Main Street Capital Offers $500 Million in 6.55% Notes

News related to:Main Street Capital Corporation · 2 min read

HOUSTON, Oct. 27, 2026 /CourierPR/ -- Main Street Capital Corporation has announced the pricing of a $500 million underwritten public offering of 6.55% notes due 2030. The notes will bear interest at a rate of 6.55% per year, payable semiannually, and are set to mature on January 15, 2030. The offering is expected to close on October 29, 2026, subject to customary closing conditions.

According to the terms of the offering, the net proceeds from the sale of the notes will initially be used to repay outstanding indebtedness, including amounts outstanding under Main Street's corporate revolving credit facility and/or its special purpose vehicle revolving credit facility. The remaining proceeds will be re-borrowed under the credit facilities to make investments in accordance with the company's investment objective and strategies, to invest in marketable securities and idle funds investments, to pay operating expenses and other cash obligations, and for general corporate purposes.

RBC Capital Markets, LLC, J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., and Truist Securities, Inc. are acting as joint book-runners for the offering. Huntington Securities, Inc. is acting as a passive book-running manager, while Raymond James & Associates, Inc., Academy Securities, Inc., Zions Direct, Inc., TCBI Securities, Inc., doing business as Texas Capital Securities, Hancock Whitney Investment Services, Inc., Fifth Third Securities, Inc., and FNB America Securities LLC are acting as co-managers.

Investors are advised to carefully consider Main Street's investment objective and strategies, as well as the risks related to the company and the offering, before making any investment decisions. The pricing term sheet dated October 27, 2026, the preliminary prospectus supplement dated October 27, 2026, and the accompanying prospectus dated February 28, 2025, each of which have been filed with the Securities and Exchange Commission, contain important information about the company and the offering. These documents should be reviewed thoroughly before investing.

Main Street Capital Corporation primarily provides customized long-term debt and equity capital solutions to lower middle market companies and debt capital to private companies owned by or in the process of being acquired by a private equity fund. The company's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings, and acquisitions of companies operating in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners, and management teams, providing customized "one-stop" debt and equity financing solutions within its lower middle market investment strategy. The company also invests in secured debt through its wholly owned portfolio company, MSC Adviser I, LLC dba Main Street Capital Partners, which is registered as an investment adviser under the Investment Advisers Act of 1940, as amended.

The company's lower middle market portfolio companies generally have annual revenues between $10 million and $150 million, while its private loan portfolio companies typically have annual revenues between $25 million and $500 million.

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