The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

Borrower

P••••••• M•• I••••••••• H••••• L••

group grade Aon a schedule nowsponsor unattributed
Also written as: BPCP P••••••• Holdings, Inc

What matters now

  1. 100¢ → 91¢
    consensus mark

    Consensus mark 91¢ on cost, down from 100¢ a year ago, 90¢ last quarter.

    Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.

    Derived2 of 2 lenders' own marks, weighted by principal
Mark path, consensus per quarter end
Q2 2025: 100¢Q3 2025: 94¢Q4 2025: 90¢Q1 2026: 90¢Q2 2026: 91¢100¢ · 94¢ · 90¢ · 90¢ · 91¢Q2 2025 to Q2 2026
Where each lender marks it, 2 points apart
90¢Consensus: 91¢A••• S•••••••• I••••• F•••: 92¢A••• C•••••• C•••: 90¢92¢
Principal held
at least $16.3M
sum of BDC pieces, a lower bound
Fair value
$15.0M
91c on cost, debt pieces
Unfunded
$12.6M
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
3 equity pieces beside them
Next maturity
Oct 1, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
7
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
Every BDC piece · 10 positions across 2 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
A••• S•••••••• I••••• F•••term loan first lien
F•••• lien senior secured loan
$8.6M$7.8M
92c
S+675 bp
PIK 1.50%
A••• C•••••• C•••term loan first lien
F•••• lien senior secured loan
$6.6M$6.0M
91c
S+675 bp
PIK 1.50%
A••• S•••••••• I••••• F•••revolver first lien
F•••• lien senior secured revolving loan
$639,500$582,000
95c
S+675 bp
PIK 1.50%
A••• C•••••• C•••revolver first lien
F•••• lien senior secured revolving loan
$500,000$400,000
80c
S+675 bp
PIK 1.50%
A••• C•••••• C•••preferred equity equity
P•••••••• units
Not disclosed$100,000
100c
PIK 20.00%
View all 10 positionslargest principal first
BDCInstrumentPrincipalFair valueRate
A••• C•••••• C•••equity equity
C••••• stock
Not disclosed$0
0c
A••• C•••••• C•••unstated lien unstatedNot disclosedNot disclosed
A••• S•••••••• I••••• F•••equity equity
C••••• stock
Not disclosed$6,700
1c
A••• S•••••••• I••••• F•••unstated lien unstatedNot disclosedNot disclosed
A••• S•••••••• I••••• F•••preferred equity equity
P•••••••• units
Not disclosed$109,000
100c
PIK 20.00%
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $15.2M91cS+675 bp
PIK 1.50%
Oct 1, 20302
first lien revolver first lienat least $1.1M88cS+675 bp
PIK 1.50%
Oct 1, 20302
Equity pieces beside the debt: equity ($6,700 fair value, 2 BDCs), other (Not disclosed fair value, 2 BDCs), preferred equity ($209,000 fair value, 2 BDCs)
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20262$16.3M$14.8M91c4
Mar 31, 20262$16.8M$15.0M90c4
Dec 31, 20252$16.8M$15.0M90c4
Sep 30, 20252$18.2M$17.0M94c0
All 7 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20252$17.7M$17.6M100c0
Mar 31, 20252$14.0M$13.8M99c0
Dec 31, 20242$13.8M$13.5M99c0
What changed
Full timeline · 25 events
Every change including routine ones
Identity
Group key
PINNACLE MEPderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 2 BDCsderived