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

W••••• G•••• L•• first lien term loan

first lienheld todayServices: Consumer
Principal held
at least $446M
sum of BDC pieces, a lower bound
Fair value
$424M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+475 bp
modal across pieces
PIK
none stated
Maturity
Sep 3, 2032
html_schedule
Lenders
11 holding
9 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
A••• S•••••••• I••••• F•••
A••• CAPITAL MANAGEMENT LLC
exited$58.8M$58.5M
101c
400 bpMar 31, 2024 to Jun 30, 2025
J•••••••• C••••• P••••••• B•• I•••
JEFFERIES CREDIT MANAGEMENT LLC
exited$20.6M$20.6M
101c
475 bpSep 30, 2025 to Mar 31, 2026
N••••• C•••••••• D••••• L•••••• C••••
CHURCHILL DLC ADVISOR LLC
exited$9.9M$9.7M
98c
400 bpDec 31, 2024 to Mar 31, 2025
S••••• C••••• I••••••••• L••
JEFFERIES CREDIT MANAGEMENT LLC
exited$5.7M$5.7M
100c
475 bpDec 31, 2025 to Dec 31, 2025
F•••• E•••• P•••••• C••••• F•••
FIRST EAGLE INVESTMENT MANAGEMENT, LLC
exited$4.0M$4.0M
100c
400 bpJun 30, 2024 to Sep 30, 2024
N••••• C•••••••• P•••••• C•••••• I••••• F•••
CHURCHILL PCIF ADVISOR LLC
exited$3.9M$3.8M
98c
400 bpDec 31, 2024 to Mar 31, 2025
P••••••••• F••••••• R••• C•••••• L•••
PENNANTPARK INVESTMENT ADVISERS, LLC
exited$3.5M$3.4M
100c
426 bpMar 31, 2024 to Jun 30, 2025
K•••••• L•••• C•••••• C•
KENNEDY LEWIS CAPITAL HOLDINGS LLC
exited$1.2M$1.2M
101c
450 bpMar 31, 2023 to Mar 31, 2023
A••• C•••••• C•••
A••• CAPITAL MANAGEMENT LLC
exited$100,000$100,000
100c
400 bpDec 31, 2024 to Jun 30, 2025
B••• O•• C••••• I••••• C••••
BLUE OWL CREDIT ADVISORS LLC
held$236M$234M
100c
475 bpDec 31, 2022 to Jun 30, 2026
B••• O•• C•••••• C•••
BLUE OWL CREDIT ADVISORS LLC
held$93.5M$92.6M
100c
475 bpSep 30, 2025 to Jun 30, 2026
T• R••• P•••• O•• S••••• P•••••• C••••• F•••
OHA PRIVATE CREDIT ADVISORS LLC
held · 3 pieces$49.8M$38.8M
100c
475 bpDec 31, 2025 to Jun 30, 2026
A•• P•••••• C••••• I••••• F•••
AGL US DL MANAGEMENT LLC
held$21.9M$21.7M
100c
475 bpDec 31, 2025 to Jun 30, 2026
N•• M••••••• P•••••• C••••• F•••
NEW MOUNTAIN FINANCE ADVISERS, L.L.C.
held · 3 pieces$10.0M$7.8M
100c
475 bpMar 31, 2025 to Jun 30, 2026
N•• M••••••• G••••••• I• B••• L•••••
NEW MOUNTAIN FINANCE ADVISERS, L.L.C.
held · 3 pieces$10.0M$7.8M
100c
475 bpDec 31, 2025 to Jun 30, 2026
C•••••• C••••• S••••••••• I•••
CARLYLE GLOBAL CREDIT INVESTMENT MANAGEMENT L.L.C.
held$6.8M$6.8M
100c
475 bpDec 31, 2025 to Jun 30, 2026
N•• S•• I• I•••
NEW MOUNTAIN FINANCE ADVISERS, L.L.C.
held · 3 pieces$5.8M$5.1M
100c
475 bpDec 31, 2025 to Jun 30, 2026
O•• S••••• P•••••• L•••••• F••• •• L••
OHA PRIVATE CREDIT ADVISORS II, L.P.
held · 3 pieces$5.1M$3.9M
100c
475 bpDec 31, 2025 to Jun 30, 2026
N•• M••••••• G••••••• I• I••••• F•••• L•••••
NEW MOUNTAIN FINANCE ADVISERS, L.L.C.
