Morgan Stanley Direct Lending Fund Completes $401.2 Million Term Debt Securitization with BNP Paribas and Morgan Stanley & Co. LLC
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.
On September 17, 2025, Morgan Stanley Direct Lending Fund, through its subsidiary North Haven Private Credit CLO 1 LLC, entered into a significant financing agreement, completing a $401.2 million term debt securitization. This transaction, known as the 2025 Debt Securitization, involves collateralized loan obligations and serves as a secured financing mechanism. The agreement includes a Purchase and Placement Agreement with BNP Paribas Securities Corp. and Morgan Stanley & Co. LLC, under which they agreed to purchase certain notes issued as part of the securitization. Notably, the secured notes and loans issued mature in October 2037, facilitating the company’s investment strategy and maintaining initial leverage in the securitization. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Morgan Stanley Direct Lending Fund published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-211335), on September 22, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
