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

W••••••••• U• H•••••••• L••

Distributorsgroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $13.1M
sum of BDC pieces, a lower bound
Fair value
$13.0M
101c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Oct 23, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
0
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 $8.9M101cSOFR+600 bpOct 23, 20292
first lien revolver first lienat least $4.2M100cSOFR+600 bpOct 23, 20292
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
K•••• A••••••• B••• I•••revolver first lien
First lien senior secured revolving loan - Interest Rate 9.67% - Spread 6.00% - Reference
$3.4M$3.4M
100c
SOFR+600 bp
K•••• A••••••• B••• I•••term loan first lien
First lien senior secured loan - Interest Rate 9.67% - Spread 6.00% - Reference SOFR(Q) -
$7.3M$7.2M
101c
SOFR+600 bp
K•••• D• 2•••• I•••revolver first lien
First lien senior secured revolving loan - Interest Rate 9.67% - Spread 6.00% - Reference
$780,000$771,000
100c
SOFR+600 bp
K•••• D• 2•••• I•••term loan first lien
First lien senior secured loan - Interest Rate 9.67% - Spread 6.00% - Reference SOFR(Q) -
$1.7M$1.6M
101c
SOFR+600 bp
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20262$13.1M$13.0M101c0
Mar 31, 20262$13.1M$13.1M102c0
Dec 31, 20252$23.9M$23.9M102c0
Sep 30, 20251$2.4M$2.4M102c0
Dec 31, 20241$7.9M$7.9M103c0
What changed
Identity
Group key
WORKHOLDINGderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 2 BDCsderived
Industry
Distributorsreportedas one filer wrote it