R•

group grade Aoff every schedule since Dec 31, 2025sponsor unattributed

Nothing material in the last 200 days. Last change: 31 Mar 2025, Consensus mark 96¢ on cost, down from 98¢ in Q2 2024, 100¢ last quarter.

Mark path, consensus per quarter end

98¢ · 98¢ · 100¢ · 96¢Q2 2024 to Q1 2025

Principal held

unknown

sum of BDC pieces, a lower bound

Fair value

Not disclosed

n/a on cost, debt pieces

Unfunded

Not disclosed

commitments not yet drawn

BDC lenders

0 on the latest quarter

Facilities

0 equity pieces beside them

Next maturity

unstated

no dated debt inside 24 months

On the tape since

Jun 30, 2024

latest Dec 31, 2025

Events

dated, non-routine

Lender marks

each lender's own fair value over cost at Mar 31, 2025, folded to one row per lender

Lender	Exposure	Current mark	QoQ change
O••••••• A••••••••	$7.92M	96¢	-4 pts

Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate

BDC	Instrument	Principal	Fair value	Rate
O••••••• A••••••••	term loan first lien F•••• lien senior secured term loan I••••••• R••• S••• + 2.50% M••••••• D••• 10/20/2028	$7.9M	$7.5M 96c	SOFR+250 bp

Capital structure as the BDCs see it

latest quarter end Mar 31, 2025

Facility	Held	On cost	Pricing	Maturity	BDCs
first lien term loan first lien exited Mar 31, 2025	at least $7.9M	96c	SOFR+250 bp	Oct 20, 2028	1

Through time

the borrower's pieces summed across BDCs, every quarter end

Quarter end	BDCs	Principal held	Fair value	On cost
Mar 31, 2025	1	$7.9M	$7.5M	96c
Dec 31, 2024	1	$7.9M	$7.9M	100c
Sep 30, 2024	1	$8.0M	$7.7M	98c
Jun 30, 2024	1	$8.0M	$7.7M	98c

What changed

Identity