Main Street Capital Corp 8-K

Summary

Main Street issued $200M of additional 6.95% notes due 2029, bringing the series’ principal outstanding to $550M. The offering closed on 3/31/2026; Main Street intends to use the net proceeds initially to repay indebtedness, including credit-facility borrowings.

Key Figures

• Principal: $200M; net proceeds: ≈$202.8M after underwriting discounts and estimated offering expenses.
• Interest rate and maturity: 6.95% annually, payable semiannually; due 3/1/2029. The notes are direct unsecured obligations, ranking equally with Main Street’s other unsecured debt and effectively subordinated to secured debt to the extent of its collateral.
• The notes are redeemable at par plus accrued interest on or after 2/1/2029; before then, an optional redemption price formula applies. Holders may require repurchase at par plus accrued interest upon a qualifying change-of-control event.