---
schema_version: "secwatch.filing_event.v1"
accession: "0001782524-22-000125"
form_type: "8-K"
ticker: "MSDL"
cik: "0001782524"
company_name: "Morgan Stanley Direct Lending Fund"
filed_at: "2022-12-29T23:59:59+00:00"
generated_at: "2026-06-20T21:59:40.716264+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Morgan Stanley Direct Lending Fund reduces credit facility to $160M, raises $95M equity, declares $0.50 dividend

## Summary
- Reduced revolving credit commitment from $235M to $160M; expects to fully repay and terminate facility by Dec 31, 2022.
- Sold ~4.8M shares of common stock at ~$95M aggregate price via capital drawdown closed Dec 23, 2022.
- Declared $0.50 per share dividend (~9.8% annualized yield), payable Jan 25, 2023 to holders of record Dec 20, 2022.

## SEC filing metadata
- accession: 0001782524-22-000125
- form_type: 8-K
- ticker: MSDL
- cik: 0001782524
- company_name: Morgan Stanley Direct Lending Fund
- filed_at: 2022-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782524/000178252422000125/0001782524-22-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782524/000178252422000125/msdlf-8xkx12292022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001782524-22-000125
- JSON: https://secwatch.observer/filing/0001782524-22-000125.json
- Plain text: https://secwatch.observer/filing/0001782524-22-000125.txt

## Key facts
- Material Agreements
  Morgan Stanley Direct Lending Fund amended Credit Facility with CIBC, as administrative agent valued at $160 million (effective 2022-12-23).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: CIBC, as administrative agent
  - Value: $160 million
  - Effective: 2022-12-23
  source text: Morgan Stanley Direct Lending Fund (the "Company"), as borrower, provided written notice (the “Commitment Reduction Notice”) of its intent to reduce the amount of the revolving commitment to $160 million from $235 million in accordance with and as permitted under that certain revolving credit agreement by and among the Company, the financial institutions that from time to time become parties thereto and CIBC, as administrative agent (as amended, the “Credit Facility”). The other terms of the Credit Facility were not changed. Such reduction in the revolving commitment under the Credit Facility pursuant to the Commitment Reduction Notice was effective as of December 23, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1782524/000178252422000125/0001782524-22-000125-index.htm

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