Intel stock extends gains after report of possible U.S. government stake
Director Joan Binstock of Morgan Stanley Direct Lending Fund (NYSE:MSDL) recently purchased 5659 shares of the company’s common stock. The transaction, which occurred on August 11, 2025, involved a price of $17.685 per share, totaling $100079. The purchase comes as MSDL trades near its 52-week low of $17.37, with InvestingPro data showing the stock’s RSI indicating oversold conditions. The company currently offers an attractive 11.8% dividend yield.
Following the purchase, Ms. Binstock indirectly holds 39251 shares through the Joan A Binstock Revocable Trust
Ms. Binstock is the grantor and trustee of the Joan A Binstock Revocable Trust, which owns the reported securities. Ms. Binstock disclaims beneficial ownership of shares of common stock held by the Joan A Binstock Revocable Trust, except to the extent of her pecuniary interest therein.
In other recent news, Morgan Stanley Direct Lending Fund has announced the redemption of $275 million in aggregate principal amount of its 7.55% Series A Senior Notes due 2025. According to a document filed with the Securities and Exchange Commission, the redemption was executed at the full principal value, including accrued and unpaid interest up to the redemption date. This action aligns with the terms established in the Master Note Purchase Agreement dated September 13, 2022. The redemption took place on June 16, 2025. The company’s adherence to these terms underscores its commitment to fulfilling its financial obligations. This development is part of Morgan Stanley Direct Lending Fund’s recent activities.
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