Main Street Capital Corporation announced on October 10, 2024, its private loan portfolio activity for the third quarter of 2024. The company originated new or increased commitments totaling $270.3 million during the quarter.
Total investments funded across its private loan portfolio reached a cost basis of $309.3 million. This activity demonstrates Main Street's continued focus on its private loan investment strategy.
As of September 30, 2024, Main Street's private loan portfolio included approximately $1.9 billion in total investments at cost, spread across 92 unique borrowers. The portfolio was primarily invested in first lien debt, comprising 96.0% of the cost basis.
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