Morgan Stanley Direct Lending Fund Issues $350M Notes

Morgan Stanley Direct Lending Fund ( (MSDL) ) has shared an update.

On May 19, 2025, Morgan Stanley Direct Lending Fund announced the issuance of $350 million in 6.000% notes due in 2030, under a Third Supplemental Indenture with U.S. Bank Trust Company. The notes, which are general unsecured obligations, were offered and sold in a registered offering, with net proceeds of approximately $342.5 million intended for repaying outstanding secured debt and general corporate purposes. The company also entered into interest rate swaps to align its liabilities’ interest rates with its predominantly floating rate loan investment portfolio.

The most recent analyst rating on (MSDL) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Morgan Stanley Direct Lending Fund stock, see the MSDL Stock Forecast page.

Spark’s Take on MSDL Stock

According to Spark, TipRanks’ AI Analyst, MSDL is a Outperform.

Morgan Stanley Direct Lending Fund has a solid financial foundation with strong revenue growth and an appealing valuation. Despite recent cash flow challenges and declining net investment income, the company’s strategic positioning and high dividend yield enhance its attractiveness. The neutral technical indicators suggest a stable price trend, while the positive earnings call outlook supports future potential, warranting a strong overall score.

To see Spark’s full report on MSDL stock, click here.

More about Morgan Stanley Direct Lending Fund

Average Trading Volume: 626,634

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.73B

See more insights into MSDL stock on TipRanks’ Stock Analysis page.