Private Credit

Infrastructure and Structured Credit 2025 Mid-Year Review

August 11, 2025

Infrastructure and Structured Credit 2025 Mid-Year Review

In the first half of 2025, PGIM's Infrastructure and Structured Credit Group deployed $893 million across 13 transactions.

We supported existing clients and formed new relationships in North America, the UK, Europe, and Latin America with 7 new borrowing relationships representing over $504 million in investments and support of existing client relationships with an additional $389 million deployed.

We delivered funding across 5 currencies and 6 countries, reinforcing our global presence and ability to deliver bespoke financing solutions across the investment grade and high yield space.

Broad use of proceeds consisting of refinancings, growth capex financing, HoldCo / sponsor back-leverage.

Investment sizes ranging from $20 million to ~ $140 million.

 

2025 YTD Select Transactions

Infrastructure and Structured Credit 2025 Mid-Year Review
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Infrastructure and Structured Credit 2025 Mid-Year Review

Meet the Team

William Pappas
William Pappas

Managing Director, Infrastructure

Federico Chiaramonte
Federico Chiaramonte

Executive Director, Infrastructure & Structured Credit group

Daryl Skinner, CFA
Daryl Skinner, CFA

Senior Director, Europe & UK Infrastructure

Lennart Piro
Lennart Piro

Senior Director, Real Assets – Infrastructure & Structured Credit