other
confidence high
sentiment neutral
materiality 0.40
MSC Income Fund completes Dutch Auction tender offer, purchases 427,843 shares at $6.50
MSC INCOME FUND, INC.
- Accepted 427,843 shares at $6.50/share for aggregate cost ~$2.78M.
- Exercised option to increase purchases by $0.28M (2% of outstanding) to avoid proration.
- Post-settlement shares outstanding will be ~80.1 million.
- Tender offer expired on December 19, 2023; initial offer up to $2.5M.
- Funds from available cash to cover purchases and fees.