Gov't Contractor Financier Senior Secured Term Notes Token

PC147


Price
$1.00 USD (0%)

24h Volume
0.00

Market Cap
$122,000,000

Last Trade
March 30, 2025

Last Trade
March 30, 2025
Gov't Contractor Financier Senior Secured Term Notes logo

PC147 Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $150,000,000 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $1,000,000 USD
Accepted Investors International Non-US
Exemptions N/A
Instrument Private Credit
Token Issuance Info N/A

Token Information

Price Per (PC147) $1 USD (0%)
Token Issuance Platform Tradable
Secondary Marketplace Tradable
Blockchains Available On ZKSync Era
Security Type Fixed Income
Asset Class Private Credit
Ratings -
Token Rights N/A

About

Overview

The Company offers asset-backed revolving lines of credit and term loans to finance small and medium sized businesses which are fulfilling U.S. federal government contracts and subcontracts. ~60% of the portfolio consists of revolving line of credit receivables, which turn over their balance on average every 2-3 months as work orders are completed and billed. The other 40% of the portfolio consists of term loans, which are cash flow loans for terms up to 5 years, underwritten to contracts with the U.S. federal government.

Highlights

Details

  • Total Deal Size: $150M
  • Target Net Returns: 8.94%
  • Term: 3 yrs
  • Min Investment: $1M
  • Type: Debt
  • Rate Type: Floating
  • Maturity Date: Mar 29, 2027
  • Capital Call Type: Drawdown
  • Onchain Capital Call Type: Prefund
  • Day 1 Draw: $60M

Rates

  • Cash Interest Rate: 9.75–11%

Fees

  • Management Fee: 0%
  • Performance Fee: 0%
  • Expense Fee: 0%
  • Origination Fee: 2%