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Borrower

A••••• C•• X•••

Structured finance (CLO)group grade Aon a schedule nowsponsor unattributed
Also written as: Multi-Sector Holdings; Series 2016-24A

What matters now

  1. 68¢ → 29¢
    consensus mark

    Consensus mark 29¢ on cost, down from 68¢ a year ago, 80¢ last quarter.

    Q1 2026 · The lenders' own valuations, the most direct read of what they expect to recover.

    Derived1 of 1 lender' own marks, weighted by principal
  2. $18.4M
    principal outstanding

    $18.4M principal held by 1 lender.

    Q1 2026 · The loss if the marks hold, spread across the holders below.

    FactBDC schedules of investments, 31 Mar 2026; a sum of the BDCs' pieces, a lower bound
  3. 80¢ → 29¢
    -51 pts, one lender

    B•••••• B••• I••• marked it 80¢ → 29¢, the largest move among 1 lender this quarter.

    Q1 2026 · One holder repriced far more than the rest.

    FactB•••••• B••• I••• schedule of investmentsOpen the lender
Mark path, consensus per quarter end
Q1 2025: 68¢Q2 2025: 65¢Q3 2025: 75¢Q4 2025: 80¢Q1 2026: 29¢68¢ · 65¢ · 75¢ · 80¢ · 29¢Q1 2025 to Q1 2026
Principal held
at least $18.4M
sum of BDC pieces, a lower bound
Fair value
$995,000
29c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Sep 30, 2022
latest Mar 31, 2026
Events
9
dated, non-routine
Lender marks
each lender's own fair value over cost at Mar 31, 2026, folded to one row per lender
LenderExposureCurrent markQoQ change
B•••••• B••• I•••$18.4M29¢-51 pts
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
B•••••• B••• I•••notes unsecured or subordinated
S••••••••• S••••••••• N••••
$18.4M$995,000
29c
Capital structure as the BDCs see it
latest quarter end Mar 31, 2026
FacilityHeldOn costPricingMaturityBDCs
unsecured or subordinated notes unsecured or subordinated
exited Mar 31, 2026
at least $18.4M29cunstated1
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Mar 31, 20261$18.4M$995,00029c0
Dec 31, 20251$18.4M$2.8M80c0
Sep 30, 20251$18.4M$2.9M75c0
Jun 30, 20252$18.6M$2.5M65c0
All 15 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Mar 31, 20251$18.4M$2.4M68c0
Dec 31, 20241$36.7M$6.5M93c0
Sep 30, 20241$18.4M$4.0M105c0
Jun 30, 20241$18.4M$4.9M114c0
Mar 31, 20241$18.4M$5.1M107c0
Dec 31, 20231$18.4M$5.9M110c0
Sep 30, 20231$18.4M$7.4M125c0
Jun 30, 20231$18.4M$5.4M84c0
Mar 31, 20231$18.4M$6.0M89c0
Dec 31, 20221$18.4M$6.6M96c0
Sep 30, 20221$18.4M$6.5M93c0
What changed
Full timeline · 17 events
Every change including routine ones
Identity
Group key
A••••• C•• X•••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 2 BDCsderived
Industry
Structured finance (CLO)reportedas one filer wrote it