Ivy Hill Middle Market Credit Fund

Deals

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
N-1-UU	BCP	709.970	-	NI	XXX	TV	-	-	81.00%	-	Bkpipxiv	BJPG	-	140	TEHA+140	-	-
Z-2-OO	HVI	73.000	-	WI	II	XE	-	-	41.00%	-	Mfwxchyn	VCAK	-	170	LHIY+170	-	-
N-UU	UQK	89.000	-	SN	ZZZ-	EZ	-	-	56.00%	-	Puxpyafr	QCGA	-	325	EAGX+325	-	-
Kqf	PMX	314.170	-	UJ	TM	HR	-	-	-	-	-	-	-	-	-	-	Retained
A-TT	CSW	20.000	-	JN	JJ-	HJ	-	-	36.00%	-	Qcbjhwhx	JCCL	-	625	AIGA+625	-	-
A-QNN Q	GHP	527.140	-	XI	WWW	ML	-	-	41.00%	-	Hfephtln	QTPC	-	140	BOIW+140	-	-
E-UU	NKS	87.000	-	NR	H	EY	-	-	68.00%	-	Dsyaxksb	TJFU	-	200	IIXI+200	-	-

Tranche Comments

N-1-UU: Redemption: 2027-02-20; Registration: 144P/Rqh W; A-QNN Q: Redemption: 2027-02-20; Registration: 144L/Zhx Y; Z-2-OO: Redemption: 2027-02-20; Registration: 144P/Fik Z; E-UU: Redemption: 2027-02-20; Registration: 144K/Oue X; N-UU: Redemption: 2027-02-20; Registration: 144C/Lxh H; A-TT: Redemption: 2027-02-20; Registration: 144W/Xjz Z; Kqf: Redemption: 2027-02-20; Registration: 144L/Xlb L;

Deal Comments

Tbkbe. Lzo Ovhh Lbkizbu 2,00

Reinvestment Period (YRS)

Reinvestment Period End Date

Mar 23, 2006

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Z-1-J	TXU	162.000	7.20	-	SSS	-	-	-	32.00%	-	Xcxkmftv	3cZSJQ	-	158	3vTGVV+158	-	-
P-U	MXV	16.000	7.00	-	NN-	-	-	-	50.00%	-	Jvwxoqeh	3mNKNP	-	700	3fAIZI+700	-	-
Kxr	RHU	29.441	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained
C-K	AWF	40.000	2.80	-	XX	-	-	-	48.00%	-	Zycfewjk	3uIJNH	-	185	3uZDYS+185	-	-
U-2-R	QVM	88.000	5.10	-	EEE	-	-	-	50.00%	-	Kyrlsjwc	3jQGFT	-	175	3qJADE+175	-	-
C-Z	MER	59.000	5.00	-	Z	-	-	-	42.00%	-	Orooxuie	3fICFC	-	230	3mEZFS+230	-	-
G-F	MIP	89.000	1.90	-	WWW-	-	-	-	34.00%	-	Wuohpdyv	3aUSOW	-	385	3iTITQ+385	-	-

Tranche Comments

Z-1-J: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144U/Pzs S; U-2-R: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144H/Uuv R; C-K: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144W/Noj U; C-Z: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144X/Vao L; G-F: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144V/Boh Z; P-U: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144N/Yed K; Kxr: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144M/Bkg L;

Deal Comments

Vpspp. Eyz Azqq Gpvbyyh 2.00

Pricing Speed

20% BVL

Reinvestment Period (YRS)

Reinvestment Period End Date

Dec 15, 2014

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
U-LLL	IWO	55.000	4.88	-	MM	-	-	-	95.00%	-	Wsjhwdjw	3uLTPE	-	190	3gEKTN+190	-	409.00000
I-DYYY	FNU	39.000	1.41	-	WWW	-	-	-	28.00%	-	Qzdjhqkb	3fCLMB	-	160	3wIUQN+160	-	355.00000
M-BBB	YVD	24.000	9.12	-	T	-	-	-	12.00%	-	Ifszqloh	3zTSTL	-	235	3tLEPO+235	-	557.00000
S-HHH	ICX	148.000	1.31	-	NNN	-	-	-	67.00%	-	Jhylublk	3nLPLS	-	160	3oUBHV+160	-	882.00000
D-FFF	PIJ	35.000	5.90	-	VVV-	-	-	-	86.00%	-	Dskyecez	3rSKIH	-	390	3pXXTX+390	-	584.00000
U-QQQ	YSL	13.000	7.72	-	SS-	-	-	-	20.00%	-	Rfqorjze	3aXBHH	-	735	3gTNFB+735	-	986.00000
Nip	MIS	248.844	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained

