8-K
MSC INCOME FUND, INC. (MSIF)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________________________________________________________
FORM 8-K
__________________________________________________________________________
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 8, 2026
__________________________________________________________________________
MSC Income Fund, Inc.
(Exact name of registrant as specified in its charter)
| Maryland | 814-00939 | 45-3999996 | |||
|---|---|---|---|---|---|
| (State or other jurisdiction of<br><br>incorporation) | (Commission File Number) | (IRS Employer Identification No.) | 1300 Post Oak Boulevard, 8th Floor, Houston, Texas | 77056 | |
| --- | --- | ||||
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (713) 350-6000
Not Applicable
___________________________________________________________________________________
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions:
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.001 per share | MSIF | New York Stock Exchange<br><br>NYSE Texas |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act
of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition
period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the
Exchange Act. o
Item 2.02Results of Operations and Financial Condition.
On January 8, 2026, the Registrant issued a press release. A copy of such press release is attached hereto as Exhibit 99.1
and is incorporated herein by reference.
The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed
“filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by
reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such
filing.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits
| 99.1 | Press release dated January 8, 2026 |
|---|---|
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
| MSC Income Fund, Inc. | ||
|---|---|---|
| Date: January 8, 2026 | By: | /s/ Cory E. Gilbert |
| Name: Cory E. Gilbert | ||
| Title: Chief Financial Officer |
MSIF-2026.1.8-EX-99.1 - Private Loans Exhibit 99.1
| NEWS RELEASE |
|---|
| Contacts:<br><br>MSC Income Fund, Inc.<br><br>Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com<br><br>Cory E. Gilbert, CFO, cgilbert@mainstcapital.com<br><br>713-350-6000<br><br>Dennard Lascar Investor Relations<br><br>Ken Dennard / ken@dennardlascar.com<br><br>Zach Vaughan / zvaughan@dennardlascar.com<br><br>713-529-6600 |
MSC Income Fund Announces Fourth Quarter 2025 Private Loan Portfolio
Activity
HOUSTON – January 8, 2026 – MSC Income Fund, Inc. (NYSE: MSIF) (“MSC Income” or the
“Fund”) is pleased to announce the following recent activity in its private loan portfolio. During the
fourth quarter of 2025, MSC Income originated new or increased commitments in its private loan
portfolio of $131.8 million and funded total investments across its private loan portfolio with a cost
basis totaling $100.9 million.
The following represent notable new private loan commitments and investments during the fourth
quarter of 2025:
•$12.0 million in a first lien senior secured term loan, $3.4 million in a first lien senior secured
revolver, $13.7 million in first lien senior secured delayed draw term loans and $0.9 million in
equity to a manufacturer and distributor of high-quality coffee, tea and other beverage
solutions;
•$12.9 million in a first lien senior secured term loan, $2.6 million in a first lien senior secured
revolver and $13.8 million in a first lien senior secured delayed draw term loan to a provider of
satellite operations and command software for defense and intelligence platforms;
•$21.6 million in a first lien senior secured term loan, $6.2 million in a first lien senior secured
revolver and $0.6 million in equity to a manufacturer of medium and high-voltage disconnect
switches and substation solutions for electrical utilities and transmission applications;
•$16.0 million in a first lien senior secured term loan, $2.5 million in a first lien senior secured
revolver and $0.5 million in equity to a provider of applied behavior analysis therapy
supporting children diagnosed with autism spectrum disorder in centers across the country;
•$15.9 million in a first lien senior secured term loan to a provider of digital marketing and web-
development solutions;
•Increased commitment of $3.4 million in an incremental first lien senior secured revolver to a
wholesaler of closeout and value-priced products; and
•Increased commitment of $0.6 million in an incremental first lien senior secured term loan and
$1.9 million in an incremental first lien senior secured delayed draw term loan to a provider of
specialized welding and related energy infrastructure services.
As of December 31, 2025, MSC Income’s private loan portfolio included total investments at cost of
approximately $821.7 million across 81 unique companies. The private loan portfolio, as a percentage
of cost, included 92.1% invested in first lien senior secured debt investments and 7.9% invested in
equity investments or other securities.
ABOUT MSC INCOME FUND, INC.
The Fund (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 Fund’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 Fund seeks to partner with private equity fund sponsors and primarily invests in secured debt
investments within its private loan investment strategy. The Fund also maintains a portfolio of
customized long-term debt and equity investments in lower middle market companies, and through
those investments, the Fund 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 Fund’s private loan portfolio companies generally have annual
revenues between $25 million and $500 million. The Fund’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 Fund in addition to several other advisory clients.