Offering RecordPrivate Credit

PBN High Yield 2022-1

Captured Oct 6, 2026
Offering amount

$641,789

Stated rate

10%

Term

36 mo

Minimum

$5,000

Summary

PBN High Yield 2022-1 is a $641,789 loan offering structured as a special purpose vehicle listed on Percent.

The issuer is Series of Cadence Group Platform, LLC (ticker PBN4 2022-1), organized in Delaware, offered under Rule 506(c).

The offering carries a stated rate of 10%, a term of 36 months, and a minimum investment of $5,000.

It is secured by Blended Notes / Fund.

across 1,133 tracked Percent offerings the median disclosed rate is 15%.

Terms shown here are drawn from direct platform disclosures and were captured by AltStreet on 2026-10-06. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.

Disclosed Terms

Offering amount
$641,789
Stated rate
10%
Term
36 months
Minimum investment
$5,000
Collateral
Blended Notes
Return type
Interest
Distribution frequency
Monthly
Tax document
1099-INT
Status
Active
Exemption
Rule 506(c)
Issuing entity
Series of Cadence Group Platform, LLC (ticker PBN4 2022-1) (Delaware)
Target return
10% APR
Liquidity
Locked
Distributions
Contractual
Launched
2022-11-15
Closed
2022-11-15
Expected exit
2025-11-15

Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.

Where It Sits in Percent's Book

Disclosed rate

10%

Above 9% of peers, median 15%. Low for the book.

Hold period

36 mo

Above 94% of peers, median 9 mo. High for the book.

Compared against 1,080 other Percent private credit offerings with a disclosed rate. This offering is one of 102 Percent private credit offerings launched in 2022. A percentile places a disclosed term, not a result. Browse the full Percent book.

Terminal Analysis

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Terminal analysis for this offering

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Questions About This Offering

What is PBN High Yield 2022-1?

PBN High Yield 2022-1 is a $641,789 loan offering structured as a special purpose vehicle listed on Percent. The issuer is Series of Cadence Group Platform, LLC (ticker PBN4 2022-1), organized in Delaware, offered under Rule 506(c). The offering carries a stated rate of 10%, a term of 36 months, and a minimum investment of $5,000.

What interest rate does PBN High Yield 2022-1 pay?

The offering carries a stated rate of 10% over a term of 36 months, as disclosed at the time of the offering on Percent. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.

Who is the issuer of PBN High Yield 2022-1?

The securities are issued by Series of Cadence Group Platform, LLC (ticker PBN4 2022-1), organized in Delaware. The offering relies on Rule 506(c), which permits advertising but limits sales to verified accredited investors.

When did PBN High Yield 2022-1 launch and close?

The offering launched on 2022-11-15. It closed on 2022-11-15. The expected exit date is 2025-11-15. AltStreet records its status as active.

What is the minimum investment for PBN High Yield 2022-1?

The disclosed minimum is $5,000. Eligibility, availability, and the current status of this offering are determined by Percent, not by AltStreet.

Is PBN High Yield 2022-1 still open to investors?

AltStreet's record shows the offering as active. AltStreet tracks this offering from platform disclosures, last captured 2026-10-06. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Percent before acting.

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Sources & Related Research

AltStreet tracks this offering from primary sources and has no commercial relationship with the platform or issuer. Figures are as disclosed and may be incomplete; offering status changes without a corresponding filing in many cases. This page is informational and is not investment, legal, or tax advice, and it is not an offer to sell or a solicitation to buy any security.