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Facility

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

first lienoff every schedule since Mar 31, 2026Softwaresponsor W•• M••••••••• C••••••••• inferred
Principal held
at least $39.0M
sum of BDC pieces, a lower bound
Fair value
$38.7M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+650 bp
pieces from 650 bp to 665 bp
PIK
none stated
Maturity
Jan 24, 2028
tagged by the filer
Lenders
0 holding
4 exited · 0 named on a deal
On the tape
14 quarters
Dec 31, 2022 to Mar 31, 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$4.1M$4.1M
101c
Dec 31, 2022 to Dec 31, 2023
B•••••••• T•• C•••••• C••••
T••••••••• C•••••• P•••••••• L••
exited · 2 pieces$14.6M$14.5M
100c
665 bpDec 31, 2022 to Mar 31, 2026
B•••••••• P•••••• C••••• F•••
B•••••••• C•••••• I••••••••• A•••••••• L••
exited$10.0M$9.9M
100c
665 bpDec 31, 2022 to Mar 31, 2026
A•••••• S•••••••• C••••• F•••
A•••••• C•••••• C••••• A••••••• L••
exited · 2 pieces$9.5M$9.5M
100c
650 bpMar 31, 2024 to Mar 31, 2026
A•••••• P•••••• C••••• F•••
A•••••• C•••••• C••••• A••••••• L••
exited$4.8M$4.8M
100c
650 bpDec 31, 2024 to Mar 31, 2026
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Mar 31, 20264$39.0M100c665 bpJan 24, 2028
Dec 31, 20254$39.1M101c650 bpJan 24, 2028
Sep 30, 20254$39.1M101c665 bpJan 24, 2028
Jun 30, 20254$38.9M101c650 bpJan 24, 2028
Mar 31, 20254$38.9M101c650 bp6.00%Jan 24, 2028
Dec 31, 20244$38.8M101c75 bp6.25%Jan 24, 2028
Sep 30, 20243$8.4M101c700 bp6.25%Jan 24, 2028
Jun 30, 20243$8.3M102c75 bp6.25%Jan 24, 2028
Mar 31, 20243$8.2M102c700 bp6.25%Jan 24, 2028
Dec 31, 20233$7.8M100c6.25%Jan 24, 2028
Sep 30, 20233$7.7M101c6.25%Jan 24, 2028
Jun 30, 20233$7.6M100c6.25%Jan 24, 2028
Mar 31, 20233$7.4M100c6.50%Jan 24, 2028
Dec 31, 20223$15.0M99c6.50%Jan 24, 2028
What changed on this facility
position and facility grain, including routine
  • Facility left every BDC schedule Mar 31, 2026
    S•••••• B•••• P•• L•• term loan (first lien) left every BDC schedule after 2026-03-31 (5 lenders, $39.0M last held)
  • Spread changed (observed) Mar 31, 2025
    S•••••• B•••• P•• L•• term loan: spread moved from 0.75% to 6.50%
  • Spread changed (observed) Dec 31, 2024
    S•••••• B•••• P•• L•• term loan: spread moved from 7.00% to 0.75%
  • Spread changed (observed) Sep 30, 2024
    S•••••• B•••• P•• L•• term loan: spread moved from 0.75% to 7.00%
  • Spread changed (observed) Jun 30, 2024
    S•••••• B•••• P•• L•• term loan: spread moved from 7.00% to 0.75%
Other pieces of this borrower's structure
How this facility is known
Grain
S•••••• B•••• P•• 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
Sponsor basis
Form D signer consensus, grade Bestimated
Status
unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
Origin
bdc tapereported