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

P• I••••••••• H••••••• I••• L•• first lien term loan

first lienheld todayTrading Companies & Distributorssponsor L•••••• G•••• • P•••••••• L••• carried
Principal held
at least $257M
sum of BDC pieces, a lower bound
Fair value
$254M
99c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+475 bp
modal across pieces
PIK
none stated
Maturity
Apr 9, 2030
tagged by the filer
Lenders
7 holding
8 exited · 0 named on a deal
On the tape
17 quarters
Sep 30, 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
G•••• C•••••• B•• 3• I•••
GC ADVISORS LLC
dormant · 4 pieces$40.9M$40.9M
101c
650 bpSep 30, 2022 to Mar 31, 2024
G•••••• S•••• M••••• M••••• L•••••• C•••• I•
G•••••• S•••• Asset Management, L.P
dormant · 2 pieces$18.7M$17.2M
99c
500 bpJun 30, 2024 to Jun 30, 2025
M••••• S•••••• D••••• L•••••• F•••
MS CAPITAL PARTNERS ADVISER INC.
exited · 2 pieces$42.0M$42.0M
101c
500 bpJun 30, 2024 to Jun 30, 2025
T• S••••• B•• L••
MS CAPITAL PARTNERS ADVISER INC.
exited · 2 pieces$32.1M$32.1M
101c
500 bpSep 30, 2025 to Sep 30, 2025
G•••••• S•••• P•••••• M••••• M••••• C••••• I• L••
G•••••• S•••• Asset Management, L.P
exited · 4 pieces$25.1M$24.9M
100c
598 bpDec 31, 2022 to Mar 31, 2024
J•••••••• C••••• P••••••• B•• I•••
JEFFERIES CREDIT MANAGEMENT LLC
exited$20.6M$20.6M
100c
475 bpJun 30, 2024 to Mar 31, 2026
N••••• C•••••••• D••••• L•••••• C••••
CHURCHILL DLC ADVISOR LLC
exited$12.3M$12.4M
101c
325 bpDec 31, 2024 to Dec 31, 2024
R•••••• E••••••• I••••• F•••• L•
REDWOOD CAPITAL MANAGEMENT, LLC
exited$11.1M$11.1M
101c
650 bpMar 31, 2023 to Mar 31, 2024
P••••• S••••• C•••••• B•• I•••
PALMER SQUARE BDC ADVISOR LLC
exited$10.1M$10.0M
100c
500 bpDec 31, 2023 to Dec 31, 2025
S••••• C••••• I••••••••• L••
JEFFERIES CREDIT MANAGEMENT LLC
exited$8.7M$8.7M
100c
475 bpSep 30, 2024 to Mar 31, 2026
G•••••• S•••• P•••••• C••••• C••••
G•••••• S•••• Asset Management, L.P
held$134M$132M
99c
475 bpJun 30, 2024 to Jun 30, 2026
T• R••• P•••• O•• S••••• P•••••• C••••• F•••
OHA PRIVATE CREDIT ADVISORS LLC
held$35.7M$35.7M
100c
475 bpDec 31, 2025 to Jun 30, 2026
G•••••• S•••• B••• I•••
G•••••• S•••• Asset Management, L.P
held$34.8M$34.2M
99c
475 bpDec 31, 2022 to Jun 30, 2026
G•••• C•••••• B••• I•••
GC ADVISORS LLC
held$21.5M$21.5M
100c
475 bpSep 30, 2021 to Jun 30, 2026
P•••••• S••••• B•• L••
G•••••• S•••• Asset Management, L.P
held$14.3M$14.1M
99c
475 bpJun 30, 2024 to Jun 30, 2026
O•• S••••• P•••••• L•••••• F••• •• L••
OHA PRIVATE CREDIT ADVISORS II, L.P.
