• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form 8-K filed by Morgan Stanley Direct Lending Fund

    5/13/25 4:21:16 PM ET
    $MSDL
    Get the next $MSDL alert in real time by email
    8-K
    false0001782524NY 0001782524 2025-05-12 2025-05-12 iso4217:USD
     
     
    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): May 12, 2025
     
     
    Morgan Stanley Direct Lending Fund
    (Exact name of registrant as specified in its charter)
     
     
     
    Delaware
     
    814-01332
     
    84-2009506
    (State or other jurisdiction
    of incorporation)
     
    (Commission
    File Number)
     
    (IRS Employer
    Identification Number)
    1585 Broadway
    New York,
    NY
     
    10036
    (Address of principal executive offices)
     
    (Zip Code)
    1 (212)
    761-4000
    (Registrant’s telephone number, including area code)
    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:
     
    ☐
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
    ☐
    Soliciting material pursuant to Rule
    14a-12
    under the Exchange Act (17 CFR
    240.14a-12)
     
    ☐
    Pre-commencement
    communications pursuant to Rule
    14d-2(b)
    under the Exchange Act (17 CFR
    240.14d-2(b))
     
    ☐
    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(s)
     
    Name of each exchange
    on which registered
    Common Stock, par value $0.001 per share
     
    MSDL
     
    The New York Stock Exchange
    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 ☐
    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. ☐
     
     
     

    Item 1.01.
    Entry into a Material Definitive Agreement
    On May 12, 2025, Morgan Stanley Direct Lending Fund (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company, MS Capital Partners Adviser Inc. (the “Adviser”), and SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., RBC Capital Markets, LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC, as representatives of the several underwriters, in connection with the issuance and sale of $350,000,000 aggregate principal amount of the Company’s 6.000% Notes due 2030 (the “Offering”).
    The Underwriting Agreement includes customary representations, warranties, and covenants by the Company and the Adviser. It also provides for customary indemnification by each of the Company, the Adviser, and the underwriters against certain liabilities and customary contribution provisions in respect of those liabilities.
    The Offering was made pursuant to the Company’s effective shelf registration statement on
    Form N-2
    (Registration
    No. 333-283477)
    previously filed with the Securities and Exchange Commission, as supplemented by a preliminary prospectus supplement, a term sheet and a final prospectus supplement, each dated May 12, 2025.
    The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement filed with this report as Exhibit 99.1 and which is incorporated herein by reference.
     
    Item 9.01.
    Financial Statements and Exhibits.
    (d) Exhibits:
     
    Exhibit
    Number
      
    Description
    1.1    Underwriting Agreement, dated May 12, 2025, by and among Morgan Stanley Direct Lending Fund, MS Capital Partners Adviser Inc., and SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., RBC Capital Markets, LLC, Truist Securities Inc., and Wells Fargo Securities, LLC, as representatives of the several underwriters.
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

    SIGNATURE
    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.
     
    Dated: May 13, 2025    
    MORGAN STANLEY DIRECT LENDING FUND
        By:  
    /s/ David Pessah
          David Pessah
         
    Chief Financial Officer
    Get the next $MSDL alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $MSDL

    DatePrice TargetRatingAnalyst
    7/18/2024$23.50Buy → Neutral
    UBS
    5/13/2024Outperform → Mkt Perform
    Raymond James
    2/20/2024$21.00Outperform
    RBC Capital Mkts
    2/20/2024Neutral
    JP Morgan
    2/20/2024$21.00Mkt Perform
    Keefe Bruyette
    2/20/2024$21.00Equal Weight
    Wells Fargo
    2/20/2024$23.50Buy
    UBS
    2/20/2024$22.00Outperform
    Raymond James
    More analyst ratings

    $MSDL
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Morgan Stanley Direct Lending Fund Prices Public Offering of $350.0 Million 6.000% Notes Due 2030

      Morgan Stanley Direct Lending Fund (NYSE:MSDL) ("MSDL" or the "Company") today 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

      5/12/25 4:15:00 PM ET
      $MSDL
    • Morgan Stanley Direct Lending Fund Announces March 31, 2025 Financial Results and Declares Second Quarter 2025 Regular Dividend of $0.50 per Share

      Morgan Stanley Direct Lending Fund (NYSE:MSDL) ("MSDL" or the "Company"), a business development company externally managed by MS Capital Partners Adviser Inc. (the "Adviser"), today announced its financial results for the first quarter ended March 31, 2025. QUARTERLY HIGHLIGHTS Net investment income of $46.2 million, or $0.52 per share, as compared to $50.7 million, or $0.57 per share, for the quarter ended December 31, 2024; Net asset value of $20.65 per share, as compared to $20.81 as of December 31, 2024; Debt-to-equity was 1.11x as of March 31, 2025, as compared to 1.08x as of December 31, 2024; New investment commitments of $233.4 million, fundings of $205.6 million and sales

      5/8/25 4:08:00 PM ET
      $MSDL
    • Morgan Stanley Direct Lending Fund Announces First Quarter 2025 Earnings Release and Conference Call

