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Borrower

T••••••

Telecommunicationsgroup grade Bon a schedule nowsponsor unattributed
Also written as: T•••••• USA Holdings Inc
Principal held
at least $30.6M
sum of BDC pieces, a lower bound
Fair value
$32.9M
101c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
3
2 equity pieces beside them
Next maturity
Feb 28, 2029
no dated debt inside 24 months
On the tape since
Mar 31, 2023
latest Jun 30, 2026
Events
4
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 $29.3M101cSOFR+625 bpFeb 28, 20292
first lien revolver first lienat least $1.3M100cSOFR+625 bpFeb 28, 20291
first lien delayed draw term loan first lien
exited Dec 31, 2024
unknownn/aFeb 28, 20291
Equity pieces beside the debt: equity ($2.3M fair value, 1 BDC), other (n/a fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
B••• C•••••• S•••••••• F••••••• I•••unstated lien unstated
Acquisition Date 6/27/2024
n/an/a
B••• C•••••• S•••••••• F••••••• I•••revolver first lien
First Lien Senior Secured Loan - Revolver SOFR Floor 1.00% Spread 6.25% Interest Rate 9.99
$1.3M$1.3M
100c
SOFR+625 bp
B••• C•••••• S•••••••• F••••••• I•••term loan first lien
First Lien Senior Secured Loan SOFR Floor 1.00% Spread 6.25% Interest Rate 9.98% Maturity
$442,000$442,000
102c
SOFR+625 bp
B••• C•••••• S•••••••• F••••••• I•••term loan first lien
First Lien Senior Secured Loan SOFR Floor 1.00% Spread 6.25% Interest Rate 9.98% Maturity
$18.2M$18.2M
101c
SOFR+625 bp
B••• C•••••• S•••••••• F••••••• I•••equity equity
Equity Interest One
$358,000$313,000
97c
B••• C•••••• S•••••••• F••••••• I•••equity equity
Equity Interest
$2.3M$2.0M
87c
B••• C•••••• S•••••••• F••••••• I•••unstated lien unstated
Acquisition Date 2/28/2023
n/an/a
B••• C•••••• S•••••••• F••••••• I•••term loan first lien
First Lien Senior Secured Loan SOFR Floor 1.00% Spread 6.25% Interest Rate 9.98% Maturity
$890,000$890,000
100c
SOFR+625 bp
B••• C•••••• S•••••••• F••••••• I•••term loan first lien
First Lien Senior Secured Loan SOFR Floor 1.00% Spread 6.25% Interest Rate 9.98% Maturity
$9.8M$9.8M
101c
SOFR+625 bp
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$30.6M$30.6M101c0
Mar 31, 20261$30.7M$30.4M100c0
Dec 31, 20251$30.8M$30.3M99c0
Sep 30, 20252$32.5M$31.9M99c0
Jun 30, 20252$14.1M$13.9M99c0
Mar 31, 20252$13.7M$13.6M100c0
Dec 31, 20241$11.7M$11.5M99c0
Sep 30, 20241$11.7M$11.4M98c0
Jun 30, 20241$11.6M$11.0M96c0
Mar 31, 20241$11.5M$11.0M96c0
Dec 31, 20231$11.3M$10.8M96c0
Sep 30, 20231$19.9M$19.3M98c0
Jun 30, 20231$19.8M$19.6M100c0
Mar 31, 20231$29.4M$29.1M100c0
What changed
Identity
Group key
TAOGLASderivedthe codename stem after legal suffixes and deal words
Spellings
2 across 2 BDCsderived
Industry
Telecommunicationsreportedas one filer wrote it