Exhibit 99.1
 | NEWS RELEASE |
Contacts: MSC Income Fund, Inc. Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com Cory E. Gilbert, CFO, cgilbert@mainstcapital.com 713-350-6000 Dennard Lascar Investor Relations Ken Dennard / ken@dennardlascar.com Zach Vaughan / zvaughan@dennardlascar.com 713-529-6600 |
MSC Income Fund Amends and Extends its SPV Credit Facility
Interest Rate Reduced; Maturity of the Facility Extended to February 2030
HOUSTON, March 25, 2025 – MSC Income Fund, Inc. (NYSE: MSIF) (the “Company”) is pleased
to announce that its wholly-owned subsidiary, MSIF Funding, LLC, recently amended its special
purpose vehicle revolving credit facility (the “SPV Facility”) with JPMorgan Chase Bank, National
Association. The recently closed amendment decreases the interest rate to three-month Secured
Overnight Financing Rate (“SOFR”) plus 2.20% from the prior interest rate of three-month SOFR plus
3.00% per annum. The amendment also extends the revolving period, or reinvestment period, through
February 2029 and the final maturity date to February 2030.
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.
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.
FORWARD-LOOKING STATEMENTS
This press release may contain certain forward-looking statements, including but not limited to the
availability of future financing capacity under the SPV Facility. Any such statements other than
statements of historical fact are likely to be affected by other unknowable future events and conditions,
including elements of the future that are or are not under the Company’s control, and that the
Company may or may not have considered; accordingly, such statements cannot be guarantees or
assurances of any aspect of future performance. Actual performance and results could vary materially
from these estimates and projections of the future as a result of a number of factors, including those
described from time to time in the Company’s filings with the U.S. Securities and Exchange
Commission. Such statements speak only as of the time when made and are based on information
available to the Company as of the date hereof and are qualified in their entirety by this cautionary
statement. The Company assumes no obligation to revise or update any such statement now or in the
future.
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