New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 21, 2014
07:05 EDTMAINMain Street announces investment of $15.9M in Mystic Logistics
Main Street announced that it recently led a financing totaling $15.9M of invested capital in Mystic Logistics to support the majority recapitalization of Mystic, with Main Street funding $12.7M of the financing in this new portfolio investment. Main Street's portion of the financing included a $10M first lien, senior secured term loan and a $2.7M equity investment. In addition, Main Street and its co-investor in the financing are also providing Mystic an undrawn revolving line of credit to support its future working capital needs. Main Street and its co-investor partnered with the management team of Mystic to facilitate the transaction.
News For MAIN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 23, 2014
07:11 EDTMAINMain Street sees Q3 EPS 57c-58c, consensus 55c
Subscribe for More Information
October 21, 2014
07:08 EDTMAINMain Street announces $12M investment in East West Copolymer & Rubber
Subscribe for More Information
October 16, 2014
07:09 EDTMAINMain Street exits Spectrio investment with 16.3% internal rate of return
Main Street recently fully exited its investment in Spectrio LLC, a national provider of on-hold messaging and digital signage managed services. Main Street's initial investment in May 2009 consisted of a $5.7M senior secured, first lien debt investment with an equity warrant participation for 8.4% of the fully-diluted equity interests in Spectrio. Main Street realized a gain of approximately $3.9M on the redemption of its warrant by Spectrio. On a cumulative basis, Main Street realized an internal rate of return of 16.3% and a 1.7 times money invested return in aggregate on its debt and equity investment in Spectrio.
October 15, 2014
07:08 EDTMAINMain Street makes new portfolio investment in Computer Associates Inc.
Main Street recently led a financing totaling $7.6M of invested capital in Computer Associates, Inc., to support the majority recapitalization of CAI, with Main Street funding $6.1M of the financing in this new portfolio investment. Main Street's portion of the financing included a $5.4M first lien, senior secured term loan and a $0.7M equity investment.
October 9, 2014
07:04 EDTMAINMain Street announces exit of portfolio investment in Texas Re-Excavation
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use