Main Street Capital Investor Day Presentation Deck
Long-term Maturity of Debt Obligations
MAIN's conservative
capital structure
provides long-term
access to attractively-
priced and structured
debt facilities
Allows for investments
in assets with long-term
holding periods / illiquid
positions and greater
yields and overall
returns
Provides downside
protection and liquidity
through economic
cycles
Allows MAIN to be
opportunistic during
periods of economic
uncertainty
(in millions)
$900
$850
$800
$750
$700
$650
$600
$550
$500
$450
$400
$350
$300
$250
$200
$150
$100
$50
$0
2023
$450.0
$63.8
2024
$150.0
2025
SBIC debentures
December 2025 Notes (3)
$500.0
2026
$564.0
$75.0
2027
Credit Facilities
July 2026 Notes (4)
$75.0
2028
2029
MAINST T
CAPITAL CORPORATIONON
May 2024 Notes (2)
$35.0
2030
$85.2
2031
(1) As of March 31, 2023, MAIN maintained the Corporate Facility and the SPV Facility, which had $980.0 million and $255.0 million in total commitments with accordion features with
the right to request increases up to $1.4 billion and $450.0 million, revolving periods until August 2026 and November 2025 with maturity dates in August 2027 and November
2027, respectively
(2) Issued in April 2019; with follow-on issuances in December 2019 and July 2020; redeemable at MAIN's option at any time, subject to certain make-whole provisions
(3) Issued in December 2022; with a follow-on issuance in February 2023; redeemable at MAIN's option at any time, subject to certain make-whole provisions
(4) Issued in January 2021; with a follow-on issuance in October 2021; redeemable at MAIN's option at any time, subject to certain make-whole provisions
Main Street Capital Corporation
NYSE: MAIN
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