Direct lending: worked deal packs
Most private credit goes to private companies, whose documents are never public. These packs show what those documents look like and what an agent does with each one.
SAMPLE: fictional company, illustrative figures. Not a real borrower, deal or lender group.
- Direct lendingProject Meridian: Healthcare services unitrancheSponsor-backed, about $40m EBITDA, maintenance leverage covenant.
- Direct lendingProject Lattice: Software recurring revenue loanVertical SaaS, sized on ARR, converts to EBITDA tests later.
- ABFEquipment-lease warehouse: ABF borrowing baseEquipment-lease receivables, monthly borrowing base certificate.
Terms are set to sit inside ranges published by the market sources cited on each pack. Figures are illustrative and internally consistent; they are not market data. For public-filing examples see worked examples.