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.

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Facility

R•••••• S••••••• G••••• L•• first lien term loan

first lienheld todayIT Services
Principal held
at least $283M
sum of BDC pieces, a lower bound
Fair value
$283M
101c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+525 bp
pieces from 5 bp to 525 bp
PIK
none stated
Maturity
Jun 1, 2032
tagged by the filer
Lenders
12 holding
3 exited · 0 named on a deal
On the tape
17 quarters
Dec 31, 2021 to Jun 30, 2026
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
LenderStatusPrincipalFair valueSpreadHeld
C•••••• S•••••• L••••••• I•••
CARLYLE GLOBAL CREDIT INVESTMENT MANAGEMENT L.L.C.
exited · 2 pieces$39.6M$39.6M
101c
600 bpDec 31, 2021 to Dec 31, 2021
J•••••••• C••••• P••••••• B•• I•••
JEFFERIES CREDIT MANAGEMENT LLC
exited · 2 pieces$23.0M$23.0M
101c
500 bpDec 31, 2023 to Mar 31, 2026
S••••• C••••• I••••••••• L••
JEFFERIES CREDIT MANAGEMENT LLC
exited · 3 pieces$10.1M$10.1M
101c
500 bpDec 31, 2023 to Mar 31, 2026
N•••• H•••• P•••••• I••••• F••• L••
MS CAPITAL PARTNERS ADVISER INC.
held · 3 pieces$90.9M$90.6M
101c
525 bpDec 31, 2024 to Jun 30, 2026
A••• S•••••••• I••••• F•••
A••• CAPITAL MANAGEMENT LLC
held$71.2M$71.2M
101c
425 bpJun 30, 2025 to Jun 30, 2026
M••••• S•••••• D••••• L•••••• F•••
MS CAPITAL PARTNERS ADVISER INC.
held · 4 pieces$49.6M$49.5M
100c
525 bpJun 30, 2024 to Jun 30, 2026
T• S••••• B•• L••
MS CAPITAL PARTNERS ADVISER INC.
held · 2 pieces$18.7M$18.7M
101c
525 bpDec 31, 2024 to Jun 30, 2026
N••••• C•••••••• D••••• L•••••• C••••
CHURCHILL DLC ADVISOR LLC
held$14.0M$14.0M
101c
525 bpDec 31, 2024 to Jun 30, 2026
N••••• C•••••••• P•••••• C•••••• I••••• F•••
CHURCHILL PCIF ADVISOR LLC
held$13.0M$13.0M
101c
525 bpDec 31, 2024 to Jun 30, 2026
S•••• P•••• C••••• C•••
STONE POINT CREDIT ADVISER LLC
held · 2 pieces$9.4M$9.4M
100c
525 bpMar 31, 2025 to Jun 30, 2026
S•••••••• P•••••• C••••• F••• L••
STEPSTONE GROUP PRIVATE DEBT LLC
held$7.0M$6.9M
99c
525 bpMar 31, 2025 to Jun 30, 2026
A••• C•••••• C•••
A••• CAPITAL MANAGEMENT LLC
held$6.6M$6.6M
100c
425 bpDec 31, 2021 to Jun 30, 2026
S•••• P•••• C••••• I••••• F•••
STONE POINT CREDIT I••••• ADVISER LLC
held$2.4M$2.4M
101c
525 bpMar 31, 2025 to Jun 30, 2026
N•••• H•••• P•••••• I••••• F••• A• L••
MS CAPITAL PARTNERS ADVISER INC.
held$355,000$301,000
86c
525 bpMar 31, 2026 to Jun 30, 2026
L••• P•••••• C••••• L••
MS CAPITAL PARTNERS ADVISER INC.
held$76,000$64,000
85c
525 bpMar 31, 2026 to Jun 30, 2026
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Jun 30, 202612$283M101c525 bpJun 1, 2032
Mar 31, 202614$302M100c500 bpJan 10, 2033
Dec 31, 202512$283M101c525 bpJun 16, 2032
Sep 30, 202510$247M100c525 bpJun 16, 2032
Jun 30, 20258$141M100c525 bpJun 16, 2032
Mar 31, 20257$118M100c650 bpJun 15, 2029
Dec 31, 20248$208M101c625 bpJun 15, 2029
Sep 30, 20244$58.0M101c650 bpJun 15, 2029
Jun 30, 20244$57.1M101c650 bpJun 15, 2029
Mar 31, 20243$36.8M101c650 bpJun 15, 2029
Dec 31, 20233$63.1M102c625 bpJun 15, 2029
Sep 30, 20231$1.9M100c650 bpDec 1, 2025
Jun 30, 20231$1.7M100c650 bpDec 1, 2025
Mar 31, 20231$1.7M100c675 bpDec 1, 2025
