SSLP Closes $625 Million in Commitments During Q3/12
The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital and an affiliate of GE Capital, announced that it closed five financing commitments totaling $625 million, including two refinancing transactions of existing portfolio companies, during the third quarter of 2012. Since January 1, 2010, the SSLP has committed approximately $7.9 billion to middle-market borrowers.
Below is a brief description of two of the recent SSLP transactions.
The Senior Secured Loan Program was formed in December 2007 to invest in the senior secured debt of middle-market companies.