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Morgan Stanley Exclusive: $103m Direct Lending Plan Explained

Morgan Stanley Direct Lending Fund (MSDL), a subsidiary of the renowned Morgan Stanley, recently announced the successful completion of its initial public offering (IPO), raising $103.35 million.

Morgan Stanley European Headquarters, London, UK PHOTO: GETTY IMAGES
Morgan Stanley European Headquarters, London, UK PHOTO: GETTY IMAGES

Specializing in high-yield bonds typically issued by mid-sized companies and private equity firms for acquisition financing, MSDL targets a market niche offering higher interest rates compared to

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