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Borrower

S•••• S•••• T••••••••• I••

group grade Aon a schedule nowsponsor unattributed
Also written as: 2/6/2026; 9/23/2025; Equity; S•••• T•••••••••

Nothing material in the last 200 days. No dated change on record yet.

Mark path, consensus per quarter end
Q2 2025: 100¢Q3 2025: 100¢Q4 2025: 100¢Q1 2026: 100¢Q2 2026: 100¢100¢ · 100¢ · 100¢ · 100¢ · 100¢Q2 2025 to Q2 2026
Principal held
at least $28.6M
sum of BDC pieces, a lower bound
Fair value
$36.6M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
3 equity pieces beside them
Next maturity
May 1, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
1
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
H••••••• C••••••• I•••$28.6M100¢0 pts
Every BDC piece · 4 positions across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
H••••••• C••••••• I•••term loan first lien
S••••• S••••••, May 2029, P•••• + 1.00%, F•••• rate 7.50%, PIK I••••••• 2.00%, 5.25% E•••
$28.6M$28.2M
100c
S+100 bp
PIK 2.00%
H••••••• C••••••• I•••preferred equity equity
P•••••••• Series D
Not disclosed$2.4M
167c
H••••••• C••••••• I•••preferred equity equity
P•••••••• Series D-2
Not disclosed$1.7M
118c
H••••••• C••••••• I•••warrants equity
W••••••, 6/16/2025, C••••• S••••
Not disclosed$4.4M
441c
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $28.6M100cS+100 bp
PIK 2.00%
May 1, 20291
Equity pieces beside the debt: warrants ($4.4M fair value, 1 BDC), preferred equity ($4.0M fair value, 1 BDC), other (Not disclosed fair value, 1 BDC)
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$28.6M$28.2M100c1
Mar 31, 20261$28.4M$27.8M100c1
Dec 31, 20251$28.3M$27.5M100c1
Sep 30, 20251$22.6M$21.7M100c1
All 6 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20251$15.5M$14.8M100c1
Dec 31, 20241$0$0n/a0
What changed
Every change including routine ones
Identity
Group key
S•••• S•••• T•••••••••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived