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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Borrower

m••••• I••

Application Softwaregroup grade Bon a schedule nowsponsor unattributed
Also written as: 2026; 26; 6; Equity; SAFE
Principal held
at least $10.9M
sum of BDC pieces, a lower bound
Fair value
$12.6M
100c on cost, debt pieces
Unfunded
$10.9M
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
2 equity pieces beside them
Next maturity
Jun 1, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2025
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 $10.9M100cS+350 bpJun 1, 20291
Equity pieces beside the debt: warrants ($147,000 fair value, 1 BDC), other ($1.8M fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
H••••••• C••••••• I•••unstated lien unstatedn/a$1.8M
100c
H••••••• C••••••• I•••term loan first lien
Senior Secured, June 2029, Prime + 3.50%, Floor rate 10.25%, 4.00% Exit Fee
$10.9M$10.6M
100c
S+350 bp
H••••••• C••••••• I•••warrants equity
Warrant, 5/20/2026, Common Stock
n/a$147,000
89c
H••••••• C••••••• I•••unstated lien unstatedn/an/a
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$10.9M$10.6M100c0
Dec 31, 20251$0$0n/a0
What changed
Identity
Group key
MICRO1derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived
Industry
Application Softwarereportedas one filer wrote it