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Facility

S•• E•••• B•••• L•• first lien term loan

first lienheld todaySoftware
Principal held
at least $28.0M
sum of BDC pieces, a lower bound
Fair value
$23.3M
91c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
10.41%
floor 1.00%
PIK
6.75%
paid in kind, the highest piece
Maturity
May 9, 2028
tagged by the filer
Lenders
1 holding
0 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
B•••••••• C•••••• I••••••••• C•••
B•••••••• C•••••• I••••••••• A•••••••• L••
dormant$6.1M$6.1M
101c
Dec 31, 2022 to Dec 31, 2023
B•••••••• T•• C•••••• C••••
T••••••••• C•••••• P•••••••• L••
held$28.0M$23.3M
91c
Dec 31, 2022 to Jun 30, 2026
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Jun 30, 20261$28.0M91c6.75%May 9, 2028
Mar 31, 20261$27.5M84cMay 9, 2028
Dec 31, 20251$27.0M89c3.50%May 9, 2028
Sep 30, 20251$26.5M101c3.50%May 9, 2028
Jun 30, 20251$26.0M101cMay 9, 2028
Mar 31, 20251$25.5M101c3.50%May 9, 2028
Dec 31, 20241$25.0M101c3.50%May 9, 2028
Sep 30, 20241$24.4M101c3.50%May 9, 2028
Jun 30, 20241$23.9M101c3.50%May 9, 2028
Mar 31, 20241$23.4M102c3.50%May 9, 2028
Dec 31, 20232$22.8M101c3.50%May 9, 2028
Sep 30, 20232$22.3M101c3.50%May 9, 2028
Jun 30, 20232$21.9M101c3.50%May 9, 2028
Mar 31, 20232$21.4M101c3.50%May 9, 2028
Dec 31, 20222$32.3M99c3.50%May 9, 2028
What changed on this facility
position and facility grain, including routine
  • Maturity approaching May 9, 2028
    S•• E•••• B•••• L•• term loan (first lien) matures 2028-05-09 (inside 24 months; $28.0M held by 2 BDCs)
  • Mark recovered Jun 30, 2026
    S•• E•••• B•••• L•• term loan: marked from 84 to 91 cents on cost
  • PIK interest appears Jun 30, 2026
    S•• E•••• B•••• L•• term loan: PIK interest of 6.75% appears (was cash pay)
  • Marked down across lenders Dec 31, 2025
    S•• E•••• B•••• L•• term loan: marked from 101 to 89 cents on cost across 1 lender(s)
  • PIK interest appears Sep 30, 2025
    S•• E•••• B•••• L•• term loan: PIK interest of 3.50% appears (was cash pay)
Other pieces of this borrower's structure
How this facility is known
Grain
S•• E•••• B•••• L•• x first 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