Loan Pricing
Track new issue spreads and “market clearing” levels.
Coupon = max(Base, Floor) + Spread. All-in Yield = annualized IRR from the generated cash-flows (includes OID, fees, exit, PIK, amortization, and optional prepay).
All-in Coupon
–
Upfront Proceeds (net OID & upfront)
–
All-in Yield (IRR, annual)
–
MOIC
–
Total Interest
–
Total Fees (OID + Upfront + Exit)
–
# | Month | Cash Flow | Note |
---|