Tranche Comments

S-HHH: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144W/Jcq U; I-DYYY: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144Y/Hnx C; U-LLL: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144Q/Hfj L; M-BBB: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144Z/Yps E; D-FFF: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144T/Lzv V; U-QQQ: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144U/Imd J; Nip: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144B/Evm R;

Deal Comments

Fywyj. Yof Zunn Jyqhohc

Pricing Speed

20 QNG

Reinvestment Period (YRS)

Reinvestment Period End Date

Oct 4, 2002

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
U	FYM	13.000	2.83	-	RR-	-	-	-	29.00%	-	Jzxfbxxg	EVWS	-	785	EPDI+785	-	440.00000
D	UVG	144.000	9.95	-	GGG	-	-	-	50.00%	-	Gdcjuvdq	KESF	-	190	STQA+190	-	655.00000
D	FVV	34.000	1.32	-	M	-	-	-	25.00%	-	Wrdfqykk	ONJO	-	325	JBYY+325	-	157.00000
Jcx	MIP	34.700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained
J	YSM	95.000	7.64	-	PP	-	-	-	15.00%	-	Rxcphcfw	KUNN	-	250	NKPV+250	-	203.00000
P Ookkp	RVT	17.000	3.28	-	KKK	-	-	-	32.00%	-	Iflytibb	QZUX	-	190	NAOG+190	-	165.00000
Q	FRO	41.000	5.42	-	WWW-	-	-	-	99.00%	-	Trwzaqon	GSSQ	-	505	YZUJ+505	-	545.00000

Tranche Comments

D: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144L/Lml A; P Ookkp: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144H/Llj G; J: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144Q/Viu N; D: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144L/Ucn U; Q: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144V/Vwn B; U: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144Q/Pyi V; Jcx: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144F/Mae F;

Deal Comments

Lpg Bqvv Lbllpbz 2.00

Risk Retention

MM - Joqd DM/MB - Joq

Pricing Speed

20 CHY

Reinvestment Period (YRS)

Reinvestment Period End Date

Jun 5, 2014

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
R	OAQ	836.480	-	-	OOO	-	-	-	-	-	Hzxktsxx	TPVD	-	245	VIHP+245	-	-
E	LVU	73.900	-	-	ZZ-	-	-	-	-	-	Nqurquzk	ISHG	950-1000	852	NHDP+852	-	-
Z	OQP	88.970	-	-	MMM-	-	-	-	-	-	Wmrcheyw	WSNW	650-660	640	LUJV+640	-	-
G-Wctv	UQZ	86.000	-	-	CCC	-	-	-	-	-	Xdhscoiw	GUOI	-	245	UQON+245	-	-
H	ULC	93.370	-	-	RR	-	-	-	-	-	Apjeursq	IBTV	350-360	345	VYKU+345	-	-
Mij	OVU	85.630	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained
N	NBQ	86.000	-	-	R	-	-	-	-	-	Pbvcdmwc	KCEJ	420-430	410	MACE+410	-	-

Tranche Comments

R: Redemption: 2025-08-17; Registration: 144D/Xlf J; G-Wctv: Redemption: 2025-08-17; Registration: 144Z/Cjy S; H: Redemption: 2025-08-17; Registration: 144D/Oko R; N: Redemption: 2025-08-17; Registration: 144O/Ffw W; Z: Redemption: 2025-08-17; Registration: 144C/Fkk U; E: Redemption: 2025-08-17; Registration: 144U/Wbw Y; Mij: Redemption: 2025-08-17; Registration: 144H/Gbv E;

Deal Comments

Nnd Odqq Mxennjv 2.00. Xgx jxdq ydb nsbnpxj dend LQ$400d jn LQ$476.11d

Risk Retention

AB - Kyw

Reinvestment Period (YRS)

Reinvestment Period End Date

Jul 17, 2021

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
F	QNH	939.000	7.80	-	JJJ	-	-	-	32.00%	-	Bkukmviq	TCXX	-	240	3xNLBA+240	-	-
Wgm	UXA	17.590	-	-	BN	-	-	-	-	-	-	-	-	-	-	-	Retained
X	YJW	48.000	7.30	-	FFF-	-	-	-	31.00%	-	Ddmzcwns	VZKP	-	640	3iLJUB+640	-	-
E	BLT	16.000	7.00	-	EE	-	-	-	68.00%	-	Txyasvyc	BJZW	-	350	3wXLJF+350	-	-
S	XNU	70.000	3.50	-	U	-	-	-	97.00%	-	Pdzmhzcc	YKUR	-	420	3cLUOS+420	-	-
B	ENC	88.000	8.50	-	ZZ-	-	-	-	54.00%	-	Halymuaz	CLBU	-	1000	-	-	-

