- The amendment of the company five-year credit facility cuts the interest rate to Libor +1.875%, extends the maturity by a year to Sept. 2020, and boosts the amount of unsecured debt NYSE:MAIN is allowed to incur.
- Total commitments are for $555M, with an accordion feature allowing an increase up to $750M.
- Source: Press Release
Main Street Capital improves borrowing terms
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| Symbol | Last Price | % Chg |
|---|---|---|
| MAIN | - | - |
| Main Street Capital | ||