Occi Michael Jr. buys $248,851 in Morgan Stanley Direct Lending (MSDL)

Published 13/08/2025, 15:50
Occi Michael Jr. buys $248,851 in Morgan Stanley Direct Lending (MSDL)

Occi Michael Jr., Chief Executive Officer of Morgan Stanley Direct Lending Fund (NASDAQ:MSDL), acquired 14,000 shares of common stock on August 12, 2025, at a price of $17.7751 per share. The total value of the purchase was $248,851. The purchase comes as the $1.57B market cap company trades near its 52-week low of $17.37, with technical indicators suggesting oversold conditions according to InvestingPro analysis.

Following the transaction, Occi Michael Jr. directly owns 21,500 shares of Morgan Stanley Direct Lending Fund. The stock currently offers an attractive 11.8% dividend yield and has historically demonstrated low price volatility. For more detailed insights and additional technical indicators, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Morgan Stanley Direct Lending Fund has announced the redemption of $275 million in senior notes. These notes, carrying a 7.55% interest rate and due in 2025, were redeemed at their full principal value, including accrued and unpaid interest. The redemption aligns with the terms outlined in a Master Note Purchase Agreement from September 2022. This development was officially documented in a filing with the Securities and Exchange Commission. The redemption took place on June 16, 2025, as per the agreement with the noteholders. Such financial maneuvers are part of Morgan Stanley’s ongoing financial management strategies. The company’s decision to redeem the notes may reflect a strategic move to manage its debt obligations effectively.

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