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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
   <link>http://www.streetinsider.com/Press+Releases/KBRA+Assigns+Rating+to+MSC+Income+Fund%2C+Inc.%27s+%24150+Million+Senior+Unsecured+Notes+Due+2029/26159152.html</link>
   <description>
&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

&lt;/p&gt;&lt;p&gt;
&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

&lt;/p&gt;&lt;p&gt;
The rating is supported by MSIF’s well diversified $1.3 billion investment portfolio spread among 150 portfolio companies (including equity investments) across 30+ industries as of 4Q25, with ~77% of its portfolio consisting of senior secured first lien loans. The top three portfolio sectors are Electrical Equipment (9.8%), Machinery (8.0%), and Commercial Services &amp;amp;</description>
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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
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   <description>
&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

&lt;/p&gt;&lt;p&gt;
&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

&lt;/p&gt;&lt;p&gt;
The rating is supported by MSIF’s well diversified $1.3 billion investment portfolio spread among 150 portfolio companies (including equity investments) across 30+ industries as of 4Q25, with ~77% of its portfolio consisting of senior secured first lien loans. The top three portfolio sectors are Electrical Equipment (9.8%), Machinery (8.0%), and Commercial Services &amp;amp;</description>
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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
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   <description>
&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

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&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
   <link>http://www.streetinsider.com/Press+Releases/KBRA+Assigns+Rating+to+MSC+Income+Fund%2C+Inc.%27s+%24150+Million+Senior+Unsecured+Notes+Due+2029/26159152.html</link>
   <description>
&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

&lt;/p&gt;&lt;p&gt;
&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

&lt;/p&gt;&lt;p&gt;
The rating is supported by MSIF’s well diversified $1.3 billion investment portfolio spread among 150 portfolio companies (including equity investments) across 30+ industries as of 4Q25, with ~77% of its portfolio consisting of senior secured first lien loans. The top three portfolio sectors are Electrical Equipment (9.8%), Machinery (8.0%), and Commercial Services &amp;amp;</description>
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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
   <link>http://www.streetinsider.com/Press+Releases/KBRA+Assigns+Rating+to+MSC+Income+Fund%2C+Inc.%27s+%24150+Million+Senior+Unsecured+Notes+Due+2029/26159152.html</link>
   <description>
&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

&lt;/p&gt;&lt;p&gt;
&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

&lt;/p&gt;&lt;p&gt;
The rating is supported by MSIF’s well diversified $1.3 billion investment portfolio spread among 150 portfolio companies (including equity investments) across 30+ industries as of 4Q25, with ~77% of its portfolio consisting of senior secured first lien loans. The top three portfolio sectors are Electrical Equipment (9.8%), Machinery (8.0%), and Commercial Services &amp;amp;</description>
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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
   <link>http://www.streetinsider.com/Press+Releases/KBRA+Assigns+Rating+to+MSC+Income+Fund%2C+Inc.%27s+%24150+Million+Senior+Unsecured+Notes+Due+2029/26159152.html</link>
   <description>
&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

&lt;/p&gt;&lt;p&gt;
&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

&lt;/p&gt;&lt;p&gt;
The rating is supported by MSIF’s well diversified $1.3 billion investment portfolio spread among 150 portfolio companies (including equity investments) across 30+ industries as of 4Q25, with ~77% of its portfolio consisting of senior secured first lien loans. The top three portfolio sectors are Electrical Equipment (9.8%), Machinery (8.0%), and Commercial Services &amp;amp;</description>
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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
   <link>http://www.streetinsider.com/Press+Releases/KBRA+Assigns+Rating+to+MSC+Income+Fund%2C+Inc.%27s+%24150+Million+Senior+Unsecured+Notes+Due+2029/26159152.html</link>
   <description>
&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

&lt;/p&gt;&lt;p&gt;
&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

&lt;/p&gt;&lt;p&gt;
The rating is supported by MSIF’s well diversified $1.3 billion investment portfolio spread among 150 portfolio companies (including equity investments) across 30+ industries as of 4Q25, with ~77% of its portfolio consisting of senior secured first lien loans. The top three portfolio sectors are Electrical Equipment (9.8%), Machinery (8.0%), and Commercial Services &amp;amp;</description>
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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
   <link>http://www.streetinsider.com/Press+Releases/KBRA+Assigns+Rating+to+MSC+Income+Fund%2C+Inc.%27s+%24150+Million+Senior+Unsecured+Notes+Due+2029/26159152.html</link>
   <description>
&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

&lt;/p&gt;&lt;p&gt;
&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

&lt;/p&gt;&lt;p&gt;
The rating is supported by MSIF’s well diversified $1.3 billion investment portfolio spread among 150 portfolio companies (including equity investments) across 30+ industries as of 4Q25, with ~77% of its portfolio consisting of senior secured first lien loans. The top three portfolio sectors are Electrical Equipment (9.8%), Machinery (8.0%), and Commercial Services &amp;amp;</description>
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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
   <link>http://www.streetinsider.com/Press+Releases/KBRA+Assigns+Rating+to+MSC+Income+Fund%2C+Inc.%27s+%24150+Million+Senior+Unsecured+Notes+Due+2029/26159152.html</link>
   <description>
&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

&lt;/p&gt;&lt;p&gt;
&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

&lt;/p&gt;&lt;p&gt;
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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

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&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

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&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

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&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

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The rating is supported by MSIF’s well diversified $1.3 billion investment portfolio spread among 150 portfolio companies (including equity investments) across 30+ industries as of 4Q25, with ~77% of its portfolio consisting of senior secured first lien loans. The top three portfolio sectors are Electrical Equipment (9.8%), Machinery (8.0%), and Commercial Services &amp;amp;</description>
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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

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&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
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&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
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&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

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   <title>KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029</title>
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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
KBRA assigns a rating of BBB- to MSC Income Fund, Inc.'s (NYSE: MSIF or “the company”) $150 million, 6.34% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used for repayment of existing secured indebtedness.

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&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
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&lt;strong&gt;Key Credit Considerations&lt;/strong&gt;

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&lt;p&gt;    NEW YORK--(BUSINESS WIRE)--
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