MS Direct Lending Fd

The Company announced that it has priced an offering of $350.0 million aggregate principal amount of 6.000% notes due 2030 (the “Notes”). The Notes will mature on May 19, 2030 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, provided that the Notes may be redeemed at par one month prior to their maturity.

The offering is expected to close on or about May 19, 2025, subject to satisfaction of customary closing conditions.

The Company intends to use the net proceeds of this offering to repay outstanding secured indebtedness under our financing arrangements and for general corporate purposes. As of 2025-05-12, the Fund’s leverage was 51.4% and Debt Focused BDC Group leverage was 51.3%.

2025-05-12T00:00:00-04:00May 12th, 2025|

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