#United States #Houston #MSC Income Fund #MSC Adviser I #Investment Grade Notes

MSC Income Fund Enhances Financial Stability with $150 Million Notes Offering

On March 13, 2026, MSC Income Fund, Inc. (NYSE: MSIF) proudly announced the conclusion of an important private notes offering, bringing in a total of $150 million. This strategic move positions the Fund to optimize its financial structure and further its investment ambitions.

Details of the Offering

The offering comprises unsecured notes that yield a fixed interest rate of 6.34% per annum, with payments structured on a semiannual basis. The maturity period for these notes is set for May 31, 2029, allowing for financial flexibility. Notably, MSC Income retains the option to redeem the notes in full or partially at par, plus any accrued interest before the prepayment date and, if applicable, a make-whole premium.

The primary use of the funds raised from this offering is to service existing debt drawn from MSC Income's floating-rate multi-year revolving credit facility. In a cyclical nature, the Fund plans to re-borrow from this credit facility to finance fresh investments while also fulfilling ongoing operational expenses and other fiscal obligations.

Regulatory Compliance

It's essential to note that the Notes have not been registered under the Securities Act of 1933 or any pertinent state securities laws. Consequently, these securities cannot be offered or sold in the United States without appropriate registration or exemption from such obligations. This stipulation ensures compliance with legal frameworks governing securities sales.

About MSC Income Fund, Inc.

MSC Income Fund, a dedicated principal investment firm, primarily furnishes debt capital to private entities that are either owned by or in close acquisition negotiations with private equity funds. The Fund's operating model typically supports leveraged buyouts, recapitalizations, growth financing, and refinancing activities within diverse sectors.

Partnering with private equity sponsors, MSC Income primarily invests in secured debt as part of its private loan strategy, while also maintaining a portfolio focused on tailored long-term debt and equity investments targeted at lower middle-market businesses. This method facilitates collaborations with entrepreneurs and management teams, expanding their investment strategies.

Strategic Focus and Future Outlook

The Fund specifically targets companies with annual revenues ranging from $25 million to $500 million in various investment capacities, while also engaging with lower middle-market portfolio firms reporting revenues between $10 million and $150 million. This dual-focus not only diversifies their investment portfolio but also enhances overall financial stability, improving the potential for growth and future success.

MSC Adviser I, LLC and Forward-Looking Statements

MSC Adviser I, LLC, a fully owned subsidiary of Main Street, acts as the registered investment adviser for the Fund, guiding its strategic financial decisions within the established legal framework of investment advisories. The management acknowledges that any forward-looking statements made are subject to various risks and uncertainties that could affect their accuracy. Therefore, MSC Income cautions that these projections are neither guarantees nor assurances of future outcomes.

Conclusion

With this pivotal financing move, MSC Income Fund stands poised to navigate the complexities of the financial markets while achieving its strategic goals. The successful closure of this $150 million note offering marks a significant milestone in MSC Income's commitment to financial strength and dedication to providing exceptional support to its portfolio companies. Stakeholders can look forward to seeing how these developments unfold in the coming months as the Fund seeks to leverage its newfound resources for sustained growth and success.