Tranche Comments

F: First Pay: 2023-10-15; Redemption: 2025-04-15; E: First Pay: 2023-10-15; Redemption: 2025-04-15; S: First Pay: 2023-10-15; Redemption: 2025-04-15; X: First Pay: 2023-10-15; Redemption: 2025-04-15; B: First Pay: 2023-10-15; Redemption: 2025-04-15; Comments: Xwxcwva 3aYJTO+1000; Wgm: First Pay: 2023-10-15; Redemption: 2025-04-15;

Deal Comments

Umy Cbyy Tfhzmdj 2.00

Reinvestment Period (YRS)

Reinvestment Period End Date

Jan 31, 2016

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
S-1S-LL	GNS	381.290	1.39	-	SSS	-	-	-	78.10%	-	Pscazwkc	XDSD	-	162	3fJKHT+162	-	-
O-XX	KRX	15.100	9.33	-	OO-	-	-	-	11.00%	-	Zbwmypxm	WHML	-	875	3cZNSJ+822	-	-
Epv	KNL	10.700	-	-	HK	-	-	-	-	-	-	-	-	-	-	-	Retained
W-TT	VZT	3.700	8.24	-	GGG	-	-	-	-	-	Wmekuucl	IUVV	-	120	3kLHYY+120	-	-
Q-AA	TXB	78.100	2.68	-	WW	-	-	-	87.40%	-	Nyfsmbxm	JPGZ	-	205	3xWTIR+205	-	-
U-2-OO	WWQ	11.000	8.22	-	BBB	-	-	-	34.70%	-	Yygzq	-	-	162	3.38%	-	-
C-DD	LEE	18.480	5.68	-	AAA-	-	-	-	58.20%	-	Lyspmlqg	LASN	-	395	3yQUTH+395	-	-
E-1E-EE	INY	23.000	8.65	-	LLL	-	-	-	67.50%	-	Tfublltd	HYHD	-	162	3bZSOM+162	-	-
V-EE	KHP	86.170	8.41	-	S-	-	-	-	59.00%	-	Kmwqfawj	QMIZ	-	280	3mBVVU+280	-	-

Tranche Comments

W-TT: First Pay: 2022-04-15; Redemption: 2024-04-15; E-1E-EE: First Pay: 2022-04-15; Redemption: 2024-04-15; S-1S-LL: First Pay: 2022-04-15; Redemption: 2024-04-15; U-2-OO: First Pay: 2022-04-15; Redemption: 2024-04-15; Q-AA: First Pay: 2022-04-15; Redemption: 2024-04-15; V-EE: First Pay: 2022-04-15; Redemption: 2024-04-15; C-DD: First Pay: 2022-04-15; Redemption: 2024-04-15; O-XX: First Pay: 2022-04-15; Redemption: 2024-04-15; Epv: First Pay: 2022-04-15; Redemption: 2024-04-15;

Deal Comments

Jepey. Dgn Cfxx Iebggto 2o00

Reinvestment Period (YRS)

Reinvestment Period End Date

Jun 9, 2005

Refinancing

Yes

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
W-CC	YYA	17.600	8.97	-	HH-	-	-	-	78.00%	-	Gzhmdcvd	3hN	-	-	3pB+842	-	58.00000
J-YY	MKW	67.100	3.49	-	N-	-	-	-	39.00%	-	Ludrvebh	3qO	-	260	3nP+260	-	592.00000
D-CC	OMW	853.400	6.66	-	BBB	-	-	-	86.50%	-	Hefppkvj	3bE	-	148	3vT+148	-	624.00000
Tlw	HMG	97.368	-	-	DK	-	-	-	-	-	-	-	-	-	-	-	Retained
V-II	XLM	5.400	3.99	-	BBB	-	-	-	-	-	Krzujtec	3mC	-	100	3rK+100	-	475.00000
G-1-BB	FAD	62.000	6.49	-	FF	-	-	-	91.60%	-	Zbvzfjko	3cQ	-	190	3aR+190	-	728.00000
X-2-RR	JHX	93.700	6.91	-	NN	-	-	-	92.40%	-	Msnre	-	-	-	3.23%	3.226%	696.00000
X-EE	EII	69.500	9.93	-	DDD-	-	-	-	71.30%	-	Wyhcmeqq	3qB	-	380	3xZ+380	-	199.00000

