MSD Investment Corp. Enters Material Agreement
| Field | Detail |
|---|---|
| Company | Msd Investment Corp. |
| Form Type | 8-K |
| Filed Date | Oct 1, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $595.0 million, $670.0 million, $675.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
MSD Investment Corp. just signed a big deal, creating new financial obligations.
AI Summary
On September 25, 2025, MSD Investment Corp. entered into a material definitive agreement and created a direct financial obligation. The company, formerly known as MSD Investment, LLC, is incorporated in Maryland and has its principal executive offices in New York, NY.
Why It Matters
This filing indicates a significant new financial commitment or agreement for MSD Investment Corp., which could impact its future financial obligations and operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce new risks and uncertainties for a company.
Key Players & Entities
- MSD Investment Corp. (company) — Registrant
- September 25, 2025 (date) — Date of earliest event reported
- October 1, 2025 (date) — Date of Report
- MSD Investment, LLC (company) — Former Company Name
- Maryland (jurisdiction) — State of Incorporation
- New York, NY (location) — Address of Principal Executive Offices
FAQ
What type of material definitive agreement did MSD Investment Corp. enter into?
The filing states that MSD Investment Corp. entered into a 'Material Definitive Agreement' but does not specify the nature of the agreement.
What is the nature of the direct financial obligation created by MSD Investment Corp.?
The filing indicates the creation of a 'Direct Financial Obligation' but does not provide specific details about its terms or amount.
When was MSD Investment Corp. incorporated?
MSD Investment Corp. was incorporated in Maryland.
What was MSD Investment Corp. previously known as?
MSD Investment Corp. was formerly known as MSD Investment, LLC and MSD Investment Corp., LLC.
What is the principal executive office address for MSD Investment Corp.?
The principal executive office is located at 550 Madison Ave., 20th Floor, New York, NY 10022.
Filing Stats: 803 words · 3 min read · ~3 pages · Grade level 10.3 · Accepted 2025-10-01 16:59:48
Key Financial Figures
- $595.0 million — evolving Credit Facility increased from $595.0 million to $670.0 million. The accordion featur
- $670.0 million — cility increased from $595.0 million to $670.0 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
- ck0001849894-20250925.htm (8-K) — 47KB
- ck0001849894-ex10_1.htm (EX-10.1) — 48KB
- 0001193125-25-226915.txt ( ) — 200KB
- ck0001849894-20250925.xsd (EX-101.SCH) — 24KB
- ck0001849894-20250925_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 September 25, 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 $595.0 million to $670.0 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 annive
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, BNP Paribas as the assuming lender, 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: October 1, 2025 By: /s/ Brian Williams Name: Brian Williams Title: Chief Financial Officer and Treasurer