---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-269416"
form_type: "8-K"
ticker: null
cik: "0001849894"
company_name: "MSD Investment Corp."
filed_at: "2026-06-12T20:09:47+00:00"
generated_at: "2026-06-12T20:22:50.751493+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MSD Investment Corp. issues $300M 6.375% notes due 2029; enters interest rate swap

## Summary
- Issued $300M aggregate principal of 6.375% notes due June 12, 2029, sold in private placement.
- Proceeds will repay existing debt facilities and for general corporate purposes including portfolio investments.
- Entered interest rate swap with notional $300M, receives fixed 6.375%, pays 3-month SOFR + 2.3525%.
- Notes are direct unsecured obligations; redeemable at company's option; change of control repurchase provisions.
- Registration rights agreement requires exchange offer within 365 days; failure triggers additional interest.

## SEC filing metadata
- accession: 0001193125-26-269416
- form_type: 8-K
- cik: 0001849894
- company_name: MSD Investment Corp.
- filed_at: 2026-06-12T20:09:47+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849894/000119312526269416/0001193125-26-269416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849894/000119312526269416/d88809d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-269416
- JSON: https://secwatch.observer/filing/0001193125-26-269416.json
- Plain text: https://secwatch.observer/filing/0001193125-26-269416.txt

## Key facts
- Debt Financings
  MSD Investment Corp. incurred senior notes of $300,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.375% per year maturing June 12, 2029.
  - Instrument: senior notes
  - Principal: $300,000,000 aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 6.375% per year
  - Maturity: June 12, 2029
  - Event: incurrence
  source text: On June 12, 2026, MSD Investment Corp. (the “ Company ”) and U.S. Bank Trust Company, National Association (the “ Trustee ”), entered into a Third Supplemental Indenture (the “ Third Supplemental Indenture ”) to the Indenture, dated April 2, 2025, between the Company and the Trustee (the “ Base Indenture ” and, together with the Third Supplemental Indenture, the “ Indenture ”). The Third Supplemental Indenture relates to the Company’s issuance, offer and sale of $300,000,000 aggregate principal amount of its 6.375% notes due 2029 (the “ Notes ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849894/000119312526269416/0001193125-26-269416-index.htm
- Material Agreements
  MSD Investment Corp. entered into Third Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $300,000,000 (effective 2026-06-12).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $300,000,000
  - Effective: 2026-06-12
  source text: On June 12, 2026, MSD Investment Corp. (the “ Company ”) and U.S. Bank Trust Company, National Association (the “ Trustee ”), entered into a Third Supplemental Indenture (the “ Third Supplemental Indenture ”) to the Indenture, dated April 2, 2025, between the Company and the Trustee (the “ Base Indenture ” and, together with the Third Supplemental Indenture, the “ Indenture ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849894/000119312526269416/0001193125-26-269416-index.htm
- Material Agreements
  MSD Investment Corp. entered into Registration Rights Agreement with J.P. Morgan Securities LLC, BNP Paribas Securities Corp., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, and SMBC Nikko Securities America, Inc. (effective 2026-06-12).
  - Action: entry
  - Counterparty: J.P. Morgan Securities LLC, BNP Paribas Securities Corp., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, and SMBC Nikko Securities America, Inc.
  - Effective: 2026-06-12
  source text: In connection with the sale of the Notes, the Company entered into a Registration Rights Agreement, dated June 12, 2026 (the “ Registration Rights Agreement ”), with J.P. Morgan Securities LLC, BNP Paribas Securities Corp., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, and SMBC Nikko Securities America, Inc., as the representatives of the Initial Purchasers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849894/000119312526269416/0001193125-26-269416-index.htm

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