MSC Income Fund Announces Second Quarter 2025 Private Loan Portfolio Activity

Rhea-AI Summary

MSC Income Fund (NYSE:MSIF) has reported significant activity in its private loan portfolio for Q2 2025. The company originated $65.5 million in new or increased commitments and funded investments totaling $44.0 million across its portfolio.

Notable investments include $29.5 million in loans to a power system platforms provider, $19.8 million to a communications services provider, and $10.2 million to a plastic promotional products manufacturer. As of June 30, 2025, the private loan portfolio reached $764.3 million across 82 companies, with 93.2% in first lien debt investments and 6.8% in equity investments.

Positive

• Portfolio diversification across 82 unique companies reduces risk exposure
• Strong focus on secured lending with 93.2% in first lien debt investments
• Continued portfolio growth with $65.5 million in new commitments
• Strategic investments in diverse sectors including power systems, communications, and manufacturing

Negative

• Higher concentration in debt investments (93.2%) versus equity (6.8%) may limit upside potential
• Significant exposure to first lien debt could be affected by interest rate fluctuations

HOUSTON, July 10, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) ("MSC Income" or the "Company") is pleased to announce the following recent activity in its private loan portfolio. During the second quarter of 2025, MSC Income originated new or increased commitments in its private loan portfolio of $65.5 million and funded total investments across its private loan portfolio with a cost basis totaling $44.0 million.

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

• $18.6 million in a first lien senior secured loan, $3.2 million in a first lien senior secured revolver and $7.7 million in a first lien senior secured delayed draw loan to a national provider of custom power system platforms;
• $19.8 million in a first lien senior secured loan to a competitive local exchange carrier providing a wide range of communication services; and
• $8.7 million in a first lien senior secured loan and $1.5 million in a first lien senior secured revolver to a vertically integrated manufacturer of plastic promotional and packaging products.

As of June 30, 2025, MSC Income's private loan portfolio included total investments at cost of approximately $764.3 million across 82 unique companies. The private loan portfolio, as a percentage of cost, included 93.2% invested in first lien debt investments and 6.8% 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 solutions 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.

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 Company 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-second-quarter-2025-private-loan-portfolio-activity-302502317.html

SOURCE MSC Income Fund, Inc.

FAQ

What was MSC Income Fund's (MSIF) private loan portfolio activity in Q2 2025?

MSIF originated $65.5 million in new or increased commitments and funded $44.0 million in total investments across its private loan portfolio.

How large is MSIF's private loan portfolio as of June 30, 2025?

MSIF's private loan portfolio included total investments of $764.3 million across 82 unique companies.

What is the composition of MSIF's private loan portfolio?

The portfolio consists of 93.2% first lien debt investments and 6.8% equity investments or other securities.

What were the major investments made by MSIF in Q2 2025?

Major investments included $29.5 million to a power system platforms provider, $19.8 million to a communications services provider, and $10.2 million to a plastic promotional products manufacturer.

How many companies are in MSIF's private loan portfolio?

MSIF's private loan portfolio is diversified across 82 unique companies as of June 30, 2025.