medium · Private Credit & Debt documentation-covenants-terms
An investor evaluates a secondary loan for BlueChip Logistics trading at 95 with 4 years remaining to maturity. The coupon is SOFR + 550 (SOFR = 4%).
What is the annualized 'pull-to-par' component of the yield?
- 1.25%
- 1.32%
- 1.00%
- 5.26%
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