---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-102793"
form_type: "8-K"
ticker: null
cik: "0001742313"
company_name: "Monroe Capital Income Plus Corp"
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T10:54:04.781014+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Monroe Capital closes $251M asset-backed securitization with Class A, B, and sub notes

## Summary
- Issued $160.75M Class A notes (benchmark + 3.50%), $25.1M Class B notes (11.16%), and $65.3M sub notes (non-interest bearing) due 2033.
- Proceeds used to purchase portfolio investments from the company and its warehouse subsidiary, repaying existing warehouse debt.
- Monroe BDC Advisors serves as collateral manager and waived its fee; Subordinated Notes retained to satisfy risk retention requirements.
- Securitization backed by a diversified pool of middle market loans, recurring revenue loans, and participation interests managed by Monroe BDC Advisors.
- During reinvestment period through Oct 2025, principal collections may be used to buy new collateral under the collateral manager's direction.

## SEC filing metadata
- accession: 0001104659-23-102793
- form_type: 8-K
- cik: 0001742313
- company_name: Monroe Capital Income Plus Corp
- filed_at: 2023-09-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1742313/000110465923102793/0001104659-23-102793-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1742313/000110465923102793/tm2326538d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-102793
- JSON: https://secwatch.observer/filing/0001104659-23-102793.json
- Plain text: https://secwatch.observer/filing/0001104659-23-102793.txt

## Key facts
- Debt Financings
  Monroe Capital Income Plus Corp incurred debt of $65,319,000 of Subordinated Notes at do not bear interest maturing September 22, 2033.
  - Principal: $65,319,000 of Subordinated Notes
  - Rate: do not bear interest
  - Maturity: September 22, 2033
  - Event: incurrence
  source text: the 2023 Issuer also issued $65,319,000 of Subordinated Notes, which do not bear interest (the “Subordinated 2023 Notes”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1742313/000110465923102793/0001104659-23-102793-index.htm
- Debt Financings
  Monroe Capital Income Plus Corp incurred senior notes of $25,100,000 of Class B Senior Secured Notes with Jefferies LLC at 11.16% maturing September 22, 2033.
  - Instrument: senior notes
  - Principal: $25,100,000 of Class B Senior Secured Notes
  - Counterparty: Jefferies LLC
  - Rate: 11.16%
  - Maturity: September 22, 2033
  - Event: incurrence
  source text: in the 2023 Asset-Backed Securitization consist of $160,750,000 of Class A Senior Secured Notes, which bear an interest at the benchmark plus 3.50% (the “Class A Notes”) and $25,100,000 of Class B Senior Secured Notes, which bear interest at 11.16% (the “Class B Notes” and collectively with “Class A Notes”, the “Secured 2023 Notes”). The 2023 Issuer also issued
  evidence_url: https://www.sec.gov/Archives/edgar/data/1742313/000110465923102793/0001104659-23-102793-index.htm
- Debt Financings
  Monroe Capital Income Plus Corp incurred senior notes of $160,750,000 of Class A Senior Secured Notes with Jefferies LLC at benchmark plus 3.50% maturing September 22, 2033.
  - Instrument: senior notes
  - Principal: $160,750,000 of Class A Senior Secured Notes
  - Counterparty: Jefferies LLC
  - Rate: benchmark plus 3.50%
  - Maturity: September 22, 2033
  - Event: incurrence
  source text: certain of the notes to be issued pursuant to an indenture as part of the 2023 Asset-Backed Securitization. The notes offered in the 2023 Asset-Backed Securitization consist of $160,750,000 of Class A Senior Secured Notes, which bear an interest at the benchmark plus 3.50% (the “Class A Notes”) and $25,100,000 of Class B Senior Secured Notes, which bear interest at
  evidence_url: https://www.sec.gov/Archives/edgar/data/1742313/000110465923102793/0001104659-23-102793-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.