Main Street Capital Corporation (MAIN) News
Main Street Capital Corporation (MAIN)
Today's Latest Price: $33.64 USD
Updated Jan 26 6:40pm
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Ranked of 43 in Private Equity
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StocksNews Articles for MAIN
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Latest MAIN News From Around the Web
Below are the latest news stories about Main Street Capital CORP that investors may wish to consider to help them evaluate MAIN as an investment opportunity.
Capital Southwest Supports O2 Investment Partners' Investment in Flip Electronics, LLCDALLAS, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq:CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it supported O2 Investment Partners, LLC’s (“O2”) significant investment in Flip Electronics, LLC (“Flip” or the “Company”) with a first lien term loan and equity co-investment. Capital Southwest serves as the term loan agent on the credit facility. PNC Bank is a first-out lender in the term loan and provided a revolving credit facility. Main Street Capital Corporation (NYSE: MAIN) is also a last-out lender in the term loan. “We are excited to partner with O2 on its investment in Flip,” said Ry... |
Main Street Prices Public Offering of $300 Million of 3.00% Notes due 2026Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it has priced an underwritten public offering of $300 million in aggregate principal amount of 3.00% notes due 2026 (the "Notes"). The Notes will bear interest at a rate of 3.00% per year, payable semiannually, will mature on July 14, 2026 and may be redeemed in whole or in part at Main Street's option at any time at par plus a "make-whole" premium, if applicable. The offering is subject to customary closing conditions and is expected to close on January 14, 2021. |
Main Street Announces New Portfolio InvestmentMain Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment to facilitate the minority recapitalization of Bolder Panther Group, LLC (the "Company" or "Smoker Friendly"), one of the largest retailers of tobacco products in the United States. Main Street partnered with the Company's senior management team and other existing shareholders to facilitate the transaction, with Main Street funding $51.7 million in a combination of first-lien, senior secured term debt and a direct preferred equity investment. Main Street is also providing the Company with a revolving line of credit to support its working capital needs and has agreed to make a delayed draw term loan available to the Company to assist with its acquisiti... |
RBC Capital Stick to Their Buy Rating for Main Street Capital Corp. By Investing.comRBC Capital Stick to Their Buy Rating for Main Street Capital Corp. |
Main Street Announces Follow-On InvestmentMain Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a follow-on investment in an existing portfolio company totaling $22.3 million. Main Street's follow-on investment in CAI Software, LLC ("CAI" or the "Company") supported the Company's acquisition of Radley Corporation ("Radley"), a complementary business in the electronic data interchange ("EDI") and data collection software solution industry, significantly expanding the Company's customer base and service offerings. The follow-on investment consists of an additional $21.3 million of first lien, senior secured term debt and a $1.0 million equity investment. |
Analyzing Main Street Capital's Ex-Dividend DateMain Street Capital (NYSE:MAIN) declared a dividend payable on March 15, 2021 to its shareholders as of November 3, 2020. It was also announced that shareholders of Main Street Capital's stock as of February 26, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. The ex-dividend date for Main Street Capital is set for February 25, 2021. The company's current dividend payout sits at $0.2, equating to a dividend yield of 8.73% at current price levels.Understanding Ex-Dividend Dates'An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors s... |
Five Questions with Dwayne Hyzak of Main Street Capital | PE HubCEO of Main Street shares his insights on the impact of new administration and covid on market. |
Analysts Estimate Main Street Capital (MAIN) to Report a Decline in Earnings: What to Look Out forMain Street Capital (MAIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
BarFly Ventures’ HopCat bought out of bankruptcy by Congruent Investment Partners and Main Street CapitalThe new owners bought BarFly’s assets — including HopCat, Stella’s and Grand Rapids Brewing company — for $17.5 million |
Main Street Receives Shareholder Approval to Become Sole Adviser to HMS Income FundMain Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that MSC Adviser I, LLC ("MSC Adviser"), a wholly owned subsidiary of Main Street and the previous investment sub-adviser to HMS Income Fund, Inc. (the "Fund"), has successfully received approval from the Fund's shareholders to replace HMS Adviser LP, a wholly owned affiliate of Hines Interests Limited Partnership, as the sole investment adviser and administrator to the Fund. The transaction benefits the Fund's stockholders as the management fee rate will be reduced from 2.00% to 1.75%, with no changes to incentive fee calculations. As part of the transaction, the Fund will change its name to MSC Income Fund, Inc. ("MSC Income"). The transaction is subject to customary closing conditions and is expected ... |