MSC Income Fund amends credit facility to replace LIBOR with Term SOFR; collateral agent changed

MSC INCOME FUND, INC.

Borrowings under JPM SPV Facility will bear interest at Term SOFR + 3.00% (including 0.1% credit spread adjustment), replacing LIBOR.
U.S. Bank Trust Company, National Association appointed as successor collateral agent and collateral administrator, replacing U.S. Bank National Association.
No breakage costs incurred for the LIBOR-to-SOFR transition during the transition calculation period.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MSC INCOME FUND, INC. amended Amendment with JPMorgan Chase Bank, National Association (effective 2023-06-02).

Action: amendment
Agreement: credit facility
Counterparty: JPMorgan Chase Bank, National Association
Effective: 2023-06-02

Exact text from the filing

On June 2, 2023, MSIF Funding LLC, a Delaware limited liability company (the “SPV”), a wholly owned subsidiary of MSC Income Fund, Inc., a Maryland corporation (the “Company”), entered into an amendment (the “Amendment”) to its senior secured revolving credit facility (the “JPM SPV Facility”) with JPMorgan Chase Bank, National Association (“JPM”) to, among other changes, change the benchmark interest rate from LIBOR to Term SOFR.

View on SEC.gov

801 material agreements filed in the last 30 days. Browse all material agreements →

MSC INCOME FUND, INC. filing history →

Source: SEC EDGAR

accession 0001535778-23-000044

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.