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Facility

V••• B••••• I•• first lien term loan

first lienheld todayIndependent Power and Renewable Electricity Producers Initialsponsor V•••• E••••• P••••••• M••••••••• L•• carried
Principal held
at least $2.5M
sum of BDC pieces, a lower bound
Fair value
$2.6M
93c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+625 bp
modal across pieces
PIK
1.00%
paid in kind, the highest piece
Maturity
unstated
Lenders
1 holding
3 exited · 0 named on a deal
On the tape
15 quarters
Dec 31, 2022 to Jun 30, 2026
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
LenderStatusPrincipalFair valueSpreadHeld
G•••••• S•••• B••• I•••
G•••••• S•••• A•••• M••••••••• L••
exited · 5 pieces$62.3M$57.2M
96c
Dec 31, 2022 to Mar 31, 2026
G•••••• S•••• P•••••• M••••• M••••• C••••• I• L••
G•••••• S•••• A•••• M••••••••• L••
exited · 4 pieces$51.1M$46.7M
96c
Dec 31, 2022 to Mar 31, 2026
M••••• C•••••• I••••• P••• C•••
M• A•••••••
exited · 4 pieces$14.3M$13.9M
97c
650 bpDec 31, 2022 to Mar 31, 2026
M••••• C•••••• E••••••• C•••••••• L•••••• F•••
M• A•••••••
held · 2 pieces$2.5M$2.6M
93c
625 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$2.5M93c625 bp1.00%
Mar 31, 20264$133M96c650 bp10.20%Aug 11, 2027
Dec 31, 20254$129M93c650 bp10.17%Aug 11, 2027
Sep 30, 20253$121M92c650 bp6.50%Aug 11, 2027
Jun 30, 20253$115M93c650 bp6.50%Aug 11, 2027
Mar 31, 20253$116M93c650 bpAug 11, 2027
Dec 31, 20243$139M96c650 bpAug 11, 2027
Sep 30, 20243$113M95c650 bpAug 11, 2027
Jun 30, 20243$106M99c650 bpAug 11, 2027
Mar 31, 20243$102M99c650 bpAug 11, 2027
Dec 31, 20233$212M99c650 bpAug 11, 2027
Sep 30, 20233$97.7M100c700 bp12.39%Aug 11, 2027
Jun 30, 20233$95.0M102c700 bpAug 11, 2027
Mar 31, 20233$53.9M102c700 bp6.50%Aug 11, 2027
Dec 31, 20223$100M100c650 bp6.50%Aug 11, 2027
What changed on this facility
position and facility grain, including routine
  • Lender left a facility Mar 31, 2026
    ••• Locked
  • Lender left a facility Mar 31, 2026
    ••• Locked
  • Lender left a facility Mar 31, 2026
    ••• Locked
  • PIK interest appears Jun 30, 2025
    ••• Locked
  • Spread changed (observed) Dec 31, 2023
    ••• Locked
  • PIK interest appears Sep 30, 2023
    ••• Locked
  • Spread changed (observed) Mar 31, 2023
    ••• Locked
Other pieces of this borrower's structure
How this facility is known
Grain
V••• B••••• I•• x first lien term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
Size
lower bound: sum of BDC piecesderived
Sponsor basis
the sponsor's own portfolio page lists a company of this namederived
Status
unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
Origin
bdc tapereported