<SEC-DOCUMENT>0001104659-20-116103.txt : 20201019
<SEC-HEADER>0001104659-20-116103.hdr.sgml : 20201019
<ACCEPTANCE-DATETIME>20201019163142
ACCESSION NUMBER:		0001104659-20-116103
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20201019
DATE AS OF CHANGE:		20201019
GROUP MEMBERS:		MORGAN STANLEY
GROUP MEMBERS:		MS HOLDINGS INC

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Morgan Stanley Direct Lending Fund
		CENTRAL INDEX KEY:			0001782524
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-91454
		FILM NUMBER:		201246494

	BUSINESS ADDRESS:	
		STREET 1:		1585 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
		BUSINESS PHONE:		212 761 0380

	MAIL ADDRESS:	
		STREET 1:		1585 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Morgan Stanley Direct Lending Fund LLC
		DATE OF NAME CHANGE:	20190923

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Morgan Stanley BDC LLC
		DATE OF NAME CHANGE:	20190715

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MS Credit Partners Holdings Inc.
		CENTRAL INDEX KEY:			0001790614
		IRS NUMBER:				270279273
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		1585 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
		BUSINESS PHONE:		212-761-0380

	MAIL ADDRESS:	
		STREET 1:		1585 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>a20-33770_1sc13ga.htm
<DESCRIPTION>SC 13G/A
<TEXT>


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<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED STATES</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="9" height="9" src="g337701bai001.gif"></font><b><font size="5" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington, D.C. 20549</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
<div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade align="center" style="color:black;"></div>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SCHEDULE 13G</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Under the Securities Exchange Act of 1934</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(Amendment No.&nbsp;1)*</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">MORGAN STANLEY DIRECT LENDING FUND</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Name of Issuer)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Common Stock, par value $0.001 per share</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Title of Class&nbsp;of Securities)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Not Applicable</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(CUSIP Number)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">September&nbsp;28, 2020</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Date of Event Which Requires Filing of this Statement) </font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 41.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check the appropriate box to designate the rule&nbsp;pursuant to which this Schedule is filed:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 77.1pt;text-indent:-35.1pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Rule&nbsp;13d-1(b)</p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 77.05pt;text-indent:-35.1pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Rule&nbsp;13d-1(c)</p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 42.0pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">x</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Rule&nbsp;13d-1(d)</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="1" width="25%" noshade align="left" style="color:black;"></div>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 6.0pt;text-indent:22.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">*</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160; </font>The remainder of this cover page&nbsp;shall be filled out for a reporting person&#146;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 6.0pt;text-indent:31.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The information required in the remainder of this cover page&nbsp;shall not be deemed to be &#147;filed&#148; for the purpose of Section&nbsp;18 of the Securities Exchange Act of 1934 (the &#147;Act&#148;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, <i>see the Notes).</i></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="border:none;border-collapse:collapse;">
<tr height="15" style="height:11.0pt;">
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<p style="margin:0in 0in .0001pt .45pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CUSIP   NO.: N/A</font></b></p>    </td>   </tr>
<tr height="47" style="height:35.0pt;">
<td width="7%" height="47" valign="top" style="border:solid black 1.0pt;border-top:none;height:35.0pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="92%" colspan="3" height="47" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:35.0pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NAME OF   REPORTING PERSON</font></b></p>
<p style="margin:0in 0in .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Morgan Stanley</font></p>    </td>   </tr>
<tr height="50" style="height:37.25pt;">
