Principal Financial Group Inc · NASDAQ:PFG
Principal Financial — Investor Presentation (July 2026)
16 slides from Principal Financial's investor presentation, July 2026
Slide 1: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Principal Direct Lending has closed on over $4.7 billion in commitments since its launch in mid 2020, demonstrating its commitment to middle market private credit. M&A Financing M&A Financing Facility Upsize Add -on Acquisition Lead Arranger
Slide 2: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Refinancing Leveraged Buyout Facility Upsize Refinancing Sole Lender Documentation Agent Documentation Agent Documentation Agent April 2026 April 2026 March 2026 March 2026 Refinancing Refinancing Add -on Acquisition Leveraged Buyout Sole Len
Slide 3: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Leveraged Buyout Leveraged Buyout Facility Upsize Leveraged Buyout Administrative Agent Sole Lender Sole Lead Arranger Documentation Agent January 2026 December 2025 November 2025 November 2025 Add -on Acquisition Facility Upsize M&A Financin
Slide 4: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Leveraged Buyout Add -on Acquisition Facility Upsize Leveraged Buyout Joint Lead Arranger Sole Bookrunner Sole Lender August 2025 July 2025 July 2025 July 2025 Undisclosed Senior Credit Facility Leveraged Buyout Add -on Acquisition Dividend R
Slide 5: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Growth Financing Leveraged Buyout M&A Financing Leveraged Buyout Administrative Agent Documentation Agent Documentation Agent Sole Lender January 2025 January 2025 January 2025 December 2024 Acquisition Financing Add -on Acquisition Add -on A
Slide 6: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Add -on Acquisition Leveraged Buyout Facility Upsize Add -on Acquisition Documentation Agent Documentation Agent Documentation Agent September 2024 August 2024 August 2024 August 2024 Add -on Acquisition Add -on Acquisition M&A Financing Add
Slide 7: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Leverage Buyout Facility Upsize Amendment Add -on Acquisition Administrative Agent Joint Lead Arranger Documentation Agent Documentation Agent May 2024 April 2024 April 2024 April 2024 Senior Credit Facility Senior Credit Facility Add -on Acq
Slide 8: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Refinancing Existing Debt Add -on Acquisition Amendment M&A Financing Co -Lead Arranger Joint Lead Arranger November 2023 November 2023 November 2023 November 2023 Add -on Financing Leverage Buyout Facility Upsize Leverage Buyout Joint Lead A
Slide 9: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Leveraged Buyout Add -on Acquisition Refinance Add -on Acquisition Co -Documentation Agent Sole Lead Arranger Joint Lead Arranger July 2023 July 2023 July 2023 July 2023 Leveraged Buyout Add -on Acquisition Add -on Acquisition Leveraged Buyou
Slide 10: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Add -on Acquisition Add -on Acquisition Strategic Investment Acquisition Financing Administrative Agent Administrative Agent Documentation Agent Joint Lead Arranger January 2023 February 2023 February 2023 January 2023 Acquisition Financing A
Slide 11: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Add -on Acquisition Leveraged Buyout Add -on Acquisition Leveraged Buyout Sole Lead Arranger October 2022 September 2022 September 2022 September 2022 Acquisition Finance Leveraged Buyout Leveraged Buyout Majority Investment Administrative Ag
Slide 12: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Leveraged Buyout Leveraged Buyout Leveraged Buyout Add -on Acquisition Documentation Agent Joint Lead Arranger Joint Lead Arranger July 2022 June 2022 June 2022 June 2022 Leveraged Buyout Leveraged Buyout Add -on Acquisition Leveraged Buyout
Slide 13: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Regional Commercial Landscaper Leveraged Buyout Management Buyout Leveraged Buyout Add -on Acquisition Agent Joint Lead Arranger January 2022 December 2021 December 2021 December 2021 Add -on Acquisition Leveraged Buyout Leveraged Buyout Add
Slide 14: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Add -on Acquisition Leveraged Buyout Acquisition Financing Leveraged Buyout Documentation Agent Joint Lead Arranger October 2021 October 2021 September 2021 August 2021 Leveraged Buyout Recapitalization Recapitalization Add -on Acquisition Do
Slide 15: Principal Alternative Credit Middle Market Direct Lending
Principal Alternative Credit Middle Market Direct Lending Add -on Acquisition Recapitalization Add -on Acquisition Add -on Acquisition Documentation Agent May 2021 May 2021 April 2021 April 2021 c c Leveraged Buyout Add -on Acquisition Add -on Acquisition Leveraged Buyout Documentation Agent March 2
Slide 16: For financial professional/institutional use only in the U.S.
For financial professional/institutional use only in the U.S. May not be used with the public. Investment criteria/guidelines are subject to change. Investing involves risk, including possible loss of principal. Investme nts in private debt, including leveraged loans, middle market loans, and mezzan
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