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Borrower

C•••••• R••••••••• S••••••• L••

group grade Aon a schedule nowsponsor unattributed
Also written as: Electric

What matters now

  1. 99¢ → 93¢
    consensus mark

    Consensus mark 93¢ on cost, down from 99¢ a year ago, 94¢ last quarter.

    Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.

    Derived3 of 3 lenders' own marks, weighted by principal
Mark path, consensus per quarter end
Q2 2025: 99¢Q3 2025: 100¢Q4 2025: 100¢Q1 2026: 94¢Q2 2026: 93¢99¢ · 100¢ · 100¢ · 94¢ · 93¢Q2 2025 to Q2 2026
Where each lender marks it on the first lien term loan, 1 point apart
93¢Consensus: 93¢B•••••• P•••••• C••••• C•••: 93¢B•••••• B••• I•••: 93¢B•••••• C•••••• I••••••••• C•••: 94¢94¢
Principal held
at least $29.3M
sum of BDC pieces, a lower bound
Fair value
$26.9M
93c on cost, debt pieces
Unfunded
$716,000
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
3
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
B•••••• P•••••• C••••• C•••term loan first lien
F•••• L••• S••••• S•••••• T••• L•••
$21.3M$19.6M
93c
S+600 bp
B•••••• B••• I•••term loan first lien
F•••• L••• S••••• S•••••• T••• L•••
$4.6M$4.2M
93c
S+600 bp
B•••••• C•••••• I••••••••• C•••term loan first lien
F•••• L••• S••••• S•••••• T••• L•••
$2.3M$2.1M
94c
S+600 bp
B•••••• P•••••• C••••• C•••revolver lien unstated
R•••••••
$777,000$674,000
89c
S+600 bp
B•••••• B••• I•••revolver lien unstated
R•••••••
$199,000$172,000
89c
S+600 bp
View all 6 positionslargest principal first
BDCInstrumentPrincipalFair valueRate
B•••••• C•••••• I••••••••• C•••revolver lien unstated
R•••••••
$99,000$86,000
89c
S+600 bp
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $28.2M93cS+600 bpunstated3
revolver lien unstatedat least $1.1M89cS+600 bpunstated3
delayed draw term loan lien unstated
exited Dec 31, 2025
unknownn/aS+600 bpunstated3
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20263$29.3M$26.9M93c0
Mar 31, 20263$29.3M$27.2M94c0
Dec 31, 20253$30.7M$30.2M100c0
Sep 30, 20253$28.4M$28.0M100c0
All 12 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20253$21.2M$20.7M99c0
Mar 31, 20253$18.4M$17.3M96c0
Dec 31, 20243$34.9M$32.5M95c0
Sep 30, 20243$17.1M$16.8M101c0
Jun 30, 20243$13.1M$12.7M101c0
Mar 31, 20243$12.1M$12.0M104c0
Dec 31, 20233$9.5M$9.0M100c0
Dec 31, 20223$0$0n/a0
What changed
Full timeline · 17 events
Every change including routine ones
Identity
Group key
C•••••• R••••••••• S•••••••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 3 BDCsderived