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Middle Market
Additional Information
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Direct Origination
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| Deal Sources |
Direct company calling effort
Middle market private equity funds
Investor Community |
| NewStar’s Role |
Provide full or partial underwriting
Lead or assist in syndication effort
Offer value-added senior or second lien facilites in proprietary situations, instead of simply providing capital |
| Target Company |
EBITDA of $5 to $30 million
Single B or better |
| Target Commitment |
Up to $100 million – Underwrite
Up to $35 million – Hold |
| Execution |
NewStar will underwrite up to $50 million of a transaction and find a partner to underwrite additional capital if needed
NewStar will syndicate down to desired hold level
Characteristics include direct access to management, due diligence, significant input on structure and wholesale pricing
NewStar can provide fully underwritten senior debt financings and take a leadership role in structuring and syndicating the senior debt |
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