https://www.prudentialprivatecapital.com/perspectives/2023-mid-year-review
https://www.pricoaprivatecapital.com/perspectives/2023-mid-year-review
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2023 Mid-Year Review
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In the first half of 2023, we provided nearly $6.7 billion of senior debt and junior capital to more than 120 middle market companies and projects.
Prudential Private Capital has continued to support our partners with flexible, long-term capital, in spite of volatile markets. As a result, we provided nearly $6.7 billion of senior debt and junior capital to over 120 middle-market companies and projects globally in the first half of 2023.
We are pleased to share some 1H23 highlights:
- Worked with over 120 partners, totaling nearly $6.7 billion invested worldwide
- 51 partners across a range of industries worked with us for the first time, and 78 existing borrower companies returned for further funding
- $3.7 billion in Global Corporate Finance investments across North America, the U.K., Europe, Latin America and Australasia
- $1.9 billion in real assets sectors across energy, power, infrastructure, credit tenant lease financing, and structured credit, including direct transactions with a toll road operator in Spain and a pipeline operator in Colombia
- $352 million of mezzanine investments, including 2 new energy mezzanine transactions
- Over $1.4 billion in Direct Lending transactions, across more than 30 transactions, including the first direct lending transaction in the Netherlands, providing Continental Candy Industries, a European private label producer of confectionery products, with financing to support the Company’s growth strategy
Select Transactions:
We look forward to continue supporting our borrowers and being a long-term source of capital in a time where other sources of financing have become more scarce.
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July 12, 2023
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