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.

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Borrower

J•• S•••••• L••

group grade Aon a schedule nowsponsor unattributed
Also written as: 232; Equity Securities; LLC (799
Principal held
at least $13.0M
sum of BDC pieces, a lower bound
Fair value
$10.7M
102c on cost, debt pieces
Unfunded
$3.2M
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
5
1 equity pieces beside them
Next maturity
Nov 13, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
3
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 $9.8M102cS+500 bpNov 13, 20301
first lien revolver first lienat least $2.4Mn/aS+500 bpNov 13, 20301
first lien delayed draw term loan first lienat least $799,000n/aS+500 bpNov 13, 20301
delayed draw term loan lien unstated
exited Dec 31, 2024
unknownn/aunstated1
revolver lien unstated
exited Dec 31, 2024
unknownn/aunstated1
Equity pieces beside the debt: preferred equity ($799,000 fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
M••••• C•••••• I••••• P••• C•••delayed draw term loan first lien
Delayed Draw)
n/an/a
M••••• C•••••• I••••• P••• C•••delayed draw term loan first lien
Delayed Draw) | Senior Secured Loans
$799,000$0S+500 bp
M••••• C•••••• I••••• P••• C•••term loan first lien
Senior Secured Loans
$9.8M$9.9M
102c
S+500 bp
M••••• C•••••• I••••• P••• C•••revolver first lien
Revolver) | Senior Secured Loans
$2.4M$0S+500 bp
M••••• C•••••• I••••• P••• C•••preferred equity equity
Class A preferred units) | Equity Securities
$0$799,000
100c
PIK 10.00%
M••••• C•••••• I••••• P••• C•••revolver first lien
Revolver)
n/an/a
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$13.0M$9.9M102c0
Mar 31, 20261$13.1M$10.0M102c0
Dec 31, 20251$13.1M$9.9M102c0
Sep 30, 20251$13.1M$9.9M101c0
Jun 30, 20251$13.1M$9.8M100c0
Mar 31, 20251$13.2M$10.0M102c0
Dec 31, 20241$26.4M$20.3M100c0
What changed
Identity
Group key
JDX STUDIOderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived