<link rel="alternate" hreflang="en-us" href="https://www.prudentialprivatecapital.com/perspectives/2022-mid-year-review"> <link rel="alternate" hreflang="en-gb" href="https://www.pricoaprivatecapital.com/perspectives/2022-mid-year-review"> <link rel="canonical" href="https://www.prudentialprivatecapital.com/perspectives/2022-mid-year-review" />
We are excited to introduce ourselves to you and our unique way of working together. In order to provide you with the optimal experience, how would you describe yourself?
Our website requires features that may not be fully supported by your current browser. Please try an other one.
Jul 29, 2022

2022 Mid-Year Review

In the first half of 2022, we provided nearly $10.0 billion of senior debt and junior capital to more than 140 middle-market companies and projects, marking a record first-half origination level for our firm. Our strong origination activity, with both new and existing borrowers, affirms our focus on building long-term, local relationships that endure through economic cycles.

We are pleased to share some 2021 highlights:

  • $8.4 billion of investment-grade investments, $1.3 billion of below investment grade investments; $190 million of mezzanine and private equity investments.
  • 56 new issuers across a range of industries added to the portfolio and over 100 existing borrowers returned for further funding.
  • $6.8 billion in Global Corporate Finance investments across North America, the UK, Europe, Latin America, and Australasia, including a green shelf facility draw with existing partner Xior Student Housing in Belgium, funding investments under the Company’s green financing framework.
  • $2.6 billion in Real Assets investments, including energy, power, infrastructure, and credit tenant lease financing, including a €180 million direct origination for Autopistas del Atlántico Concesionaria Espanola, S.A., which holds the concession agreement for the AP-9, a 220 km highway across Galicia, Spain.
  • $190 million invested across 12 mezzanine investments, including our first mezzanine investment in Latin America.
  • Over $720 million in Direct Lending transactions, across 16 transactions.
"Prudential's thoughtful approach to understanding our business, combined with their creativity and nimbleness in execution, establishes a great foundation for a long-term partnership."

Brett Asnas, CFO, Safehold

As we enter the second half of 2022, we look forward to continue building enduring relationships and providing the capital and confidence our partners need to achieve their most ambitious goals.

Prudential is authorized to transact business in all U.S.states and the District of Columbia. Product availability varies by state and country. Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. © Copyright 2021 Prudential Financial, Inc., Newark,NJ USA. All rights reserved. Prudential Financial is a service mark of The Prudential Insurance Company of America, Newark, NJ, and its affiliates. Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. Your personal information may be stored and processed in any country where PGIM has facilities or in which we engage service providers and if you provide Personal Information to us you consent to the transfer of that information to countries outside your country of residence, including the United States, which may have different data protection rules than those of your country.