<td width="7%" height="50" valign="top" style="border:solid black 1.0pt;border-top:none;height:37.25pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="92%" colspan="3" height="50" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:37.25pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b>(a)&nbsp;<font face="Wingdings">o</font></p>
<p style="font-size:10.0pt;margin:0in .05in .0001pt 0in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b>(b)&nbsp;<font face="Wingdings">x</font></p>    </td>   </tr>
<tr height="45" style="height:33.5pt;">
<td width="7%" rowspan="2" valign="top" style="border:solid black 1.0pt;border-top:none;height:33.5pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">3</font></b></p>    </td>
<td width="92%" colspan="3" height="45" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:33.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SEC USE   ONLY</font></b></p>    </td>   </tr>
<tr height="17" style="height:12.5pt;">
<td width="92%" colspan="3" height="17" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:12.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt 3.3pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>    </td>   </tr>
<tr height="32" style="height:23.7pt;">
<td width="7%" height="32" valign="top" style="border:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="92%" colspan="3" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CITIZENSHIP   OR PLACE OF ORGANIZATION</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Delaware</font></p>    </td>   </tr>
<tr height="33" style="height:24.5pt;">
<td width="17%" colspan="2" rowspan="4" valign="top" style="border:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:17.1%;">
<p style="margin:0in 0in .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NUMBER   OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</font></b></p>    </td>
<td width="4%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="78%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SOLE   VOTING POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">0</font></p>    </td>   </tr>
<tr height="32" style="height:23.75pt;">
<td width="4%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6</font></b></p>    </td>
<td width="78%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SHARED   VOTING POWER</font></b></p>
<p style="margin:0in 0in .0001pt;text-indent:2.25pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993   shares of common stock</font></p>    </td>   </tr>
<tr height="33" style="height:24.5pt;">
<td width="4%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">7</font></b></p>    </td>
<td width="78%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SOLE   DISPOSITIVE POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">0</font></p>    </td>   </tr>
<tr height="32" style="height:23.7pt;">
<td width="4%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">8</font></b></p>    </td>
<td width="78%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SHARED DISPOSITIVE   POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993 shares of   common stock</font></p>    </td>   </tr>
<tr height="33" style="height:24.5pt;">
<td width="7%" height="33" valign="top" style="border:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">9</font></b></p>    </td>
<td width="92%" colspan="3" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">AGGREGATE   AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993   shares of common stock</font></p>    </td>   </tr>
<tr height="59" style="height:44.0pt;">
<td width="7%" height="59" valign="top" style="border:solid black 1.0pt;border-top:none;height:44.0pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">10</font></b></p>    </td>
<td width="92%" colspan="3" height="59" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:44.0pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CHECK   BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE   INSTRUCTIONS) </font></b><b><font face="Wingdings" style="font-weight:bold;">o</font></b></p>    </td>   </tr>
<tr height="41" style="height:30.5pt;">
<td width="7%" height="41" valign="top" style="border:solid black 1.0pt;border-top:none;height:30.5pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">11</font></b></p>    </td>
<td width="92%" colspan="3" height="41" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:30.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PERCENT   OF CLASS&nbsp;REPRESENTED BY AMOUNT IN ROW (11)</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.33%</font></p>    </td>   </tr>
<tr height="32" style="height:23.75pt;">
<td width="7%" height="32" valign="top" style="border:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">12</font></b></p>    </td>
<td width="92%" colspan="3" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">TYPE OF   REPORTING PERSON (SEE INSTRUCTIONS)</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CO, HC</font></p>    </td>   </tr>
<tr height="0">
<td width="56" style="border:none;"></td>
<td width="65" style="border:none;"></td>
<td width="29" style="border:none;"></td>
<td width="557" style="border:none;"></td>   </tr> </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">2<a name="PB_2_185937_7984"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\108202\20-33770-1\task9931827\33770-1-ba.htm',USER='108202',CD='Oct 19 20:06 2020' -->

