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Borrower

A•••••• P••••••••• I••

P•••••••••group grade Aon a schedule nowsponsor unattributed

What matters now

  1. 100¢ → 103¢
    consensus mark

    Consensus mark 103¢ on cost, up from 100¢ a year ago, 100¢ last quarter.

    Q1 2026 · The lenders' own valuations moved back up.

    Derived1 of 1 lender' own marks, weighted by principal
Mark path, consensus per quarter end
Q1 2025: 100¢Q2 2025: 101¢Q3 2025: 100¢Q4 2025: 100¢Q1 2026: 103¢100¢ · 101¢ · 100¢ · 100¢ · 103¢Q1 2025 to Q1 2026
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
$163M
103c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
May 1, 2030
no dated debt inside 24 months
On the tape since
Jun 30, 2024
latest Mar 31, 2026
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Mar 31, 2026, folded to one row per lender
LenderExposureCurrent markQoQ change
S•••• S••••• L•••••• P•••••••no principal filed103¢+3 pts
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
S•••• S••••• L•••••• P•••••••term loan first lien
F••••••••• loan ($157,895 par, due 5/2030) I•••••• A••••••••• D••• 5/13/2024 R•••••••• R••
Not disclosed$163M
103c
SOFR+575 bp
Capital structure as the BDCs see it
latest quarter end Mar 31, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lien
exited Mar 31, 2026
unknown103cSOFR+575 bpMay 1, 20301
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Mar 31, 20261$0$163M103c0
Dec 31, 20251$0$158M100c0
Sep 30, 20251$0$159M100c0
Jun 30, 20251$0$159M101c0
All 8 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Mar 31, 20251$0$158M100c0
Dec 31, 20241$0$319M101c0
Sep 30, 20241$0$159M101c0
Jun 30, 20241$0$178M100c0
What changed
Every change including routine ones
Identity
Group key
A•••••• P•••••••••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived
Industry
P•••••••••reportedas one filer wrote it