TRANSACTION TYPE:

• Acquisition Financings
• Growth Financings
• Leveraged Buyouts
• Recapitalizations
• Special Dividends

INSTRUMENTS:

• Subordinated Debt
• Preferred Securities
• Equity Co-Investments

TERM:

3 to 7 years

SECURITY:

Secured or Unsecured

BORROWER:

Operating or Holding Company

COUPON

• Typically 12%-15%
• Ability to PIK 100% of coupon

AMOUNT:

• Targeted Hold - $20 to $50 million