Main Street Capital Investor Day Presentation Deck
Private Loan Case Study - Aspira (Club Loan)
$162.0 Million
April 8, 2021
Senior Secured Credit Facility
ASPIRA.
CONNECTED EXPERIENCES
ALPINE
MAIN ST
CAPITAL CORPORATION
MAIN ST
Note: Past performance does not guarantee future results
Main Street Capital Corporation
CAPITAL CORPORATION
Transaction Overview
On April 8, 2021, Aspira closed a $162.0 million senior secured credit facility consisting
of:
$10.0 million cash flow Revolver (pari with the First Lien Term Loan, undrawn at
close)
$152.0 million First Lien Term Loan (the Term Loan)
An existing co-lender relationship approached Main Street to gauge our interest in the
financing opportunity
Main Street served as a participant in a club of lenders
At close, Main Street held $1.3 million of the Revolver and $19.4 million of the Term
Loan and a fund managed by Main Street held $1.2 million of the Revolver and $18.8
million of the Term Loan
Main Street allocated $2.2 million of the Term Loan and ~$0.1 million of the Revolver to
Private Loan Fund I on the April 8th close
Company Overview
Aspira is the leading software solution provider used to manage outdoor recreation resources and to connect consumers with outdoor
experiences
Aspira offers an end-to-end technology platform, powering outdoor activities for federal, state and provincial, and local government parks,
private campgrounds, and hunt and fish management agencies using Reserve America.com, the largest online consumer marketplace for
camping reservations, as well as powering transactions directly on park agency sites
NYSE: MAIN
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