Morgan Stanley Direct Lending Fund (MSDL) Long-Term Debt Issuances (2022 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Long-Term Debt Issuances data on file, last reported at $196.0 million in Q1 2026.

• Quarterly Long-Term Debt Issuances rose 1.55% year-over-year to $196.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 21.47% YoY) and the FY2025 annual result came in at $1.6 billion, up 30.51% from the prior year.
• Long-Term Debt Issuances improved to $196.0 million in Q1 2026 per MSDL's latest filing, from $161.0 million in the prior quarter.
• Across five years, Long-Term Debt Issuances topped out at $747.3 million in Q2 2025 and bottomed at $60.0 million in Q1 2023.
• The 5-year median for Long-Term Debt Issuances is $259.2 million (2022), against an average of $307.0 million.
• The widest annual swing landed in 2023, when Long-Term Debt Issuances tumbled 89.18%; it then soared 215.19% in 2024.
• Tracing MSDL's Long-Term Debt Issuances over 5 years: stood at $275.0 million in 2022, then slumped by 74.55% to $70.0 million in 2023, then soared by 215.19% to $220.6 million in 2024, then decreased by 27.03% to $161.0 million in 2025, then grew by 21.74% to $196.0 million in 2026.
• Per Business Quant, the three latest MSDL Long-Term Debt Issuances figures stand at $196.0 million (Q1 2026), $161.0 million (Q4 2025), and $451.0 million (Q3 2025).

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