Crescent Capital Bdc, Inc. · NASDAQ:CCAP
Crescent Capital Bdc — Merger or Acquisition (October 2020)
9 slides from Crescent Capital Bdc's merger presentation, Oct 22, 2020
Slide 1: Investor Presentation October 2020
Investor Presentation October 2020 Exhibit 99.2
Slide 2: Disclaimer and Forward-Looking Statement
Disclaimer and Forward-Looking Statement This presentation (the “Presentation”) has been prepared by Crescent Capital BDC, Inc. (together with its consolidated subsidiaries, “CCAP,” “Crescent BDC” or the “Company”) and may be used for informational purposes only. This Presentation contains summaries
Slide 3: Sun Life to Acquire Crescent Capital Group
Sun Life to Acquire Crescent Capital Group Management of Crescent Capital BDC, Inc. to Continue with Same Team, Greater Resources On October 21, 2020, Crescent Capital Group LP (“Crescent”), parent of the Advisor1 to Crescent Capital BDC, Inc. (“CCAP”), and Sun Life Financial Inc. (together with its
Slide 4: Transaction Summary
Transaction Summary Key Transaction Terms Sun Life to acquire a majority interest in Crescent Sun Life will own a 51% economic interest in Crescent upon closing of the transaction Sun Life committing co-investment/seed capital of $750 million to Crescent Transaction includes put/call options to acqu
Slide 5: Transaction Overview – Crescent Platform Enhanced by Sun Life's Scale, Resources and Global Footprint
Transaction Overview – Crescent Platform Enhanced by Sun Life’s Scale, Resources and Global Footprint Reflects deployment across Crescent’s Mezzanine, Direct Lending and European Specialty Lending strategies. Crescent Over 25-year track record of prioritizing capital preservation and high current in
Slide 6: CCAP Key Highlights
As of June 30, 2020. Based on net asset value per share of $18.12 as of June 30, 2020. Past performance is not a guarantee of future results. CCAP Key Highlights CCAP is core to the Crescent franchise Leverages size and scale of broader Crescent platform SEC co-investment exemptive relief with Cresc
Slide 7: Sun Life Platform and SLC Management
Sun Life is a leading global financial services organization providing insurance, wealth and asset management solutions to individuals and corporate clients The Sun Life Platform Company Profile Founded: 1865 Employees: 40,000+ Principal Office: Toronto, Canada Operations in 27 markets globally $1.1
Slide 8: Benefits for Crescent
Benefits for Crescent Crescent has been an industry leader in the below-investment grade market for over 25 years. Coupling Crescent’s longstanding experience in private credit origination and underwriting with Sun Life’s global scale and platform creates a compelling combination. Providing access t
Slide 9: Continuity for CCAP Stockholders
Continuity for CCAP Stockholders Team The team that manages CCAP will remain in place Crescent to maintain complete autonomy on investing and operational processes Strategy Strategy remains unchanged – will continue to seek to maintain a high-quality, highly diversified investment portfolio, with em
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