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Borrower

C•••••••• I••

group grade Aon a schedule nowsponsor unattributed

What matters now

  1. 100¢ → 81¢
    consensus mark

    Consensus mark 81¢ on cost, down from 100¢ a year ago, 100¢ last quarter.

    Q2 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. $1.1M
    principal outstanding

    $1.1M principal held by 1 lender.

    Q2 2026 · The loss if the marks hold, spread across the holders below.

    FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
  3. 100¢ → 81¢
    -19 pts, one lender

    W•• F••• X• I••• marked it 100¢ → 81¢, the largest move among 1 lender this quarter.

    Q2 2026 · One holder repriced far more than the rest.

    FactW•• F••• X• I••• schedule of investmentsOpen the lender
Mark path, consensus per quarter end
Q2 2025: 100¢Q3 2025: 100¢Q4 2025: 100¢Q1 2026: 100¢Q2 2026: 81¢100¢ · 100¢ · 100¢ · 100¢ · 81¢Q2 2025 to Q2 2026
Principal held
at least $1.1M
sum of BDC pieces, a lower bound
Fair value
$768,872
81c 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
Dec 31, 2024
latest Jun 30, 2026
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
LenderExposureCurrent markQoQ change
W•• F••• X• I•••$1.1M81¢-19 pts
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
W•• F••• X• I•••term loan first lien
S••••• S••••••
$1.1M$768,872
81c
11.00%
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $1.1M81c11.00%unstated2
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$1.1M$768,87281c0
Mar 31, 20262$2.2M$1.9M100c0
Dec 31, 20252$2.2M$1.9M100c0
Sep 30, 20252$2.2M$1.9M100c0
All 7 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20252$2.2M$1.9M100c0
Mar 31, 20252$2.2M$1.8M100c0
Dec 31, 20242$4.4M$4.1M100c0
What changed
Every change including routine ones
Identity
Group key
COFFEE AIderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 2 BDCsderived