Main Street Capital Corp Entered Third Amended and Restated Credit Agreement, Revolving Commitments By Lenders Were Increased To $1.11B
The Amendment amended the Credit Agreement as follows: (i) revolving commitments by lenders were increased to $1.110 billion, (ii) the accordion feature providing Main Street the right to request increases in commitments from new and existing lenders on the same terms and conditions as the existing commitments was increased to up to a total of $1.665 billion, (ii) the revolving period and the final maturity date extend through June 2028 and June 2029, respectively, on $1.035 billion of revolving commitments, and August 2026 and August 2027, respectively, on $0.075 billion of revolving commitments, and (iii) other changes as described in the Amendment.