Follow-On Offering

Technology & Services
Follow-On Offering

Summary

Baird served as a bookrunner on the offering.

About

Main Street Capital Corporation (“Main Street” or the “Company”) (NYSE: MAIN) recently completed a follow-on offering of 4,600,000 shares of common stock at a price of $31.50 per share, generating gross proceeds of $144.9 million. Main Street intends to use the net proceeds from the offering to repay outstanding debt borrowed under its credit facility, to make investments in accordance with its investment objective and strategies, to make investments in marketable securities and idle funds investments, to pay operating expenses and other cash obligations and for general corporate purposes.

Main Street is a principal investment firm that 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 is headquartered in Houston, Texas.

For additional information about this transaction, please contact:

Mark Micklem (202) 303-1815
Gary Placek (414) 765-3611
Paul Egge (202) 303-1816
Technology & Services
Follow-On Offering
Date
April 2014
Company
Main Street Capital Corporation
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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