Corporate Private Credit

Investment Size

$5M - $50M

Enterprise Value

$25M+

Average Term

1-5 Years

Geography

Global

Strategy Description

Arena’s Corporate Private Credit team seeks to originate debt investments in privately-held middle market businesses across a variety of industries.

  • Aerospace & Defense
  • Business Services
  • Consumer
  • Education
  • Energy
  • Entertainment
  • Financial Services
  • Government Services
  • Healthcare Services
  • Industrials
  • Legal Claims
  • Manufacturing
  • Media
  • Software
  • Specialty Finance
  • Sports
  • Technology
  • Telecom
  • Transportation & Logistics

In addition to direct originations, Arena actively co-invests in transactions with other lenders.

All investments support buyouts, acquisitions, recapitalizations, refinancing and growth financings. Arena provides speed of execution, and its flexible capital allows for “out of the box” creative structures to meet borrowers’ financing needs.

Underwriting Ability

Rather than specifically underwriting against an absolute level of EBITDA, Arena seeks to understand the revenue, assets (non-traditional) and overall enterprise value.

Sponsorship

Private equity sponsors, independent sponsors, directly with management and owners of assets (companies, hard assets / intangible assets and options)

Investment Structures

  • Unitranche
  • 1st Lien Term Loans
  • 2nd Lien Term Loans
  • Preferred Equity
  • Royalties
  • Fund/NAV Based Loans
  • Joint Venture
  • Mezzanine Loans
  • Venture Loans
  • DIPs & Exit Financings
  • Common Equity
  • Cash Flow or Non-Traditional ABL

Sample Transactions

ArenaFinCo-Corporate-Private-Credit-2019-04-09

1st Lien Senior Secured Term Loan

 

Biotechnology

Lawrenceville, NJ


December 2018

$2,500,000

ArenaFinCo-Corporate-Private-Credit-2019-04-09

2nd Mortgage Senior Secured Term Loan

 

Security & IT Services

New Zealand


November 2018

NZ$25,000,000

ArenaFinCo-Corporate-Private-Credit-2019-04-09

1st Lien Senior Secured Term Loan

 

Joint Venture

Burlington, MA


December 2018

$1,875,000

ArenaFinCo-Corporate-Private-Credit-2019-04-09

1st Lien Senior Secured Term Loan

 

Joint Venture

San Mateo, CA


December 2018

$4,000,000

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