For the year ending 2025-12-31, MSDL had $18,000K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net increase (decrease) in net assets resulting from operations | 122,094 |
| Net unrealized (appreciation) depreciation on investments | -46,588 |
| Net unrealized (appreciation) depreciation on translation of assets and liabilities in foreign currencies | 78 |
| Net unrealized (appreciation) depreciation on interest rate swap attributed to unsecured notes | -45 |
| Net realized (gain) loss on investments | -7,480 |
| Net realized (gain) loss on foreign currency and other transactions | 58 |
| Investments in unaffiliated money market fund, net | 4,000 |
| Net accretion of discount and amortization of premium on investments | 15,688 |
| Payment-in-kind interest and dividend capitalized | 18,178 |
| Amortization of deferred financing costs | 4,149 |
| Amortization of debt issuance costs and original issuance discount on unsecured notes | 5,010 |
| Purchases of investments and change in payable for investments purchased | 771,585 |
| Proceeds from sale of investments and principal repayments and change in receivable for investments sold/repaid | 771,886 |
| (increase) decrease in interest and dividend receivable-Investment Unaffiliated Issuer | -4,222 |
| (increase) decrease in interest and dividend receivable-Investment Affiliated Issuer Noncontrolled | 89 |
| (increase) decrease in prepaid expenses and other assets | 51 |
| (decrease) increase in payable to affiliates | 62 |
| (decrease) increase in management fees payable | 2,554 |
| (decrease) increase in incentive fees payable | -1,675 |
| (decrease) increase in interest payable | -260 |
| (decrease) increase in accrued expenses and other liabilities | -1,530 |
| Net cash provided by (used in) operating activities | 150,898 |
| Borrowings on debt | 1,552,345 |
| Repayments on debt | 1,447,000 |
| Deferred financing costs paid | 4,525 |
| Debt issuance costs paid | 7,560 |
| Dividends paid in cash | 184,032 |
| Proceeds from issuance of common stock, net of underwriting & offering costs | -163 |
| Repurchases of common stock | 41,963 |
| Net cash provided by (used in) financing activities | -132,898 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 18,000 |
| Effect of foreign exchange rate changes on cash | 38 |
| Cash, cash equivalents and restricted cash, beginning of period | 63,396 |
| Cash, cash equivalents and restricted cash, end of period | 81,434 |
Morgan Stanley Direct Lending Fund (MSDL)
Morgan Stanley Direct Lending Fund (MSDL)