The company is pleased to announce the closing of a private notes offering totaling $150.0 million in aggregate principal amount (the “Notes”). The Notes are unsecured and bear interest at a fixed rate of 6.93% per year, payable semiannually, mature on April 15, 2031 and may be redeemed in whole or in part at any time or from time to time at Main Street’s option at par plus accrued interest to the prepayment date and, if applicable, a make-whole premium.
Main Street intends to use the proceeds from this offering to repay outstanding indebtedness, including amounts outstanding under its corporate revolving credit facility and/or its special purpose vehicle revolving credit facility, to make investments in accordance with its investment objective and strategies, to make investments in marketable securities and idle funds investments, to pay operating expenses and other cash obligations and for general corporate purposes. As of 2026-04-08, the Fund’s leverage was 43.3% and Debt Focused BDC Group leverage was 51.1%.
