|
|
Article: Main Street Capital Receives Exemptive Order From the SEC Relating to Co-Investments With Affiliates.
- Article from:
- PR Newswire
- Article date:
- June 5, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
HOUSTON, June 5 /PRNewswire-FirstCall/ -- Main Street Capital Corporation ("Main Street") today announced that it has received an exemptive order (the "Order") from the Securities and Exchange Commission ("SEC") to permit co-investments in portfolio companies among Main Street and certain of its affiliates pursuant to the terms and conditions of the Order. The conditions of the Order generally provide that Main Street may co-invest with its affiliates as long as, among other things: the co-investments are made at the same time; are based upon identical financial terms; and are consistent with relative allocation percentages approved by the independent members of Main ...