Morgan Stanley Direct Lending Fund

06/29/2026 | Press release | Distributed by Public on 06/29/2026 14:53

Prospectus by Investment Company (Form 497AD)

Filed pursuant to Rule 497(a)

Registration No. 333-283477

Rule 482ad

Issuer (Ticker) Morgan Stanley Direct Lending Fund (MSDL)
Ranking Sr Unsecured Note
Ratings*

Moody's (Exp): Baa3/Stable

Fitch (Exp): BBB-/Stable

Kroll (Exp): BBB/Stable

Format SEC Registered
Announced Size $350mm
IPTs T+245 area
Tenor 5 Year
Maturity Date July 15, 2031
Coupon Type Fixed
Settlement** T+7 (July 9, 2026)
Optional Redemption

Make Whole Call

Par Call: 1 month prior to maturity

Change of Control Yes, 100% (See Red)
Book Runners Active: TSI (B&D), BNPP, MUFG, RBC, SMBC
Use of Proceeds Repay indebtedness
Sale into Canada Yes-Exemption
CUSIP 61774A AH6
ISIN US61774AAH68
Denominations 2,000 x 1,000
Timing Today's Business

-Disclaimers-

*

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

**

Under Rule 15c6-1 of the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in one business day, unless the parties to such trade expressly agree otherwise at the time of the trade. Accordingly, purchasers who wish to trade the Notes prior to the business day before the date of delivery of the Notes will be required, by virtue of the fact that the Notes initially will settle in seven business days (T+7), to specify alternative settlement arrangements to prevent a failed settlement.

The issuer has filed a shelf registration statement (including a prospectus) and a preliminary prospectus supplement with the Securities and Exchange Commission (SEC). Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC and incorporated by reference into the prospectus or preliminary prospectus supplement for more complete information about the issuer and this offering. You may obtain these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the preliminary prospectus supplement and prospectus if you request it from Truist Securities, Inc. at 1-800-685-4786, BNP Paribas Securities Corp. at 1-800-854-5674, MUFG Securities Americas Inc. at 1-877-649-6848, RBC Capital Markets, LLC at 1-866-375-6829, SMBC Nikko Securities America, Inc. at 1-888-868-6856.

ANY DISCLAIMER OR OTHER NOTICE THAT MAY APPEAR BELOW IS NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMER OR NOTICE WAS AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.

Morgan Stanley Direct Lending Fund published this content on June 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 29, 2026 at 20:53 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]