The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.

Borrower

FusionSite Midco, LLC

group grade Aon a schedule nowsponsor unattributed
Principal held
at least $217M
sum of BDC pieces, a lower bound
Fair value
$211M
98c on cost, debt pieces
Unfunded
$25.1M
commitments not yet drawn
BDC lenders
3
2 on the latest quarter
Facilities
6
0 equity pieces beside them
Next maturity
Nov 17, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
4
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
other lien unstatedat least $217M98cS+550 bpNov 17, 20292
revolver lien unstatedunknownn/aunstated2
delayed draw term loan lien unstatedunknownn/aunstated2
first lien term loan first lien
exited Sep 30, 2023
at least $16.0M102cSOFR+576 bpOct 4, 20271
first lien delayed draw term loan first lien
exited Sep 30, 2023
at least $7.6M100cSOFR+576 bpOct 4, 20271
first lien revolver first lien
exited Sep 30, 2023
at least $1.3Mn/aSOFR+576 bpOct 4, 20271
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
Blackstone Private Credit Fundrevolver lien unstated
Revolver
n/an/a
Blackstone Private Credit Fundunstated lien unstated
Non-Affiliated Issuer
$100M$97.7M
98c
S+550 bp
Blackstone Private Credit Fundunstated lien unstated
Non-Affiliated Issuer
$32.6M$31.5M
98c
S+550 bp
Blackstone Private Credit Funddelayed draw term loan lien unstated
Delayed Draw Term Loan
n/an/a
Blackstone Private Credit Fundunstated lien unstated
Non-Affiliated Issuer
$5.1M$4.8M
97c
S+550 bp
Blackstone Secured Lending Fundunstated lien unstated
Non-Affiliated Issuer
$57.2M$55.8M
98c
S+550 bp
Blackstone Secured Lending Fundunstated lien unstated
Non-Affiliated Issuer
$2.9M$2.7M
97c
S+550 bp
Blackstone Secured Lending Fundunstated lien unstated
Non-Affiliated Issuer
$18.6M$18.0M
98c
S+550 bp
Blackstone Secured Lending Fundrevolver lien unstated
Revolver
n/an/a
Blackstone Secured Lending Funddelayed draw term loan lien unstated
Delayed Draw Term Loan
n/an/a
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20262$217M$211M98c0
Mar 31, 20262$217M$215M100c0
Dec 31, 20252$210M$209M101c0
Sep 30, 20252$201M$200M101c0
Jun 30, 20252$159M$158M101c0
Mar 31, 20252$159M$159M101c0
Dec 31, 20242$313M$312M102c0
Sep 30, 20242$106M$105M102c0
Jun 30, 20242$98.5M$96.8M101c0
Mar 31, 20242$96.9M$94.4M100c0
Dec 31, 20232$77.9M$75.8M100c0
Sep 30, 20231$24.9M$23.4M102c0
Jun 30, 20231$24.9M$20.9M102c0
Mar 31, 20231$25.0M$18.6M102c0
Dec 31, 20221$25.0M$18.3M100c0
What changed
Every change including routine ones
Identity
Group key
FUSIONSITEderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 3 BDCsderived