medium · Private Credit & Debt loan-structures-instruments
A $100 million unitranche facility has a SOFR + 650 bps blended rate.
If it was structured traditionally with $70 million of senior debt at SOFR + 500 bps, what is the implied rate on the remaining $30 million 'junior' component?
- SOFR + 800 bps
- SOFR + 750 bps
- SOFR + 1150 bps
- SOFR + 1000 bps
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