Bain Capital Private Credit

CIK 0001899017Bain Capital

Bain Capital Private Credit is a non-traded business development company advised by Bain Capital. With $1.7 billion in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 94% in first-lien senior secured loans and 94% floating-rate, at a weighted-average spread of 528 bps over the base rate.

NAV/Share

$25.98

AUM

$1.7B

Positions

412

Strategy

Private Credit

Wtd. Avg. Coupon

9.4%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.9 yrs

96% coverage

Top 10 Concentration

17.2%

Instrument type

Share of portfolio fair value

First Lien

89%

of fair value

First Lien Senior Loans88.8%

Second Lien Loans0.8%

Unsecured Loans4.5%

Structured Credit2.0%

Equity3.5%

Fund Vehicles0.3%

Industry exposure

Share of holdings fair value

Top 5

98%

of holdings

Health Care5.2%

Materials2.4%

Industrials1.8%

Consumer Discretionary0.8%

Communication Services0.8%

Financials0.7%

Other0.6%

Consumer Staples0.2%

Unknown87.7%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

8.6%