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Borrower

V••••••• B••• C••••••

group grade Aon a schedule nowsponsor unattributed
Principal held
at least $274M
sum of BDC pieces, a lower bound
Fair value
$265M
95c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Dec 27, 2033
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
5
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
unsecured or subordinated term loan unsecured or subordinatedat least $274M95cS+1000 bpDec 24, 20362
term loan lien unstated
exited Mar 31, 2025
at least $2.3M102cunstated2
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
B••• C•••••• P•••••• C•••••term loan unsecured or subordinated
S••••• L••• P•••••• II, LLC Equity I••••••• Investment V•••••••
$2.3M$7.0M
96c
B••• C•••••• P•••••• C•••••term loan unsecured or subordinated
S••••• L••• P•••••• II, LLC P•••••••• Equity I••••••• Investment V•••••••
$10,000$41,000
410c
B••• C•••••• P•••••• C•••••term loan unsecured or subordinated
S••••• L••• P•••••• II, LLC S••••••••• N••• Investment V••••••• S••••• 10.00% I••••••• R••
$92.7M$92.7M
100c
S+1000 bp
B••• C•••••• S•••••••• F••••••• I•••term loan unsecured or subordinated
S••••• L••• P••••••, LLC Equity I••••••• Investment V•••••••
$10,000Not disclosed
n/a
B••• C•••••• S•••••••• F••••••• I•••term loan unsecured or subordinated
S••••• L••• P••••••, LLC S••••••••• N••• Investment V••••••• S••••• 10.00% I••••••• R••• 1
$179M$164M
92c
S+1000 bp
B••• C•••••• S•••••••• F••••••• I•••term loan unsecured or subordinated
S••••• L••• P••••••, LLC P•••••••• Equity I••••••• Investment V•••••••
$10,000$1.8M
18360c
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20262$274M$265M93c0
Mar 31, 20262$225M$223M95c0
Dec 31, 20252$193M$192M95c0
Sep 30, 20252$190M$188M95c0
Jun 30, 20252$179M$176M95c0
Mar 31, 20252$164M$160M94c0
Dec 31, 20241$147M$142M93c0
Sep 30, 20241$147M$145M95c0
Jun 30, 20241$147M$145M95c0
Mar 31, 20241$119M$115M92c0
Dec 31, 20231$116M$114M94c0
Sep 30, 20231$116M$117M96c0
Jun 30, 20231$116M$117M96c0
Dec 31, 20221$51.0M$53.7M95c0
What changed
Every change including routine ones
Identity
Group key
V••••••• B••• C••••••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 2 BDCsderived