Main Street Capital Fixed Income Presentation Deck
Middle Market Investment Portfolio
Middle Market
investment portfolio
provides a diversified
mix of investments and
diverse sources of
income to complement
the LMM investment
portfolio and represents
a potential source of
liquidity for MAIN's
future investment
activities
28 investments / $295.9 million in fair value
7% of total investment portfolio at fair value
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Average investment size of $12.6 million(¹) (less than 1% of total
portfolio)
Investments in secured and/or rated debt investments
93%(1) of Middle Market portfolio is secured debt
99%(1) of Middle Market debt portfolio is first lien term debt
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MAIN ST
CAPITAL CORPORATION
Debt yielding 11.8% (²)
95% (1)
of Middle Market debt investments bear interest at floating
rates(3), providing matching with MAIN's floating rate Credit
Facilities (4)
●
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Approximately 425 basis point effective interest margin vs
"matched" floating rate on MAIN's Credit Facilities (4)
(1) As of June 30, 2023; based on cost
(2) Weighted-average effective yield is calculated using the applicable interest rate as of June 30, 2023 and includes amortization of deferred debt origination fees and accretion of
original issue discount, but excludes fees payable upon repayment of the debt instruments and any debt investments on non-accrual status
(3)
77% of floating interest rates on Middle Market debt investments are subject to contractual minimum "floor" rates
(4) The defined term and additional details for the Credit Facilities is included on page 18
Main Street Capital Corporation
NYSE: MAIN
mainstcapital.com
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