held$12.7M$12.7M
101c
475 bpDec 31, 2025 to Jun 30, 2026
N••••• C•••••••• P•••••• C•••••• I••••• F•••
CHURCHILL PCIF ADVISOR LLC
held$3.7M$3.7M
98c
475 bpDec 31, 2024 to Jun 30, 2026
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Jun 30, 20267$257M99c475 bpApr 9, 2030
Mar 31, 20267$244M99c475 bp1.75%Apr 9, 2030
Dec 31, 202510$488M99c500 bp1.75%Apr 9, 2030
Sep 30, 20258$298M99c500 bp1.75%Apr 9, 2030
Jun 30, 20259$301M99c500 bp1.75%Apr 9, 2030
Mar 31, 20259$294M100c500 bp1.75%Apr 9, 2030
Dec 31, 202411$328M100c500 bp1.75%Apr 9, 2030
Sep 30, 20249$291M100c500 bp1.75%Apr 9, 2030
Jun 30, 20247$256M100c500 bp1.75%Apr 9, 2030
Mar 31, 20244$139M101c598 bpNov 1, 2028
Dec 31, 20236$263M101c598 bpNov 1, 2028
Sep 30, 20235$166M101c598 bpNov 1, 2028
Jun 30, 20235$166M99c598 bpNov 1, 2028
Mar 31, 20235$141M98c598 bpNov 1, 2028
Dec 31, 20223$114M99c550 bpNov 1, 2028
Sep 30, 20222$100M99c550 bpNov 1, 2028
Sep 30, 20211$29.7M101c550 bpOct 1, 2025
What changed on this facility
position and facility grain, including routine
  • Lender left a facility Mar 31, 2026
    J•••••••• C••••• P••••••• B•• I••• no longer holds P• I••••••••• H••••••• I••• L•• term loan after 2026-03-31; 10 BDC(s) still hold it
  • Lender left a facility Mar 31, 2026
    S••••• C••••• I••••••••• L•• no longer holds P• I••••••••• H••••••• I••• L•• term loan after 2026-03-31; 10 BDC(s) still hold it
  • New lender joined a facility Dec 31, 2025
    T• R••• P•••• O•• S••••• P•••••• C••••• F••• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • New lender joined a facility Dec 31, 2025
    O•• S••••• P•••••• L•••••• F••• •• L•• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • Lender left a facility Dec 31, 2025
    P••••• S••••• C•••••• B•• I••• no longer holds P• I••••••••• H••••••• I••• L•• term loan after 2025-12-31; 10 BDC(s) still hold it
  • New lender joined a facility Sep 30, 2025
    T• S••••• B•• L•• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • Lender left a facility Sep 30, 2025
    T• S••••• B•• L•• no longer holds P• I••••••••• H••••••• I••• L•• term loan after 2025-09-30; 10 BDC(s) still hold it
  • Lender left a facility Jun 30, 2025
    M••••• S•••••• D••••• L•••••• F••• no longer holds P• I••••••••• H••••••• I••• L•• term loan after 2025-06-30; 10 BDC(s) still hold it
  • New lender joined a facility Dec 31, 2024
    N••••• C•••••••• D••••• L•••••• C•••• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • Lender left a facility Dec 31, 2024
    N••••• C•••••••• D••••• L•••••• C•••• no longer holds P• I••••••••• H••••••• I••• L•• term loan after 2024-12-31; 10 BDC(s) still hold it
  • New lender joined a facility Dec 31, 2024
    N••••• C•••••••• P•••••• C•••••• I••••• F••• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • New lender joined a facility Sep 30, 2024
    S••••• C••••• I••••••••• L•• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • Spread changed (observed) Jun 30, 2024
    P• I••••••••• H••••••• I••• L•• term loan: spread moved from 5.98% to 5.00%
  • Maturity extended (observed) Jun 30, 2024
    P• I••••••••• H••••••• I••• L•• term loan: maturity moved from 2028-11-01 to 2030-04-09
  • PIK interest appears Jun 30, 2024
    P• I••••••••• H••••••• I••• L•• term loan: PIK interest of 1.75% appears (was cash pay)
  • New lender joined a facility Jun 30, 2024
    G•••••• S•••• P•••••• C••••• C•••• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • New lender joined a facility Jun 30, 2024
    M••••• S•••••• D••••• L•••••• F••• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • New lender joined a facility Jun 30, 2024
    J•••••••• C••••• P••••••• B•• I••• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • New lender joined a facility Jun 30, 2024
    G•••••• S•••• M••••• M••••• L•••••• C•••• I• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • New lender joined a facility Jun 30, 2024
    P•••••• S••••• B•• L•• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • Lender left a facility Mar 31, 2024
    G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• no longer holds P• I••••••••• H••••••• I••• L•• term loan after 2024-03-31; 10 BDC(s) still hold it
  • Lender left a facility Mar 31, 2024
    R•••••• E••••••• I••••• F•••• L• no longer holds P• I••••••••• H••••••• I••• L•• term loan after 2024-03-31; 10 BDC(s) still hold it
  • New lender joined a facility Mar 31, 2023
    R•••••• E••••••• I••••• F•••• L• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • New lender joined a facility Dec 31, 2022
    G•••••• S•••• B••• I••• joins P• I••••••••• H••••••• I••• L•• term loan (first lien) held by 16 other BDCs
  • Maturity extended (observed) Sep 30, 2022
    P• I••••••••• H••••••• I••• L•• term loan: maturity moved from 2025-10-01 to 2028-11-01
Other pieces of this borrower's structure
How this facility is known
Grain
P• I••••••••• H••••••• I••• 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