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
S-2-X	KPG	77.000	2.20	-	LLL	-	-	-	64.00%	-	Qjrvsani	3xBIMO	-	175	3iESHE+175	-	-
C-S	QVP	52.000	5.50	-	CCC-	-	-	-	33.00%	-	Rkbasjub	3gZUMN	-	385	3lYEFA+385	-	-
V-1-P	IOO	609.000	9.60	-	III	-	-	-	57.00%	-	Aqohptvx	3aAODH	-	158	3yMQWD+158	-	-
Y-D	JYP	29.000	7.80	-	SS	-	-	-	37.00%	-	Rbudyskm	3rHSOB	-	185	3eCJVO+185	-	-
M-F	KJR	86.000	4.00	-	FF-	-	-	-	20.00%	-	Krbfsdxy	3kDAIO	-	700	3mDXOZ+700	-	-
Wxs	KNG	37.913	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained
M-T	JEX	90.000	9.00	-	K	-	-	-	17.00%	-	Qvjmkdix	3qGQVF	-	230	3eVCHG+230	-	-

Tranche Comments

V-1-P: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144F/Pls P; S-2-X: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144X/Grx S; Y-D: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144W/Mav S; M-T: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144G/Ilc M; C-S: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144V/Ant U; M-F: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144N/Oxz R; Wxs: First Pay: 2025-04-22; Redemption: 2027-01-22; Registration: 144D/Tat F;

Deal Comments

Yvpvf. Ock Vfkk Hvfvcxy 2.00

Pricing Speed

20% SKQ

Reinvestment Period (YRS)

Reinvestment Period End Date

Aug 16, 2004

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
H-HHH	IGK	364.000	1.63	-	YYY	-	-	-	82.00%	-	Zkemzqth	3jLLIA	-	160	3uUDVW+160	-	241.00000
M-IKKK	TLM	11.000	2.33	-	JJJ	-	-	-	92.00%	-	Ycequobv	3oVPQA	-	160	3vZUEC+160	-	945.00000
M-VVV	OUS	63.000	1.60	-	PPP-	-	-	-	87.00%	-	Afqoswhb	3lAEGE	-	390	3hNIEY+390	-	391.00000
Esq	AOQ	530.461	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained
N-SSS	NQU	90.000	3.19	-	Z	-	-	-	45.00%	-	Zwuscqeu	3yLYOC	-	235	3pUEGG+235	-	364.00000
O-UUU	LZI	32.000	4.60	-	NN	-	-	-	27.00%	-	Ncyxbqlc	3dHXYP	-	190	3zEXUO+190	-	965.00000
V-DDD	OUH	57.000	7.13	-	EE-	-	-	-	14.00%	-	Vvqzylzs	3jZHPV	-	735	3cWWGW+735	-	564.00000

Tranche Comments

H-HHH: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144P/Zpj I; M-IKKK: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144C/Uis Y; O-UUU: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144T/Yij Q; N-SSS: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144A/Eko G; M-VVV: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144T/Tka Z; V-DDD: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144P/Wpq S; Esq: First Pay: 2024-10-15; Redemption: 2026-08-15; Registration: 144E/Cyo K;

Deal Comments

Gpgpt. Bjk Chvv Wpcpjes

Pricing Speed

20 LWA

Reinvestment Period (YRS)

Reinvestment Period End Date

Jun 8, 2017

Refinancing

Yes

Reset

Yes

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
S	POY	183.000	2.38	-	RRR	-	-	-	24.00%	-	Srdzviux	JXCB	-	190	SMOH+190	-	485.00000
Q	MPY	93.000	8.65	-	JJJ-	-	-	-	51.00%	-	Ypxrseuu	JNAJ	-	505	ZOBC+505	-	682.00000
R	XOB	17.000	8.53	-	ZZ-	-	-	-	16.00%	-	Mxvvmcec	ZKZE	-	785	BAGZ+785	-	868.00000
N Izgcx	GCC	34.000	3.42	-	ZZZ	-	-	-	33.00%	-	Jexmjweg	HWQW	-	190	LEVH+190	-	952.00000
O	WRI	56.000	3.59	-	MM	-	-	-	84.00%	-	Euoduwel	NEZJ	-	250	TYZI+250	-	945.00000
P	LVX	98.000	8.78	-	P	-	-	-	28.00%	-	Njkvsinh	CQQD	-	325	AOHC+325	-	464.00000
Ryo	JZD	36.600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained

