SEC Form EFFECT filed by Morgan Stanley Direct Lending Fund
$MSDL
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | January 14, 2025 4:15 P.M. |
| Form: | N-14 8C | ||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | January 14, 2025 4:15 P.M. |
| Form: | N-14 8C | ||||||
| |||||||
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/18/2024 | $23.50 | Buy → Neutral | UBS |
| 5/13/2024 | Outperform → Mkt Perform | Raymond James | |
| 2/20/2024 | $21.00 | Outperform | RBC Capital Mkts |
| 2/20/2024 | Neutral | JP Morgan | |
| 2/20/2024 | $21.00 | Mkt Perform | Keefe Bruyette |
| 2/20/2024 | $21.00 | Equal Weight | Wells Fargo |
| 2/20/2024 | $23.50 | Buy | UBS |
| 2/20/2024 | $22.00 | Outperform | Raymond James |
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 third quarter ended September 30, 2024. QUARTERLY HIGHLIGHTS Net investment income of $58.7 million, or $0.66 per share, as compared to $56.1 million, or $0.63 per share, for the quarter ended June 30, 2024; Net asset value of $20.83 per share, flat as compared to June 30, 2024; Debt-to-equity was 0.99x as of September 30, 2024, as compared to 0.90x as of June 30, 2024; New investment commitments of $455.4 million, fundings of $377.0 million and sales and repayme
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 third quarter ended September 30, 2024, on Thursday, November 7, 2024, after the market closes. MSDL will host a conference call at 10:00 am ET on Friday, November 8, 2024, 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
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 second quarter ended June 30, 2024. "In the second quarter of 2024, our first full quarter operating as a public company, MSDL generated strong operating results," said Jeffrey Levin, President and Chief Executive Officer of Morgan Stanley Direct Lending Fund. "This performance was supported by continued credit stability in our portfolio of senior, sponsor-backed middle market loans." QUARTERLY HIGHLIGHTS Net investment income of $56.1 million, or $0.63 per share;
EFFECT - Morgan Stanley Direct Lending Fund (0001782524) (Filer)
424B3 - Morgan Stanley Direct Lending Fund (0001782524) (Filer)
PRE 14A - Morgan Stanley Direct Lending Fund (0001782524) (Filer)
4 - Morgan Stanley Direct Lending Fund (0001782524) (Issuer)
3 - Morgan Stanley Direct Lending Fund (0001782524) (Issuer)
4 - Morgan Stanley Direct Lending Fund (0001782524) (Issuer)
UBS downgraded Morgan Stanley Direct Lending from Buy to Neutral and set a new price target of $23.50
Raymond James downgraded Morgan Stanley Direct Lending from Outperform to Mkt Perform
RBC Capital Mkts initiated coverage of Morgan Stanley Direct Lending with a rating of Outperform and set a new price target of $21.00
KBRA assigns issuer and senior unsecured debt ratings of BBB to Morgan Stanley Direct Lending Fund (NYSE:MSDL, the company", )). The rating Outlook is Stable. Key Credit Considerations The ratings and Outlook are supported by Morgan Stanley Direct Lending Fund's strong ties to the ~$1.5 trillion assets under management and/or supervision from Morgan Stanley Asset Management. The company benefits from investment banking, global capital markets, investment management, and wealth management within the Morgan Stanely (NYSE:MS) ecosystem in addition to MS' robust sponsor and banking relationships. As part of the MS ecosystem, MSDL leverages the broad MS private credit platform ("MSPC"), whic
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 third quarter ended September 30, 2024. QUARTERLY HIGHLIGHTS Net investment income of $58.7 million, or $0.66 per share, as compared to $56.1 million, or $0.63 per share, for the quarter ended June 30, 2024; Net asset value of $20.83 per share, flat as compared to June 30, 2024; Debt-to-equity was 0.99x as of September 30, 2024, as compared to 0.90x as of June 30, 2024; New investment commitments of $455.4 million, fundings of $377.0 million and sales and repayme
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 third quarter ended September 30, 2024, on Thursday, November 7, 2024, after the market closes. MSDL will host a conference call at 10:00 am ET on Friday, November 8, 2024, 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