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.

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Borrower

4• M•••••••• T••••••••• I••

Drug Discovery & Developmentgroup grade Aon a schedule nowsponsor V••••• G••••• I•••••••• L• carried
Principal held
at least $15.2M
sum of BDC pieces, a lower bound
Fair value
$15.0M
100c on cost, debt pieces
Unfunded
$22.8M
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
1 equity pieces beside them
Next maturity
Jun 1, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2025
latest Jun 30, 2026
Events
1
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $15.2M100cS+200 bpJun 1, 20311
Equity pieces beside the debt: other (n/a fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
H••••••• C••••••• I•••term loan first lien
Senior Secured, June 2031, Prime + 2.00%, Floor rate 8.75%, Cap rate 9.50%, 6.50% Exit Fee
$15.2M$15.0M
100c
S+200 bp
H••••••• C••••••• I•••unstated lien unstatedn/an/a
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$15.2M$15.0M100c0
Dec 31, 20251$0$0n/a0
What changed
Identity
Group key
4D MOLECULAR THERAPEUTICSderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived
Industry
Drug Discovery & Developmentreportedas one filer wrote it