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MSC Income Fund Completes Follow-On Public Offering and Listing of its Shares on the New York Stock Exchange
MAINMSCC(MAIN) Prnewswire·2025-01-30 16:45

Core Viewpoint - Main Street Capital Corporation announced the successful follow-on public offering of MSC Income Fund, Inc., raising approximately 85.4milliontosupportitsinvestmentstrategiesandrepayoutstandingdebt[1][2].CompanyOverview−MainStreetCapitalCorporationisaprincipalinvestmentfirmthatprovidescustomizedlong−termdebtandequitycapitalsolutionsprimarilytolowermiddlemarketcompanies,withportfolioinvestmentssupportingmanagementbuyouts,recapitalizations,growthfinancings,refinancings,andacquisitions[3].−Thefirmpartnerswithprivateequityfundsponsorsandfocusesonsecureddebtinvestments,targetingcompanieswithannualrevenuesbetween85.4 million to support its investment strategies and repay outstanding debt [1][2]. Company Overview - Main Street Capital Corporation is a principal investment firm that provides customized long-term debt and equity capital solutions primarily to lower middle market companies, with portfolio investments supporting management buyouts, recapitalizations, growth financings, refinancings, and acquisitions [3]. - The firm partners with private equity fund sponsors and focuses on secured debt investments, targeting companies with annual revenues between 10 million and 150millionforlowermiddlemarketinvestments,andbetween150 million for lower middle market investments, and between 25 million and $500 million for private loan investments [3][5]. MSC Income Fund Overview - MSC Income Fund, Inc. is an externally managed business development company that provides debt capital to private companies, particularly those owned by or in the process of being acquired by private equity funds [5]. - The fund's investment strategy includes supporting leveraged buyouts, recapitalizations, growth financings, and acquisitions, with a focus on secured debt investments [5].