Morgan Stanley Direct Lending Fund (MSDL) Q3 2024 Earnings Call Highlights: Strong Income ...

Morgan Stanley Direct Lending Fund (MSDL) Q3 2024 Earnings Call Highlights: Strong Income ...

Portfolio yield decreased due to repricing and rate cuts. Refinancing activity has slowed, but new deal spreads are expected to face less pressure. Dividend policy is secure, with excess earnings providing a cushion. LTV ratios and leverage remain stable, with a focus on conservative deal structuring.

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