Main Street Prices Public Offering of $125M of Notes

7/26/20

Main Street Capital Corporation (NYSE: MAIN) is pleased to announce that it has priced an underwritten public offering of an additional $125.0 million in aggregate principal amount of its 5.20% notes due 2024. The Notes are being issued at a premium to par at a public offering price of approximately 102.67% of the principal amount per Note, resulting in estimated gross proceeds of approximately $128.3 million and a yield-to-maturity of approximately 4.42%.

ABOUT MAIN STREET CAPITAL CORPORATION

Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.

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