Main Street Financing Supports Mystic Recapitalization
Main Street Capital announced it recently led a financing totaling $15.9 million of invested capital in Mystic Logistics to support the majority recapitalization of Mystic.
Main Street Capital announced it recently led a financing totaling $15.9 million of invested capital in Mystic Logistics to support the majority recapitalization of Mystic.
Main Street Capital led a financing totaling $17 million of invested capital in Guerdon Enterprises to support the majority recapitalization of Guerdon.
Main Street Capital amended its five-year credit facility to expand the total commitments from $445 million to $502.5 million. BB&T served as administrative agent for the lender group.
Main Street Capital announced it provided a revolving line of credit to support the working capital of its new portfolio investment, a software-as-a-service provider.
Main Street Capital announced it led the syndication of a $50 million first lien, senior secured credit facility for AM3 Pinnacle.
Glowpoint announced it refinanced its existing debt facilities. Main Street Capital provided a new credit facility consisting of an $11 million term loan and a revolving credit line up to $2 million.
Main Street Announces New Portfolio Investment
Main Street Capital announced the expansion of total commitments under its credit facility from $372.5 million to $382.5 million. The company said the increase resulted from the addition of a new lender relationship.
Main Street Capital said it closed a new portfolio investment totaling $16.8 million of invested capital in Southern RV encompassing $14.6 million in senior secured term debt and $2.2 million in direct equity.
Main Street Capital closed a new portfolio investment totaling $7 million of invested capital in Garreco. The investment consists of $5.8 million term debt and a $1.2 million direct equity investment.