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Facility

1•• O••••• F•••••••• first lien delayed draw term loan

first lienheld today
Principal held
at least $5.0M
sum of BDC pieces, a lower bound
Fair value
$4.2M
87c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+550 bp
floor 1.00%
PIK
2.25%
paid in kind, the highest piece
Maturity
May 10, 2027
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
C••••••••• C••••• P••••••• B•• I• I•••
COMMONWEALTH CREDIT ADVISORS, LLC
held$5.0M$4.2M
87c
550 bpDec 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$5.0M87c550 bp2.25%May 10, 2027
Mar 31, 20261$5.0M87c550 bp2.25%May 10, 2027
Dec 31, 20251$4.9M89c550 bp2.25%May 10, 2027
Sep 30, 20251$4.9M90c550 bp2.25%May 10, 2027
Jun 30, 20251$4.9M92c550 bp1.50%May 10, 2027
Mar 31, 20251$4.9M94c550 bp1.50%May 10, 2027
Dec 31, 20241$4.8M93c550 bp1.50%May 10, 2027
Sep 30, 20241$4.8M93c650 bpMay 10, 2027
Jun 30, 20241$4.9M96c650 bpMay 10, 2027
Mar 31, 20241$4.9M96c650 bpMay 10, 2027
Dec 31, 20231$4.9M100c650 bpMay 10, 2027
Sep 30, 20231$4.9M99c650 bpMay 10, 2027
Jun 30, 20231$4.9Mn/a650 bpMay 10, 2027
Mar 31, 20231$4.9Mn/a650 bpMay 10, 2027
Dec 31, 20221$5.5M99c650 bpMay 10, 2027
What changed on this facility
position and facility grain, including routine
  • Maturity approaching May 10, 2027
    1•• O••••• F•••••••• delayed draw (first lien) matures 2027-05-10 (inside 12 months; $5.0M held by 1 BDC)
  • Maturity approaching May 10, 2027
    1•• O••••• F•••••••• delayed draw (first lien) matures 2027-05-10 (inside 18 months; $5.0M held by 1 BDC)
  • Maturity approaching May 10, 2027
    1•• O••••• F•••••••• delayed draw (first lien) matures 2027-05-10 (inside 24 months; $5.0M held by 1 BDC)
  • PIK interest increased Sep 30, 2025
    1•• O••••• F•••••••• delayed draw: PIK interest rose from 1.50% to 2.25%
  • PIK interest appears Dec 31, 2024
    1•• O••••• F•••••••• delayed draw: PIK interest of 1.50% appears (was cash pay)
  • Spread changed (observed) Dec 31, 2024
    1•• O••••• F•••••••• delayed draw: spread moved from 6.50% to 5.50%
Other pieces of this borrower's structure
How this facility is known
Grain
1•• O••••• F•••••••• 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
unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
Origin
bdc tapereported