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.

Facility

Berner Food & Beverage, LLC first lien term loan

first lienheld todayBeveragessponsor Peak Rock Capital LLC carried
Principal held
at least $45.3M
sum of BDC pieces, a lower bound
Fair value
$44.5M
98c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+600 bp
modal across pieces
PIK
none stated
Maturity
Jul 30, 2027
html_schedule
Lenders
2 holding
1 exited · 0 named on a deal
On the tape
16 quarters
Sep 30, 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
MidCap Apollo Institutional Private Lending
APOLLO CREDIT MANAGEMENT, LLC
exited$7.9M$7.7M
101c
565 bpDec 31, 2023 to Jun 30, 2025
Oaktree Specialty Lending Corp
OAKTREE FUND ADVISORS, LLC
held · 2 pieces$43.9M$43.1M
98c
600 bpSep 30, 2022 to Jun 30, 2026
ARES CAPITAL CORP
ARES CAPITAL MANAGEMENT LLC
held$1.4M$1.4M
100c
600 bpMar 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, 20262$45.3M98c600 bpJul 30, 2027
Mar 31, 20262$45.4M99c600 bpJul 30, 2027
Dec 31, 20252$45.5M99c650 bpJul 30, 2027
Sep 30, 20252$45.6M99c650 bpJul 30, 2027
Jun 30, 20253$53.6M99c650 bpJul 30, 2027
Mar 31, 20253$53.7M99c550 bpJul 30, 2027
Dec 31, 20242$52.4M100c550 bpJul 30, 2027
Sep 30, 20242$48.2M100c550 bpJul 30, 2027
Jun 30, 20242$48.3M100c550 bpJul 30, 2027
Mar 31, 20241$40.5M99c550 bpJul 30, 2027
Dec 31, 20232$48.5M99c550 bpJul 30, 2027
Sep 30, 20231$40.7M99c550 bpJul 30, 2027
Jun 30, 20231$40.8M99c550 bpJul 30, 2027
Mar 31, 20231$40.9M99c550 bpJul 30, 2027
Dec 31, 20221$33.0M100c550 bp
Sep 30, 20221$66.2M98c550 bpJul 30, 2027
What changed on this facility
position and facility grain, including routine
  • Maturity approaching Jul 30, 2027
    Berner Food & Beverage, LLC term loan (first lien) matures 2027-07-30 (inside 18 months; $45.3M held by 3 BDCs)
  • Maturity approaching Jul 30, 2027
    Berner Food & Beverage, LLC term loan (first lien) matures 2027-07-30 (inside 24 months; $45.3M held by 3 BDCs)
  • Spread changed (observed) Mar 31, 2026
    Berner Food & Beverage, LLC term loan: spread moved from 6.50% to 6.00%
  • Spread changed (observed) Jun 30, 2025
    Berner Food & Beverage, LLC term loan: spread moved from 5.50% to 6.50%
  • Lender left a facility Jun 30, 2025
    MidCap Apollo Institutional Private Lending no longer holds Berner Food & Beverage, LLC term loan after 2025-06-30; 2 BDC(s) still hold it
  • New lender joined a facility Mar 31, 2025
    ARES CAPITAL CORP joins Berner Food & Beverage, LLC term loan (first lien) held by 2 other BDCs
Other pieces of this borrower's structure
How this facility is known
Grain
Berner Food & Beverage, LLC 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