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Borrower

S•••• W••• T••••••••• I••

group grade Aon a schedule nowsponsor unattributed

What matters now

  1. 90¢ → 100¢
    consensus mark

    Consensus mark 100¢ on cost, up from 90¢ a year ago, 100¢ last quarter.

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

    Derived1 of 1 lender' own marks, weighted by principal
Mark path, consensus per quarter end
Q2 2025: 90¢Q3 2025: 90¢Q4 2025: 89¢Q1 2026: 100¢Q2 2026: 100¢90¢ · 90¢ · 89¢ · 100¢ · 100¢Q2 2025 to Q2 2026
Principal held
at least $4.8M
sum of BDC pieces, a lower bound
Fair value
$4.2M
100c on cost, debt pieces
Unfunded
$653,000
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Dec 30, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
7
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 · 3 positions across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
N••••• C•••••••• D••••• L•••••• C••••term loan first lien
F•••• L••• D•••
$3.1M$3.1M
100c
S+475 bp
PIK 4.00%
N••••• C•••••••• D••••• L•••••• C••••delayed draw term loan first lien
F•••• L••• D••• (D•••••• D•••)
$1.7M$1.0M
100c
S+475 bp
N••••• C•••••••• D••••• L•••••• C••••delayed draw term loan first lien
D•••••• D••• L•••
Not disclosedNot disclosed
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $3.1M100cS+475 bp
PIK 4.00%
Dec 30, 20311
first lien delayed draw term loan first lienat least $1.7M100cS+475 bpDec 30, 20311
other lien unstated
exited Dec 31, 2024
at least $8.7M87cS+600 bpNov 5, 20261
delayed draw term loan lien unstated
exited Mar 31, 2026
unknownn/aunstated1
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$4.8M$4.2M100c1
Mar 31, 20261$4.8M$4.1M100c1
Dec 31, 20251$8.6M$7.6M89c0
Sep 30, 20251$8.7M$7.8M90c0
All 7 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20251$8.7M$7.8M90c0
Mar 31, 20251$8.7M$7.7M88c0
Dec 31, 20241$17.4M$15.2M87c0
What changed
Full timeline · 9 events
Every change including routine ones
Identity
Group key
S•••• W••• T•••••••••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived