Main Street Capital Corporation announced on January 30, 2025, that MSC Income Fund, Inc., an externally managed BDC advised by Main Street's subsidiary, successfully closed a follow-on public offering of 5,500,000 shares of common stock at $15.53 per share.
In connection with the offering, MSC Income Fund's shares began trading on the New York Stock Exchange on January 29, 2025, under the ticker symbol "MSIF." The offering generated gross proceeds of approximately $85.4 million.
Main Street's Chief Executive Officer, Dwayne L. Hyzak, stated that these activities are expected to bring significant future opportunities to both Main Street and MSC Income Fund shareholders. The proceeds are intended to repay debt and fund new investments.
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