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

H••••••• P••••• R••••••••• L••

Professional Servicesgroup grade Aon a schedule nowsponsor S••••••• C•••••• A•••••••• L•• carried
Also written as: 12; 2026; 28; LLC - Unfunded; LLC Acquisition 1; LLC Acquisitions 1
Principal held
at least $40.8M
sum of BDC pieces, a lower bound
Fair value
$28.1M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Jan 12, 2028
$9.2M inside 24 months
On the tape since
Mar 31, 2026
latest Jun 30, 2026
Events
1
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 $37.7M100cSOFR+500 bpJan 12, 20312
first lien revolver first lienat least $3.1Mn/a0.00%Jan 12, 20312
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
P••••••••• F••••••• R••• C•••••• L•••term loan first lien
First Lien Secured Debt Term Loan Acquisition 1/12/2026 Maturity 1/12/2028 Industry Profes
$7.9M$-30,0000.00%
P••••••••• F••••••• R••• C•••••• L•••term loan first lien
First Lien Secured Debt Acquisition 1/28/2026 Maturity 1/12/2031 Industry Professional Ser
$3.5M$3.5M
100c
//www.pennantpark.com/20260630#Secured Overnight Financing Rate+500 bp
P••••••••• F••••••• R••• C•••••• L•••term loan first lien
First Lien Secured Debt Acquisition 1/12/2026 Maturity 1/12/2031 Industry Professional Ser
$15.0M$14.8M
100c
SOFR+500 bp
P••••••••• F••••••• R••• C•••••• L•••term loan first lien
First Lien Secured Debt Acquisition 1/12/2026 Maturity 1/12/2031 Industry Professional Ser
$10.0M$9.9M
100c
SOFR+500 bp
P••••••••• F••••••• R••• C•••••• L•••revolver first lien
First Lien Secured Debt Revolver Acquisition 1/12/2026 Maturity 1/12/2031 Industry Profess
$2.6M$-26,0000.00%
P••••••••• I••••••••• C•••term loan first lien
First Lien Secured Debt Term Loan Acquisition 1/12/2026 Maturity 1/12/2028 Industry Busine
$1.3M$-5,0000.00%
P••••••••• I••••••••• C•••revolver first lien
First Lien Secured Debt Revolver Acquisition 1/12/2026 Maturity 1/12/2031 Industry Busines
$438,000$-4,0000.00%
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20262$40.8M$28.1M100c0
Mar 31, 20262$43.0M$30.4M100c0
What changed
Identity
Group key
HIGHWIRE PUBLIC RELATIONSderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 2 BDCsderived
Industry
Professional Servicesreportedas one filer wrote it