Private Debt is private placement fixed income investments typically for institutional investors.

Investment Grade Private Placement Debt

Investment grade private placement debt investments are senior secured loans made to mid-sized private and public companies having:

• An established product or service
• Proven profitability and prospects for continued financial success
• Sustainable debt service and asset coverage ratios
• Proven and reputable management team

Benefits of Private Debt Investment

Investment grade private placement investments provide a higher rate of return and lower volatility than comparable quality public market fixed income investments.

• Substantial yield enhancement
• Monthly income
• Full transparency
• Monthly mark-to-market
• Reduced volatility
• Covenants and security minimize downside risk
• Direct relationship with borrower
• No derivatives

Uses of Private Debt

Typical applications of private corporate debt include:

• Refinancing or consolidation existing debt 
• Financing expansion 
• Building, expanding or modernizing a plant or facility 
• Funding a merger or acquisition 
• Purchasing new machinery or equipment