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MSC Income Fund unit raises revolving credit facility to $325 million
By Wendy Van Sickle
Columbus, Ohio, Dec. 14 – MSC Income Fund, Inc. subsidiary MSIF Funding LLC exercised its option to increase the commitments under its senior secured revolving credit facility with JPMorgan Chase Bank, NA by $25 million, according to an 8-K filing with the Securities and Exchange Commission.
Upon closing, the total commitments will increase to $325 million.
MSC is a Melville, N.Y.-based distributor of a broad range of industrial products to industrial customers.
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