1
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[David] How big is the Allied 1st Lien?

2
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[Hunter] Uhhh 2.3bn dollars

3
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[David] (showing concern)

4
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[Alex Khan] Is it?

5
00:00:06,000 --> 00:00:06,800
[Hunter] Yeah,

6
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and the 2nd Lien is 350mn dollars,

7
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which makes it three times the size of Ankura's 
cap stack,

8
00:00:11,800 --> 00:00:14,000
and, 150bps wider than the LSTA benchmar-

9
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[David] Shut up about Allied Universal

10
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SHUT UP ABOUT ALLIED UNIVERSAL