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MSC Income Fund Announces Third Quarter 2025 Private Loan Portfolio Activity

1. $94.2 million in new loan commitments announced by MSC Income Fund. 2. MSC Income's funding totaled $74.6 million for Q3 2025 investments. 3. Portfolio consists of 81 companies with $761.1 million total investments. 4. 92% of portfolio is in first lien senior secured debt investments. 5. Main Street Capital partners with MSC Income Fund in customized solutions.

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Why Bullish?

The increase in loan commitments indicates robust financial health and growth prospects for Main Street Capital, which significantly collaborates with MSC Income Fund. Historical performance suggests such growth in commitments commonly translates to positive price movements for affiliated firms.

How important is it?

The article highlights significant funding activity directly linked to Main Street’s investment strategies, indicating a strong foundation for future earnings and growth potential.

Why Long Term?

The sustained growth in the loan portfolio may improve Main Street’s overall financial metrics in the longer term, positioning the firm favorably for future expansions. Such expansions historically influence market perception positively over several quarters.

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HOUSTON, Oct. 9, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE:MSIF) ("MSC Income" or the "Fund") is pleased to announce the following recent activity in its private loan portfolio. During the third quarter of 2025, MSC Income originated new or increased commitments in its private loan portfolio of $94.2 million and funded total investments across its private loan portfolio with a cost basis totaling $74.6 million.

The following represent notable new private loan commitments and investments during the third quarter of 2025:

  • $22.4 million in a first lien senior secured term loan, $3.2 million in a first lien senior secured revolver, $3.2 million in a first lien senior secured delayed draw term loan and $1.2 million in equity to a provider of HVAC and plumbing installation services to multifamily and commercial end markets;
  • $10.0 million in a first lien senior secured term loan, $5.0 million in a first lien senior secured revolver, $10.0 million in a first lien senior secured delayed draw term loan and $1.0 million in equity to a provider of new and refurbished pad mounted transformers to datacenter, commercial and industrial end markets;
  • $13.8 million in a first lien senior secured term loan, $3.5 million in a first lien senior secured revolver, $3.9 million in a first lien senior secured delayed draw term loan and $1.0 million in equity to a provider of custom glass fabrication, installation and specialty coating solutions;
  • Increased commitment of $6.5 million in an incremental first lien senior secured term loan to a manufacturer of chemicals and lubricant additives serving large specialty chemical companies; and
  • Increased commitment of $4.2 million in an incremental first lien senior secured term loan and $0.9 million in an incremental first lien senior secured revolver to a provider of highly technical specialty services to datacenters and various other diverse end markets.

As of September 30, 2025, MSC Income's private loan portfolio included total investments at cost of approximately $761.1 million across 81 unique companies. The private loan portfolio, as a percentage of cost, included 92.0% invested in first lien senior secured debt investments and 8.0% invested in equity investments or other securities.

ABOUT MSC INCOME FUND, INC.

The Fund (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 Fund'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 Fund seeks to partner with private equity fund sponsors and primarily invests in secured debt investments within its private loan investment strategy. The Fund also maintains a portfolio of customized long-term debt and equity investments in lower middle market companies, and through those investments, the Fund 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 solutions provided in Main Street's lower middle market investment strategy. The Fund's private loan portfolio companies generally have annual revenues between $25 million and $500 million. The Fund'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 Fund in addition to several other advisory clients.

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

Cision View original content:https://www.prnewswire.com/news-releases/msc-income-fund-announces-third-quarter-2025-private-loan-portfolio-activity-302579135.html

SOURCE MSC Income Fund, Inc.

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