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Borrower

X•••••• M•••• H••••••• I••

group grade Aon a schedule nowsponsor unattributed
Also written as: Debt investments

What matters now

  1. 100¢ → 99¢
    consensus mark

    Consensus mark 99¢ on cost, down from 100¢ in Q4 2025, 97¢ 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
Mark path, consensus per quarter end
Q4 2025: 100¢Q1 2026: 97¢Q2 2026: 99¢100¢ · 97¢ · 99¢Q4 2025 to Q2 2026
Principal held
at least $6.2M
sum of BDC pieces, a lower bound
Fair value
$6.0M
99c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Nov 24, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2025
latest Jun 30, 2026
Events
1
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
A••••••••• C••••• C••••••• L••$6.21M99¢+2 pts
Every BDC piece · 2 positions across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
A••••••••• C••••• C••••••• L••delayed draw term loan first lien
F•••• L••• D•••••• D••• T••• L•••
$6.2M$6.0M
99c
SOFR+725 bp
A••••••••• C••••• C••••••• L••revolver first lien
F•••• L••• R•••••••• L•••
Not disclosed$-31,000
94c
SOFR+725 bp
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien delayed draw term loan first lienat least $6.2M99cSOFR+725 bpNov 24, 20301
first lien revolver first lienunknownn/aSOFR+725 bpNov 24, 20301
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$6.2M$6.0M99c0
Mar 31, 20261$3.4M$3.1M97c0
Dec 31, 20251$750,000$538,000100c0
What changed
Every change including routine ones
Identity
Group key
XPOSURE MUSICderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived