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Facility

S••• G••••• L•••••••• N••••••• L•• first lien delayed draw term loan

first lienheld todayAir Freight & L••••••••
Principal held
at least $121,000
sum of BDC pieces, a lower bound
Fair value
$105,000
100c on cost
Unfunded
$16,000
pieces' unfunded commitments
Pricing
SOFR+1050 bp
pieces from 100 bp to 1050 bp
PIK
9.50%
paid in kind, the highest piece
Maturity
Nov 27, 2029
tagged by the filer
Lenders
3 holding
2 exited · 0 named on a deal
On the tape
8 quarters
Dec 31, 2023 to Jun 30, 2026
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
LenderStatusPrincipalFair valueSpreadHeld
J•••••••• C••••• P••••••• B•• I•••
J•••••••• C••••• M••••••••• L••
exited$14.7M$10.9M
76c
800 bpDec 31, 2023 to Sep 30, 2024
S••••• C••••• I••••••••• L••
J•••••••• C••••• M••••••••• L••
exited$1.8M$1.8M
105c
700 bpDec 31, 2023 to Mar 31, 2026
N••••• C•••••••• D••••• L•••••• C••••
C•••••••• D•• A•••••• L••
held · 2 pieces$73,000$57,000
100c
1050 bpDec 31, 2025 to Jun 30, 2026
M••••• A••••• I••••••••• P•••••• L••••••
A••••• C••••• M••••••••• L••
held$48,000$48,000
100c
100 bpDec 31, 2025 to Jun 30, 2026
C••••••• C•••••• B••• I•••
C••••••• C•• A•••••••• L••
heldn/an/aDec 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, 20263$121,000100c1050 bp9.50%Nov 27, 2029
Mar 31, 20264$1.8M105c700 bp9.50%May 27, 2030
Dec 31, 20253$73,000n/a1000 bp9.50%Nov 30, 2029
Sep 30, 20251$1.7M105c700 bp5.00%May 27, 2030
Sep 30, 20242$21.2M76c800 bpDec 30, 2026
Jun 30, 20242$21.0M96c800 bpDec 30, 2026
Mar 31, 20242$21.0M98c500 bpDec 30, 2026
Dec 31, 20232$56.6M100c500 bpDec 30, 2026
What changed on this facility
position and facility grain, including routine
  • Spread changed (observed) Jun 30, 2026
    ••• Locked
  • Spread changed (observed) Mar 31, 2026
    ••• Locked
  • Maturity extended (observed) Mar 31, 2026
    ••• Locked
  • Lender left a facility Mar 31, 2026
    ••• Locked
  • Spread changed (observed) Dec 31, 2025
    ••• Locked
  • New lender joined a facility Dec 31, 2025
    ••• Locked
  • New lender joined a facility Dec 31, 2025
    ••• Locked
  • New lender joined a facility Dec 31, 2025
    ••• Locked
  • Mark recovered Sep 30, 2025
    ••• Locked
  • Maturity extended (observed) Sep 30, 2025
    ••• Locked
  • Spread changed (observed) Sep 30, 2025
    ••• Locked
  • Marked down across lenders Sep 30, 2024
    ••• Locked
  • Lender left a facility Sep 30, 2024
    ••• Locked
  • Spread changed (observed) Jun 30, 2024
    ••• Locked
Other pieces of this borrower's structure
How this facility is known
Grain
S••• G••••• L•••••••• N••••••• L•• x first lien delayed draw 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