NYSE:MAINCapital Markets
A Look At Main Street Capital’s (MAIN) Valuation After Its New 2029 Debt Refinancing
Why Main Street Capital’s new 2029 notes matter for shareholders
Main Street Capital (MAIN) has completed a US$200 million fixed income offering of 6.95% notes due March 1, 2029, with proceeds earmarked to repay outstanding debt and credit facilities.
See our latest analysis for Main Street Capital.
The new notes come as Main Street Capital’s share price has slipped to US$52.63, with a 1-month share price return of an 8.26% decline and a 90-day share price return of a 15.71% decline, even...