MSD Investment Corp. raises $300 million in three-year bonds to refinance obligations
MSD Investment Corp., a business development company overseen by BDT & MSD Partners LLC, sold $300 million of three-year investment-grade notes on Tuesday. The securities were priced at a yield 2.4 percentage points above U.S. Treasuries after the spread tightened from initial discussions near 2.7 percentage points. Proceeds will be used to refinan…