Morgan Stanley Direct Lending Fund Completes $401.2 Million Term Debt Securitization with BNP Paribas and Morgan Stanley & Co. LLC

Reuters
2025.09.23 15:25
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Morgan Stanley Direct Lending Fund has completed a $401.2 million term debt securitization through its subsidiary, North Haven Private Credit CLO 1 LLC. The transaction, finalized on September 17, 2025, involves collateralized loan obligations and includes a Purchase and Placement Agreement with BNP Paribas and Morgan Stanley & Co. LLC. The secured notes and loans from this securitization are set to mature in October 2037, supporting the fund's investment strategy and leverage.