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

D••••••••• S••••• L•• first lien term loan

first lienheld todayBusiness Servicessponsor S•••••••• I••••••••• I•• L•• carried
Principal held
at least $24.2M
sum of BDC pieces, a lower bound
Fair value
$24.0M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+750 bp
floor 1.00%
PIK
none stated
Maturity
Dec 23, 2026
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
F•••• I••••••••• C•••
F•••• INVESTMENT ADVISORS, LLC
held$24.2M$24.0M
100c
750 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$24.2M100c750 bpDec 23, 2026
Mar 31, 20261$24.2M99c750 bpDec 23, 2026
Dec 31, 20251$24.2M98c750 bpDec 23, 2026
Sep 30, 20251$24.2M98c750 bpDec 23, 2026
Jun 30, 20251$24.2M97c750 bpDec 23, 2026
Mar 31, 20251$24.2M100c750 bpDec 23, 2026
Dec 31, 20241$24.2M98c750 bpSep 30, 2025
Sep 30, 20241$24.2M97c725 bpSep 30, 2025
Jun 30, 20241$24.2M100c725 bpSep 30, 2025
Mar 31, 20241$24.2M100c725 bp12.81%Sep 30, 2025
Dec 31, 20231$48.3M100c650 bpSep 30, 2025
Sep 30, 20231$24.2M100cSep 30, 2025
Jun 30, 20231$24.2M100cSep 30, 2025
Mar 31, 20231$24.2M100cSep 30, 2025
Dec 31, 20221$24.2M100c650 bpFeb 7, 2024
What changed on this facility
position and facility grain, including routine
  • Maturity approaching Dec 23, 2026
    D••••••••• S••••• L•• term loan (first lien) matures 2026-12-23 (inside 12 months; $24.2M held by 1 BDC)
  • Maturity approaching Dec 23, 2026
    D••••••••• S••••• L•• term loan (first lien) matures 2026-12-23 (inside 24 months; $24.2M held by 1 BDC)
  • Maturity approaching Dec 23, 2026
    D••••••••• S••••• L•• term loan (first lien) matures 2026-12-23 (inside 18 months; $24.2M held by 1 BDC)
  • Maturity extended (observed) Mar 31, 2025
    D••••••••• S••••• L•• term loan: maturity moved from 2025-09-30 to 2026-12-23
  • Spread changed (observed) Mar 31, 2024
    D••••••••• S••••• L•• term loan: spread moved from 6.50% to 7.25%
  • PIK interest appears Mar 31, 2024
    D••••••••• S••••• L•• term loan: PIK interest of 12.81% appears (was cash pay)
  • Maturity extended (observed) Mar 31, 2023
    D••••••••• S••••• L•• term loan: maturity moved from 2024-02-07 to 2025-09-30
Other pieces of this borrower's structure
How this facility is known
Grain
D••••••••• S••••• 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
the sponsor's own portfolio page lists a company of this namederived
Status
unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
Origin
bdc tapereported