Morgan Stanley Direct Lending Fund Announces IPO of 5M Shares
Morgan Stanley Direct Lending Fund (“MSDL”), a business development company managed by MS Capital Partners Adviser Inc., has announced that it will be initiating an initial public offering (IPO) of 5,000,000 shares of its common stock. The estimated price for the offering is $20.67 per share, and MSDL is expected to list its Common Stock on the New York Stock Exchange under the symbol “MSDL“. The underwriters for the IPO will have an option to purchase up to an additional 750,000 shares to cover any overallotments. The completion of the offering is subject to various factors, including market conditions.
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