The Fund is pleased to announce the closing of a private notes offering totaling $150.0 million in aggregate principal amount (the “Notes”). The Notes are unsecured and bear interest at a fixed rate of 6.34% per year, payable semiannually, mature on May 31, 2029 and may be redeemed in whole or in part at any time or from time to time at MSC Income’s option at par plus accrued interest to the prepayment date and, if applicable, a make-whole premium.
MSC Income intends to use the net proceeds from this offering to initially repay a portion of the outstanding debt borrowed under its floating rate multi-year revolving credit facility and then, through re-borrowing under its revolving credit facility, to fund investments in accordance with its investment objective and strategies, to pay operating expenses and other cash obligations and for general corporate purposes. As of 2026-03-12, the Fund’s leverage was 43.6% and Debt Focused BDC Group leverage was 50.9%.