Main Street Capital Corp.'s $500 Million Senior Unsecured Notes Due 2030 Rated'BBB-' - S&P Global Ratings’ Credit Research

Main Street Capital Corp.'s $500 Million Senior Unsecured Notes Due 2030 Rated'BBB-'

Main Street Capital Corp.'s $500 Million Senior Unsecured Notes Due 2030 Rated'BBB-' - S&P Global Ratings’ Credit Research
Main Street Capital Corp.'s $500 Million Senior Unsecured Notes Due 2030 Rated'BBB-'
Published Oct 27, 2026
Published Oct 27, 2026
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Abstract:

TORONTO (S&P Global Ratings) Oct. 27, 2026--S&P Global Ratings today assigned its'BBB-'issue-level rating to Main Street Capital Corp.'s (BBB-/Stable/--) $500 million senior unsecured notes due 2030. The company intends to use the net proceeds to pay off outstanding borrowings under its credit facilities. As of Oct. 23, 2026, Main Street had $575 million outstanding on its corporate facility and $314 million outstanding on its SPV facility. As of the same date, Main Street had approximately $2.7 billion debt outstanding, of which roughly 67% was unsecured, a higher proportion than those of its publicly traded business development company peers. Assuming no growth in equity as of June 30, 2026, Main Street's leverage, calculated as debt to adjusted total

  
Report Type:

Ratings Action

Issuer
GICS
Asset Management & Custody Banks (40203010)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Main Street Capital Corp.'s $500 Million Senior Unsecured Notes Due 2030 Rated'BBB-'" Oct 27, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Main-Street-Capital-Corp-s-500-Million-Senior-Unsecured-Notes-Due-2030-Rated-BBB-3650714>
  
APA:
S&P Global Ratings’ Credit Research. (). Main Street Capital Corp.'s $500 Million Senior Unsecured Notes Due 2030 Rated'BBB-' Oct 27, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Main-Street-Capital-Corp-s-500-Million-Senior-Unsecured-Notes-Due-2030-Rated-BBB-3650714>
  
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