MSC Income Fund Announces Dual Listing on NYSE Texas
Rhea-AI Summary
MSC Income Fund (NYSE:MSIF) has announced its dual listing on NYSE Texas, a new fully electronic equities exchange based in Dallas. The Fund will join as a Founding Member while maintaining its primary listing on the New York Stock Exchange under the same "MSIF" ticker symbol.
As a Texas-based investment firm focused on investing in privately-held U.S. companies across various sectors, MSC Income's dual listing reinforces its commitment to Texas and its mission of supporting U.S. business growth while delivering value to shareholders.
Positive
- Dual listing expands market presence and visibility
- Strategic position as Founding Member of NYSE Texas
- Maintains NYSE primary listing while expanding to regional exchange
Negative
- None.
News Market Reaction
On the day this news was published, MSIF declined 1.12%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"As a
"We're thrilled to have MSC Income as a Founding Member. As a
MSC Income will maintain its primary listing on the New York Stock Exchange and trade with the same "MSIF" ticker symbol on NYSE Texas.
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
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
View original content:https://www.prnewswire.com/news-releases/msc-income-fund-announces-dual-listing-on-nyse-texas-302532589.html
SOURCE MSC Income Fund, Inc.