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Borrower

R•• S•••••••• L••

Softwaregroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $5.4M
sum of BDC pieces, a lower bound
Fair value
$1.7M
68c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
4
1 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
Dec 31, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
9
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 $5.4M68c9.16%
PIK 4.00%
Dec 31, 20304
second lien term loan second lien
exited Dec 31, 2025
at least $15.0M18c11.85%Apr 27, 20292
Equity pieces beside the debt: equity (n/a fair value, 1 BDC), preferred equity ($104,000 fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
O••••• S••••• C•••••• C••••equity equity
C••••• S•••• common stock
n/an/a
O••••• S••••• C•••••• C••••term loan first lien
S••••• S•••••• N•••• first lien third out senior secured notes
$3.6M$1.1M
79c
8.00%
PIK 4.00%
O••••• S••••• C•••••• C••••preferred equity equity
P•••••••• S•••• C•••• A P•••••••• S••••
n/a$104,000
100c
O••••• S••••• C•••••• C••••preferred equity equity
P•••••••• S•••• C•••• B P•••••••• S••••
n/an/a
O••••• S••••• C•••••• C••••term loan first lien
S••••• S•••••• N•••• first lien second out senior secured notes
$1.8M$531,000
54c
9.16%
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$5.4M$1.6M68c1
Mar 31, 20261$5.4M$1.9M83c1
Dec 31, 20251$15.0M$2.7M18c0
Sep 30, 20251$15.0M$3.0M20c0
Jun 30, 20251$15.0M$3.5M23c0
Dec 31, 20241$15.0M$6.8M46c0
Jun 30, 20241$4.0M$3.3M83c0
Mar 31, 20241$4.0M$2.4M61c0
Dec 31, 20232$10.2M$7.1M70c0
Sep 30, 20231$4.0M$2.6M67c0
Jun 30, 20233$12.2M$9.2M76c0
Mar 31, 20233$8.2M$5.4M66c0
Dec 31, 20223$12.2M$8.1M67c0
Sep 30, 20221$7.2M$5.7M79c0
Dec 31, 20211$14.5M$13.8M96c0
What changed
Every change including routine ones
Identity
Group key
R•• S•••••••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 4 BDCsderived
Industry
Softwarereportedas one filer wrote it