BDCs

BDC Quick Recap: Stone Point Capital Credit as of December 31st, 2022

Stone Point Capital Credit filed its earnings yesterday and data was available in SOLVE’s BDC workstation within minutes. Here is a quick recap of the credit stats for Stone Point Capital Credit for the three-month period ended Dec. 31st, 2022.

Portfolio Stats

FMV $1.69B
# of Investments 138
Total unused commitments to extend financing $210.25M
Portfolio Companies 66

Portfolio Composition

First Lien 83.00%
Second Lien 11.30%
Equity and Other 5.70%

Source: SOLVE Fixed Income, Stone Point Capital Credit

Portfolio Credit Quality

Non-Accruals Cost $0.0M
# of Non-Accruals 0
# of Portfolio at Cost 0.00%
New Non-Accruals N/A

Source: SOLVE Fixed Income, Stone Point Capital Credit

Select New Originations

Company Investment Type Industry Cost Maturity Coupon
Williams Martson LLC First Lien Term Loan Professional Services $15.4M 8/25/2028 S+575
CNSI Holdings LLC First Lien Term Loan Health Care Providers Services $14.6M 12/3/2029 S+650
Neptune BidCo US Inc Second Lien Term Loan IT Services $12.1M 10/11/2029 S+975

Source: SOLVE Fixed Income, Stone Point Capital Credit

Exits & Sales

Company Investment Type Industry Net Proceeds Maturity Coupon
Keystone Acquisition Corp First Lien Term Loan Health Care Providers Services $16.3M 1/26/2029 L+575
Heights Buyer LLC First Lien Term Loan Professional Services $15.5M 8/25/2028 L+575
Broadstreet Partners Unsecured Note Insurance $3.0M 4/15/2029

Source: SOLVE Fixed Income, Stone Point Capital Credit

Interested in learning more about SOLVE’s BDC data? Email sales@solvefixedincome.com, or Request a Trial to learn more.

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