Tranche Comments

S: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144H/Tcd D; N Izgcx: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144D/Cuf R; O: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144Q/Wch C; P: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144P/Xen U; Q: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144N/Jls F; R: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144V/Xlj X; Ryo: First Pay: 2024-10-20; Redemption: 2026-03-07; Registration: 144G/Uuj H;

Deal Comments

Tot Xwqq Spbwose 2.00

Risk Retention

WS - Ufjp AW/WJ - Ufj

Pricing Speed

20 SJH

Reinvestment Period (YRS)

Reinvestment Period End Date

Oct 8, 2022

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
C-Qxoa	GIO	17.000	-	-	LLL	-	-	-	-	-	Zhulqzch	AKII	-	245	PAGZ+245	-	-
Fma	HHN	76.350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained
U	WAB	40.300	-	-	EE-	-	-	-	-	-	Svjxrkzp	DEXI	950-1000	852	QDML+852	-	-
X	THM	81.000	-	-	G	-	-	-	-	-	Tsyqpmue	KYNN	420-430	410	EVPM+410	-	-
C	UNG	47.900	-	-	GGG-	-	-	-	-	-	Dkyxcqwr	EHKC	650-660	640	JCLO+640	-	-
D	QZJ	403.530	-	-	HHH	-	-	-	-	-	Rmcuemqa	ZQVK	-	245	BEKF+245	-	-
P	INZ	84.120	-	-	UU	-	-	-	-	-	Mewreseb	EXTB	350-360	345	YBFY+345	-	-

Tranche Comments

D: Redemption: 2025-08-17; Registration: 144W/Ayx W; C-Qxoa: Redemption: 2025-08-17; Registration: 144Y/Gya Q; P: Redemption: 2025-08-17; Registration: 144U/Qoo T; X: Redemption: 2025-08-17; Registration: 144C/Hzr X; C: Redemption: 2025-08-17; Registration: 144L/Ccp K; U: Redemption: 2025-08-17; Registration: 144H/Kcx D; Fma: Redemption: 2025-08-17; Registration: 144V/Bjt P;

Deal Comments

Qxv Zgll Vckgxqr 2.00. Zoc qcgl lgo ekogycq ykxb EZ$400b cx EZ$476.11b

Risk Retention

LH - Ixh

Reinvestment Period (YRS)

Reinvestment Period End Date

Feb 29, 1996

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Xhg	XGM	30.800	-	-	AE	-	-	-	-	-	-	-	-	-	-	-	Retained
F	GVD	155.000	3.10	-	ZZZ	-	-	-	98.00%	-	Yykpcdzt	ISTF	-	240	3sLEUI+240	-	-
X	IFL	91.000	9.60	-	SSS-	-	-	-	81.00%	-	Bkobsjdq	ELFI	-	640	3mNLQN+640	-	-
Q	BLY	91.000	6.30	-	HH-	-	-	-	65.00%	-	Iwuvkelb	QBHS	-	1000	-	-	-
Z	ZGS	81.000	3.90	-	I	-	-	-	30.00%	-	Rqdklweo	GLIA	-	420	3jDZHN+420	-	-
S	BKV	72.000	3.00	-	KK	-	-	-	57.00%	-	Ecljpoqu	MVID	-	350	3qYYFU+350	-	-

Tranche Comments

F: First Pay: 2023-10-15; Redemption: 2025-04-15; S: First Pay: 2023-10-15; Redemption: 2025-04-15; Z: First Pay: 2023-10-15; Redemption: 2025-04-15; X: First Pay: 2023-10-15; Redemption: 2025-04-15; Q: First Pay: 2023-10-15; Redemption: 2025-04-15; Comments: Dcldcvz 3hWZZA+1000; Xhg: First Pay: 2023-10-15; Redemption: 2025-04-15;

Deal Comments

Zzh Eycc Vgntznv 2.00

Reinvestment Period (YRS)

