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Facility

R••••••••• O•• L•• revolver

lien unstatedoff every schedule since Dec 31, 2025Software
Principal held
at least $57.0M
sum of BDC pieces, a lower bound
Fair value
$56.8M
100c on cost
Unfunded
$7.8M
pieces' unfunded commitments
Pricing
S+450 bp
floor 1.00%
PIK
none stated
Maturity
May 12, 2029
html_schedule
Lenders
0 holding
3 exited · 0 named on a deal
On the tape
13 quarters
Dec 31, 2022 to Dec 31, 2025
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
LenderStatusPrincipalFair valueSpreadHeld
B••••••••• P•••••• C••••• F•••
B••••••••• P•••••• C••••• S••••••••• L••
exited · 2 pieces$37.6M$37.5M
100c
450 bpDec 31, 2022 to Dec 31, 2025
B••••••••• S•••••• L•••••• F•••
B••••••••• P•••••• C••••• S••••••••• L••
exited · 2 pieces$19.3M$19.3M
101c
450 bpDec 31, 2022 to Dec 31, 2025
M••••• C•••••• C•••
M• A•••••••
exitedn/an/aDec 31, 2023 to Dec 31, 2023
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Dec 31, 20252$57.0M100c450 bpMay 12, 2029
Sep 30, 20252$57.0M100c450 bpMay 12, 2029
Jun 30, 20252$57.0M101c450 bpMay 12, 2029
Mar 31, 20252$57.0M100c450 bpMay 12, 2029
Dec 31, 20242$114M100c450 bpMay 12, 2029
Sep 30, 20242$57.0M100c450 bpMay 12, 2029
Jun 30, 20242$69.3M101c600 bpMay 12, 2027
Mar 31, 20242$69.3M100c650 bpMay 12, 2027
Dec 31, 20233$131M100c650 bpMay 12, 2027
Sep 30, 20232$76.9M100c650 bpMay 12, 2027
Jun 30, 20232$76.8M100c650 bpMay 12, 2027
Mar 31, 20232$22.2M100c650 bp12.35%May 12, 2027
Dec 31, 20222n/an/a
What changed on this facility
position and facility grain, including routine
  • Facility left every BDC schedule Dec 31, 2025
    ••• Locked
  • Maturity extended (observed) Sep 30, 2024
    ••• Locked
  • Spread changed (observed) Sep 30, 2024
    ••• Locked
  • Spread changed (observed) Jun 30, 2024
    ••• Locked
  • New lender joined a facility Dec 31, 2023
    ••• Locked
Other pieces of this borrower's structure
How this facility is known
Grain
R••••••••• O•• L•• x revolverderivedborrower 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