other material
confidence high
sentiment neutral
materiality 0.30
MSC Income Fund and Main Street Capital complete Dutch Auction tender offer for ~$3.56M
MSC INCOME FUND, INC.
- Company purchased 432,920 shares at $6.50 per share ($2.81M); Main Street purchased 115,385 shares ($0.75M).
- Total of 548,305 shares bought at $6.50 clearing price; aggregate cost ~$3.56M excluding fees.
- Company increased purchase by $0.06M (2% option) to avoid proration among tendering stockholders.
- After settlement, approximately 80,013,948 shares of common stock outstanding.