other material
confidence high
sentiment neutral
materiality 0.60
SLR Investment Corp. forms $100M joint venture SLR Senior Lending Program with Sunstone Senior Credit L.P.
SLR Investment Corp.
- SLR Investment Corp. and Sunstone Senior Credit L.P. each commit $50M initial equity to SLR Senior Lending Program LLC.
- SSLP will invest primarily in senior secured cash flow loans and intends to use third-party leverage.
- Investment decisions require approval from both parties; funding expected to begin before year-end 2022.
- The joint venture has total equity commitments of $100M.