HOUSTON, April 10, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) ("MSC Income" or the "Company") is pleased to announce the following recent activity in its private loan portfolio. During the first quarter of 2025, MSC Income originated new or increased commitments in its private loan portfolio of $135.9 million and funded total investments across its private loan portfolio with a cost basis totaling $137.5 million. The following represent notable new private loan commitments and investments during the first quarter of 2025: $27.0 million in a first lien senior secured loan, $4.7 million in a first lien senior secured revolver and $0.7 million in equity to a designer and manufacturer of highly engineered electrical power distribution solutions to datacenters and other power applications; Increased investment of $28.8 million in a first lien senior secured loan to a manufacturer of chemicals and lubricant additives serving large specialty chemical companies; Increased investment of $17.9 million in a first lien senior secured loan and $2.7 million in a first lien senior secured delayed draw loan to a leading independent provider of maintenance, repair and operations services for the private aviation industry; Increased commitment of $17.2 million in an incremental first lien senior secured loan and $0.3 million in incremental equity to a manufacturer of custom engineered die cut, formed foam, nonwoven and multi-material components for the automotive and healthcare end markets; $12.5 million in a first lien senior secured loan to a developer and operator of midstream gas infrastructure focused on providing gas treatment, processing and transportation services in the Delaware Basin; Increased investment of $8.5 million in a first lien senior secured loan to a provider of test, inspection and certification instruments and associated parts and services; and $6.0 million in a first lien senior secured loan, $0.8 million in a first lien senior secured revolver and $0.2 million in equity to a manufacturer of gravity flow shelving solutions for grocery, convenience and alcohol retailers. As of March 31, 2025, MSC Income's private loan portfolio included total investments at cost of approximately $790.0 million across 84 unique companies. The private loan portfolio, as a percentage of cost, included 93.5% invested in first lien debt investments and 6.5% invested in equity investments or other securities. 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. Story Continues ABOUT MSC ADVISER I, LLC MSC Adviser I, LLC ("MSCA") is a wholly-owned subsidiary of Main Street that is registered as an investment adviser under the Investment Advisers Act of 1940, as amended. MSCA serves as the investment adviser and administrator of the Company in addition to several other advisory clients. Contacts: MSC Income Fund, Inc. Dwayne L. Hyzak, CEO, [email protected] Cory E. Gilbert, CFO, [email protected] 713-350-6000 Dennard Lascar Investor Relations Ken Dennard / [email protected] Zach Vaughan / [email protected] 713-529-6600Cision View original content:https://www.prnewswire.com/news-releases/msc-income-fund-announces-first-quarter-2025-private-loan-portfolio-activity-302424973.html SOURCE MSC Income Fund, Inc. View Comments
MSC Income Fund Announces First Quarter 2025 Private Loan Portfolio Activity
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more
Start Your Free Trial Now!Not sure where to invest today?
Kalkine’s latest research highlights three companies identified through in-depth analysis and market insights.
Explore these research reports to learn about companies currently being tracked by our analysts and make more informed investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...