Main Street Capital Investor Day Presentation Deck
Private Loan Case Study - Exostar (Co-Lead Loan)
July 6, 2020
●
$65.0 Million
Senior Secured Credit Facility
EXOSTARⓇ
We build trust.
THOMABRAVO
MAINST
CAPITAL CORPORATION
Note: Past performance does not guarantee future results
Main Street Capital Corporation
MAIN ST
Transaction Overview
On July 6, 2020, Exostar closed a $65.0 million senior secured credit facility consisting
of:
•
CAPITAL CORPORATION
$5.0 million cash flow Revolver (pari with the First Lien Term Loan, undrawn at
close)
$60.0 million First Lien Term Loan (the Term Loan)
Main Street and Goldman Sachs Asset Management (Goldman) served as the direct
lenders and the deal was sponsored by Thoma Bravo
At close, Main Street held $1.25 million of the Revolver and $15.0 million of the Term
Loan
Goldman held the remaining $3.75 million of the Revolver and $45.0 million of the Term
Loan
Company Overview
Exostar, headquartered in Herndon, VA, provides cloud-based solutions for multi-organizational collaboration, information sharing, value
chain management and supply chain management
Exostar offers identity credentialing, access management, assessment, implementation and customer support services to companies in
highly regulated industries including aerospace & defense, healthcare, pharmaceutical, life sciences and financial services
NYSE: MAIN
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