Main Street Invests in Bond-Coat, LoneStar Marine Shelters

Main Street Capital Corp. said Monday it completed two investments totaling $35.1 million. Main Street invested $21.1 million in Bond-Coat, of Odessa, Texas. Bond-Coat provides external casing and tubing coating for corrosion prevention and cement adhesion. Main Street also provided $14 million to Marine Shelters Holdings, which does business as LoneStar Marine Shelters. Galveston, Texas-based LoneStar is a marine building fabricator specializing in high blast rated and high fire rated buildings for the offshore oil and gas industry.

Main Street Capital Invests in AmeriTech College

Main Street Capital Corp. said Wednesday that it invested in AmeriTech College Operations. The $6.8 million consisted of first lien, senior secured debt. Salt Lake City, Utah-based AmeriTech is a college that provides healthcare training programs such as nursing, medical assisting and medical billing. PRESS RELEASE Main Street Capital Corporation (NYSE: MAIN) (“Main Street”) announced […]

Q1 Refinancing Near Record Levels: LPC

Debt refinancing dominated U.S. leveraged lending in the first quarter, according to data collected by Thomson Reuters LPC, a sister service of peHUB that tracks the loan market. Refinancings include dividend recapitalizations to pay dividends to sponsors as well as straightforward refinancings designed to lower a borrower’s interest rate or extend debt maturities.

Main Street Capital Invests $7.5 Million In Pegasus Research Group

Main Street Capital Corp. of Houston, Texas, completed a $7.5 million investment in Pegasus Research Group LLC, which does business as Televerde. The financing supported the recapitalization and growth financing of Televerde. The investments consist of a $6.25 million in first lien secured debt and a $1.25 million direct equity investment. Televerde is a Phoenix, Ariz.-based provider of sales-lead services.

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