Research Update: Main Street Capital Corp. Outlook Revised To Stable From Negative On Plan To Maintain Higher Asset Coverage Requirement - S&P Global Ratings’ Credit Research

Research Update: Main Street Capital Corp. Outlook Revised To Stable From Negative On Plan To Maintain Higher Asset Coverage Requirement

Research Update: Main Street Capital Corp. Outlook Revised To Stable From Negative On Plan To Maintain Higher Asset Coverage Requirement - S&P Global Ratings’ Credit Research
Research Update: Main Street Capital Corp. Outlook Revised To Stable From Negative On Plan To Maintain Higher Asset Coverage Requirement
Published May 04, 2018
6 pages (1742 words) — Published May 04, 2018
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Main Street Capital announced on its first-quarter earnings call that it would not pursue higher leverage through the newly passed Small Business Credit Availability Act. As a result, we are revising the outlook to stable from negative. We are also affirming the 'BBB' ratings. The stable outlook reflects our view that the company will maintain low leverage relative to peers. On May 4, 2018, S&P Global Ratings revised the outlook on Main Street Capital Corp. to stable from negative. We also affirmed the 'BBB' issuer credit ratings and senior unsecured ratings. The stable outlook reflects our view that the company will maintain low leverage relative to peers. On the company's earnings call on May 4, 2018, it indicated that it

  
Brief Excerpt:

...+ Main Street Capital announced on its first-quarter earnings call that it would not pursue higher leverage through the newly passed Small Business Credit Availability Act. + As a result, we are revising the outlook to stable from negative. We are also affirming the '###' ratings. + The stable outlook reflects our view that the company will maintain low leverage relative to peers....

  
Report Type:

Research Update

Issuer
Main Street Capital Corp.
GICS
Asset Management & Custody Banks (40203010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Main Street Capital Corp. – 2018/10/18 – US$ 500.00

Summary: Main Street Capital Corp. – 2018/10/18 – US$ 225.00

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Main Street Capital Corp. – 2017/06/27 – US$ 500.00

Summary: Main Street Capital Corp. – 2017/06/27 – US$ 225.00

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Summary: Main Street Capital Corp. – 2016/07/21 – US$ 225.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Main Street Capital Corp. Outlook Revised To Stable From Negative On Plan To Maintain Higher Asset Coverage Requirement" May 04, 2018. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Main-Street-Capital-Corp-Outlook-Revised-To-Stable-From-Negative-On-Plan-To-Maintain-Higher-Asset-Coverage-Requirement-2032579>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Main Street Capital Corp. Outlook Revised To Stable From Negative On Plan To Maintain Higher Asset Coverage Requirement May 04, 2018. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Main-Street-Capital-Corp-Outlook-Revised-To-Stable-From-Negative-On-Plan-To-Maintain-Higher-Asset-Coverage-Requirement-2032579>
  
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