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Facility

T••••••••• I••••••• L•• first lien term loan

first lienheld todaySoftware & Services
Principal held
at least $6.7M
sum of BDC pieces, a lower bound
Fair value
$6.7M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+700 bp
modal across pieces
PIK
10.70%
paid in kind, the highest piece
Maturity
Jan 31, 2029
tagged by the filer
Lenders
2 holding
1 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
S•• P•••••• C••••• I••••• B•• L••
S•• C•••••• P•••••••• L••
exited$6.1M$5.5M
90c
550 bpDec 31, 2022 to Dec 31, 2025
B•••••• B••• I•••
B•••••• L••
held$4.1M$4.1M
100c
700 bpDec 31, 2021 to Jun 30, 2026
C••••••• C•••••• B••• I•••
C••••••• C•• A•••••••• L••
held$2.6M$2.6M
100c
700 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, 20262$6.7M100c700 bp10.70%Jan 31, 2029
Mar 31, 20262$6.6M100c700 bp10.70%Jan 31, 2029
Dec 31, 20253$22.4M71c450 bp1.00%Jun 30, 2027
Sep 30, 20253$22.3M78c550 bp1.00%Jun 30, 2027
Jun 30, 20253$22.2M78c450 bp1.00%Jun 30, 2027
Mar 31, 20253$22.1M82c550 bp1.00%Jun 30, 2027
Dec 31, 20243$49.3M84c550 bp2.45%Jun 30, 2027
Sep 30, 20243$21.7M84c550 bp2.50%Jun 1, 2027
Jun 30, 20243$22.0M89c450 bpDec 18, 2024
Mar 31, 20243$22.1M87c450 bpDec 18, 2024
Dec 31, 20233$22.1M95c450 bpDec 18, 2024
Sep 30, 20233$21.7M97c450 bpDec 18, 2024
Jun 30, 20232$16.2M98c425 bpDec 1, 2024
Mar 31, 20232$16.2M99c425 bpDec 1, 2024
Dec 31, 20223$20.4M99c425 bpDec 18, 2024
Sep 30, 20221$11.2M99c425 bp
Dec 31, 20211$11.3M99c450 bp
What changed on this facility
position and facility grain, including routine
  • Mark recovered Mar 31, 2026
    ••• Locked
  • PIK interest increased Mar 31, 2026
    ••• Locked
  • Maturity extended (observed) Mar 31, 2026
    ••• Locked
  • Spread changed (observed) Mar 31, 2026
    ••• Locked
  • Marked down across lenders Dec 31, 2025
    ••• Locked
  • Spread changed (observed) Dec 31, 2025
    ••• Locked
  • Lender left a facility Dec 31, 2025
    ••• Locked
  • Spread changed (observed) Sep 30, 2025
    ••• Locked
  • Spread changed (observed) Jun 30, 2025
    ••• Locked
  • Maturity extended (observed) Sep 30, 2024
    ••• Locked
  • Spread changed (observed) Sep 30, 2024
    ••• Locked
  • PIK interest appears Sep 30, 2024
    ••• Locked
  • Marked down across lenders Mar 31, 2024
    ••• Locked
  • New lender joined a facility Dec 31, 2022
    ••• Locked
Other pieces of this borrower's structure
How this facility is known
Grain
T••••••••• 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
Status
unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
Origin
bdc tapereported