Evaluated Pricing Built For Private Credit Markets
BCD provides evaluated pricing on securities that no other market data vendors cover. Privately placed bonds, directly originated loans, and illiquid club deals are all covered by our highly specialized approach. Coverage also includes unitranche, hybrid securities, and other types of esoteric credit instruments.
Private Placement Bond & Illiquid Loan Valuation
Evaluations are created using vast proprietary data sets specific to the private credit market. Security-specific information is gathered from the client and proprietary sources and applied to three models.
Discounted Cash Flow:Specialized model incorporates data specific to each security and private debt markets
Index Calibration:Specialized debt indices logically and reasonably incorporate movements in the market environment
Robust Infrastructure:Cloud-based models allow for rigorous quality controls and capacity to evaluate thousands of securities
Custom Methodologies: As needed, BCD has the ability to adjust methodology to conform to any firm's valuation approach