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Borrower

I•••••• B••••••• C•••••••••

Transportationgroup grade Aon a schedule nowsponsor not established · possible relationship
Also written as: 1; 2; 3; 4; Commercial &; Commercial & Professional Services; I•••••• Global LLC; I•••••• Investments Holdings, LLC

What matters now

  1. $143M
    principal outstanding

    $143M principal held by 8 lenders; matures Jul 2028.

    Q2 2026 · Refinancing is due in 22 months at a 98¢ mark.

    FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
Q2 2025: 100¢Q3 2025: 99¢Q4 2025: 99¢Q1 2026: 99¢Q2 2026: 98¢100¢ · 99¢ · 99¢ · 99¢ · 98¢Q2 2025 to Q2 2026
Where each lender marks it, 9 points apart
92¢Consensus: 98¢F• K•• C•••••• C•••: 100¢M•• I••••• F•••• I•••: 92¢M••• S••••• C•••••• C•••: 93¢G•••• C•••••• B••• I•••: 101¢S•• P•••••• C••••• I••••• B•• L••: 101¢A•••• C••••• B•• I•••: 101¢101¢
Principal held
at least $143M
sum of BDC pieces, a lower bound
Fair value
$139M
98c on cost, debt pieces
Unfunded
$38.4M
commitments not yet drawn
BDC lenders
11
9 on the latest quarter
Facilities
5
2 equity pieces beside them
Next maturity
Jul 19, 2028
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
7
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
View all 8 lenderslargest exposure first
Every BDC piece · 24 positions across 9 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
F• K•• C•••••• C•••term loan first lien$57.1M$57.1M
101c
S+500 bp
F• K•• C•••••• C•••term loan first lien$36.6M$36.6M
100c
S+500 bp
M•• I••••• F•••• I•••term loan lien unstated
S•••••• D••• 2
$16.5M$15.0M
92c
S+625 bp
M••• S••••• C•••••• C•••term loan lien unstated
S•••••• D••• 2
$14.1M$12.8M
92c
S+625 bp
K•• E••••••• U• D••••• L•••••• F••••• I•••unstated lien unstated$6.4M$6.4MS+500 bp
View all 24 positionslargest principal first
BDCInstrumentPrincipalFair valueRate
K•• E••••••• U• D••••• L•••••• F••••• I•••unstated lien unstated$4.8M$0S+500 bp
G•••• C•••••• B••• I•••term loan first lien
S••••• secured 1 | N••••••••• I•••••
$2.6M$2.6M
101c
S+700 bp
PIK 1.00%
S•• P•••••• C••••• I••••• B•• L••unstated lien unstated
I••••••• G••••• T••••••••• S••••• above I•••• S+550(11) F•••• 1.00% I••••••• R••• 9.23% A•
$2.4M$2.4M
101c
SOFR+550 bp
A•••• C••••• B•• I•••term loan first lien
Investment T••• 1st L••• T••• L••• I•••• S+ S••••• 5.00% I••••••• R••• 8.73% A••••••••• D•
$1.4M$1.4M
101c
SOFR+500 bp
M•• I••••• F•••• I•••term loan lien unstated
S•••••• D••• 1
$725,000$659,000
93c
S+625 bp
M••• S••••• C•••••• C•••term loan lien unstated
S•••••• D••• 1
$617,000$561,000
96c
S+625 bp
G•••• C•••••• B••• I•••term loan first lien
S••••• secured 2 | N••••••••• I•••••
$185,000$185,000
105c
S+550 bp
G•••• C•••••• B••• I•••term loan first lien
S••••• secured 3 | N••••••••• I•••••
$6,000$6,000
100c
S+700 bp
PIK 1.00%
A••••• D••• S•••••••• B••preferred equity equity
S••••••• T••• P•••••••• Equity - P•••••••• S•••••
Not disclosedNot disclosed
A••••• D••• S•••••••• B••equity equity
S••••••• T••• C••••• Equity - Equity U•••
Not disclosedNot disclosed
A•••• C••••• B•• I•••revolver first lien
Investment T••• S••••• S•••••• 2024 R••••••••• R•••••••• L••• I•••• S+ S••••• 5.00% I•••••
Not disclosedNot disclosedSOFR+500 bp
C••••••• C•••••• B••• I•••revolver lien unstated
Investment T••• R••••••• C••••••••• E••••••••• D••• 1/28/2029
Not disclosedNot disclosed
F• K•• C•••••• C•••unstated lien unstatedNot disclosedNot disclosed
G•••• C•••••• B••• I•••preferred equity equity
P•••••••• stock | N••••••••• I•••••
Not disclosed$3.2M
116c
G•••• C•••••• B••• I•••equity equity
C••••• stock | N••••••••• I•••••
Not disclosed$193,000
105c
M••• S••••• C•••••• C•••equity equity
C••••• Equity
Not disclosed$40,000
6c
M••• S••••• C•••••• C•••unstated lien unstatedNot disclosedNot disclosed
M•• I••••• F•••• I•••unstated lien unstatedNot disclosedNot disclosed
M•• I••••• F•••• I•••equity equity
C••••• Equity
Not disclosed$10,000
4c
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $97.9M100cSOFR+500 bp
PIK 1.00%
Jan 1, 20295
term loan lien unstatedat least $31.9M92cS+625 bpJul 19, 20292
other lien unstatedat least $13.7M101cSOFR+500 bpJan 31, 20295
revolver lien unstatedunknownn/aunstated1
first lien revolver first lienunknownn/aSOFR+500 bpSep 22, 20281
Equity pieces beside the debt: preferred equity ($3.2M fair value, 2 BDCs), equity ($243,000 fair value, 4 BDCs)
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20269$143M$136M103c2
Mar 31, 20269$147M$140M103c2
Dec 31, 20257$192M$185M103c0
Sep 30, 20257$168M$161M104c0
All 17 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20257$169M$163M104c0
Mar 31, 20256$145M$139M104c0
Dec 31, 20246$258M$250M102c0
Sep 30, 20245$258M$252M103c0
Jun 30, 20245$259M$253M103c0
Mar 31, 20244$248M$247M101c0
Dec 31, 20234$474M$474M101c0
Sep 30, 20234$249M$246M100c0
Jun 30, 20232$227M$221M98c0
Mar 31, 20231$251M$244M98c0
Dec 31, 20222$504M$488M98c0
Sep 30, 20221$252M$248M99c0
Dec 31, 20211$271M$268M100c0
What changed
Full timeline · 19 events
Every change including routine ones
Identity
Group key
INSIGHTderivedthe codename stem after legal suffixes and deal words
Spellings
6 across 11 BDCsderived
Industry
Transportationreportedas one filer wrote it