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Borrower

A•••••• S••••••• I••

Softwaregroup grade Aon a schedule nowsponsor not established · possible relationship
Also written as: Emerald JV LP; Verdelite JV LP
Principal held
at least $31.5M
sum of BDC pieces, a lower bound
Fair value
$30.9M
98c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
9
4 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Feb 1, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
5
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 $31.5M98cSOFR+225 bpFeb 24, 20316
other lien unstated
exited Jun 30, 2025
at least $17.1M100cS+250 bpFeb 24, 20314
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
A••• S•••••••• I••••• F•••term loan first lien
F•••• lien senior secured loan
$26.1M$25.6M
98c
S+225 bp
B•••••• P•••••• C••••• C•••term loan first lien
F•••• L••• S••••• S•••••• T••• L•••
$995,000$976,000
98c
S+225 bp
B•••••••• P•••••• C••••• F•••term loan first lien
I••••••••• F•••• L••• T••• L••• Ref S•••(Q) F•••• 0.50% S••••• 2.25% T•••• C••••• 5.98% M•
$486,975$479,366
98c
SOFR+225 bp
N•••• H•••• P•••••• I••••• F••• L••term loan first lien
Investment F•••• L••• D••• R•••••••• R••• & S••••• S + 2.25% I••••••• R••• 5.98% M•••••••
$3.9M$3.8M
98c
SOFR+225 bp
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20264$31.5M$30.9M98c0
Mar 31, 20264$31.6M$30.9M98c0
Dec 31, 20255$58.7M$59.0M101c0
Sep 30, 20254$50.2M$50.2M100c0
Jun 30, 20255$68.9M$69.2M100c0
Mar 31, 20254$46.2M$46.2M100c0
Dec 31, 20245$76.3M$77.1M101c0
Sep 30, 20245$25.4M$25.4M100c0
Jun 30, 20245$24.7M$24.9M101c0
Mar 31, 20245$24.7M$24.9M101c0
Dec 31, 20232$9.9M$9.9M100c0
Sep 30, 20232$9.1M$9.2M100c0
Jun 30, 20232$8.7M$8.7M100c0
Mar 31, 20233$18.5M$18.5M100c0
Dec 31, 20223$13.0M$13.0M100c0
What changed
Every change including routine ones
Identity
Group key
A•••••• S••••••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 9 BDCsderived
Industry
Softwarereportedas one filer wrote it