Morgan Stanley Direct Lending Fund

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Morgan Stanley Direct Lending Fund is a business development and finance company, which engages in lending to middle-market companies. It invests in directly originated senior secured term loans including first lien senior secured term loans and second lien senior secured term loans. The company was founded on May 30, 2019 and is headquartered in New York, NY.

Morgan Stanley Direct Lending Fund (MSDL) Q1 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Adviser”), today announced its financial results for the first quarter ended March 31, 2024. “MSDL generated strong first quarter operating results, supported by continued stable credit performance,” said Jeffrey Levin, President and Chief Executive Officer of Morgan Stanley Direct Lending Fund. “We have.

Morgan Stanley Direct Lending Fund Announces March 31, 2024 Financial Results and Declares Second Quarter 2024 Dividend of $0.50 per Share

Wall Street has been involved in the private credit space for 15 years, focusing on raising capital for private BDCs. Blackstone, Apollo, KKR & Co., and Bain Capital are among the Wall Street firms involved in the private BDC club. Morgan Stanley Direct Lending Fund is a newly listed BDC that is worth keeping an eye on due to its strong financial performance and attractive dividend yield.

Morgan Stanley Direct Lending: My Oh My, Another Strong Buy

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) ("MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will release its financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 2024, after the market closes. MSDL will host a conference call at 10:00 am ET on Friday, May 10, 2024, to review its financial results and conduct a question-and-answer session. Conference Call Information All.

Morgan Stanley Direct Lending Fund Announces First Quarter 2024 Earnings Release and Conference Call

We take a look at the action in business development companies through the last week of March and highlight some of the key themes we are watching. BDCs had a strong week with a 2.5% total return with a similar return over March. Sometimes investors need to dig deeper than the numbers on the presentation to get a better gauge of BDC underwriting quality.

BDC Weekly Wrap: Dig Deeper For Underwriting Quality

We take a look at the recently IPO'd BDC Morgan Stanley Direct Lending Fund.

MSDL: This Strong-Performing BDC Makes Its Public Debut

Morgan Stanley Direct Lending Fund, which entered the public market space in January this year, has registered strong total returns above the index. Currently, MSDL trades a slight premium over its NAV, which theoretically leads to an unfavorable entry point. Yet, looking at the underlying fundamentals, it is clear that the premium is fully justified, and that MSDL embodies all of the necessary characteristics to keep delivering strong results.

MSDL: A New Player In The BDC Town That Is Worth Buying

Morgan Stanley launches a Business Development Company to attract retail investor funds and expand into smaller firms. The Morgan Stanley Direct Lending Fund primarily invests in riskier bonds issued by middle-market companies or private equity firms. The fund focuses on companies with strong management teams, primary financial backers, and industry diversification to mitigate risk.

MSDL: Morgan Stanley Brings Its Expertise To BDC World

BlackRock Capital Investment

TCG BDC

Blue Owl Capital Corp III

TCP Capital

We take a look at the BDC sector through the second week of March. BDC returns were marginally positive, with some companies significantly dragging down the average weekly return. Q4 saw a significant rise in performance divergence across the sector - an indication of a heightened level of stress by borrowers.

BDC Weekly Review: Portfolio Performance Is Diverging

Morgan Stanley Direct Lending Fund (MSDL) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Adviser”), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. “MSDL generated record performance to complete 2023, positioning the Company well for its debut to the public markets,” said Jeffrey Levin, President and Chief Executive Officer of Morgan Stan.

Morgan Stanley Direct Lending Fund Announces December 31, 2023 Financial Results and Declares First Quarter 2024 Dividend of $0.50 per Share

Ares Capital

Golub Capital BDC

Nuveen Churchill Direct Lending Corp

We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching. BDCs were down around 1% with PSEC leading the downside on disappointing earnings. There has been a flood of BDC IPOs, with several new entrants offering compelling returns and shareholder-friendly fee structures.

BDC Weekly Review: New BDCs Coming To Market

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) ("MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2023 on Friday, March 1, 2024, before the market opens. MSDL will host a conference call at 10:00 am ET that day to review its financial results and conduct a question-and-answer session. Conference Call Information.

Morgan Stanley Direct Lending Fund Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

Shares of Morgan Stanley Direct Lending Fund (MSDL) dipped 1% in their market debut on Wednesday, as investor appetite for new issues continues to remain muted.

Morgan Stanley Direct Lending Fund's shares tick down in market debut

Morgan Stanley

Morgan Stanley Direct Lending Fund (MSDL.N), opens new tab said on Tuesday it had raised $103.35 million in its initial public offering. The fund chiefly invests in riskier bonds, like those issued by middle-market companies or by private equity firms looking to finance their acquisitions.

Morgan Stanley Direct Lending Fund raises $103.35 mln in IPO

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (“MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced that it priced its initial public offering of 5,000,000 shares of its common stock, par value $0.001 per share (the “Common Stock”) at $20.67 per share. MSDL's shares of Common Stock are expected to begin trading on The New York Stock Exchange on January 24, 2024 under the symbol “MSDL.” MSDL also granted the underwriters.

Morgan Stanley Direct Lending Fund Prices Initial Public Offering

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (“MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced that it has commenced an initial public offering of 5,000,000 shares of its common stock, par value $0.001 per share (the “Common Stock”). The estimated price for the offering is $20.67 per share of Common Stock. MSDL is expected to list its Common Stock on The New York Stock Exchange under the symbol “MSDL.” The underwrit.

News for Morgan Stanley Direct Lending Fund Stock (MSDL)