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Borrower

A••• C•• L••

Structured finance (CLO)group grade Aon a schedule nowsponsor unattributed
Also written as: A••• C•• L•• - Class E; CLO; Multi-Sector Holdings; Series 2022-63A Investment Structured Credit; Series 2022-64A Investment Structured Credit; Series 2024-72A Investment Structured Credit

What matters now

  1. 103¢ → 93¢
    consensus mark

    Consensus mark 93¢ on cost, down from 103¢ a year ago, 100¢ last quarter.

    Q1 2026 · The lenders' own valuations, the most direct read of what they expect to recover.

    Derived1 of 1 lender' own marks, weighted by principal
Mark path, consensus per quarter end
Q4 2024: 103¢Q1 2025: 101¢Q2 2025: 101¢Q4 2025: 100¢Q1 2026: 93¢103¢ · 101¢ · 101¢ · 100¢ · 93¢Q4 2024 to Q1 2026
Principal held
at least $1.8M
sum of BDC pieces, a lower bound
Fair value
$1.7M
93c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Apr 15, 2034
no dated debt inside 24 months
On the tape since
Jun 30, 2024
latest Mar 31, 2026
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Mar 31, 2026, folded to one row per lender
LenderExposureCurrent markQoQ change
O•••••• S•••••••• L•••••• C•••$1.8M93¢-7 pts
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
O•••••• S•••••••• L•••••• C•••notes lien unstated
N••••
$1.8M$1.7M
93c
S+701 bp
Capital structure as the BDCs see it
latest quarter end Mar 31, 2026
FacilityHeldOn costPricingMaturityBDCs
other lien unstated
exited Jun 30, 2025
at least $5.0M101cS+670 bpApr 20, 20371
notes lien unstated
exited Mar 31, 2026
at least $1.8M93cS+701 bpApr 15, 20341
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Mar 31, 20261$1.8M$1.7M93c0
Dec 31, 20251$1.8M$1.8M100c0
Jun 30, 20251$5.0M$5.1M101c0
Mar 31, 20251$5.0M$5.1M101c0
All 7 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Dec 31, 20241$10.0M$10.3M103c0
Sep 30, 20241$5.0M$5.0M101c0
Jun 30, 20241$5.0M$5.0M100c0
What changed
Every change including routine ones
Identity
Group key
A••• C••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 3 BDCsderived
Industry
Structured finance (CLO)reportedas one filer wrote it