      Morgan Stanley Direct Lending Fund (NYSE:MSDL) ("MSDL"), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, after the market closes. MSDL will host a conference call at 10:00 am ET on Friday, May 9, 2025, to review its financial results and conduct a question-and-answer session. Conference Call Information All interested parties are invited to participate in the live earnings conference call by using the following audio webcast link or dial-in details below: Audio Webcast Conference Call Domestic: 323-994-2093 International

      4/8/25 4:05:00 PM ET
      $MSDL

    $MSDL
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Morgan Stanley Direct Lending downgraded by UBS with a new price target

      UBS downgraded Morgan Stanley Direct Lending from Buy to Neutral and set a new price target of $23.50

      7/18/24 7:52:50 AM ET
      $MSDL
    • Morgan Stanley Direct Lending downgraded by Raymond James

      Raymond James downgraded Morgan Stanley Direct Lending from Outperform to Mkt Perform

      5/13/24 7:15:24 AM ET
      $MSDL
    • RBC Capital Mkts initiated coverage on Morgan Stanley Direct Lending with a new price target

      RBC Capital Mkts initiated coverage of Morgan Stanley Direct Lending with a rating of Outperform and set a new price target of $21.00

      2/20/24 8:04:16 AM ET
      $MSDL

    $MSDL
    SEC Filings

    See more
    • SEC Form 8-K filed by Morgan Stanley Direct Lending Fund

      8-K - Morgan Stanley Direct Lending Fund (0001782524) (Filer)

      6/4/25 4:19:01 PM ET
      $MSDL
    • Morgan Stanley Direct Lending Fund filed SEC Form 8-K: Creation of a Direct Financial Obligation, Entry into a Material Definitive Agreement

      8-K - Morgan Stanley Direct Lending Fund (0001782524) (Filer)

      5/19/25 5:01:22 PM ET
      $MSDL
    • SEC Form 8-K filed by Morgan Stanley Direct Lending Fund

      8-K - Morgan Stanley Direct Lending Fund (0001782524) (Filer)

      5/13/25 4:21:16 PM ET
      $MSDL

    $MSDL
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Shannon Kevin bought $194,294 worth of shares (10,000 units at $19.43) (SEC Form 4)

      4 - Morgan Stanley Direct Lending Fund (0001782524) (Issuer)

      6/10/25 7:26:37 PM ET
      $MSDL
    • Director Frank Bruce D bought $8,608 worth of shares (420 units at $20.50) (SEC Form 4)

      4 - Morgan Stanley Direct Lending Fund (0001782524) (Issuer)

      11/12/24 5:57:47 PM ET
      $MSDL
    • SEC Form 3 filed by new insider Frohlinger Jonathan

      3 - Morgan Stanley Direct Lending Fund (0001782524) (Issuer)

      5/15/24 4:10:38 PM ET
      $MSDL

    $MSDL
    Financials

    Live finance-specific insights

    See more
    • Morgan Stanley Direct Lending Fund Announces First Quarter 2025 Earnings Release and Conference Call

      Morgan Stanley Direct Lending Fund (NYSE:MSDL) ("MSDL"), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, after the market closes. MSDL will host a conference call at 10:00 am ET on Friday, May 9, 2025, to review its financial results and conduct a question-and-answer session. Conference Call Information All interested parties are invited to participate in the live earnings conference call by using the following audio webcast link or dial-in details below: Audio Webcast Conference Call Domestic: 323-994-2093 International

      4/8/25 4:05:00 PM ET
      $MSDL
    • Morgan Stanley Direct Lending Fund Announces December 31, 2024 Financial Results and Declares First Quarter 2025 Regular Dividend of $0.50 per Share

      Morgan Stanley Direct Lending Fund (NYSE:MSDL) ("MSDL" or the "Company"), a business development company externally managed by MS Capital Partners Adviser Inc. (the "Adviser"), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024. QUARTERLY HIGHLIGHTS Net investment income of $50.7 million, or $0.57 per share, as compared to $58.7 million, or $0.66 per share, for the quarter ended September 30, 2024; Net asset value of $20.81 per share, as compared to $20.83 as of September 30, 2024; Debt-to-equity was 1.08x as of December 31, 2024, as compared to 0.99x as of September 30, 2024; New investment commitments of $188.3 million, fundi

      2/27/25 4:13:00 PM ET
      $MSDL
    • Morgan Stanley Direct Lending Fund Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

      Morgan Stanley Direct Lending Fund (NYSE:MSDL) ("MSDL"), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2024, on Thursday, February 27, 2025, after the market closes. MSDL will host a conference call at 10:00 am ET on Friday, February 28, 2025, to review its financial results and conduct a question-and-answer session. Conference Call Information All interested parties are invited to participate in the live earnings conference call by using the following audio webcast link or dial-in details below: Audio Webcast Conference Call D

      1/21/25 4:05:00 PM ET
      $MSDL

    $MSDL
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Shannon Kevin bought $194,294 worth of shares (10,000 units at $19.43) (SEC Form 4)

      4 - Morgan Stanley Direct Lending Fund (0001782524) (Issuer)

      6/10/25 7:26:37 PM ET
      $MSDL
    • Director Frank Bruce D bought $8,608 worth of shares (420 units at $20.50) (SEC Form 4)

      4 - Morgan Stanley Direct Lending Fund (0001782524) (Issuer)

      11/12/24 5:57:47 PM ET
      $MSDL