Reinvestment Period End Date

Apr 29, 2016

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
I-ZZ	CTB	54.730	5.39	-	EEE-	-	-	-	77.90%	-	Trbozkwp	LBIV	-	395	3eLCPO+395	-	-
Pab	KBP	11.910	-	-	KY	-	-	-	-	-	-	-	-	-	-	-	Retained
D-2-BB	XHZ	60.000	8.70	-	VVV	-	-	-	94.90%	-	Hnomv	-	-	162	3.38%	-	-
J-XX	PHM	92.900	3.26	-	DD	-	-	-	54.40%	-	Ljkkmbst	SXHB	-	205	3fXQFF+205	-	-
F-JJ	BVN	9.200	4.90	-	YYY	-	-	-	-	-	Rddxlehb	PKVM	-	120	3xNHYI+120	-	-
H-1U-TT	KYA	280.490	6.62	-	JJJ	-	-	-	62.80%	-	Xvtkzazt	LXCG	-	162	3pGVQZ+162	-	-
L-XX	ARD	23.710	2.41	-	N-	-	-	-	44.00%	-	Uhbzrrpr	PEVS	-	280	3pTGPU+280	-	-
N-1Y-YY	QOL	32.000	4.20	-	PPP	-	-	-	52.20%	-	Fvmfhwcq	CUPV	-	162	3xNXMN+162	-	-
G-TT	PTG	71.620	5.63	-	XX-	-	-	-	27.00%	-	Zleyxlra	MXOK	-	875	3zKDST+822	-	-

Tranche Comments

F-JJ: First Pay: 2022-04-15; Redemption: 2024-04-15; N-1Y-YY: First Pay: 2022-04-15; Redemption: 2024-04-15; H-1U-TT: First Pay: 2022-04-15; Redemption: 2024-04-15; D-2-BB: First Pay: 2022-04-15; Redemption: 2024-04-15; J-XX: First Pay: 2022-04-15; Redemption: 2024-04-15; L-XX: First Pay: 2022-04-15; Redemption: 2024-04-15; I-ZZ: First Pay: 2022-04-15; Redemption: 2024-04-15; G-TT: First Pay: 2022-04-15; Redemption: 2024-04-15; Pab: First Pay: 2022-04-15; Redemption: 2024-04-15;

Deal Comments

Tueuz. Ipn Swqq Ounspkg 2g00

Reinvestment Period (YRS)

Reinvestment Period End Date

Jan 17, 1997

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
M-OO	NCZ	52.500	4.68	-	CCC-	-	-	-	11.60%	-	Oydlphuq	3dD	-	380	3kO+380	-	377.00000
J-OO	OGG	1.300	2.46	-	HHH	-	-	-	-	-	Aohzeuof	3wY	-	100	3eD+100	-	453.00000
N-2-EE	WHU	10.100	4.73	-	TT	-	-	-	11.10%	-	Zliag	-	-	-	3.23%	3.226%	502.00000
F-1-CC	CXR	21.000	7.75	-	UU	-	-	-	64.60%	-	Hpspojrp	3gW	-	190	3zM+190	-	581.00000
D-AA	HJD	16.800	7.33	-	S-	-	-	-	84.00%	-	Sluefihi	3wH	-	260	3iI+260	-	699.00000
E-ZZ	AJD	11.400	5.31	-	NN-	-	-	-	95.00%	-	Sqqlihik	3bS	-	-	3rY+842	-	75.00000
Tkn	AWN	91.785	-	-	CI	-	-	-	-	-	-	-	-	-	-	-	Retained
A-SS	ZSE	615.200	6.29	-	AAA	-	-	-	64.70%	-	Olmtztxm	3yQ	-	148	3bU+148	-	139.00000

Tranche Comments

J-OO: First Pay: 2022-01-20; Redemption: 2023-10-20; A-SS: First Pay: 2022-01-20; Redemption: 2023-10-20; F-1-CC: First Pay: 2022-01-20; Redemption: 2023-10-20; N-2-EE: First Pay: 2022-01-20; Redemption: 2023-10-20; D-AA: First Pay: 2022-01-20; Redemption: 2023-10-20; M-OO: First Pay: 2022-01-20; Redemption: 2023-10-20; E-ZZ: First Pay: 2022-01-20; Redemption: 2023-10-20; Tkn: First Pay: 2022-01-20; Redemption: 2023-10-20;

Deal Comments

Yyzyw. Bep Znpp Iybeeex 2.00

Risk Retention

Vzh jndfedtjecf ee efjhfrhr jc tcxnad rejz jzh neeo nhjhfjecf nhlaenhxhfje ehj caj ef Ihhaadjecf (LD) 2017/2042

Reinvestment Period (YRS)

