Polen Capital
Polen Capital U.S. Opportunistic High Yield
Jun 2026 → Jun 2026
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What it bought and sold
Polen Credit invested in the Company’s 6.25% Senior Secured Notes due 2031 based on the view that Meridian Arc offers attractive risk-adjusted returns supported by contracted cash flows, Google-backed lease support, strong asset coverage, and meaningful lender protections.
the portfolio, along with other funds and accounts managed by Polen Credit, exited its position in the 9.5% Senior Notes due April 2030 at a price well above the previous mark following a negotiated transaction with the private equity sponsor of the Company.