Ropes & Gray Advises Sales Agents in $300 Million ATM Offering for Morgan Stanley Direct Lending Fund

In The News
April 7, 2025
Attorneys:

Ropes & Gray represented the sales agents in the launch of Morgan Stanley Direct Lending Fund’s $300 million at-the-market offering on March 31.

Morgan Stanley Direct Lending Fund is a business development company with the objective to achieve attractive risk-adjusted returns by investing primarily in directly originated senior secured term loans issued by U.S. middle market companies.

The deal team was led by capital markets partner Paul Tropp.