Item 1.01.Entry into a Material Definitive Agreement.
On April 24, 2025, Main Street Capital Corporation (“Main Street”), through its wholly-owned subsidiary, MSCC Funding
I, LLC (“MSCC Funding”), entered into that certain Third Amendment (the “Amendment”) to the Revolving Credit and
Security Agreement dated as of November 22, 2022 (as amended, supplemented and restated prior to the Amendment, the
“Credit Amendment” and, as amended by the Amendment, the “SPV Facility”), among MSCC Funding, as borrower, the
lenders from time to time party thereto, Main Street, as collateral manager, Truist Bank (“Truist”), acting as administrative
agent and swingline lender, Citibank, N.A., acting as collateral agent, document custodian and custodian, Virtus Group,
L.P., as collateral administrator, and Western Alliance Trust Company, N.A., as successor collateral agent, successor
document custodian, successor custodian and successor collateral administrator.
The Amendment amended the Credit Agreement as follows: (i) decreased the interest rate to one-month term Secured
Overnight Financing Rate plus an applicable margin of (a) 1.95% during the revolving period (from 2.35%), (b) 2.075%
for the first year following the end of the revolving period (from 2.475%) and (c) 2.20% for the second year following the
end of the revolving period (from 2.60%), (ii) extended the revolving period from through September 2027 to through
September 2028, (iii) extended the final maturity date from September 2029 to September 2030, (iv) decreased the unused
fee to 0.40% (from 0.50%) on the unused amount up to 50% (from 35%) of the commitment amount and (v) other changes
as described in the Amendment.
Affiliates of Truist and certain other lenders under the SPV Facility from time to time receive customary fees and expenses
in the performance of investment banking, financial advisory or other services for Main Street.
The above summary is not complete and is qualified in its entirety to the full text of the Amendment, which is attached
hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of a Registrant.
The disclosure set forth above under Item 1.01 is incorporated by reference herein.
Item 8.01. Other Events.
On April 24, 2025, Main Street issued a press release related to the Amendment. A copy of such press release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
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