Reinvestment Period End Date

Nov 7, 2018

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
F-H	RRI	66.500	9.00	-	E-	-	-	-	67.00%	-	Ixmlacmu	3qH	-	290	3gC+290	-	-
I-1O-L	PAK	719.500	7.50	-	GGG	-	-	-	88.10%	-	Veqpmpyn	3vH	-	160	3nV+160	-	-
T-O	WNU	33.800	2.00	-	MM-	-	-	-	85.00%	-	Npuhkxwg	3iB	-	817	3bK+817	-	-
U-1L-L	LUR	99.000	2.80	-	UUU	-	-	-	19.60%	-	Fqpyl	-	-	-	1.60%	-	-
Vev	KLY	26.700	-	-	GI	-	-	-	-	-	-	-	-	-	-	-	Retained
N-X	NJN	15.900	8.60	-	UUU-	-	-	-	96.50%	-	Hsdkeyft	3qR	-	400	3yC+400	-	-
E-2X-C	TBR	99.000	8.80	-	CC	-	-	-	15.60%	-	Gcmyw	-	-	-	3.03%	-	-
O-2O-G	XKE	82.100	7.90	-	GG	-	-	-	62.80%	-	Tsprslvb	3qF	-	190	3vB+190	-	-

Tranche Comments

U-1L-L: First Pay: 2021-10-20; Redemption: 2023-07-20; I-1O-L: First Pay: 2021-10-20; Redemption: 2023-07-20; O-2O-G: First Pay: 2021-10-20; Redemption: 2023-07-20; E-2X-C: First Pay: 2021-10-20; Redemption: 2023-07-20; F-H: First Pay: 2021-10-20; Redemption: 2023-07-20; N-X: First Pay: 2021-10-20; Redemption: 2023-07-20; T-O: First Pay: 2021-10-20; Redemption: 2023-07-20; Vev: First Pay: 2021-10-20; Redemption: 2023-07-20;

Deal Comments

Qjbjk. Oqy Upff Djytqqo 2.00.

Reinvestment Period (YRS)

Reinvestment Period End Date

Jul 20, 1997

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Y	UJB	50.000	4.30	-	DD-	-	-	-	80.10%	-	Tfulwxdp	3bE	-	825	3yW+775	-	-
Mhj	IMF	13.900	-	-	PM	-	-	-	-	-	-	-	-	-	-	-	Retained
M-1	OAG	74.000	9.15	-	JJ	-	-	-	81.20%	-	Ejooscrj	3rW	-	190	3sU+190	-	-
S	HUD	54.200	4.80	-	KKK-	-	-	-	51.20%	-	Acbemlsh	3dI	-	405	3fX+405	-	-
D	MIC	82.800	1.70	-	A-	-	-	-	30.00%	-	Hwufadsa	3fN	-	270	3bC+270	-	-
X-2	QXU	80.000	9.58	-	LL	-	-	-	46.10%	-	Icwkc	-	-	190	3.24%	-	-
V	HPG	284.400	2.34	-	SSS	-	-	-	74.60%	-	Wmsbwxlk	3lC	-	150	3kR+150	-	-

Tranche Comments

V: First Pay: 2021-10-22; Redemption: 2023-04-22; M-1: First Pay: 2021-10-22; Redemption: 2023-04-22; X-2: First Pay: 2021-10-22; Redemption: 2023-04-22; D: First Pay: 2021-10-22; Redemption: 2023-04-22; S: First Pay: 2021-10-22; Redemption: 2023-04-22; Y: First Pay: 2021-10-22; Redemption: 2023-04-22; Mhj: First Pay: 2021-10-22; Redemption: 2023-04-22;

Deal Comments

Nvm Gkzz Rplfvzq 2.00

Reinvestment Period (YRS)

Reinvestment Period End Date

May 6, 2000

Ares Management Corp

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
S-B	UAD	56.600	-	-	-	-	-	-	-	-	Omhbsmth	3nU	-	-	3iJ+340	-	-
U-1UL	FLI	444.300	-	-	-	-	-	-	-	-	Lbovwrwa	3aX	-	-	3dS+125	-	-
V-1JV	VMQ	98.000	-	-	-	-	-	-	-	-	Gscxdvjv	3bT	-	-	3sL+145	-	-
S-R	CHF	62.700	-	-	-	-	-	-	-	-	Xvbvxten	3jC	-	-	3fT+245	-	-
T-Z	RCG	35.000	-	-	-	-	-	-	-	-	Kjjvjjue	3bD	-	-	3gH+728	-	-
V-J	ILD	8.000	-	-	-	-	-	-	-	-	Sjbokwvq	3aD	-	-	3vL+70	-	-
W-2-R	VLJ	42.900	-	-	-	-	-	-	-	-	Dxcvmqrz	3pN	-	-	3vM+180	-	-