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Borrower

R••••• I••

group grade Bon a schedule nowsponsor unattributed
Also written as: Other

What matters now

  1. 100¢ → 26¢
    consensus mark

    Consensus mark 26¢ on cost, down from 100¢ a year ago, 100¢ last quarter.

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

    Derived1 of 1 lender' own marks, weighted by principal
  2. $220K
    principal outstanding

    $220K principal held by 1 lender.

    Q2 2026 · The loss if the marks hold, spread across the holders below.

    FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
  3. 100¢ → 26¢
    -74 pts, one lender

    W•• F••• X• I••• marked it 100¢ → 26¢, the largest move among 1 lender this quarter.

    Q2 2026 · One holder repriced far more than the rest.

    FactW•• F••• X• I••• schedule of investmentsOpen the lender
Mark path, consensus per quarter end
Q2 2025: 100¢Q3 2025: 100¢Q4 2025: 100¢Q1 2026: 100¢Q2 2026: 26¢100¢ · 100¢ · 100¢ · 100¢ · 26¢Q2 2025 to Q2 2026
Principal held
at least $220,000
sum of BDC pieces, a lower bound
Fair value
$55,568
26c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
1 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Jun 30, 2023
latest Jun 30, 2026
Events
2
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
W•• F••• X• I•••$220K26¢-74 pts
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
W•• F••• X• I•••term loan first lien
S••••• S••••••
$220,000$55,568
26c
10.00%
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $220,00026c10.00%unstated1
Equity pieces beside the debt: 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$220,000$55,56826c0
Mar 31, 20261$220,000$216,626100c0
Dec 31, 20251$220,000$216,075100c0
Sep 30, 20251$220,000$215,458100c0
All 13 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20251$220,000$214,698100c0
Mar 31, 20251$220,000$213,969100c0
Dec 31, 20241$440,000$426,568100c0
Sep 30, 20241$477,589$469,749100c0
Jun 30, 20241$500,000$490,929100c0
Mar 31, 20241$500,000$489,717100c0
Dec 31, 20231$500,000$488,566100c0
Sep 30, 20231$500,000$487,462100c0
Jun 30, 20231$250,000$238,774100c0
What changed
Every change including routine ones
Identity
Group key
RUNZYderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived