•$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.