Ironclad Fabrication On track
Metal fabrication · Senior loan · $18.0M deployed · Last report Oct 9
Investor
Total Thorne capital in the company.
$18.0M
$18.0M senior loan
Outstanding principal including interest added to the loan (PIK). New, added by Your Cohort
$15.6M
Includes $0.2M of added interest
Annualized return on all cash in and out, with the open position at fair value. New, added by Your Cohort
17.6%
Since November 2024
(Cash returned + fair value) ÷ capital deployed. New, added by Your Cohort
1.22x
Returned + current value ÷ invested
Payments received
| Date | Expected | Received | Status |
|---|---|---|---|
| Oct 15 | $160k | $160k | Paid |
| Sep 15 | $160k | $160k | Paid |
| Aug 15 | $160k | $160k | Paid |
Coming up
- Cash sweepNov 15~$150k
- Quarterly cash interestDec 31$0.47M
- Interest added to the loan (PIK)Accrues monthly$0.2M so far
New marks a measure Your Cohort adds to Thorne’s reporting · fictional companies and figures · thresholds are placeholders · select or hover any dotted label for its definition