<div style="page-break-before:always;"></div>
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="border:none;border-collapse:collapse;">
<tr height="15" style="height:11.0pt;">
<td width="100%" colspan="4" height="15" valign="top" style="border:solid black 1.0pt;height:11.0pt;padding:0in 0in 0in 0in;width:100.0%;">
<p style="margin:0in 0in .0001pt .45pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CUSIP   NO.: N/A</font></b></p>    </td>   </tr>
<tr height="47" style="height:35.0pt;">
<td width="7%" height="47" valign="top" style="border:solid black 1.0pt;border-top:none;height:35.0pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="92%" colspan="3" height="47" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:35.0pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NAME OF   REPORTING PERSON</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MS Holdings   Incorporated</font></p>    </td>   </tr>
<tr height="50" style="height:37.25pt;">
<td width="7%" height="50" valign="top" style="border:solid black 1.0pt;border-top:none;height:37.25pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="92%" colspan="3" height="50" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:37.25pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A   GROUP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b>(a)&nbsp;<font face="Wingdings">o</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b>(b)&nbsp;<font face="Wingdings">x</font></p>    </td>   </tr>
<tr height="45" style="height:33.5pt;">
<td width="7%" rowspan="2" valign="top" style="border:solid black 1.0pt;border-top:none;height:33.5pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">3</font></b></p>    </td>
<td width="92%" colspan="3" height="45" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:33.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SEC USE   ONLY</font></b></p>    </td>   </tr>
<tr height="17" style="height:12.5pt;">
<td width="92%" colspan="3" height="17" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:12.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt 3.3pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>    </td>   </tr>
<tr height="32" style="height:23.7pt;">
<td width="7%" height="32" valign="top" style="border:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="92%" colspan="3" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CITIZENSHIP   OR PLACE OF ORGANIZATION</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Delaware</font></p>    </td>   </tr>
<tr height="33" style="height:24.5pt;">
<td width="17%" colspan="2" rowspan="4" valign="top" style="border:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:17.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NUMBER   OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</font></b></p>    </td>
<td width="4%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="78%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SOLE   VOTING POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">0</font></p>    </td>   </tr>
<tr height="32" style="height:23.75pt;">
<td width="4%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6</font></b></p>    </td>
<td width="78%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SHARED   VOTING POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993 shares of   common stock</font></p>    </td>   </tr>
<tr height="33" style="height:24.5pt;">
<td width="4%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">7</font></b></p>    </td>
<td width="78%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SOLE   DISPOSITIVE POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">0</font></p>    </td>   </tr>
<tr height="32" style="height:23.7pt;">
<td width="4%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">8</font></b></p>    </td>
<td width="78%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SHARED   DISPOSITIVE POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993 shares of   common stock</font></p>    </td>   </tr>
<tr height="33" style="height:24.5pt;">
<td width="7%" height="33" valign="top" style="border:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">9</font></b></p>    </td>
<td width="92%" colspan="3" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">AGGREGATE   AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993   shares of common stock</font></p>    </td>   </tr>
<tr height="59" style="height:44.0pt;">
<td width="7%" height="59" valign="top" style="border:solid black 1.0pt;border-top:none;height:44.0pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">10</font></b></p>    </td>
<td width="92%" colspan="3" height="59" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:44.0pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CHECK   BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE   INSTRUCTIONS) </font></b><b><font face="Wingdings" style="font-weight:bold;">o</font></b></p>    </td>   </tr>
<tr height="41" style="height:30.5pt;">
<td width="7%" height="41" valign="top" style="border:solid black 1.0pt;border-top:none;height:30.5pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">11</font></b></p>    </td>
<td width="92%" colspan="3" height="41" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:30.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PERCENT   OF CLASS&nbsp;REPRESENTED BY AMOUNT IN ROW (11)</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.33%</font></p>    </td>   </tr>
<tr height="32" style="height:23.75pt;">
<td width="7%" height="32" valign="top" style="border:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">12</font></b></p>    </td>
<td width="92%" colspan="3" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">TYPE OF   REPORTING PERSON (SEE INSTRUCTIONS)</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CO</font></p>    </td>   </tr>
<tr height="0">
<td width="56" style="border:none;"></td>
<td width="65" style="border:none;"></td>
<td width="29" style="border:none;"></td>
<td width="557" style="border:none;"></td>   </tr> </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">3<a name="PB_3_190112_7056"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\108202\20-33770-1\task9931827\33770-1-ba.htm',USER='108202',CD='Oct 19 20:06 2020' -->

