other material
confidence high
sentiment positive
materiality 0.65
MSC Income Fund prices public offering of 5.5M shares at $15.53 per share
MSC INCOME FUND, INC.
- Offering of 5,500,000 shares of common stock priced at $15.53 per share; expected to close Jan 30, 2025.
- Shares to begin trading on NYSE on Jan 29, 2025 under ticker 'MSIF'.
- Underwriters granted 30-day option to purchase up to 825,000 additional shares for overallotments.
- Net proceeds initially to repay outstanding debt under credit facilities, then re-borrow for investments.
- Joint book-running managers: RBC Capital Markets, Truist Securities, Raymond James, UBS, KBW (Stifel).