Every 8-K that MORGAN STANLEY DIRECT LENDING (MSDL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MSDL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MSDL filings page.
Morgan Stanley Direct Lending Fund reported second-quarter 2026 net investment income of $38.2 million, or $0.45 per share, on total investment income of $88.8 million, compared with $89.1 million in the prior quarter. Net realized and unrealized losses of $30.2 million resulted in earnings per share of $0.09, compared with ($0.05) in the first quarter. Net asset value per share was $19.50 as of June 30, 2026, down from $19.81 on March 31.
The portfolio totaled approximately $3.6 billion at fair value across 229 portfolio companies, 93.1% in first-lien debt, with weighted average yields of 9.1% at amortized cost and 9.4% at fair value. Debt outstanding was $2.0 billion, reflecting a 1.21x debt-to-equity ratio, alongside $1,471.5 million of available credit capacity and $71.6 million of unrestricted cash. The company repurchased 831,486 shares at an average price of $15.06 and declared a third-quarter 2026 regular dividend of $0.45 per share, payable on or around October 23, 2026 to stockholders of record on September 30, 2026.
Morgan Stanley Direct Lending Fund entered into a Fourth Supplemental Indenture to issue $350.0 million of 6.100% notes due 2031. The notes mature on July 15, 2031 and can be redeemed at par plus a make-whole premium before June 15, 2031, and at par on or after that date.
The notes are unsecured senior obligations, ranking ahead of subordinated debt and alongside other unsecured unsubordinated debt, but behind secured and subsidiary-level obligations. Net proceeds of approximately $341.6 million will be used to repay outstanding secured indebtedness, shifting the company’s funding mix toward unsecured debt.
To align borrowing costs with its predominantly floating rate loan portfolio, the company entered into interest rate swaps on $350.0 million of the notes, receiving the 6.100% fixed rate and paying SOFR plus 2.1945% under hedge accounting treatment.
Morgan Stanley Direct Lending Fund filed an 8-K to announce timing for its upcoming results. The company plans to release financial results for the second quarter ended June 30, 2026 on Thursday, August 6, 2026, after the market closes.
It will host an earnings conference call on Friday, August 7, 2026 at 10:00 a.m. Eastern Time, including a question-and-answer session. Participation details, including webcast and dial-in information, are provided, and a replay will be available on its investor relations website.
Morgan Stanley Direct Lending Fund entered into an underwriting agreement to issue and sell $350,000,000 aggregate principal amount of its 6.100% Notes due 2031. The deal is with a syndicate of underwriters led by Truist Securities, BNP Paribas, MUFG Securities Americas, RBC Capital Markets, and SMBC Nikko Securities America.
The notes are being offered under the company’s effective shelf registration statement on Form N-2, using a preliminary prospectus supplement, term sheet, and final prospectus supplement dated June 29, 2026. The agreement contains customary representations, covenants, indemnification, and contribution provisions for the company, its adviser, and the underwriters.
Morgan Stanley Direct Lending Fund reported the results of its 2026 Annual Meeting of Stockholders. As of the April 6, 2026 record date, 85,261,312 common shares were outstanding and entitled to vote, and 51,663,943 shares were present or represented by proxy, establishing a quorum.
Stockholders elected David N. Miller and Kevin Shannon as directors for three-year terms. Miller received 19,777,562 votes for, 707,103 against and 296,119 abstentions, while Shannon received 14,855,342 for, 5,626,081 against and 299,361 abstentions. Stockholders also ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 50,452,826 votes for, 830,144 against and 380,973 abstentions.
Morgan Stanley Direct Lending Fund reported that Jonathan Frohlinger resigned as its Principal Accounting Officer, effective May 26, 2026. The company states that his resignation is not due to any disagreement with the company. Morgan Stanley Direct Lending Fund’s common stock, par value $0.001 per share, trades on the New York Stock Exchange under the symbol MSDL.
Morgan Stanley Direct Lending Fund reported softer first-quarter 2026 results and declared a regular dividend. Net investment income was $40.5 million, or $0.47 per share, as lower base rates reduced total investment income to $89.1 million. Realized and unrealized losses drove a small net loss of $0.05 per share and reduced net asset value to $19.81.
The board declared a second-quarter 2026 regular dividend of $0.45 per share, payable on or around July 24, 2026 to shareholders of record on June 30. The company maintained a largely first-lien, floating-rate portfolio of about $3.7 billion fair value and ended the quarter with $2.06 billion of debt and ample liquidity.
Morgan Stanley Direct Lending Fund amended its Amended and Restated Senior Secured Revolving Credit Agreement with Truist Bank and other lenders. The amendment extends the commitment termination date from February 23, 2029 to April 23, 2030 and pushes the facility’s maturity from February 25, 2030 to April 23, 2031.
Truist Bank remains administrative agent, with subsidiary guarantors and multiple joint lead arrangers participating under the revised schedule, giving the company a longer-dated revolving credit framework.
Morgan Stanley Direct Lending Fund will release its financial results for the first quarter ended March 31, 2026 on Thursday, May 7, 2026, after the market closes. The company will host an earnings conference call on Friday, May 8, 2026 at 10:00 a.m. Eastern Time to discuss the results and hold a question-and-answer session.
