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Borrower

L••• C••••••••• I••

Household Durablesgroup grade Aon a schedule nowsponsor unattributed
Also written as: L••• C••••••••• Borrower LLC

What matters now

  1. 91¢ → 96¢
    consensus mark

    Consensus mark 96¢ on cost, up from 91¢ a year ago, 96¢ last quarter.

    Q2 2026 · The lenders' own valuations moved back up.

    Derived3 of 3 lenders' own marks, weighted by principal
  2. 11 pts
    87¢ to 98¢

    Lenders disagree by 11 points: C••• I••••••••• C••• 87¢ to T•• D••••• L•••••• V•• L•• 98¢.

    Q2 2026 · Holders value the same loan differently, so a position could trade between them.

    Derivedeach lender's own fair value over costFor secondary buyers, special situations fundsLender marks
  3. $103M
    principal outstanding

    $103M principal held by 3 lenders; matures Sep 2027.

    Q2 2026 · Refinancing is due in 12 months at a 96¢ 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: 91¢Q3 2025: 89¢Q4 2025: 92¢Q1 2026: 96¢Q2 2026: 96¢91¢ · 89¢ · 92¢ · 96¢ · 96¢Q2 2025 to Q2 2026
Where each lender marks it, 11 points apart
87¢Consensus: 96¢T•• D••••• L•••••• V•• L••: 98¢C••• I••••••••• C•••: 87¢B•• I••••••••• C•••: 95¢98¢
Principal held
at least $103M
sum of BDC pieces, a lower bound
Fair value
$94.0M
96c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
2
1 equity pieces beside them
Next maturity
Sep 19, 2027
$21.8M inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
11
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
Every BDC piece · 6 positions across 3 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
T•• D••••• L•••••• V•• L••term loan lien unstated
A••••••••• D••• 09/19/22 T••• L••• - 13.76% inc PIK (S••• + 10.00%, 3.00% F••••, 2.00% PIK
$74.2M$68.6M
98c
SOFR+1000 bp
PIK 2.00%
C••• I••••••••• C•••term loan first lien
S••••• S•••••• F•••• L••• D•••
$21.8M$18.8M
87c
S+1000 bp
B•• I••••••••• C•••term loan first lien
F•••• L••• /S••••• S•••••• D••• T••• L••• B H•••••••• D••••••• I••••••• R••• 13.76% R•••••
$7.2M$6.6M
95c
SOFR+1000 bp
PIK 2.00%
B•• I••••••••• C•••term loan first lien
F•••• L••• /S••••• S•••••• D••• I••••••• R••• 13.76% S••• + 10.00%, 2.00% PIK F•••• 3.00%
$55,000Not disclosed
n/a
SOFR+1000 bp
PIK 2.00%
C••• I••••••••• C•••equity equity
C••••• S•••• | N•••••••••, A••••••••• Investments
Not disclosed$0
View all 6 positionslargest principal first
BDCInstrumentPrincipalFair valueRate
C••• I••••••••• C•••term loan first lien
S••••• S•••••• F•••• L••• D•••
Not disclosedNot disclosedS+1000 bp
PIK 2.00%
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
term loan lien unstatedat least $74.2M98cSOFR+1000 bp
PIK 2.00%
Mar 31, 20291
first lien term loan first lienat least $29.0M89cSOFR+1000 bp
PIK 2.00%
Apr 2, 20292
Equity pieces beside the debt: equity ($0 fair value, 3 BDCs)
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20263$103M$94.0M95c4
Mar 31, 20263$103M$94.2M96c3
Dec 31, 20253$76.5M$65.9M92c0
Sep 30, 20253$70.2M$58.7M89c0
All 7 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20253$70.2M$59.8M91c0
Mar 31, 20253$70.2M$62.3M95c0
Dec 31, 20242$0$0n/a0
What changed
Full timeline · 21 events
Every change including routine ones
Identity
Group key
L••• C•••••••••derivedthe codename stem after legal suffixes and deal words
Spellings
2 across 3 BDCsderived
Industry
Household Durablesreportedas one filer wrote it