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Facility

C••••••••• T••••••••• L•• second lien term loan

second lienoff every schedule since Mar 31, 2025Application Software
Principal held
at least $36.0M
sum of BDC pieces, a lower bound
Fair value
$36.0M
101c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+288 bp
modal across pieces
PIK
3.38%
paid in kind, the highest piece
Maturity
Apr 1, 2030
html_schedule
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
9 quarters
Dec 31, 2021 to Mar 31, 2025
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
LenderStatusPrincipalFair valueSpreadHeld
N•• M••••••• F•••••• C•••
N•• M••••••• F•••••• A•••••••• L•••••
exited$36.0M$36.0M
101c
288 bpDec 31, 2021 to Mar 31, 2025
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Mar 31, 20251$36.0M101c288 bp3.38%Apr 1, 2030
Mar 31, 20241$55.3M100c750 bpAug 1, 2026
Dec 31, 20231$55.3M95c750 bpAug 1, 2026
Sep 30, 20231$55.3M90c750 bpAug 1, 2026
Jun 30, 20231$55.3M90c750 bpAug 1, 2026
Mar 31, 20231$55.3M87c750 bpAug 1, 2026
Dec 31, 20221$55.3M86c750 bpAug 1, 2026
Sep 30, 20221$55.3M89c750 bpAug 31, 2026
Dec 31, 20211$55.3M91c750 bpAug 31, 2026
What changed on this facility
position and facility grain, including routine
  • Facility left every BDC schedule Mar 31, 2025
    ••• Locked
  • Maturity extended (observed) Mar 31, 2025
    ••• Locked
  • Spread changed (observed) Mar 31, 2025
    ••• Locked
  • Mark recovered Mar 31, 2024
    ••• Locked
Other pieces of this borrower's structure
How this facility is known
Grain
C••••••••• T••••••••• L•• x second lien term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
Size
lower bound: sum of BDC piecesderived
Status
performingsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
Origin
bdc tapereported