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MSD BDC SPV I increases financing to $550 million, extends two years
By Wendy Van Sickle
Columbus, Ohio, April 12 – MSD BDC SPV I, LLC, a subsidiary of MSD Investment Corp., amended its loan financing and security agreement with Deutsche Bank AG, New York Branch as facility agent on April 8 to increase the facility amount to $550 million from $485 million, according to an 8-K filing with the Securities and Exchange Commission.
The amendment also extends the period during which the borrower can make borrowings to April 8, 2027 from Dec. 31, 2024 and the maturity date to April 8, 2029 from Dec. 31, 2026.
Equityholder MSD Investment is based in New York.
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