The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.

Borrower

Brand Industrial Services Inc

Services: Businessgroup grade Aon a schedule nowsponsor Clayton, Dubilier & Rice, LLC carried
Also written as: Inc. First and
Principal held
at least $21.0M
sum of BDC pieces, a lower bound
Fair value
$17.0M
84c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
6
3 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Aug 1, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
12
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $21.0M84cSOFR+450 bpAug 1, 20305
other lien unstated
exited Dec 31, 2025
at least $15.9M104c10.38%Aug 1, 20302
term loan lien unstated
exited Dec 31, 2025
at least $5.9M92cSOFR+450 bpAug 1, 20302
second lien term loan second lien
exited Jun 30, 2023
at least $997,347104cS+425 bpJun 21, 20241
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
BlackRock Private Credit Fundterm loan first lien
Instrument First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 4.50% Total Coupon 8.16% Ma
$4.6M$3.6M
79c
SOFR+450 bp
Steele Creek Capital Corpterm loan first lien
First Lien - Term Loan
$497,000$391,000
79c
4.50%
T. Rowe Price OHA Select Private Credit Fundterm loan first lien
First Lien Debt
$15.9M$13.0M
86c
10.38%
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20263$21.0M$17.0M84c0
Mar 31, 20263$21.0M$19.0M94c0
Dec 31, 20254$42.8M$41.2M100c0
Sep 30, 20254$25.6M$24.5M99c0
Jun 30, 20254$23.8M$22.0M92c0
Mar 31, 20252$10.4M$9.8M95c0
Dec 31, 20243$12.1M$11.7M97c0
Sep 30, 20242$6.6M$6.4M98c0
Jun 30, 20241$5.0M$5.0M100c0
Jun 30, 20232$14.0M$13.8M103c0
Mar 31, 20231$13.1M$12.2M99c0
Dec 31, 20221$13.1M$11.7M96c0
What changed
Every change including routine ones
Identity
Group key
BRAND INDUSTRIAL SERVICESderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 6 BDCsderived
Industry
Services: Businessreportedas one filer wrote it