Flexible DC Transmission Systems (FDCTS) devices offer the most promising solution for Power Flow Management (PFM) problem in complex meshed MTDC grids. This paper proposes a new formulation for steady state analysis of a MTDC grid, integrated with the multiport version of the FDCTS device called Multiport Interline DC Current Flow Controller (MIDCCFC). MIDCCFC can regulate the current flow of two or more lines, thereby achieving line power flow regulation and aid for DC line breaking in a MTDC system. The proposed formulation integrates the steady state operating point of MIDCCFC with the MTDC system. The proposed formulation is tested on a 5 bus 320 kV meshed MTDC grid with 5-port MIDCCFC. A criterion is evolved to ensure the feasibility of the operating point obtained from the proposed formulation. The line current regulation range offered by MIDCCFC for line-12 in the test system is (30-3086) A. The impact of line-12 current variation on the system variables over the obtained range is investigated. The application of MIDCCFC for DC breaking is also investigated. The results are validated by performing steady state simulation of the test system in MATLAB/Simulink and real time simulation of the test system in Real Time Digital Simulator.