---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-422878"
form_type: "8-K"
ticker: null
cik: "0001849894"
company_name: "MSD Investment Corp."
filed_at: "2026-10-15T20:07:45+00:00"
generated_at: "2026-10-15T20:09:06.333173+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MSD Investment Corp. prices $350M of 6.875% notes due 2029, swapped to SOFR+2.138%

## Summary
- Issued $350M aggregate principal of 6.875% notes maturing October 15, 2029; interest payable semiannually starting April 15, 2027.
- Net proceeds to repay borrowings under existing debt facilities and for general corporate purposes, including portfolio company investments.
- Concurrent $350M notional interest rate swap maturing October 15, 2029: company receives 6.875% fixed, pays 3-month compounded SOFR plus 2.138%.
- Notes are unsecured; on a change of control plus below-investment-grade rating by Fitch and Moody's, company must offer 100% of principal plus accrued interest.
- Registration Rights Agreement with Citizens JMP, Goldman Sachs, HSBC, J.P. Morgan, RBC and SMBC Nikko requires an exchange offer within 365 days.

## SEC filing metadata
- accession: 0001193125-26-422878
- form_type: 8-K
- cik: 0001849894
- company_name: MSD Investment Corp.
- filed_at: 2026-10-15T20:07:45+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849894/000119312526422878/0001193125-26-422878-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849894/000119312526422878/d10920d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-422878
- JSON: https://secwatch.observer/filing/0001193125-26-422878.json
- Plain text: https://secwatch.observer/filing/0001193125-26-422878.txt

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