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Borrower

S••••• S••••••• a•• A••••••• S••••••• L••• a••

group grade Aon a schedule nowsponsor unattributed

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

Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
Not disclosed
n/a on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
1 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2025
latest Mar 31, 2026
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Mar 31, 2026, folded to one row per lender
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
H••••••• C••••••• I•••warrants equity
W••••••, A••••••••• D••• 8/4/2025 and O••••••• S•••••
Not disclosedNot disclosed
Capital structure as the BDCs see it
latest quarter end Mar 31, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lien
exited Dec 31, 2025
at least $10.0M100cS+400 bpAug 1, 20281
Equity pieces beside the debt: warrants (Not disclosed fair value, 1 BDC)
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Mar 31, 20261$0$0n/a0
Dec 31, 20251$10.0M$9.8M100c0
What changed
Every change including routine ones
Identity
Group key
SYSTEM SOFTWARE AND AKEYLESS SECURITY LTD ANDderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived