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

Invited, Inc

Hotels, Restaurants & Leisuregroup grade Aon a schedule nowsponsor unattributed
Also written as: KSL Longdrive Co-Invest, L.P
Principal held
at least $347M
sum of BDC pieces, a lower bound
Fair value
$348M
99c on cost, debt pieces
Unfunded
$60.8M
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
5
2 equity pieces beside them
Next maturity
Jun 1, 2032
no dated debt inside 24 months
On the tape since
Jun 30, 2026
latest Jun 30, 2026
Events
1
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 $347M99cSOFR+525 bpJun 9, 20323
first lien delayed draw term loan first lienat least $0n/aSOFR+525 bpJun 9, 20321
first lien revolver first lienat least $0n/aSOFR+525 bpJun 9, 20321
revolver lien unstatedunknownn/aunstated1
delayed draw term loan lien unstatedunknownn/aunstated1
Equity pieces beside the debt: equity ($4.5M fair value, 2 BDCs), other (n/a fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
AGL Private Credit Income Funddelayed draw term loan first lien
First Lien Delayed Draw Term Loan Reference Rate and Spread SOFR + 5.25% Acquisition Date
$0$-18,000
95c
SOFR+525 bp
AGL Private Credit Income Funddelayed draw term loan lien unstated
Delayed Draw Term Loan
n/an/a
AGL Private Credit Income Fundrevolver first lien
First Lien Revolving Loan Reference Rate and Spread SOFR + 5.25% Acquisition Date 6/9/2026
$0$-54,000
100c
SOFR+525 bp
AGL Private Credit Income Fundterm loan first lien
First Lien Term Loan Reference Rate and Spread SOFR + 5.25% All In Rate 8.98% Acquisition
$53.4M$52.9M
100c
SOFR+525 bp
AGL Private Credit Income Fundrevolver lien unstated
Revolving Loan
n/an/a
ARES CAPITAL CORPequity equity
Limited partnership interest
n/a$4.5M
100c
ARES CAPITAL CORPterm loan first lien
First lien senior secured loan
$181M$180M
99c
S+525 bp
ARES CAPITAL CORPunstated lien unstatedn/an/a
ARES STRATEGIC INCOME FUNDequity equity
Limited partnership interest
n/a$50,000
100c
ARES STRATEGIC INCOME FUNDterm loan first lien
First lien senior secured loan
$112M$111M
100c
S+525 bp
ARES STRATEGIC INCOME FUNDunstated lien unstatedn/an/a
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20263$347M$344M99c0
What changed
Identity
Group key
INVITEDderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 3 BDCsderived
Industry
Hotels, Restaurants & Leisurereportedas one filer wrote it