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Borrower

I••••• G•••• L••••••

group grade Aon a schedule nowsponsor unattributed
Also written as: I••••• G•••• L•••••• (dba UDG; UDG

What matters now

  1. 97¢ → 93¢
    consensus mark

    Consensus mark 93¢ on cost, down from 97¢ a year ago, 88¢ last quarter.

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

    Derived3 of 3 lenders' own marks, weighted by principal
  2. $31.4M
    principal outstanding

    $31.4M principal held by 3 lenders; matures Aug 2028.

    Q2 2026 · Refinancing is due in 23 months at a 93¢ mark.

    FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
Q2 2025: 97¢Q3 2025: 100¢Q4 2025: 98¢Q1 2026: 88¢Q2 2026: 93¢97¢ · 100¢ · 98¢ · 88¢ · 93¢Q2 2025 to Q2 2026
Where each lender marks it, 6 points apart
92¢Consensus: 93¢B••••••••• P•••••• C••••• F•••: 92¢S•••• P•••• C••••• I••••• F•••: 97¢S•••• P•••• C••••• C•••: 98¢98¢
Principal held
at least $31.4M
sum of BDC pieces, a lower bound
Fair value
$28.9M
93c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
6
3 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Aug 19, 2028
no dated debt inside 24 months
On the tape since
Mar 31, 2024
latest Jun 30, 2026
Events
3
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 · 4 positions across 3 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
B••••••••• P•••••• C••••• F•••unstated lien unstated
N••••••••• I•••••
$15.0M$13.6M
92c
S+735 bp
B••••••••• P•••••• C••••• F•••unstated lien unstated
N••••••••• I•••••
$10.0M$9.1M
92c
S+735 bp
S•••• P•••• C••••• I••••• F•••term loan first lien
F•••• L••• T••• L•••
$3.6M$3.4M
97c
S+425 bp
S•••• P•••• C••••• C•••term loan first lien
F•••• L••• T••• L•••, Due 8/19/2028
$2.9M$2.7M
98c
SOFR+425 bp
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
other lien unstatedat least $25.0M92cS+735 bpAug 19, 20291
first lien term loan first lienat least $6.4M98cSOFR+425 bpAug 19, 20282
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20263$31.4M$28.9M93c0
Mar 31, 20263$31.4M$27.2M88c0
Dec 31, 20253$33.9M$32.7M98c0
Sep 30, 20253$31.0M$30.4M100c0
All 6 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20251$25.0M$23.9M97c0
Mar 31, 20251$25.0M$23.9M97c0
What changed
Full timeline · 6 events
Every change including routine ones
Identity
Group key
INIZIO #UKderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 6 BDCsderived