Main Street Capital (NYSE:MAIN) is a leading Business Development Corporation (BDC), offering debt and equity capital to large and medium enterprises in a variety of sectors in the US. The company's performance over the last few years has been exceptional, with continued growth in net investment income and minimal credit losses.
Company Overview
MAIN is one of the largest BDCs with a total portfolio of $2.2bn. As of Dec. 2017, the company's portfolio is comprised of first-lien debt (79%), second-lien debt (4.5%), and equity investments (15.3%).