---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-065578"
form_type: "8-K"
ticker: null
cik: "0001849894"
company_name: "MSD Investment Corp."
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T22:51:38.198228+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MSD Investment Corp. completes $600M CLO securitization and declares $0.65 regular + $0.11 special dividend

## Summary
- $600M CLO closed Nov 15, 2023: $336M Class A (SOFR+2.70%), $54M Class B (SOFR+3.65%), $36M Class C (SOFR+4.00%), $163.6M Preferred (no interest). Company retained all Class C and Preferred.
- Notes mature Oct 15, 2035; backed by senior secured and second lien loans. Collateral management fees waived while company holds Preferred Shares.
- Regular $0.65/share and special $0.11/share dividends declared; payable Dec 28, 2023 to record Dec 15, 2023.

## SEC filing metadata
- accession: 0000950170-23-065578
- form_type: 8-K
- cik: 0001849894
- company_name: MSD Investment Corp.
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849894/000095017023065578/0000950170-23-065578-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849894/000095017023065578/ck0001849894-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-065578
- JSON: https://secwatch.observer/filing/0000950170-23-065578.json
- Plain text: https://secwatch.observer/filing/0000950170-23-065578.txt

## Key facts
- Debt Financings
  MSD Investment Corp. incurred debt of $600 million with U.S. Bank Trust Company, National Association, as trustee at SOFR plus an applicable margin of 2.70% maturing October 15, 2035.
  - Principal: $600 million
  - Counterparty: U.S. Bank Trust Company, National Association, as trustee
  - Rate: SOFR plus an applicable margin of 2.70%
  - Maturity: October 15, 2035
  - Event: incurrence
  source text: The notes offered in the 2023 Debt Securitization (the “ Notes ”) were issued by MSD BDC CLO I, LLC (the “ Issuer ”), a wholly-owned, consolidated subsidiary of the Company pursuant to an Indenture, dated the Closing Date, between the Issuer and U.S. Bank Trust Company, National Association, as trustee (the " Indenture "). The 2023 Notes consist of $336 million of Class A Notes, which bear interest at a rate per annum equal to the secured overnight financing rate (" SOFR ") in effect, plus an applicable margin of 2.70%; $54 million of Class B Notes, which bear interest at SOFR plus an applicable margin of 3.65%; $36 million of Class C Notes, which bear interest at SOFR plus an applicable margin of 4.00%; and approximately $163.6 million of Preferred Shares, which do not bear interest.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849894/000095017023065578/0000950170-23-065578-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.