Investor Presentaiton
Strong Credit Performance and Proactive Monitoring (1)
CATEGORY
Clear (1)
CREDIT RATINGS
FAIR VALUE
% OF DEBT INVESTMENT
# OF PORTFOLIO COMPANIES
$81,225
19.1%
69.3%
4
20
9.5%
3
1.6%
1
0.5%
1
100.0%
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White (2)
$293,911
Yellow (3)
$40,163
Orange (4)
$6,886
Red (5)
$2,211
$424,396
Weighted average investment ranking as of March 31, 2019: 1.95
CREDIT RATINGS DEFINITIONS
Clear
Performing above expectations and/or strong financial or enterprise profile, value or coverage.
White
Yellow
Orange
Red
Performing at expectations and/or reasonably close to it. Reasonable financial or enterprise profile, value or coverage.
Generally all new loans are initially graded White.
Performing generally below expectations and/or some proactive concern. Adequate financial or enterprise profile, value or
coverage.
Needs close attention due to performance materially below expectations, weak financial and/or enterprise profile, concern
regarding additional capital or exit equivalent.
Serious concern/trouble due to pending or actual default or equivalent. May experience partial and/or full loss.
(1) Debt investment figures based on fair value as of March 31, 2019. Dollar amounts in thousands.
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