{
  "docId": "019de075-2aae-76c5-b03c-c7f203c7f0b5",
  "docSlug": "2e9fbb613837048464351063cd777af9",
  "documentTitle": "Main Street Capital | Investor Day Presentation Deck | 155 slides",
  "authorId": "main-street-capital",
  "authorName": "Main Street Capital Corporation",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-06-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 117,
  "pageCount": 132,
  "prevPage": 116,
  "nextPage": 118,
  "slideType": "other",
  "function": "illustrate_case",
  "density": "overcrowded",
  "nDataPoints": 14,
  "notes": "The slide details the syndication and allocation of a credit facility among Main Street Capital and other entities.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de075-2aae-76c5-b03c-c7f203c7f0b5/117",
  "deckHref": "/decks/019de075-2aae-76c5-b03c-c7f203c7f0b5",
  "deckJsonHref": "/decks/019de075-2aae-76c5-b03c-c7f203c7f0b5.json",
  "deckAnchorHref": "/decks/019de075-2aae-76c5-b03c-c7f203c7f0b5#slide-117",
  "components": [
    {
      "bbox": {
        "h": 0.04,
        "w": 0.14,
        "x": 0.8,
        "y": 0.03
      },
      "kind": "image",
      "text": "Main Street Capital Corporation Logo",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "373358ca-a81c-446a-b370-cde4e400f7ee",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.943,
        "x": 0.048,
        "y": 0.835
      },
      "kind": "list",
      "text": "NWN has an attractive 40% managed services / 60% product revenue mix which drives margin expansion and has exposure to attractive end markets including commercial, education, financial, government, healthcare, and industrial; NWN is headquartered in Waltham, MA.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "06906f0b-b36a-440f-8572-aa54244cf694",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.635,
        "x": 0.356,
        "y": 0.395
      },
      "kind": "list",
      "text": "At close, Main Street held $20.2 million of the Revolver and $124.3 million of the Term Loan and funds managed by Main Street held $3.5 million of the Revolver and $46.5 million of the Term Loan while syndicating $6.0 million of the Revolver and $44.0 million of the Term Loan to three other parties.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3d7e20bd-78cf-4778-8f18-82ea8e4c0959",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.943,
        "x": 0.048,
        "y": 0.79
      },
      "kind": "list",
      "text": "NWN is a leader within the business and managed services space providing secure cloud communications, security, unified communications and collaboration, data center, networking, managed services and cloud solutions.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "595778cd-8413-46ba-8c89-cc244ad0868e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.635,
        "x": 0.356,
        "y": 0.525
      },
      "kind": "list",
      "text": "Main Street generated $1.1 million in syndication fees through this transaction.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "73bf8a2e-f8e8-4458-bb81-f4b2ad55479f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.635,
        "x": 0.356,
        "y": 0.235
      },
      "kind": "list",
      "text": "On May 7, 2021, NWN Corporation (NWN) closed a $247.0 million senior secured credit facility consisting of: $30.0 million cash flow Revolver; $217.0 million First Lien Term Loan.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "848b98e9-210c-417d-852c-a3d695188f5b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.635,
        "x": 0.356,
        "y": 0.55
      },
      "kind": "list",
      "text": "Main Street allocated $2.2 million of the Term Loan and ~$0.3 million of the cash flow Revolver to Private Loan Fund I (Fund I) on the May 7th close.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c028f867-d699-4db9-a9c5-236930a46eb0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.635,
        "x": 0.356,
        "y": 0.37
      },
      "kind": "list",
      "text": "Main Street served as the sole lead arranger in the financing process.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c269bd19-a3dc-4891-83ec-9a92a7e7e410",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.635,
        "x": 0.356,
        "y": 0.595
      },
      "kind": "list",
      "text": "After closing, (i) Main Street held $41.2 million of Term Loan and ~$8.8 million of the Revolver, (ii) Fund I held $2.2 million of the Term Loan and ~$0.3 million of the Revolver and (iii) other funds managed by Main Street held $3.5 million of the Revolver and $46.5 million of the Term Loan.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ca5269c7-dcd0-4b20-9cc6-782b92dce029",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.635,
        "x": 0.356,
        "y": 0.48
      },
      "kind": "list",
      "text": "Shortly after close, Main Street sold $11.4 million of the Revolver and $94.5 million of the Term Loan to a group of direct lenders via assignment.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f7fffd1e-e092-4fbb-a3ea-cbb1416eddb9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.33,
        "w": 0.3,
        "x": 0.048,
        "y": 0.186
      },
      "kind": "other",
      "text": "Sidebar with deal summary: $247.0 Million, May 7, 2021, Senior Secured Credit Facility, NWN logo, New State Capital Partners logo, Main Street Capital Corporation logo.",
      "attrs": null,
      "subkind": "unclassified",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e521b1bd-609c-470c-888c-f2a5285ccfa8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.028,
        "w": 0.635,
        "x": 0.356,
        "y": 0.745
      },
      "kind": "paragraph",
      "text": "Company Overview",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1abd8e65-d227-4f8a-a8a0-9852ad3370a4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.028,
        "w": 0.635,
        "x": 0.356,
        "y": 0.186
      },
      "kind": "paragraph",
      "text": "Transaction Overview",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f1b3f08b-bb41-496c-b5a7-23dacfc146d1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.05,
        "y": 0.11
      },
      "kind": "title",
      "text": "Private Loan Case Study – NWN (Lead Loan)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6c7a0974-42f6-46ad-9ddb-21eb4c66ec95",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "f8f65b0a-6d8c-4c72-9042-92c693b41d4e",
      "evidence": "The slide contains multiple bullet lists with transaction overview and company overview details.",
      "confidence": 0.8
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}