<div style="page-break-before:always;"></div>
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="border:none;border-collapse:collapse;">
<tr height="15" style="height:11.0pt;">
<td width="100%" colspan="4" height="15" valign="top" style="border:solid black 1.0pt;height:11.0pt;padding:0in 0in 0in 0in;width:100.0%;">
<p style="margin:0in 0in .0001pt .45pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CUSIP   NO.: N/A</font></b></p>    </td>   </tr>
<tr height="47" style="height:35.0pt;">
<td width="7%" height="47" valign="top" style="border:solid black 1.0pt;border-top:none;height:35.0pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="92%" colspan="3" height="47" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:35.0pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NAME OF   REPORTING PERSON</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MS Credit   Partners Holdings Inc.</font></p>    </td>   </tr>
<tr height="50" style="height:37.25pt;">
<td width="7%" height="50" valign="top" style="border:solid black 1.0pt;border-top:none;height:37.25pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="92%" colspan="3" height="50" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:37.25pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b>(a)&nbsp;<font face="Wingdings">o</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b>(b)&nbsp;<font face="Wingdings">x</font></p>    </td>   </tr>
<tr height="45" style="height:33.5pt;">
<td width="7%" rowspan="2" valign="top" style="border:solid black 1.0pt;border-top:none;height:33.5pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">3</font></b></p>    </td>
<td width="92%" colspan="3" height="45" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:33.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SEC USE   ONLY</font></b></p>    </td>   </tr>
<tr height="17" style="height:12.5pt;">
<td width="92%" colspan="3" height="17" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:12.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt 3.3pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>    </td>   </tr>
<tr height="32" style="height:23.7pt;">
<td width="7%" height="32" valign="top" style="border:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="92%" colspan="3" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CITIZENSHIP   OR PLACE OF ORGANIZATION</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Delaware</font></p>    </td>   </tr>
<tr height="33" style="height:24.5pt;">
<td width="17%" colspan="2" rowspan="4" valign="top" style="border:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:17.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NUMBER   OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</font></b></p>    </td>
<td width="4%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="78%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SOLE   VOTING POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">0</font></p>    </td>   </tr>
<tr height="32" style="height:23.75pt;">
<td width="4%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6</font></b></p>    </td>
<td width="78%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SHARED   VOTING POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993 shares of   common stock</font></p>    </td>   </tr>
<tr height="33" style="height:24.5pt;">
<td width="4%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">7</font></b></p>    </td>
<td width="78%" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SOLE   DISPOSITIVE POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">0</font></p>    </td>   </tr>
<tr height="32" style="height:23.7pt;">
<td width="4%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:4.04%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">8</font></b></p>    </td>
<td width="78%" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.7pt;padding:0in 0in 0in 0in;width:78.86%;">
<p style="margin:0in 0in .0001pt .3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SHARED DISPOSITIVE   POWER</font></b></p>
<p style="margin:0in 0in .0001pt 2.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993 shares of   common stock</font></p>    </td>   </tr>
<tr height="33" style="height:24.5pt;">
<td width="7%" height="33" valign="top" style="border:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">9</font></b></p>    </td>
<td width="92%" colspan="3" height="33" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:24.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">AGGREGATE   AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993   shares of common stock</font></p>    </td>   </tr>
<tr height="59" style="height:44.0pt;">
<td width="7%" height="59" valign="top" style="border:solid black 1.0pt;border-top:none;height:44.0pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">10</font></b></p>    </td>
<td width="92%" colspan="3" height="59" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:44.0pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CHECK   BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE   INSTRUCTIONS) </font></b><b><font face="Wingdings" style="font-weight:bold;">o</font></b></p>    </td>   </tr>
<tr height="41" style="height:30.5pt;">
<td width="7%" height="41" valign="top" style="border:solid black 1.0pt;border-top:none;height:30.5pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">11</font></b></p>    </td>
<td width="92%" colspan="3" height="41" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:30.5pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PERCENT   OF CLASS&nbsp;REPRESENTED BY AMOUNT IN ROW (11)</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.33%</font></p>    </td>   </tr>
<tr height="32" style="height:23.75pt;">
<td width="7%" height="32" valign="top" style="border:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:7.92%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">12</font></b></p>    </td>
<td width="92%" colspan="3" height="32" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:23.75pt;padding:0in 0in 0in 0in;width:92.08%;">
<p style="margin:0in 0in .0001pt .8pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">TYPE OF   REPORTING PERSON (SEE INSTRUCTIONS)</font></b></p>
<p style="margin:0in 0in .0001pt 2.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CO</font></p>    </td>   </tr>
<tr height="0">
<td width="56" style="border:none;"></td>
<td width="65" style="border:none;"></td>
<td width="29" style="border:none;"></td>
<td width="557" style="border:none;"></td>   </tr> </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">4<a name="PB_4_190427_5335"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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<div style="page-break-before:always;"></div>
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 1(a). Name of Issuer:</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Morgan Stanley Direct Lending Fund</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 1(b). Address of Issuer&#146;s Principal Executive Offices:</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 41.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1585 Broadway, New York, New York 10036</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 2(a). Name of Person Filing:</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 5.95pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This statement is being filed jointly on behalf of (i)&nbsp;Morgan Stanley, a Delaware corporation (&#147;MS Parent&#148;), (ii)&nbsp;MS Holdings Incorporated, a Delaware corporation (&#147;MS Holdings&#148;) and (iii)&nbsp;MS Credit Partners Holdings Inc., a Delaware corporation (&#147;MS Credit Partners&#148; and, collectively, the &#147;Reporting Persons&#148;). The Reporting Persons have entered into a joint filing agreement, dated as of March&nbsp;10, 2020, a copy of which is attached as Exhibit&nbsp;99.1 to the Reporting Persons&#146; initial filing on Schedule 13G with respect to the issuer&#146;s securities filed on March&nbsp;10, 2020.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 2(b). Address of Principal Business Office or, if None, Residence:</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 6.0pt;text-indent:35.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The address of the principal business office of each of MS Parent, MS Holdings, and MS Credit Partners is 1585 Broadway, New York, NY 10036.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 2(c). Citizenship:</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 41.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Delaware</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 2(d). Title of Class&nbsp;of Securities:</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 41.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Common Stock, par value $0.001 per share</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 2(e)&nbsp;CUSIP No:</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 41.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Not Applicable</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 3. If this Statement is Filed Pursuant to &#167;&#167;240.13d-1(b), or 240.13d-2(b)&nbsp;or (c), Check Whether the Person Filing is a:</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 59.95pt;text-indent:-24.