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  "documentTitle": "Main Street Capital | Investor Presentation Deck | 49 slides",
  "authorId": "main-street-capital",
  "authorName": "Main Street Capital Corporation",
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  "presentationDate": "2023-05-01 00:00:00",
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  "notes": "LMM stands for Lower Middle Market. The slide uses a mix of bulleted lists to present financial performance and credit quality.",
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      "text": "LMM investment portfolio is a pool of high quality, seasoned assets with attractive risk-adjusted return characteristics",
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      "text": "Median LMM portfolio credit statistics(1): Senior leverage of 2.9x EBITDA; 2.6x EBITDA to senior interest coverage; Total leverage of 3.1x EBITDA; Free cash flow de-leveraging.",
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      "text": "High quality, seasoned LMM portfolio: Total LMM investments at fair value equals 122% of cost; Equity component at fair value equals 191% of cost; 50 companies with unrealized appreciation; $427.2 million net unrealized appreciation.",
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      "text": "Average investment size of $26.7 million at fair value or $21.9 million on a cost basis (less than 1% of total investment portfolio)",
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      "text": "Opportunistic, selective posture toward new investment activity over the economic cycle",
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      "text": "(1) These credit statistics exclude portfolio companies on non-accrual and four companies for which EBITDA is not a meaningful metric",
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      "text": "LMM Investment Portfolio",
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