NYSE:MAINCapital Markets
Does Main Street Capital’s (MAIN) Expanded Credit Line Hint at a Shift in Capital Deployment Strategy?
Main Street Capital recently increased total commitments under its multi-year revolving credit facility from US$1.15 billion to US$1.18 billion by adding a new lender under the facility’s accordion feature, which permits further expansion on consistent terms.
This expanded credit capacity gives the company additional financial flexibility to fund future investments and general corporate needs, potentially reinforcing its ability to support lower middle market and private loan...