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Borrower

F•••••••• C•••••••••

group grade Aoff every schedule since Mar 31, 2025sponsor unattributed
Also written as: SK FC Holdings, L.P

Nothing material in the last 200 days. Last change: 31 Mar 2025, $14.3M principal held by 2 lenders; matures Apr 2028.

Mark path, consensus per quarter end
Q1 2024: 101¢Q2 2024: 101¢Q3 2024: 101¢Q4 2024: 101¢Q1 2025: 101¢101¢ · 101¢ · 101¢ · 101¢ · 101¢Q1 2024 to Q1 2025
Principal held
at least $14.3M
sum of BDC pieces, a lower bound
Fair value
$14.6M
101c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
4
1 equity pieces beside them
Next maturity
Apr 29, 2028
no dated debt inside 24 months
On the tape since
Sep 30, 2022
latest Mar 31, 2025
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Mar 31, 2025, folded to one row per lender
Every BDC piece · 11 positions across 2 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
S•••••• C•••••• I••••••••• C•••term loan lien unstated
T••• L••• (S•••)
$9.7M$9.7M
101c
//stelluscapital.com/20250331#Three Month Term Secured Overnight Financing Rate+650 bp
S•••••• P•••••• C••••• B••revolver lien unstated
R•••••••
$1.7M$1.7M
100c
SOFR+650 bp
S•••••• C•••••• I••••••••• C•••term loan lien unstated
T••• L•••
$877,716$877,716
102c
//stelluscapital.com/20250331#Three Month Term Secured Overnight Financing Rate+650 bp
S•••••• P•••••• C••••• B••term loan lien unstated
T••• L•••
$750,331$750,331
101c
SOFR+650 bp
S•••••• P•••••• C••••• B••term loan lien unstated
T••• L••• (P••• SPV)
$479,720$479,720
101c
SOFR+650 bp
View all 11 positionslargest principal first
BDCInstrumentPrincipalFair valueRate
S•••••• P•••••• C••••• B••delayed draw term loan lien unstated
D•••••• D••• T••• L•••
$319,429$319,429
100c
SOFR+650 bp
S•••••• P•••••• C••••• B••delayed draw term loan lien unstated
D•••••• D••• T••• L••• (P••• SPV)
$204,225$204,225
100c
SOFR+650 bp
S•••••• P•••••• C••••• B••term loan lien unstated
T••• L••• One
$157,417$157,417
102c
SOFR+650 bp
S•••••• C•••••• I••••••••• C•••revolver lien unstated
R•••••••
$89,333$89,333
100c
//stelluscapital.com/20250331#Three Month Term Secured Overnight Financing Rate+650 bp
S•••••• C•••••• I••••••••• C•••delayed draw term loan lien unstated
D•••••• D••• T••• L•••
$53,078$53,078
100c
//stelluscapital.com/20250331#Three Month Term Secured Overnight Financing Rate+650 bp
S•••••• P•••••• C••••• B••equity equity
C•••• A U••••
Not disclosed$228,778
142c
Capital structure as the BDCs see it
latest quarter end Mar 31, 2025
FacilityHeldOn costPricingMaturityBDCs
term loan lien unstated
exited Mar 31, 2025
at least $12.0M101cSOFR+650 bpApr 29, 20282
revolver lien unstated
exited Mar 31, 2025
at least $1.8M100cSOFR+650 bpApr 29, 20282
delayed draw term loan lien unstated
exited Mar 31, 2025
at least $576,732100c//stelluscapital.com/20250331#Three Month Term Secured Overnight Financing Rate+650 bpApr 29, 20282
first lien term loan first lien
exited May 10, 2022
from a deal announcement
size not statedn/aunstated1
Equity pieces beside the debt: equity ($228,778 fair value, 1 BDC)
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Mar 31, 20252$14.3M$14.3M101c0
Dec 31, 20242$12.9M$12.9M101c0
Sep 30, 20242$12.7M$12.7M101c0
Jun 30, 20242$12.2M$12.2M101c0
All 11 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Mar 31, 20242$12.5M$12.4M101c0
Dec 31, 20232$14.4M$14.2M100c0
Sep 30, 20232$5.7M$6.6M97c0
Jun 30, 20232$12.5M$12.3M100c0
Mar 31, 20232$12.6M$12.2M99c0
Dec 31, 20222$11.2M$11.0M100c0
Sep 30, 20222$11.2M$1.2M100c0
What changed
Every change including routine ones
Identity
Group key
FLORACHEMderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 2 BDCsderived