This chapter explains the common structure of first-line senior secure term loans with or without warrants. It covers deal size, asset security, fees, coupon rates, and their strategy of seeking equity upside participation through warrants.
Expert View Series: Reorg Senior Private Credit Reporter Lucía Camblor speaks to Oaktree’s managing director, Aman Kumar, about direct lending in the life science sector, public-to-private transaction opportunities and Oaktree’s own private credit strategy.
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