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8-K filed September 13, 2023, 7:59 PM ET CIK 0001849894
debt confidence high sentiment neutral materiality 0.50

MSD Investment Corp.: debt financing — MSD Investment Corp. subsidiary upsizes credit facility by $75M to $445M

MSD Investment Corp.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

MSD Investment Corp. amended credit facility of increases the Facility Amount from $370,000,000 to $445,000,000 with Citizens Bank, N.A..

Instrument
credit facility
Principal
increases the Facility Amount from $370,000,000 to $445,000,000
Counterparty
Citizens Bank, N.A.
Event
amendment
Exact text from the filing
On September 8, 2023, MSD BDC SPV II, LLC, a wholly-owned subsidiary of MSD Investment Corp. (the “ Company ”), entered into Amendment No. 1 to the Loan and Security Agreement (together with the exhibits and schedules thereto, the “ Amendment ”) with Citizens Bank, N.A. as a required lender, a lender, and administrative agent, the Company as collateral manager, Everbank, N.A. as a lender, Texas Capital Bank as a lender, U.S. Bank Trust Company, National Association as collateral agent, and U.S. Bank National Association as account bank and collateral custodian, which amended the Loan and Security Agreement, dated as of August 15, 2023 (the “ LSA ”). The Amendment, among other things: (1) increases the Facility Amount (as defined in the LSA) from $370,000,000 to $445,000,000 and (2) adds Western Alliance Bank as a lender.
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Source: SEC EDGAR
accession 0000950170-23-047976
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