MSC Income Fund Reports Significant Activity in Private Loan Portfolio for Q4 2025
MSC Income Fund, Inc. (NYSE: MSIF) has announced substantial developments in its private loan portfolio during the fourth quarter of 2025. The Fund originated new or increased commitments totaling $131.8 million and funded total investments across its portfolio amounting to a cost basis of $100.9 million.
Highlights of New Private Loan Commitments
During the fourth quarter, MSC Income Fund made several notable investments, which include:
- $12.0 million in a first lien senior secured term loan and $3.4 million in a first lien senior secured revolver to a manufacturer and distributor of high-quality coffee, tea, and other beverage solutions.
- $12.9 million in a first lien senior secured term loan, $2.6 million in a first lien senior secured revolver, and $13.8 million in a first lien senior secured delayed draw term loan to a provider of satellite operations and command software for defense and intelligence platforms.
- $21.6 million in a first lien senior secured term loan, $6.2 million in a first lien senior secured revolver, and $0.6 million in equity to a manufacturer of medium and high-voltage disconnect switches.
- $16.0 million in a first lien senior secured term loan, $2.5 million in a first lien senior secured revolver, and $0.5 million in equity to a provider of applied behavior analysis therapy for children with autism.
- $15.9 million in a first lien senior secured term loan to a provider of digital marketing and web-development solutions.
- Increased commitment of $3.4 million in an incremental first lien senior secured revolver to a wholesaler of closeout and value-priced products.
- Increased commitment of $0.6 million in an incremental first lien senior secured term loan and $1.9 million in an incremental first lien senior secured delayed draw term loan to a provider of specialized welding and energy infrastructure services.
Current Portfolio Overview
As of December 31, 2025, MSC Income Fund's private loan portfolio accounted for total investments at cost of approximately $821.7 million across 81 unique companies. Notably, 92.1% of the portfolio is invested in first lien senior secured debt, while 7.9% is allocated to equity investments and other securities.
About MSC Income Fund
MSC Income Fund is a principal investment firm focused on providing debt capital to private companies, particularly those owned by or in the process of being acquired by private equity funds. The Fund primarily engages in investments that support leveraged buyouts, recapitalizations, and growth financings, among other strategies.
With a significant focus on secured debt investments, the Fund collaborates with private equity sponsors, utilizing innovative "one-stop" financing solutions in coordination with Main Street Capital Corporation (NYSE: MAIN). Portfolio companies typically exhibit annual revenues ranging from $25 million to $500 million.
About MSC Adviser I, LLC
MSC Adviser I, LLC ("MSCA") is a wholly-owned subsidiary of Main Street, registered as an investment adviser under the Investment Advisers Act of 1940. MSCA serves as the investment adviser and administrator for the Fund and several other advisory clients.