{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-063093","form_type":"8-K","ticker":"MSDL","cik":"0001782524","company_name":"Morgan Stanley Direct Lending Fund","filed_at":"2024-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.074689+00:00","generated_at":"2026-06-01T16:30:39.157396+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"MSDL issues $350M of 6.150% notes due 2029; net proceeds ~$342.4M","bullets":["$350M principal of 6.150% notes due May 17, 2029; unsecured senior obligations.","Net proceeds ~$342.4M after discounts/expenses; used for debt repayment, portfolio investments, general corporate.","Entered interest rate swaps: receive fixed 6.150%, pay SOFR+2.37% on $350M to align with floating-rate loan portfolio.","Registration rights agreement obligates exchange offer or shelf registration; failure triggers additional interest.","Notes offered to QIBs and non-U.S. persons under Rule 144A/Reg S; not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-063093","json":"https://secwatch.observer/filing/0001104659-24-063093.json","markdown":"https://secwatch.observer/filing/0001104659-24-063093.md","text":"https://secwatch.observer/filing/0001104659-24-063093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/tm2414877d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T16:30:39.157396+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a91a0724eb0daf216e4b2f03aa8a8b9a979bb4b0","claim":"Morgan Stanley Direct Lending Fund incurred senior notes of $350,000,000 with U.S. Bank Trust Company, National Association at 6.150% maturing May 17, 2029.","evidence_excerpt":"On May 17, 2024, Morgan Stanley Direct Lending Fund (the \"Company\") and U.S. Bank Trust Company, National Association (the \"Trustee\") entered into a Second Supplemental Indenture (the \"Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the \"Indenture\") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the \"Notes\")","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","confidence":0.9},{"claim_id":"c8a858c57d25aceda3f6c7c37297cf718ecf9ad6","claim":"Morgan Stanley Direct Lending Fund entered into Second Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $350,000,000 (effective 2024-05-17).","evidence_excerpt":"on May 17, 2024, Morgan Stanley Direct Lending Fund (the “Company”) and U.S. Bank Trust Company, National Association (the “Trustee”) entered into a Second Supplemental Indenture (the “Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the “Indenture”) related to the Company’s issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the “Notes\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","confidence":0.95},{"claim_id":"f3b5de1beb20739c60c5bf6ec4ec3cf46364f116","claim":"Morgan Stanley Direct Lending Fund entered into Registration Rights Agreement with Truist Securities, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC, J.P. Morgan Securities LLC and SMBC Nikko Securities America, Inc., as the representatives of the Initial Purchasers of the Notes (effective 2024-05-17).","evidence_excerpt":"In connection with the Notes Offering, the Company entered into a Registration Rights Agreement, dated as of May 17, 2024 (the “Registration Rights Agreement”), with Truist Securities, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC, J.P. Morgan Securities LLC and SMBC Nikko Securities America, Inc., as the representatives of the Initial Purchasers of the Notes.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On May 17, 2024, Morgan Stanley Direct Lending Fund (the \"Company\") and U.S. Bank Trust Company, National Association (the \"Trustee\") entered into a Second Supplemental Indenture (the \"Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the \"Indenture\") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the \"Notes\")","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0000785161-26-000161","ticker":"EHC","company_name":"Encompass Health Corp","filed_at":"2026-06-01T20:26:16+00:00","headline":"Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000785161-26-000161","json":"https://secwatch.observer/filing/0000785161-26-000161.json","markdown":"https://secwatch.observer/filing/0000785161-26-000161.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/ehc-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On May 17, 2024, Morgan Stanley Direct Lending Fund (the \"Company\") and U.S. Bank Trust Company, National Association (the \"Trustee\") entered into a Second Supplemental Indenture (the \"Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the \"Indenture\") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the \"Notes\")","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","comparable_excerpt":"On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm"}},{"accession":"0001193125-26-214205","ticker":"PGIM","company_name":"PGIM Private Credit Fund","filed_at":"2026-05-08T23:59:59+00:00","headline":"PGIM Private Credit Fund enters $100M credit facility with $500M accordion option","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-214205","json":"https://secwatch.observer/filing/0001193125-26-214205.json","markdown":"https://secwatch.observer/filing/0001193125-26-214205.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/ck0001923622-20260505.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On May 17, 2024, Morgan Stanley Direct Lending Fund (the \"Company\") and U.S. Bank Trust Company, National Association (the \"Trustee\") entered into a Second Supplemental Indenture (the \"Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the \"Indenture\") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the \"Notes\")","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","comparable_excerpt":"Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm"}},{"accession":"0001335258-26-000023","ticker":"LYV","company_name":"Live Nation Entertainment, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Live Nation VenueCo closes €610M secured notes issuance backed by 4 venues","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001335258-26-000023","json":"https://secwatch.observer/filing/0001335258-26-000023.json","markdown":"https://secwatch.observer/filing/0001335258-26-000023.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1335258/000133525826000023/0001335258-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1335258/000133525826000023/lyv-20260508.