BB&T Upsizes Main Street Capital Facility to $585MM
Main Street Capital expanded the total commitments under its credit facility from $560 million to $585 million. BB&T served as administrative agent for the banking syndicate.
Main Street Capital expanded the total commitments under its credit facility from $560 million to $585 million. BB&T served as administrative agent for the banking syndicate.
Glowpoint, a managed service provider of video collaboration and network applications, completed a recapitalization of its existing debt obligations supported by loans from Western Alliance and Super G Capital.
Capital Southwest supported the acquisition of Binswanger Glass by Wingate Partners with a $44.2 million first lien term loan. Main Street Capital was a co-investor in the loan.
Investment firm D.A. Davidson served as exclusive financial advisor to Hawk Ridge Systems related to its recap by Main Street Capital and management.
According to a report by FRB Capital Markets, Monroe Capital leads the highest-scoring BDCs in shareholder returns and investment competitiveness.
Main Street Capital announced the amendment of its credit facility. BB&T served as administrative agent.
Capital Southwest announced I-45 SLF, a joint venture with Main Street Capital, closed on a $75 million credit facility with Deutsche Bank, acting as administrative agent on the deal.
Capital Southwest announced the formation of a joint venture with Main Street Capital to form a senior loan fund that will invest primarily in syndicated senior secured loans in the upper middle market.
Main Street Capital said it recently led a new portfolio investment totaling $17.4 million of invested capital in HW Temps with Main Street funding $13.9 million of the investment.
Main Street expanded total commitments under its five-year credit facility from $572.5 million to $597.5 million and an increase in the accordion feature of the facility from $650 million to $750 million.