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

Z•••••••• I••

Application Softwaregroup grade Aon a schedule nowsponsor B••••••••• C•••••• M••••••••• L•• carried
Also written as: and Z•••••••• I••; Inc. and
Principal held
at least $21.1M
sum of BDC pieces, a lower bound
Fair value
$20.6M
99c on cost, debt pieces
Unfunded
$0
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
2 equity pieces beside them
Next maturity
May 1, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2024
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 $21.1M99cS+200 bp
PIK 2.00%
May 1, 20301
Equity pieces beside the debt: other (n/a fair value, 1 BDC), warrants ($38,000 fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
H••••••• C••••••• I•••term loan first lien
Senior Secured, May 2030, Prime + 2.00%, Floor rate 9.50%, PIK Interest 2.00%, 1.50% Exit
$21.1M$20.5M
99c
S+200 bp
PIK 2.00%
H••••••• C••••••• I•••unstated lien unstatedn/an/a
H••••••• C••••••• I•••warrants equity
Warrant, 5/6/2025, Common Stock
n/a$38,000
27c
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$21.1M$20.5M99c1
Mar 31, 20261$16.5M$16.0M98c1
Dec 31, 20251$32.8M$32.4M100c2
Sep 30, 20251$16.3M$16.0M100c1
Jun 30, 20251$16.2M$15.9M100c1
Dec 31, 20241$0$0n/a0
What changed
Identity
Group key
ZEROEYESderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived
Industry
Application Softwarereportedas one filer wrote it