Summary: Main Street Capital Corp. - S&P Global Ratings’ Credit Research

Summary: Main Street Capital Corp.

Summary: Main Street Capital Corp. - S&P Global Ratings’ Credit Research
Summary: Main Street Capital Corp.
Published Mar 20, 2015
4 pages (1253 words) — Published Mar 20, 2015
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Experienced management team and proven credit investment process Strong earnings history and consistent coverage of interest and dividends with non-deal-dependent income Prominence of key persons Illiquid investments that may constrain financial flexibility in adverse markets The rating outlook on Main Street Capital Corp. is stable. Standard&Poor's Ratings Services expects the company to operate with debt to adjusted total equity (ATE) of less than 1.5x and debt to reported equity of 0.85x while continuing to grow its portfolio incrementally. The stable outlook also reflects our expectation that its earnings--non-deal-dependent income coverage of interest and dividends and realized return on average portfolio investments--will remain above our stated thresholds. An upgrade is unlikely given Main Street's relatively limited business diversity--it is

  
Brief Excerpt:

...Strong earnings history and consistent coverage of interest and dividends with non-deal-dependent income...

  
Report Type:

Summary

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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MLA:
S&P Global Ratings’ Credit Research. "Summary: Main Street Capital Corp." Mar 20, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Main-Street-Capital-Corp-1390103>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Main Street Capital Corp. Mar 20, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Main-Street-Capital-Corp-1390103>
  
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