AB 2020 Form 10-K

(16) Neutral Connect, LLC is held through ABPCIC NC Holdings LLC. (17) Categorized as Level 1 assets under the definition of ASC 820 fair value hierarchy. (18) Position or portion thereof is held by REP Coinvest II Tec, LP which is held by ABPCIC Equity Holdings, LLC. (19) Aggregate gross unrealized appreciation for federal income tax purposes is $6,674,968; aggregate gross unrealized depreciation for federal income tax purposes is $13,046,945. Net unrealized depreciation is $6,371,977 based upon a tax cost basis of $539,407,008. (20) Included within ‘Cash and cash equivalents’ on the Consolidated Statements of Assets and Liabilities. (21) The rate shown is the annualized seven-day yield as of December 31, 2020. L - LIBOR P - Prime PIK - Payment-In-Kind F-12