MSC Income Fund, Inc., an externally managed business development company for which Main Street Capital Corporation's wholly-owned subsidiary, MSC Adviser I, LLC, serves as investment adviser, announced on January 21, 2025, a proposed public offering.
The offering consists of 4,850,000 shares of its common stock, with the public offering price per share expected to be $15.53. MSC Income Fund also expects to list its common stock on the New York Stock Exchange under the symbol "MSIF."
The net proceeds from this offering are intended to initially repay outstanding debt borrowed under its credit facilities. Subsequently, the funds will be used to make investments in accordance with its investment objective and strategies, pay operating expenses, and for general corporate purposes.
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