The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.

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Borrower

V•••• B•••• A•

group grade Aon a schedule nowsponsor unattributed
Also written as: 1; Vitamin Well
Principal held
at least $415M
sum of BDC pieces, a lower bound
Fair value
$398M
102c on cost, debt pieces
Unfunded
$88.5M
commitments not yet drawn
BDC lenders
6
5 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Oct 29, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2023
latest Jun 30, 2026
Events
4
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 $302M102cS+425 bpOct 1, 20315
first lien revolver first lienat least $113M102cS+425 bpOct 29, 20316
other lien unstated
exited Mar 31, 2026
unknown103cS+425 bpOct 29, 20311
first lien delayed draw term loan first lien
exited Sep 30, 2024
unknownn/aunstated5
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
B••• O•• C•••••• C•••term loan first lien
First lien senior secured loan | Non-Affiliated
$61.3M$61.3M
102c
S+425 bp
B••• O•• C•••••• C•••revolver first lien
First lien senior secured revolving loan
n/a$0
B••• O•• C•••••• C••• I•term loan first lien
First lien senior secured loan | Non Affiliated
$3.8M$3.8M
101c
S+425 bp
B••• O•• C•••••• C••• I•revolver first lien
First lien senior secured revolving loan | Non-Affiliated
n/an/a
B••• O•• C••••• I••••• C••••revolver first lien
First lien senior secured revolving loan | Non-controlled/non-affiliated
n/an/a
B••• O•• C••••• I••••• C••••term loan first lien
First lien senior secured loan | Non-Affiliated Issuer
$223M$223M
102c
S+425 bp
B••• O•• T••••••••• I••••• C••••revolver first lien
First lien senior secured revolving loan
n/a$0
B••• O•• T••••••••• I••••• C••••term loan first lien
First lien senior secured loan
$13.6M$13.6M
101c
S+425 bp
H•• C•••••••• L•••••• F•••revolver first lien
1st Lien Senior Secured Revolving Loan
n/an/a
H•• C•••••••• L•••••• F•••revolver first lien
Non-Affiliated Issuer
$96.4M$96.4M
102c
S+425 bp
H•• C•••••••• L•••••• F•••revolver first lien
Non-Affiliated Issuer
$16.9M$0
0c
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20265$415M$398M102c0
Mar 31, 20265$303M$303M102c0
Dec 31, 20255$442M$426M102c0
Sep 30, 20255$424M$409M102c0
Jun 30, 20255$425M$410M102c0
Mar 31, 20255$444M$430M102c0
Dec 31, 20245$847M$808M100c0
Sep 30, 20245$0$0n/a0
Dec 31, 20235$0$0n/a0
What changed
Identity
Group key
VITAL #NOderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 6 BDCsderived