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Borrower

T••••••• T•••••• G•••• L••

group grade Aoff every schedule since Sep 30, 2025sponsor unattributed
Also written as: Commercial &

Nothing material in the last 200 days. Last change: 30 Sep 2025, Consensus mark 106¢ on cost, up from 105¢ a year ago, 99¢ last quarter.

Mark path, consensus per quarter end
Q3 2024: 105¢Q4 2024: 100¢Q1 2025: 103¢Q2 2025: 99¢Q3 2025: 106¢105¢ · 100¢ · 103¢ · 99¢ · 106¢Q3 2024 to Q3 2025
Principal held
at least $54.2M
sum of BDC pieces, a lower bound
Fair value
$72.6M
106c on cost, debt pieces
Unfunded
$12.1M
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Sep 1, 2026
$43.4M inside 24 months
On the tape since
Sep 30, 2023
latest Sep 30, 2025
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Sep 30, 2025, folded to one row per lender
LenderExposureCurrent markQoQ change
F• K•• C•••••• C•••$43.4M106¢+9 pts
K•• F• I••••• T••••$10.8M106¢-2 pts
Every BDC piece · 6 positions across 2 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
F• K•• C•••••• C•••revolver lien unstated
R•••••••, C••••••••• & P••••••••• Services 1
$36.0M$48.7M
109c
S+700 bp
K•• F• I••••• T••••revolver lien unstated
R•••••••, C••••••••• & P••••••••• Services 1
$9.0M$12.2M
107c
S+700 bp
F• K•• C•••••• C•••revolver lien unstated
R•••••••, C••••••••• & P••••••••• Services 2
$7.4M$9.4M
96c
S+700 bp
K•• F• I••••• T••••revolver lien unstated
R•••••••, C••••••••• & P••••••••• Services 2
$1.9M$2.3M
101c
S+700 bp
F• K•• C•••••• C•••revolver lien unstated
R•••••••
Not disclosedNot disclosedS+700 bp
View all 6 positionslargest principal first
BDCInstrumentPrincipalFair valueRate
K•• F• I••••• T••••revolver lien unstated
R•••••••
Not disclosedNot disclosedS+700 bp
Capital structure as the BDCs see it
latest quarter end Sep 30, 2025
FacilityHeldOn costPricingMaturityBDCs
revolver lien unstated
exited Sep 30, 2025
at least $54.2M106cS+700 bpSep 1, 20262
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Sep 30, 20252$54.2M$72.6M106c0
Jun 30, 20252$54.2M$73.8M108c0
Mar 31, 20252$54.2M$70.5M103c0
Dec 31, 20242$108M$136M100c0
All 9 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Sep 30, 20242$54.2M$71.8M105c0
Jun 30, 20242$54.2M$68.5M100c0
Mar 31, 20242$54.1M$68.4M100c0
Dec 31, 20232$97.6M$124M101c0
Sep 30, 20232$54.2M$66.7M98c0
What changed
Every change including routine ones
Identity
Group key
TALKTALK TELECOMderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 2 BDCsderived