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Borrower

4•••••• S•••••••• A••••• A••••••••• C••• I•

Paper & Forest Productsgroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $1.4M
sum of BDC pieces, a lower bound
Fair value
$2.6M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
2 equity pieces beside them
Next maturity
Jan 14, 2031
no dated debt inside 24 months
On the tape since
Mar 31, 2025
latest Jun 30, 2026
Events
4
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 $1.4M100c8.89%Jan 14, 20311
first lien delayed draw term loan first lienunknownn/a5.75%Jan 14, 20311
first lien revolver first lien
exited Mar 31, 2026
unknownn/a5.75%Jan 14, 20311
Equity pieces beside the debt: equity (Not disclosed fair value, 1 BDC), preferred equity ($1.2M fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
A••••• D••• S•••••••• B••term loan first lien
Investment T••• F•••• L••• S•••••• D••• - T••• L••• I••••••• R••• 8.89% M••••••• D••• 01/1
$805,000$805,000
100c
8.89%
A••••• D••• S•••••••• B••preferred equity equity
Investment T••• P•••••••• Equity - P•••••••• S•••••
Not disclosed$1.2M
82c
A••••• D••• S•••••••• B••equity equity
Investment T••• C••••• Equity - Equity U•••
Not disclosedNot disclosed
A••••• D••• S•••••••• B••term loan first lien
Investment T••• F•••• L••• S•••••• D••• - T••• L••• I••••••• R••• 8.64% M••••••• D••• 01/1
$603,000$603,000
100c
8.64%
A••••• D••• S•••••••• B••delayed draw term loan first lien
Investment T••• F•••• L••• S•••••• D••• – D•••••• D••• I••••••• R••• 5.75% M••••••• D••• 0
Not disclosedNot disclosed
n/a
5.75%
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$1.4M$1.4M100c0
Mar 31, 20261$1.4M$1.4M101c0
Jun 30, 20251$7.6M$4.7M65c1
Mar 31, 20251$7.5M$4.9M65c1
What changed
Every change including routine ones
Identity
Group key
48FORTY SOLUTIONS ALPINEderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived
Industry
Paper & Forest Productsreportedas one filer wrote it