Monroe Capital Corporation announced that it originated $81 million in new investment commitments during Q4/12. Of these commitments, approximately $78.6 million were funded investments. These investments were made among 16 different portfolio companies and included one add-on investment with an existing borrower.
Approximately 65.6% of the new funded investments were unitranche loans, 19.1% were senior secured investments, 14.9% were junior secured investments and 0.3% was equity securities. Overall, total funded investments in portfolio companies at par value increased by $66.7 million during Q4/12 after factoring in debt repayments. As of December 31, 2012, the company’s portfolio consisted of approximately $134.3 million par value of funded investments among 28 different portfolio companies.
“December was a very active month for new originations, as many borrowers sought to complete transactions before the end of the year,” commented Theodore L. Koenig, president and CEO of Monroe Capital Corporation. “Our pipeline remains robust and we expect continued strong deal flow in 2013.”
Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and unsecured debt and equity investments in middle-market companies.
Monroe Capital LLC is a private investment firm providing senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada.