MSC Income Fund Closes Public Offering of Common Stock

Core Points - MSC Income Fund, Inc. successfully closed a public offering of 5,500,000 shares at a price of $15.53 per share, with total sales reaching 6,325,000 shares after the underwriters exercised their overallotment option [1][2] - The net proceeds from the offering amount to approximately$91 million, which will primarily be used to repay outstanding debt and for general corporate purposes [2][4] Company Overview - MSC Income is a business development company that provides debt capital to private companies, particularly those owned by private equity funds, focusing on leveraged buyouts, recapitalizations, and growth financings [4] - The company invests in secured debt and maintains a portfolio of long-term debt and equity investments in lower middle market companies, typically with annual revenues between $10 million and$500 million [4] Management and Advisory - MSC Adviser I, LLC, a wholly owned subsidiary of Main Street, serves as the investment adviser for MSC Income, managing investments for external parties [5]