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Direct Lending

Financing Solutions for Companies and Sponsors

Guggenheim’s Corporate Credit team provides companies with access to capital that can help sustain and grow their businesses. We have an established track record as a direct lender and are a leading investor in the bank loan and high yield bond markets. In 2015 alone, we invested $7.1 billion in bank loans and an additional $5.1 billion in high yield bonds and bridge loans.

 

With new regulation reshaping the banking landscape, smaller companies are facing a volatile lending market. Guggenheim’s $65+ billion corporate credit platform provides us with the resources and relationships with management teams, financial sponsors and capital markets professionals to actively drive deal solutions in the new banking environment.

For more information about our direct lending capabilities please contact us.

Debt financing solutions from $30 to $500 million across the yield spectrum

In 2015, Guggenheim led or anchored over 78 transactions, primarily in the middle market, investing over $3.9 billion across 1st lien, 2nd lien and unitranche structures. A sampling of recent direct and anchor transactions is listed below.

Date Company Guggenheim Investment/Commitment Description
FIRST LIEN
Dec-15 Commercial Window Manufacturer $90,000,000 Bespoke private first lien term loan, that sits aside a high yield bond, to support an acquisition
Oct-15 Dental Services Provider $125,000,000 Anchor order to support the Sponsor’s LBO of a national dental services provider
Oct-15 Large Scale Renewable and Clean-Energy Provider $125,000,000 Anchor order to support a refinancing of the Company’s project-level debt and other existing debt
FIRST LIEN & SECOND LIEN
Dec-15 Higher Education Software Provider $130,000,000 Anchor order for a first and second lien add-on facility to support an acquisition by the Company
Nov-15 Polyethylene Film Producer $160,000,000 Sole underwriter of a direct add-on to an existing syndicated deal to support the company’s acquisition
UNITRANCHE
Dec-15 Manufacturer and Supplier of Aerospace Components £47,000,000 Sole lender of a unitranche facility to support the Sponsor’s LBO of the UK based company


Guggenheim’s Direct Lending Capabilities: Broad Expertise Across Lien Type, Industry and Deal Size

Past Investment by Lien Type1

Past Investment by Lien Type

Past Investment by Industry

Past Investment by Industry

 

Past Investment by Deal Size2

Past Investment by Deal Size

1 Based on % of invested capital through 12.31.2015

2 Based on Guggenheim investment in recent deals (last 4 years through 12.31.2015)

The information herein has been prepared by Guggenheim Partners Investment Management, LLC and its affiliate Guggenheim Partners (Europe) Limited for informational purposes only and is not an offer to buy or sell, or a solicitation of an offer to buy or sell, any security or fund interest.

 




Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.

Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC ("Guggenheim"), which includes Security Investors, LLC ("SI"), Guggenheim Funds Investment Advisors, LLC, ("GFIA") and Guggenheim Partners Investment Management ("GPIM") the investment advisers to the referenced funds. Securities offered through Guggenheim Funds Distributors, LLC, an affiliate of Guggenheim, SI, GFIA and GPIM.

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