debt
confidence high
sentiment positive
materiality 0.40
MSDL amends BNP facility: margin cut 30 bps during reinvestment period
Morgan Stanley Direct Lending Fund
- Sixth Amendment to $XX BNP Paribas revolver reduces applicable margin during reinvestment from 2.25% to 1.95%.
- After reinvestment period, margin reduced from 2.75% to 2.45%.
- Borrower DLF Financing SPV LLC; Morgan Stanley Direct Lending Fund as equityholder and servicer.
- Amendment effective September 24, 2025; no change to facility size or maturity disclosed.
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