Dec 31, 20221$1.9M100c675 bpDec 1, 2025
Sep 30, 20221$6.6M100c675 bpDec 1, 2025
Dec 31, 20212$53.1M101c600 bpDec 1, 2025
What changed on this facility
position and facility grain, including routine
  • Maturity extended (observed) Mar 31, 2026
    R•••••• S••••••• G••••• L•• term loan: maturity moved from 2032-06-16 to 2033-01-10
  • Lender left a facility Mar 31, 2026
    J•••••••• C••••• P••••••• B•• I••• no longer holds R•••••• S••••••• G••••• L•• term loan after 2026-03-31; 11 BDC(s) still hold it
  • Lender left a facility Mar 31, 2026
    S••••• C••••• I••••••••• L•• no longer holds R•••••• S••••••• G••••• L•• term loan after 2026-03-31; 11 BDC(s) still hold it
  • New lender joined a facility Mar 31, 2026
    N•••• H•••• P•••••• I••••• F••• A• L•• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 13 other BDCs
  • New lender joined a facility Mar 31, 2026
    L••• P•••••• C••••• L•• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 13 other BDCs
  • Maturity extended (observed) Jun 30, 2025
    R•••••• S••••••• G••••• L•• term loan: maturity moved from 2029-06-15 to 2032-06-16
  • Spread changed (observed) Jun 30, 2025
    R•••••• S••••••• G••••• L•• term loan: spread moved from 6.50% to 5.25%
  • New lender joined a facility Jun 30, 2025
    A••• S•••••••• I••••• F••• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 11 other BDCs
  • New lender joined a facility Mar 31, 2025
    S•••• P•••• C••••• C••• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 10 other BDCs
  • New lender joined a facility Mar 31, 2025
    S•••••••• P•••••• C••••• F••• L•• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 10 other BDCs
  • New lender joined a facility Mar 31, 2025
    S•••• P•••• C••••• I••••• F••• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 10 other BDCs
  • New lender joined a facility Dec 31, 2024
    N•••• H•••• P•••••• I••••• F••• L•• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 7 other BDCs
  • New lender joined a facility Dec 31, 2024
    T• S••••• B•• L•• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 7 other BDCs
  • New lender joined a facility Dec 31, 2024
    N••••• C•••••••• D••••• L•••••• C•••• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 7 other BDCs
  • New lender joined a facility Dec 31, 2024
    N••••• C•••••••• P•••••• C•••••• I••••• F••• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 7 other BDCs
  • New lender joined a facility Jun 30, 2024
    M••••• S•••••• D••••• L•••••• F••• joins R•••••• S••••••• G••••• L•• term loan (first lien) held by 3 other BDCs
  • Maturity extended (observed) Dec 31, 2023
    R•••••• S••••••• G••••• L•• term loan: maturity moved from 2025-12-01 to 2029-06-15
  • Spread changed (observed) Sep 30, 2022
    R•••••• S••••••• G••••• L•• term loan: spread moved from 6.00% to 6.75%
  • Lender left a facility Dec 31, 2021
    C•••••• S•••••• L••••••• I••• no longer holds R•••••• S••••••• G••••• L•• term loan after 2021-12-31; 11 BDC(s) still hold it
Other pieces of this borrower's structure
How this facility is known
Grain
R•••••• S••••••• G••••• 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