Main Street boosts firepower

|About: Main Street Capital (MAIN)|By:, SA News Editor

MAIN Street Capital boosts the size of its 5-year credit facility to $502.5M from $445M. Five existing lenders increased their commitments and one new lender relationship was added. An accordion feature allows for the size to grow up to $600M.

The company currently has about $253M of outstanding debt on the facility.