The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.

Facility

Ivy Hill Asset Management, L.P unsecured or subordinated term loan

unsecured or subordinatedoff every schedule since Mar 31, 2023
Principal held
at least $438M
sum of BDC pieces, a lower bound
Fair value
$438M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+650 bp
modal across pieces
PIK
none stated
Maturity
Jan 1, 2030
html_schedule
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
4 quarters
Dec 31, 2021 to Mar 31, 2023
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
LenderStatusPrincipalFair valueSpreadHeld
ARES CAPITAL CORP
ARES CAPITAL MANAGEMENT LLC
exited$438M$438M
100c
650 bpDec 31, 2021 to Mar 31, 2023
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Mar 31, 20231$438M100c650 bpJan 1, 2030
Dec 31, 20221$500M100c650 bp
Sep 30, 20221$436M100c650 bpMay 1, 2023
Dec 31, 20211$16.0M100c650 bpMay 1, 2023
What changed on this facility
position and facility grain, including routine
  • Facility left every BDC schedule Mar 31, 2023
    Ivy Hill Asset Management, L.P term loan (unsecured or subordinated) left every BDC schedule after 2023-03-31 (1 lender, $438.0M last held)
Other pieces of this borrower's structure
How this facility is known
Grain
Ivy Hill Asset Management, L.P x unsecured or subordinated term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
Size
lower bound: sum of BDC piecesderived
Status
unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
Origin
bdc tapereported