| |
| |
| Contacts: MSC Income Fund, Inc. Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com Cory E. Gilbert, CFO, cgilbert@mainstcapital.com 713-350-6000 |
MSC Income Fund Announces
Amendment of its Corporate Credit Facility
Total Commitments Increased $80.0 million to $245.0 million
Accordion Feature Increased $100.0 million to $300.0 million
HOUSTON, March 4, 2025 – MSC Income Fund, Inc. (NYSE: MSIF) (the “Company”) is pleased to
announce the amendment of its senior secured revolving credit facility (the “Corporate Facility”). The
recently closed amendment provides an increase in total commitments from $165.0 million to $245.0
million. The $80.0 million increase in total commitments was the result of the addition of a new lender
relationship, which further diversifies the Company’s lender group under the Corporate Facility to a
total of seven participants. In addition to the increased commitments, the amendment also provides for
an increase to the accordion feature, which provides the Company with the right to request increases in
commitments under the facility on the same terms and conditions as the existing commitments, from
up to a total of $200.0 million to up to a total of $300.0 million.
ABOUT MSC INCOME FUND, INC.
The Company (www.mscincomefund.com) is a principal investment firm that primarily provides debt
capital to private companies owned by or in the process of being acquired by a private equity fund.
The Company’s portfolio investments are typically made to support leveraged buyouts,
recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse
industry sectors. The Company seeks to partner with private equity fund sponsors and primarily
invests in secured debt investments within its private loan investment strategy. The Company also
maintains a portfolio of customized long-term debt and equity investments in lower middle market
companies, and through those investments, the Company has partnered with entrepreneurs, business
owners and management teams in co-investments with Main Street Capital Corporation (NYSE:
MAIN) (“Main Street”) utilizing the customized “one-stop” debt and equity financing solution
provided in Main Street’s lower middle market investment strategy. The Company’s private loan
portfolio companies generally have annual revenues between $25 million and $500 million. The
Company’s lower middle market portfolio companies generally have annual revenues between $10
million and $150 million.