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Facility

L•••••• M•••• B•• second lien term loan

second lienheld today
Principal held
at least $166M
sum of BDC pieces, a lower bound
Fair value
$8.3M
5c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+875 bp
pieces from 850 bp to 875 bp
PIK
none stated
Maturity
Jul 1, 2027
html_schedule
Lenders
2 holding
0 exited · 0 named on a deal
On the tape
6 quarters
Mar 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
B••• O•• C•••••• C•••
B••• O•• C••••• A••••••• L••
held · 2 pieces$133M$6.7M
5c
875 bpMar 31, 2025 to Jun 30, 2026
B••• O•• C•••••• C••• I•
B••• O•• C••••• A••••••• L••
held · 2 pieces$33.3M$1.7M
5c
875 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$166M5c875 bpJul 1, 2027
Mar 31, 20262$166M64c875 bpJul 1, 2027
Dec 31, 20252$166M90c850 bpJul 1, 2027
Sep 30, 20252$166M88c875 bpJul 1, 2027
Jun 30, 20252$166M96c875 bpJul 1, 2027
Mar 31, 20252$166M96c850 bpJul 1, 2027
What changed on this facility
position and facility grain, including routine
  • Maturity approaching Jul 1, 2027
    L•••••• M•••• B•• term loan (second lien) matures 2027-07-01 (inside 18 months; $166.3M held by 2 BDCs)
  • Maturity approaching Jul 1, 2027
    L•••••• M•••• B•• term loan (second lien) matures 2027-07-01 (inside 24 months; $166.3M held by 2 BDCs)
  • Marked down across lenders Jun 30, 2026
    L•••••• M•••• B•• term loan: marked from 64 to 5 cents on cost across 2 lender(s)
  • Marked down across lenders Mar 31, 2026
    L•••••• M•••• B•• term loan: marked from 90 to 64 cents on cost across 2 lender(s)
  • Marked down across lenders Sep 30, 2025
    L•••••• M•••• B•• term loan: marked from 96 to 88 cents on cost across 2 lender(s)
Other pieces of this borrower's structure
How this facility is known
Grain
L•••••• M•••• B•• 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
unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
Origin
bdc tapereported