MSD Investment Corp. and BDT & MSD BDC Management, LLC
Published Date: 2/9/2026
Notice
Summary
MSD Investment Corp. and BDT & MSD BDC Management want permission to offer different types of shares with varying fees and sales charges to investors. This change affects certain business development companies and could give investors more choices starting soon. If anyone wants a hearing about this, they must ask by March 2, 2026.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
BDC Multiple Share Classes Allowed
If you invest in certain business development companies (BDCs), MSD Investment Corp. asked the SEC for permission to let those BDCs issue multiple classes of shares that can have different sales loads and different asset-based distribution and/or service fees. That means investors in those BDCs could see new share options with different fee levels.
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