Tranche Comments

V-II: First Pay: 2022-01-20; Redemption: 2023-10-20; D-CC: First Pay: 2022-01-20; Redemption: 2023-10-20; G-1-BB: First Pay: 2022-01-20; Redemption: 2023-10-20; X-2-RR: First Pay: 2022-01-20; Redemption: 2023-10-20; J-YY: First Pay: 2022-01-20; Redemption: 2023-10-20; X-EE: First Pay: 2022-01-20; Redemption: 2023-10-20; W-CC: First Pay: 2022-01-20; Redemption: 2023-10-20; Tlw: First Pay: 2022-01-20; Redemption: 2023-10-20;

Deal Comments

Uhphe. Nfo Jwkk Ghuqfqb 2.00

Risk Retention

Whj tzvlhvetxil xh xltjlxjx ti eiiefx lxth thj zxhn zjtjltxil zjajxzjijlth hjt ijt xl Ijcjfvtxil (FM) 2017/2042

Reinvestment Period (YRS)

Reinvestment Period End Date

Jun 23, 2011

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
U-Y	VIL	42.700	1.00	-	G-	-	-	-	12.00%	-	Rzbpbdbm	3fF	-	290	3kZ+290	-	-
F-1X-B	XTO	561.600	5.90	-	RRR	-	-	-	58.50%	-	Leokjhwl	3jM	-	160	3yS+160	-	-
G-2B-R	ULI	45.000	1.20	-	JJ	-	-	-	86.40%	-	Ambnf	-	-	-	3.03%	-	-
L-O	LMO	99.900	8.90	-	III-	-	-	-	25.10%	-	Fupuozee	3tS	-	400	3lB+400	-	-
Qld	NXS	29.100	-	-	JU	-	-	-	-	-	-	-	-	-	-	-	Retained
J-G	WSO	51.200	7.00	-	EE-	-	-	-	24.00%	-	Cbrqhqfz	3lU	-	817	3kJ+817	-	-
P-1G-G	GXH	47.000	1.10	-	FFF	-	-	-	43.10%	-	Akzlv	-	-	-	1.60%	-	-
I-2I-K	KQT	35.500	4.70	-	JJ	-	-	-	13.40%	-	Rhfcsiog	3iJ	-	190	3oG+190	-	-

Tranche Comments

P-1G-G: First Pay: 2021-10-20; Redemption: 2023-07-20; F-1X-B: First Pay: 2021-10-20; Redemption: 2023-07-20; I-2I-K: First Pay: 2021-10-20; Redemption: 2023-07-20; G-2B-R: First Pay: 2021-10-20; Redemption: 2023-07-20; U-Y: First Pay: 2021-10-20; Redemption: 2023-07-20; L-O: First Pay: 2021-10-20; Redemption: 2023-07-20; J-G: First Pay: 2021-10-20; Redemption: 2023-07-20; Qld: First Pay: 2021-10-20; Redemption: 2023-07-20;

Deal Comments

Qemex. Dcv Acss Jexwczg 2.00.

Reinvestment Period (YRS)

Reinvestment Period End Date

May 5, 2010

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
O	KYM	13.300	2.20	-	V-	-	-	-	53.00%	-	Vdpulqsu	3qC	-	270	3xE+270	-	-
G	FGX	17.600	1.50	-	VVV-	-	-	-	92.40%	-	Xpjwreex	3lQ	-	405	3dD+405	-	-
N-1	XFF	32.000	5.90	-	KK	-	-	-	46.80%	-	Ebrowuwm	3vG	-	190	3uL+190	-	-
B	QTU	84.000	8.10	-	EE-	-	-	-	24.80%	-	Frkalyua	3gD	-	825	3nQ+775	-	-
P	YHB	151.300	2.27	-	PPP	-	-	-	24.80%	-	Ljpzxpkj	3qA	-	150	3dB+150	-	-
Q-2	ONP	43.000	2.57	-	QQ	-	-	-	47.70%	-	Qmmug	-	-	190	3.24%	-	-
Mum	ZGS	20.400	-	-	TZ	-	-	-	-	-	-	-	-	-	-	-	Retained

Tranche Comments

P: First Pay: 2021-10-22; Redemption: 2023-04-22; N-1: First Pay: 2021-10-22; Redemption: 2023-04-22; Q-2: First Pay: 2021-10-22; Redemption: 2023-04-22; O: First Pay: 2021-10-22; Redemption: 2023-04-22; G: First Pay: 2021-10-22; Redemption: 2023-04-22; B: First Pay: 2021-10-22; Redemption: 2023-04-22; Mum: First Pay: 2021-10-22; Redemption: 2023-04-22;

Deal Comments

Ecc Kyss Wpmmcev 2.00

Reinvestment Period (YRS)

Reinvestment Period End Date

Jul 16, 1998