Main Street Capital Announces Increase In Commitments Under Its Credit Facility To $277.5 Million
Main Street Capital Corporation (NYSE: MAIN) announced today the expansion of total commitments under its three-year credit facility (the "Credit Facility") from $235.0 million to $277.5 million. The $42.5 million increase in total commitments included commitment increases by three lenders currently participating in the Credit Facility. The amended Credit Facility contains an upsized accordion feature that allows for a further increase in total commitments under the facility up to $350 million of total commitments from new and existing lenders on the same terms and conditions as the existing commitments.
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