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 Jun 27, 2017
4 pages (1458 words) — Published Jun 27, 2017
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Experienced management team with proven investment process and sound long-term track record Strong earnings history and consistent coverage of interest expense and regular dividends with non-deal-dependent income Diverse portfolio as measured by number of borrowers and sectors and relative to peers Low-cost structure that benefits creditors relative to peers A substantial proportion of the portfolio consists of illiquid investments that could constrain financial flexibility in severely adverse markets Lower-midmarket investments that tend to be more susceptible to general economic weakness Prominence of key persons The stable outlook on Main Street Capital Corp. (MAIN) reflects S&P Global Ratings' expectation that the firms' net investment income will be greater than its regular dividend over the next 12 to 24 months, and that

  
Brief Excerpt:

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

  
Report Type:

Summary

Issuer
GICS
Asset Management & Custody Banks (40203010)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Main Street Capital Corp." Jun 27, 2017. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Main-Street-Capital-Corp-1875409>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Main Street Capital Corp. Jun 27, 2017. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Main-Street-Capital-Corp-1875409>
  
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