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  "documentTitle": "Main Street Capital | Investor Day Presentation Deck | 155 slides",
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  "authorName": "Main Street Capital Corporation",
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  "presentationDate": "2023-06-01 00:00:00",
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  "notes": "The table demonstrates resilience by modeling a stress scenario and a subsequent management action (equity issuance) to restore leverage ratios.",
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      "text": "Note: Asset Coverage Ratio means regulatory asset coverage ratio and Debt to Equity Ratio means regulatory debt to equity ratio; SBIC Debentures are not included as “senior debt” for purposes of the BDC asset coverage requirements...",
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      "text": "A ~$105 million equity issuance in the same scenario would enhance the Asset Coverage Ratio to ~1.97x and the Debt to Equity Ratio to ~1.02x",
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      "text": "With the high-end target Asset Coverage Ratio of ~2.1x and Debt to Equity Ratio of ~0.9x, a 10% reduction in investment fair values would result in an Asset Coverage Ratio of ~1.87x and a Debt to Equity Ratio of ~1.15x",
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      "text": "The analysis above assumes no additional equity is raised – an action that MAIN would implement when market conditions allowed to enhance its leverage position (consistent with MAIN's actions in 2020 and 2021 in response to the impacts of the COVID-19 Pandemic)",
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