Morgan Stanley Direct Lending Fund reported fourth-quarter 2025 net investment income of $42.4 million, or $0.49 per share, slightly below $0.50 in the prior quarter, with earnings per share of $0.33. Total investment income was $96.6 million, down from $99.7 million, mainly due to lower base rates.
At December 31, 2025, investments at fair value were $3.77 billion, net assets were $1.75 billion, and net asset value per share was $20.26 versus $20.41 at September 30, 2025. Debt to equity was 1.20x and about 96% of the portfolio was first lien debt, with non‑accruals at 1.6% of investments at amortized cost. For full-year 2025, net investment income was $176.0 million, or $1.40 per share.
The Board declared a first quarter 2026 regular dividend of $0.45 per share, payable on or around April 24, 2026 to stockholders of record on March 31, 2026. The company also authorized a new $100 million share repurchase program over 24 months and launched Capstone Lending LLC, a joint venture where it committed up to $200 million; approximately 47% of this commitment was called in February 2026.
Morgan Stanley Direct Lending Fund announced plans for its upcoming financial disclosure schedule. The company will report its fourth quarter and full year 2025 results on Thursday, February 26, 2026, after the market closes.
Management will then host an earnings call on Friday, February 27, 2026 at 10:00 a.m. Eastern Time to discuss the results. These details were provided through a press release that is included as Exhibit 99.1 to this current report.
Morgan Stanley Direct Lending Fund reported a planned change in its compliance leadership. On December 22, 2025, Gauranga Pal notified the Board that he will resign as the Company’s Chief Compliance Officer, effective January 1, 2026. The Company states that his resignation is not the result of any disagreement with the Company, and he will continue to serve as an Executive Director of Morgan Stanley Investment Management.
Effective the same date, the Board appointed Hope Brown, age 52, as the new Chief Compliance Officer. She has worked in the financial industry since 1995 and currently serves as Executive Director and Chief Compliance Officer for the Calvert Funds, as well as Global Head of ESG Compliance Advisory for Morgan Stanley Investment Management. The Company notes there are no arrangements or family relationships tied to her appointment and no related-party transactions requiring disclosure.
Morgan Stanley Direct Lending Fund (MSDL) furnished a press release announcing financial results for the third quarter ended September 30, 2025, and disclosed a new stockholder distribution.
The Board declared a regular distribution of $0.50 per share on November 4, 2025, payable on or around January 23, 2026 to stockholders of record as of December 31, 2025. The earnings information and the press release (Exhibit 99.1) were furnished, not filed, under the Exchange Act.
Morgan Stanley Direct Lending Fund announced plans to share its financial results for the third quarter ended September 30, 2025. The company will release these results on Thursday, November 6, 2025, after the market closes. It will then host an earnings conference call on Friday, November 7, 2025, at 10:00 a.m. Eastern Time to discuss the quarter in more detail. This update is provided as a Regulation FD disclosure and is accompanied by a press release filed as an exhibit.
Morgan Stanley Direct Lending Fund (MSDL) filed an 8-K reporting Amendment No. 6 to a Revolving Credit and Security Agreement dated September 24, 2025. The amendment names DLF LLC as borrower, Morgan Stanley Direct Lending Fund as equityholder and servicer, the lenders party to the agreement, U.S. Bank Trust Company, National Association as collateral agent, and BNP Paribas as administrative agent. The cover page inline XBRL is embedded and the filing bears the signature of David Pessah, Chief Financial Officer dated September 29, 2025. The filing text supplied is limited to the amendment cover information and signatures.
The registrant completed a $401.2 million term debt securitization (a collateralized loan obligation) through a newly formed issuer, selling a diversified portfolio of senior secured and second‑lien loans to that issuer while retaining all of the Subordinated Notes. BNP Paribas Securities Corp. and Morgan Stanley & Co. LLC agreed to purchase certain notes under a Purchase and Placement Agreement. The issuer may reinvest principal collections to buy replacement collateral under the collateral manager's direction through October 20, 2029, preserving initial leverage. Secured notes and loans mature on October 20, 2037; subordinated notes mature in October 2125. The secured notes are unregistered and subject to transfer restrictions. The company made customary representations and sold ownership interests to the issuer under a Master Loan Sale Agreement.
On 6 Aug 2025 Morgan Stanley Direct Lending Fund (NYSE: MSDL) filed an 8-K announcing that its wholly-owned subsidiary, North Haven Private Credit CLO 1 LLC, has priced a $401.2 million collateralised loan obligation scheduled to close on or about 17 Sep 2025.
The capital stack comprises:
- $182 m Class A-1 senior secured notes & loans at 3-m SOFR + 1.54%
- $16 m Class A-2 senior secured notes at SOFR + 1.70%
- $24 m Class B senior secured notes at SOFR + 1.90%
- $32 m Class C deferrable notes at SOFR + 2.40%
- $24 m Class D deferrable notes at SOFR + 3.55%
The deal provides term, floating-rate funding that will be consolidated onto MSDL’s balance sheet and counted in its Investment Company Act asset-coverage test. Management characterises the transaction as secured financing; no offer to sell the notes is being made in the filing.