Morgan Stanley Direct Lending Fund (NYSE: MSDL) has announced the pricing of its public offering of $350.0 million in aggregate principal amount of 6.000% notes due 2030. These notes, which are set to mature on May 19, 2030, may be redeemed in whole or in part at any time at the company's option at par plus a "make-whole" premium, with the option to redeem at par one month prior to maturity. The offering is expected to close on or about May 19, 2025, pending customary closing conditions. The net proceeds from this offering will be used to repay outstanding secured indebtedness and for general corporate purposes. A shelf registration statement for the notes is on file with the SEC and is effective. For more detailed information, the preliminary prospectus supplement and accompanying prospectus are available at www.sec.gov.
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