{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-309931","form_type":"8-K","ticker":null,"cik":"0001849894","company_name":"MSD Investment Corp.","filed_at":"2025-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.807062+00:00","generated_at":"2026-05-16T14:19:17.898955+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"MSD Investment Corp. issues $400M 6.125% notes due 2031, enters interest rate swap","bullets":["Issued $400M aggregate principal of 6.125% notes due Feb 5, 2031; interest payable semiannually starting Aug 5, 2026.","Notes are unsecured; redeemable at company's option at any time at specified redemption price.","Net proceeds to repay existing debt under credit facilities and for general corporate purposes.","Entered $400M notional interest rate swap maturing Feb 5, 2031; pays 3m SOFR+2.715%, receives 6.125% fixed.","Registration rights agreement requires exchange offer or additional interest if registration obligations not met."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-309931","json":"https://secwatch.observer/filing/0001193125-25-309931.json","markdown":"https://secwatch.observer/filing/0001193125-25-309931.md","text":"https://secwatch.observer/filing/0001193125-25-309931.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849894/000119312525309931/0001193125-25-309931-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849894/000119312525309931/ck0001849894-20251205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T14:19:17.898955+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":"3a8c82d5eb77d62d413e004921eb0fc7b0332536","claim":"MSD Investment Corp. entered into Second Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $400,000,000 aggregate principal amount of its 6.125% notes due 2031 (effective 2025-12-05).","evidence_excerpt":"On December 5, 2025, MSD Investment Corp. (the “ Company ”) and U.S. Bank Trust Company, National Association (the “ Trustee ”), entered into a Second Supplemental Indenture (the “ Second Supplemental Indenture ”) to the Indenture, dated April 2, 2025, between the Company and the Trustee (the “ Base Indenture ” and, together with the Second Supplemental Indenture, the “ Indenture ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849894/000119312525309931/0001193125-25-309931-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$400,000,000 aggregate principal amount of its 6.125% notes due 2031"},{"label":"Effective","value":"2025-12-05"}],"fact_type":"material_agreement"},{"claim_id":"65d4d97076131bf15cb38a62894f77dde05ce40f","claim":"MSD Investment Corp. entered into Registration Rights Agreement with J.P. Morgan Securities LLC, Citizens JMP Securities, LLC, Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., RBC Capital Markets, LLC and SMBC Nikko Securities America, Inc. as the representatives of the Initial Purchasers (effective 2025-12-05).","evidence_excerpt":"In connection with the sale of the Notes, the Company entered into a Registration Rights Agreement, dated December 5, 2025 (the “ Registration Rights Agreement ”), with J.P. Morgan Securities LLC, Citizens JMP Securities, LLC, Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., RBC Capital Markets, LLC and SMBC Nikko Securities America, Inc. as the representatives of the Initial Purchasers.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849894/000119312525309931/0001193125-25-309931-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"J.P. Morgan Securities LLC, Citizens JMP Securities, LLC, Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., RBC Capital Markets, LLC and SMBC Nikko Securities America, Inc. as the representatives of the Initial Purchasers"},{"label":"Effective","value":"2025-12-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}