MSD Investment Corp. Enters Loan Agreement
| Field | Detail |
|---|---|
| Company | Msd Investment Corp. |
| Form Type | 8-K |
| Filed Date | Sep 4, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $450.0 million, $595.0 million, $675.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, loan-agreement, financing
TL;DR
MSD Investment Corp. just signed a loan agreement, taking on new debt.
AI Summary
On August 28, 2025, MSD Investment Corp. entered into a material definitive agreement, specifically a loan agreement. This agreement creates a direct financial obligation for the company. The filing was made on September 4, 2025.
Why It Matters
This filing indicates MSD Investment Corp. has taken on new debt, which could impact its financial leverage and future investment capacity.
Risk Assessment
Risk Level: medium — Entering into a loan agreement signifies increased financial leverage and potential debt obligations, which carries inherent financial risk.
Key Players & Entities
- MSD Investment Corp. (company) — Registrant
- August 28, 2025 (date) — Date of earliest event reported
- September 4, 2025 (date) — Filing date
- 550 Madison Ave., 20th Floor New York , NY 10022 (address) — Principal Executive Offices
FAQ
What type of material definitive agreement did MSD Investment Corp. enter into?
MSD Investment Corp. entered into a loan agreement.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is August 28, 2025.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted on September 4, 2025.
What is the principal executive office address for MSD Investment Corp.?
The principal executive office address is 550 Madison Ave., 20th Floor New York, NY 10022.
Does this filing create a direct financial obligation for MSD Investment Corp.?
Yes, the filing states that the agreement creates a direct financial obligation for the registrant.
Filing Stats: 816 words · 3 min read · ~3 pages · Grade level 10.1 · Accepted 2025-09-04 17:14:14
Key Financial Figures
- $450.0 million — evolving Credit Facility increased from $450.0 million to $595.0 million. The accordion featur
- $595.0 million — cility increased from $450.0 million to $595.0 million. The accordion feature in the Revolving
- $675.0 million — al size of the facility to a maximum of $675.0 million. The other material terms of the Revo
Filing Documents
- ck0001849894-20250904.htm (8-K) — 47KB
- ck0001849894-ex10_1.htm (EX-10.1) — 56KB
- 0000950170-25-113079.txt ( ) — 208KB
- ck0001849894-20250904.xsd (EX-101.SCH) — 24KB
- ck0001849894-20250904_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. The information set forth in Item 2.03 is hereby incorporated by reference into this Item 1.01. Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On August 28, 2025, MSD Investment Corp. (the " Company "), entered into that certain Commitment Increase Agreement with Royal Bank of Canada, Deutsche Bank AG, New York Branch, and U.S. Bank National Association, as the assuming lenders, JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto (the " Commitment Increase Agreement "), pursuant to which, through the accordion feature in the Senior Secured Credit Agreement, by and between the Company, as borrower, and JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto (the " Credit Agreement " and the facility thereunder, the " Revolving Credit Facility "), the aggregate commitments under the Revolving Credit Facility increased from $450.0 million to $595.0 million. The accordion feature in the Revolving Credit Facility allows the Company, under certain circumstances, to increase the total size of the facility to a maximum of $675.0 million. The other material terms of the Revolving Credit Facility remain unchanged. Borrowings under the Revolving Credit Facility bear interest at a per annum rate equal to the SOFR in effect, plus an applicable margin of 1.75% per annum if the Borrowing Base (as defined in the Credit Agreement) is greater than or equal to 1.6x the Combined Debt Amount (as defined in the Credit Agreement), or SOFR plus an applicable margin of 1.875% per annum if the Borrowing Base is less than 1.6x the Combined Debt Amount. There is an additional 0.1% credit spread adjustment regardless of the Combined Debt Amount. The Company will also pay a commitment fee of 0.375% per annum on the daily unused amount of the financing commitments until the fourth anniversa
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits EXHIBIT NUMBER DESCRIPTION 10.1 Commitment Increase Agreement by and among MSD Investment Corp., as borrower, Royal Bank of Canada, Deutsche Bank AG, New York Branch, and U.S. Bank National Association, as the assuming lenders, JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. MSD Investment Corp. Dated: September 4, 2025 By: /s/ Brian Williams Name: Brian Williams Title: Chief Financial Officer and Treasurer