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Borrower

M••••• P•••••••• S•••••••• H•••••• C••••••

Materialsgroup grade Aon a schedule nowsponsor unattributed
Also written as: Fixed Rate

What matters now

  1. 105¢ → 99¢
    consensus mark

    Consensus mark 99¢ on cost, down from 105¢ a year ago, 97¢ last quarter.

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

    Derived4 of 4 lenders' own marks, weighted by principal
Mark path, consensus per quarter end
Q3 2024: 105¢Q4 2024: 103¢Q4 2025: 99¢Q1 2026: 97¢Q2 2026: 99¢105¢ · 103¢ · 99¢ · 97¢ · 99¢Q3 2024 to Q2 2026
Where each lender marks it, 1 points apart
99¢Consensus: 99¢B••• O•• C••••• I••••• C••••: 99¢B•••••• P•••••• C••••• C•••: 99¢B•••••••• P•••••• C••••• F•••: 100¢C••••••• P•••••• C••••• I••••• C•••: 100¢100¢
Principal held
at least $38.9M
sum of BDC pieces, a lower bound
Fair value
$38.3M
99c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
6
4 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Apr 1, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
6
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
Every BDC piece · 4 positions across 4 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
B••• O•• C••••• I••••• C••••term loan first lien
F•••• lien senior secured loan | N••••••••• I•••••
$33.2M$32.7M
99c
S+350 bp
B•••••• P•••••• C••••• C•••term loan first lien
F•••• L••• S••••• S•••••• T••• L•••
$2.9M$2.8M
99c
S+350 bp
B•••••••• P•••••• C••••• F•••term loan first lien
I••••••••• F•••• L••• T••• L••• Ref S•••(M) F•••• —% S••••• 3.50% T•••• C••••• 7.12% M••••
$1.5M$1.5M
100c
SOFR+350 bp
C••••••• P•••••• C••••• I••••• C•••term loan first lien
Investment T••• S••••• S•••••• F•••• L••• T••• L••• I••••••• T••• S + 350 I••••••• R••• 7.
$1.4M$1.3M
100c
SOFR+350 bp
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $38.9M99cSOFR+350 bpApr 30, 20306
notes lien unstated
exited Dec 31, 2024
at least $12.5M103c7.88%Apr 15, 20271
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20264$38.9M$38.3M99c0
Mar 31, 20264$51.5M$49.7M97c0
Dec 31, 20254$51.5M$50.4M99c0
Dec 31, 20241$12.5M$12.8M103c0
All 12 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Sep 30, 20241$12.5M$12.9M105c0
Jun 30, 20241$23.4M$23.7M102c0
Mar 31, 20241$28.4M$28.7M102c0
Dec 31, 20231$28.4M$28.8M102c0
Sep 30, 20231$21.0M$20.8M100c0
Jun 30, 20231$10.0M$10.0M101c0
Mar 31, 20232$11.2M$11.2M101c0
Dec 31, 20221$1.2M$1.2M100c0
What changed
Full timeline · 17 events
Every change including routine ones
Identity
Group key
MAUSER PACKAGING SOLUTIONSderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 6 BDCsderived
Industry
Materialsreportedas one filer wrote it