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Borrower

A•••••• A• • V• H••••••• M••••• L••

Commercial Services & Suppliesgroup grade Aoff every schedule since Jun 30, 2025sponsor unattributed

Nothing material in the last 200 days. No dated change on record yet.

Mark path, consensus per quarter end
Q2 2024: 100¢Q3 2024: 100¢Q4 2024: 100¢Q1 2025: 100¢Q2 2025: 100¢100¢ · 100¢ · 100¢ · 100¢ · 100¢Q2 2024 to Q2 2025
Principal held
at least $174M
sum of BDC pieces, a lower bound
Fair value
$171M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
1 equity pieces beside them
Next maturity
Jun 6, 2031
no dated debt inside 24 months
On the tape since
Jun 30, 2024
latest Jun 30, 2025
Events
5
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2025, folded to one row per lender
LenderExposureCurrent markQoQ change
A••••• D••• S•••••••• B••$174M100¢0 pts
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
A••••• D••• S•••••••• B••term loan first lien
Investment T••• F•••• L••• S•••••• D••• - T••• L••• I••••••• R••• S+500, 0.00% F•••• M••••
$174M$171M
100c
SOFR+500 bp
A••••• D••• S•••••••• B••revolver first lien
Investment T••• F•••• L••• S•••••• D••• - R••••••• I••••••• R••• S+500, 0.00% F•••• M•••••
Not disclosedNot disclosedSOFR+500 bp
A••••• D••• S•••••••• B••delayed draw term loan first lien
Investment T••• F•••• L••• S•••••• D••• - D•••••• D••• I••••••• R••• S+500, 0.00% F•••• M•
Not disclosed-$488,000
214c
SOFR+500 bp
Capital structure as the BDCs see it
latest quarter end Jun 30, 2025
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lien
exited Jun 30, 2025
at least $174M100cSOFR+500 bpJun 6, 20311
first lien delayed draw term loan first lien
exited Jun 30, 2025
unknownn/aSOFR+500 bpJun 6, 20311
first lien revolver first lien
exited Jun 30, 2025
unknownn/aSOFR+500 bpJun 6, 20311
Equity pieces beside the debt: other ($172M fair value, 1 BDC)
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20251$174M$171M100c0
Mar 31, 20251$175M$172M100c0
Dec 31, 20241$176M$173M100c0
Sep 30, 20241$177M$174M100c0
All 5 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20241$178M$175M100c0
What changed
Full timeline · 6 events
Every change including routine ones
Identity
Group key
AVI SPL A ANDderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived
Industry
Commercial Services & Suppliesreportedas one filer wrote it