secwatch / observer
8-K filed May 3, 2024, 7:59 PM ET CIK 0001849894
debt confidence high sentiment neutral materiality 0.55

MSD Investment Corp.: debt financing — MSD Investment Corp. subsidiary ups credit facility by $100M to $595M

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 0.95

MSD Investment Corp. amended credit facility of from $495,000,000 to $595,000,000 with Citizens Bank, N.A..

Instrument
credit facility
Principal
from $495,000,000 to $595,000,000
Counterparty
Citizens Bank, N.A.
Event
amendment
Exact text from the filing
On April 18, 2024, MSD BDC SPV II, LLC, a wholly-owned subsidiary of MSD Investment Corp. (the “ Company ”), entered into Amendment No. 3 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, Western Alliance 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, increases the Facility Amount (as defined in the LSA) from $495,000,000 to $595,000,000.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

MSD Investment Corp. shareholders approved Ratification of the Appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-04-29 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2024-04-29
Exact text from the filing
Ratification of the Appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024: Stockholders of the Company ratified the appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. Holders of common stock and preferred stock, voting together as a single class, were entitled to vote on this proposal. The following votes were taken in connection with this proposal: FOR AGAINST WITHHELD/ ABSTAINED BROKER NON-VOTES 30,412,617.84 -0- -0- -0-
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

MSD Investment Corp. shareholders approved Election of Directors at the 2024-04-29 meeting.

Proposal
director election
Outcome
passed
Meeting
2024-04-29
Exact text from the filing
Election of Directors: Stockholders of the Company elected one nominee for director, to serve for a three-year term to expire at the 2027 Annual Meeting of Stockholders. Only holders of preferred stock, voting separately as a single class, were entitled to vote on this proposal. The following votes were taken in connection with this proposal: Name FOR WITHHELD/ ABSTAINED BROKER NON-VOTES James Chapman 250.00 -0- -0-
View on SEC.gov

311 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR
accession 0000950170-24-052853
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