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Borrower

A•••• G••••

group grade Aon a schedule nowsponsor unattributed

What matters now

  1. 101¢ → 99¢
    consensus mark

    Consensus mark 99¢ on cost, down from 101¢ in Q4 2025, 96¢ last quarter.

    Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.

    Derived2 of 2 lenders' own marks, weighted by principal
Mark path, consensus per quarter end
Q4 2025: 101¢Q1 2026: 96¢Q2 2026: 99¢101¢ · 96¢ · 99¢Q4 2025 to Q2 2026
Principal held
at least $782,000
sum of BDC pieces, a lower bound
Fair value
$842,000
99c on cost, debt pieces
Unfunded
$74,000
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Oct 28, 2032
no dated debt inside 24 months
On the tape since
Dec 31, 2025
latest Jun 30, 2026
Events
1
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
Every BDC piece · 8 positions across 2 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
C•••••• C••••• S••••••••• I•••term loan first lien
Investment | N••••••••• I••••• | F•••• L••• D••• | A•••••••• & D•••••• 2
$258,000$254,000
100c
S+550 bp
C•••••• S•••••• L••••••• I•••term loan first lien
Investment | N••••••••• I••••• | F•••• L••• D••• | A•••••••• & D•••••• 3
$258,000$254,000
100c
S+550 bp
C•••••• C••••• S••••••••• I•••term loan first lien
Investment | N••••••••• I••••• | F•••• L••• D••• | A•••••••• & D•••••• 3
$96,000$126,000
96c
S+550 bp
C•••••• S•••••• L••••••• I•••term loan first lien
Investment | N••••••••• I••••• | F•••• L••• D••• | A•••••••• & D•••••• 1
$96,000$126,000
96c
S+550 bp
C•••••• C••••• S••••••••• I•••term loan first lien
Investment | N••••••••• I••••• | F•••• L••• D••• | A•••••••• & D•••••• 1
$37,000$41,000
95c
S+550 bp
View all 8 positionslargest principal first
BDCInstrumentPrincipalFair valueRate
C•••••• S•••••• L••••••• I•••term loan first lien
Investment | N••••••••• I••••• | F•••• L••• D••• | A•••••••• & D•••••• 2
$37,000$41,000
95c
S+550 bp
C•••••• C••••• S••••••••• I•••delayed draw term loan second lien
Investments | N••••••••• I••••• | F•••• and S••••• L••• D••• | D•••••• D•••
Not disclosedNot disclosed
C•••••• S•••••• L••••••• I•••delayed draw term loan second lien
Investments | N••••••••• | F•••• and S••••• L••• D••• | D•••••• D•••
Not disclosedNot disclosed
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $782,00099cS+550 bpOct 28, 20322
second lien delayed draw term loan second lienunknownn/aunstated2
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20262$782,000$842,00099c0
Mar 31, 20262$590,000$558,00096c0
Dec 31, 20252$518,000$590,000101c0
What changed
Every change including routine ones
Identity
Group key
ADDEVderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 2 BDCsderived