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Facility

V•••• O••••••••• L•• first lien term loan

first lienheld today
Principal held
at least $56.1M
sum of BDC pieces, a lower bound
Fair value
$22.3M
43c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+950 bp
modal across pieces
PIK
13.42%
paid in kind, the highest piece
Maturity
Nov 1, 2026
html_schedule
Lenders
1 holding
0 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
A••• C•••••• C•••
A••• C•••••• M••••••••• L••
held · 4 pieces$56.1M$22.3M
43c
950 bpDec 31, 2021 to Jun 30, 2026
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Jun 30, 20261$56.1M43c950 bp13.42%Nov 1, 2026
Mar 31, 20261$54.3M52c950 bp13.43%Nov 1, 2026
Dec 31, 20251$52.5M68c950 bp13.55%Nov 1, 2026
Sep 30, 20251$48.4M88c950 bp13.93%Nov 1, 2026
Jun 30, 20251$46.8M100c950 bp14.09%Nov 1, 2026
Mar 31, 20251$45.2M100c950 bp14.08%Nov 1, 2026
Dec 31, 20241$43.8M100c950 bp14.21%Nov 1, 2026
Sep 30, 20241$38.3M100c950 bpNov 1, 2024
Jun 30, 20241$38.3M100c950 bpNov 1, 2024
Mar 31, 20241$38.3M100c950 bpNov 1, 2024
Dec 31, 20231$38.3M100c950 bpNov 1, 2024
Sep 30, 20231$38.3M100c950 bpNov 1, 2024
Jun 30, 20231$42.8M100c950 bpNov 1, 2024
Mar 31, 20231$42.7M100c950 bpNov 1, 2024
Dec 31, 20221$70.0M100c950 bpNov 1, 2024
Sep 30, 20221$42.7M100c950 bp12.06%Nov 1, 2024
Dec 31, 20211$37.6M100c950 bp11.00%Nov 1, 2024
What changed on this facility
position and facility grain, including routine
  • Maturity approaching Nov 1, 2026
    V•••• O••••••••• L•• term loan (first lien) matures 2026-11-01 (inside 24 months; $56.1M held by 1 BDC)
  • Maturity approaching Nov 1, 2026
    V•••• O••••••••• L•• term loan (first lien) matures 2026-11-01 (inside 18 months; $56.1M held by 1 BDC)
  • Maturity approaching Nov 1, 2026
    V•••• O••••••••• L•• term loan (first lien) matures 2026-11-01 (inside 12 months; $56.1M held by 1 BDC)
  • Marked down across lenders Jun 30, 2026
    V•••• O••••••••• L•• term loan: marked from 52 to 43 cents on cost across 1 lender(s)
  • Marked down across lenders Mar 31, 2026
    V•••• O••••••••• L•• term loan: marked from 68 to 52 cents on cost across 1 lender(s)
  • Marked down across lenders Dec 31, 2025
    V•••• O••••••••• L•• term loan: marked from 88 to 68 cents on cost across 1 lender(s)
  • Marked down across lenders Sep 30, 2025
    V•••• O••••••••• L•• term loan: marked from 100 to 88 cents on cost across 1 lender(s)
  • PIK interest appears Dec 31, 2024
    V•••• O••••••••• L•• term loan: PIK interest of 14.21% appears (was cash pay)
  • Maturity extended (observed) Dec 31, 2024
    V•••• O••••••••• L•• term loan: maturity moved from 2024-11-01 to 2026-11-01
  • PIK interest increased Sep 30, 2022
    V•••• O••••••••• L•• term loan: PIK interest rose from 11.00% to 12.06%
Other pieces of this borrower's structure
How this facility is known
Grain
V•••• O••••••••• 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