held · 3 pieces$5.0M$3.9M
100c
475 bpDec 31, 2025 to Jun 30, 2026
B••• O•• C•••••• C••• I•
BLUE OWL CREDIT ADVISORS LLC
held$1.3M$1.3M
100c
475 bpSep 30, 2025 to Jun 30, 2026
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Jun 30, 202611$446M100c475 bpSep 3, 2032
Mar 31, 202610$418M100c475 bpSep 3, 2032
Dec 31, 202513$512M100c475 bpSep 3, 2032
Sep 30, 20254$440M100c475 bpSep 3, 2032
Jun 30, 20255$86.7M101c400 bpOct 30, 2028
Mar 31, 20257$109M96c400 bpOct 30, 2028
Dec 31, 20246$127M97c400 bpOct 30, 2028
Sep 30, 20244$52.7M100c400 bpOct 30, 2028
Jun 30, 20243$34.8M100c400 bpOct 30, 2028
Mar 31, 20243$35.9M100c400 bpOct 30, 2028
Dec 31, 20231$27.4M101c450 bpApr 1, 2026
Sep 30, 20231$27.4M101c400 bpApr 1, 2026
Jun 30, 20231$27.5M100c400 bpApr 1, 2026
Mar 31, 20232$28.7M99c450 bpApr 30, 2026
Dec 31, 20221$10.5M98c400 bpApr 1, 2026
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 W••••• G•••• L•• term loan after 2026-03-31; 11 BDC(s) still hold it
  • New lender joined a facility Dec 31, 2025
    T• R••• P•••• O•• S••••• P•••••• C••••• F••• joins W••••• G•••• L•• term loan (first lien) held by 12 other BDCs
  • New lender joined a facility Dec 31, 2025
    A•• P•••••• C••••• I••••• F••• joins W••••• G•••• L•• term loan (first lien) held by 12 other BDCs
  • New lender joined a facility Dec 31, 2025
    N•• M••••••• G••••••• I• B••• L••••• joins W••••• G•••• L•• term loan (first lien) held by 12 other BDCs
  • New lender joined a facility Dec 31, 2025
    C•••••• C••••• S••••••••• I••• joins W••••• G•••• L•• term loan (first lien) held by 12 other BDCs
  • New lender joined a facility Dec 31, 2025
    N•• S•• I• I••• joins W••••• G•••• L•• term loan (first lien) held by 12 other BDCs
  • New lender joined a facility Dec 31, 2025
    S••••• C••••• I••••••••• L•• joins W••••• G•••• L•• term loan (first lien) held by 12 other BDCs
  • Lender left a facility Dec 31, 2025
    S••••• C••••• I••••••••• L•• no longer holds W••••• G•••• L•• term loan after 2025-12-31; 11 BDC(s) still hold it
  • New lender joined a facility Dec 31, 2025
    O•• S••••• P•••••• L•••••• F••• •• L•• joins W••••• G•••• L•• term loan (first lien) held by 12 other BDCs
  • New lender joined a facility Dec 31, 2025
    N•• M••••••• G••••••• I• I••••• F•••• L••••• joins W••••• G•••• L•• term loan (first lien) held by 12 other BDCs
  • Spread changed (observed) Sep 30, 2025
    W••••• G•••• L•• term loan: spread moved from 4.00% to 4.75%
  • Maturity extended (observed) Sep 30, 2025
    W••••• G•••• L•• term loan: maturity moved from 2028-10-30 to 2032-09-03
  • New lender joined a facility Sep 30, 2025
    J•••••••• C••••• P••••••• B•• I••• joins W••••• G•••• L•• term loan (first lien) held by 7 other BDCs
  • New lender joined a facility Sep 30, 2025
    B••• O•• C•••••• C••• I• joins W••••• G•••• L•• term loan (first lien) held by 7 other BDCs
  • Lender left a facility Jun 30, 2025
    A••• S•••••••• I••••• F••• no longer holds W••••• G•••• L•• term loan after 2025-06-30; 11 BDC(s) still hold it
  • Lender left a facility Jun 30, 2025
    P••••••••• F••••••• R••• C•••••• L••• no longer holds W••••• G•••• L•• term loan after 2025-06-30; 11 BDC(s) still hold it
  • Lender left a facility Jun 30, 2025
    A••• C•••••• C••• no longer holds W••••• G•••• L•• term loan after 2025-06-30; 11 BDC(s) still hold it
  • New lender joined a facility Mar 31, 2025
    N•• M••••••• P•••••• C••••• F••• joins W••••• G•••• L•• term loan (first lien) held by 6 other BDCs
  • Lender left a facility Mar 31, 2025
    N••••• C•••••••• D••••• L•••••• C•••• no longer holds W••••• G•••• L•• term loan after 2025-03-31; 11 BDC(s) still hold it
  • Lender left a facility Mar 31, 2025
    N••••• C•••••••• P•••••• C•••••• I••••• F••• no longer holds W••••• G•••• L•• term loan after 2025-03-31; 11 BDC(s) still hold it
  • New lender joined a facility Dec 31, 2024
    N••••• C•••••••• D••••• L•••••• C•••• joins W••••• G•••• L•• term loan (first lien) held by 6 other BDCs
  • New lender joined a facility Dec 31, 2024
    N••••• C•••••••• P•••••• C•••••• I••••• F••• joins W••••• G•••• L•• term loan (first lien) held by 6 other BDCs
  • New lender joined a facility Dec 31, 2024
    A••• C•••••• C••• joins W••••• G•••• L•• term loan (first lien) held by 6 other BDCs
  • Lender left a facility Sep 30, 2024
    F•••• E•••• P•••••• C••••• F••• no longer holds W••••• G•••• L•• term loan after 2024-09-30; 11 BDC(s) still hold it
  • New lender joined a facility Jun 30, 2024
    F•••• E•••• P•••••• C••••• F••• joins W••••• G•••• L•• term loan (first lien) held by 3 other BDCs
  • New lender joined a facility Mar 31, 2024
    A••• S•••••••• I••••• F••• joins W••••• G•••• L•• term loan (first lien) held by 2 other BDCs
  • Maturity extended (observed) Mar 31, 2024
    W••••• G•••• L•• term loan: maturity moved from 2026-04-01 to 2028-10-30
  • New lender joined a facility Mar 31, 2024
    P••••••••• F••••••• R••• C•••••• L••• joins W••••• G•••• L•• term loan (first lien) held by 2 other BDCs
  • Lender left a facility Mar 31, 2023
    K•••••• L•••• C•••••• C• no longer holds W••••• G•••• L•• term loan after 2023-03-31; 11 BDC(s) still hold it
Other pieces of this borrower's structure
How this facility is known
Grain
W••••• G•••• 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