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font>  <font style="position:relative;top:-.5pt;">Broker or dealer registered under Section&nbsp;15 of the Act (15 U.S.C. 78o);</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 59.95pt;text-indent:-24.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> Bank as defined in section 3(a)(6)&nbsp;of the Act (15 U.S.C. 78c);</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.0pt;text-indent:-24.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 59.95pt;text-indent:-23.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.0pt;text-indent:-24.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(e)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> An investment adviser in accordance with &#167; 240.13d-1(b)(1)(ii)(E);</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 59.95pt;text-indent:-23.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(f)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> An employee benefit plan or endowment fund in accordance with &#167; 240.13d-1(b)(1)(ii)(F);</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 59.95pt;text-indent:-23.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(g)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> A parent holding company or control person in accordance with &#167; 240.13d-1(b)(1)(ii)(G);</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.0pt;text-indent:-24.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(h)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> A savings association as defined in Section&nbsp;3(b)&nbsp;of the Federal Deposit Insurance Act (12 U.S.C. 1813);</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 76.1pt;text-indent:-40.1pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(i)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.0pt;text-indent:-24.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(j)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> A non-U.S. institution in accordance with &#167; 240.13d-1(b)(1)(ii)(J);</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">5<a name="PB_5_190623_5796"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 59.95pt;text-indent:-24.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-.5pt;">(k)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Wingdings">o</font> Group, in accordance with &#167; 240.13d-1(b)(1)(ii)(K).</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 6.0pt;text-indent:38.2pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If filing as a non-U.S. institution in accordance with &#167; 240.13d-1(b)(1)(ii)(J), please specify the type of institution:&nbsp;<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 4. Ownership.</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 6.0pt;text-indent:35.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 77.85pt;text-indent:-35.85pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(a)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Amount beneficially owned:</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 78.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993 shares of Common Stock</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 78.4pt;text-indent:-36.4pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(b)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Percent of class:</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 78.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.33 %</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 78.6pt;text-indent:-36.6pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(c)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Number of shares as to which such person has:</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 97.4pt;text-indent:-19.4pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Sole power to vote or to direct the vote</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 96.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">0</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 97.65pt;text-indent:-19.65pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(ii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Shared power to vote or to direct the vote</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 61.65pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993 shares of common stock</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 97.95pt;text-indent:-19.95pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(iii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Sole power to dispose or to direct the disposition of</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 96.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">0</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 97.4pt;text-indent:-19.4pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(iv)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Shared power to dispose or to direct the disposition of</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 61.4pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,658,210.993 shares of common stock</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 5. Ownership of Five Percent or Less of a Class.</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Not Applicable</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 6. Ownership of More than Five Percent on Behalf of Another Person.</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Not Applicable</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 7.</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">See Exhibit&nbsp;99.2 to the Reporting Persons&#146; initial filing on Schedule 13G with respect to the issuer&#146;s securities filed on March&nbsp;10, 2020</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 8. Identification and Classification of Members of the Group.</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Not Applicable</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 9. Notice of Dissolution of Group.</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Not Applicable</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 10. Certifications.</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:38.15pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In Accordance with the Securities and Exchange Commission Release No.&nbsp;34-39538 (January&nbsp;12, 1998) (the &#147;Release&#148;), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the &#147;MS Reporting Units&#148;) of Morgan Stanley and its subsidiaries and affiliates (collectively, &#147;MS&#148;). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">6<a name="PB_6_190949_2897"></a></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURE</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 6.0pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">After reasonable inquiry and to the best of my knowledge and belief,&nbsp;I certify that the information set forth in this statement is true, complete and correct.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MORGAN STANLEY</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: October&nbsp;19,   2020</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>    </td>
<td width="43%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Stefanie Chang Yu</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-1.0pt;">Name: </font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stefanie Chang Yu</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Authorized Person</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MS HOLDINGS   INCORPORATED</font></p>    </td>   </tr>
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<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: October&nbsp;19,   2020</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>    </td>
<td width="43%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Christopher H.   Norris</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-1.0pt;">Name: </font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Christopher H. Norris</font></p>    </td>   </tr>
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<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director and President</font></p>    </td>   </tr>
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<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.66%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MS CREDIT PARTNERS   HOLDINGS INC.</font></p>    </td>   </tr>
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<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: October&nbsp;19,   2020</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>    </td>
<td width="43%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Orit Mizrachi</font></p>    </td>   </tr>
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<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;position:relative;top:-1.0pt;">Name: </font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Orit Mizrachi</font></p>    </td>   </tr>
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<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Executive Officer</font></p>    </td>   </tr>  </table>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">7<a name="PB_7_191421_3020"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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