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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Facility

A•••• P•••••• C••••• F••• first lien term loan

first lienheld todayHealthcare
Principal held
at least $48.1M
sum of BDC pieces, a lower bound
Fair value
$47.8M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+650 bp
pieces from 0 bp to 650 bp
PIK
3.54%
paid in kind, the highest piece
Maturity
Jun 30, 2033
tagged by the filer
Lenders
1 holding
0 exited · 0 named on a deal
On the tape
3 quarters
Dec 31, 2025 to Jun 30, 2026
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
LenderStatusPrincipalFair valueSpreadHeld
A•••• P•••••• C••••• F•••• L••
AUDAX PDB MANAGEMENT COMPANY, LLC
held · 22 pieces$48.1M$47.8M
100c
650 bpDec 31, 2025 to Jun 30, 2026
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Jun 30, 20261$48.1M100c500 bp3.54%Jun 30, 2033
Mar 31, 20261$39.7M77c450 bp18.00%Dec 31, 2049
Dec 31, 20251$10.5M101c650 bp3.65%Dec 15, 2031
What changed on this facility
position and facility grain, including routine
  • Mark recovered Jun 30, 2026
    A•••• P•••••• C••••• F••• term loan: marked from 77 to 100 cents on cost
  • Spread changed (observed) Jun 30, 2026
    A•••• P•••••• C••••• F••• term loan: spread moved from 4.50% to 5.00%
  • Marked down across lenders Mar 31, 2026
    A•••• P•••••• C••••• F••• term loan: marked from 101 to 77 cents on cost across 1 lender(s)
  • Maturity extended (observed) Mar 31, 2026
    A•••• P•••••• C••••• F••• term loan: maturity moved from 2031-12-15 to 2049-12-31
  • PIK interest increased Mar 31, 2026
    A•••• P•••••• C••••• F••• term loan: PIK interest rose from 3.65% to 18.00%
  • Spread changed (observed) Mar 31, 2026
    A•••• P•••••• C••••• F••• term loan: spread moved from 5.25% to 4.50%
Other pieces of this borrower's structure
How this facility is known
Grain
A•••• P•••••• C••••• F••• x first lien term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
Size
lower bound: sum of BDC piecesderived
Status
unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
Origin
bdc tapereported