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On May 17, 2024, Morgan Stanley Direct Lending Fund (the \"Company\") and U.S. Bank Trust Company, National Association (the \"Trustee\") entered into a Second Supplemental Indenture (the \"Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the \"Indenture\") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the \"Notes\")","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","comparable_excerpt":"On May 8, 2026, Live Nation VenueCo, LLC (“VenueCo”), a bankruptcy-remote, special purpose vehicle owned by certain bankruptcy-remote, special purpose entities (the “Participants”), which are indirect subsidiaries of Live Nation Entertainment, Inc. (the “Company”), closed its previously announced issuance of €610 million aggregate principal amount of fixed rate senior secured notes (the “Notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1335258/000133525826000023/0001335258-26-000023-index.htm"}},{"accession":"0001342916-26-000028","ticker":"HNOI","company_name":"HNO International, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"HNO International issues $67,500 convertible note and warrant to Monroe Street Capital","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.4,"calibrated_materiality_score":0.4,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001342916-26-000028","json":"https://secwatch.observer/filing/0001342916-26-000028.json","markdown":"https://secwatch.observer/filing/0001342916-26-000028.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342916/000134291626000028/0001342916-26-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342916/000134291626000028/hnoi8k5526.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On May 17, 2024, Morgan Stanley Direct Lending Fund (the \"Company\") and U.S. Bank Trust Company, National Association (the \"Trustee\") entered into a Second Supplemental Indenture (the \"Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the \"Indenture\") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the \"Notes\")","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","comparable_excerpt":"On May 5, 2026, HNO International, Inc. (the \"Company\") entered into a Securities Purchase Agreement (the \"MSC Purchase Agreement\") with Monroe Street Capital Partners, LP, a Delaware limited partnership (the \"MSC Buyer\"), pursuant to which the Company issued to the MSC Buyer a Convertible Promissory Note in the principal amount of $67,500","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1342916/000134291626000028/0001342916-26-000028-index.htm"}},{"accession":"0001606268-26-000029","ticker":"VIASP","company_name":"Via Renewables, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Via Renewables enters $300M senior secured revolving credit facility, replaces prior agreement","event_type":"debt","sec_items":["1.01","1.02","2.03","3.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001606268-26-000029","json":"https://secwatch.observer/filing/0001606268-26-000029.json","markdown":"https://secwatch.observer/filing/0001606268-26-000029.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606268/000160626826000029/0001606268-26-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606268/000160626826000029/spke-20260506.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On May 17, 2024, Morgan Stanley Direct Lending Fund (the \"Company\") and U.S. Bank Trust Company, National Association (the \"Trustee\") entered into a Second Supplemental Indenture (the \"Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the \"Indenture\") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the \"Notes\")","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","comparable_excerpt":"In connection with entering into the Credit Agreement, the Company entered into an amended and restated subordinated promissory note (Note No. 9) (the “Subordinated Debt Facility”) with Spark HoldCo and Retailco, LLC (“Retailco”). The Subordinated Debt Facility allows the Company to draw advances in increments of no less than $1.0 million per advance up to $25.0 million through November 6, 2029.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1606268/000160626826000029/0001606268-26-000029-index.htm"}},{"accession":"0000053456-26-000012","ticker":null,"company_name":"JERSEY CENTRAL POWER & LIGHT CO","filed_at":"2026-05-07T23:59:59+00:00","headline":"JCP&L issues $350M of 4.600% Senior Notes due 2030 for refinancing and capex","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000053456-26-000012","json":"https://secwatch.observer/filing/0000053456-26-000012.json","markdown":"https://secwatch.observer/filing/0000053456-26-000012.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/53456/000005345626000012/0000053456-26-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/53456/000005345626000012/jcpl-20260504.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On May 17, 2024, Morgan Stanley Direct Lending Fund (the \"Company\") and U.S. Bank Trust Company, National Association (the \"Trustee\") entered into a Second Supplemental Indenture (the \"Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the \"Indenture\") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the \"Notes\")","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","comparable_excerpt":"On May 6, 2026 (the “Closing Date”), Jersey Central Power & Light Company (the “Company”) completed its offering of $350,000,000 aggregate principal amount of its 4.600% Senior Notes due 2030 (the “Notes”)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/53456/000005345626000012/0000053456-26-000012-index.htm"}},{"accession":"0001104659-26-057239","ticker":"BKNG","company_name":"Booking Holdings Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"Booking Holdings issues $750M of 5.375% Senior Notes due 2036","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057239","json":"https://secwatch.observer/filing/0001104659-26-057239.json","markdown":"https://secwatch.observer/filing/0001104659-26-057239.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1075531/000110465926057239/0001104659-26-057239-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1075531/000110465926057239/tm2613920d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On May 17, 2024, Morgan Stanley Direct Lending Fund (the \"Company\") and U.S. Bank Trust Company, National Association (the \"Trustee\") entered into a Second Supplemental Indenture (the \"Second Supplemental Indenture\" and, together with the Base Indenture (as defined herein), the \"Indenture\") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the \"Notes\")","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1782524/000110465924063093/0001104659-24-063093-index.htm","comparable_excerpt":"in connection with the sale of $750,000,000 aggregate principal amount of the Company’s 5.375% Senior Notes due 2036","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1075531/000110465926057239/0001104659-26-057239-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}