Borrower record · Q2 2026
Cadence Education
As filed by 4 BDCs · period end 30 June 2026Filers label it: Consumer Services (3)
Four lenders report $61.5m of Cadence Education at Q2 2026, marked at 99.4 cents. First-Lien Senior Secured on all 11 positions whose seniority a filer disclosed.
- Filed fair value
- $61.5m
- 15 funded positions
- Reporting lenders
- 4
- across 16 filed positions
- Aggregate mark
- 99.4c
- covers 75% of positions with a filed cost
- Median spread
- 500bp
- over SOFR, 15 tranches
- Maturities to
- 2031
- earliest May 2030
- Periods on record
- 5
- first filed Q2 2025
How this total is counted
- Every figure above is the sum of 15 funded positions filed by 4 BDCs, each one cited below.
- Counted from the Q2 2026 filings imported for this build, the latest of them filed 20 August 2026. A schedule filed after that date is not in these figures and will appear when the property is rebuilt.
- 1 filed position carries no positive fair value — unfunded or written off — and is outside every figure above.
Pricing as filed
15 floating tranches · SOFR500bp on all 15 floating tranches — every filer reports the same spread.
12 tranches carry an index floor of 0.8%.
Capital structure
First-Lien Senior Secured, on all 11 positions whose seniority a filer disclosed.
4 of 15 funded positions carry no filed seniority. Whether to classify is the filer's choice, so the unclassified value is not split here.
Rate structure
Floating, on all 15 positions whose interest type a filer disclosed.
Maturity profile
all 15 funded positions dated4.7 years to maturity, weighted by fair value across the 15 dated positions.
Credit flags
No lender reports this borrower on non-accrual, and no filed tranche pays in kind.
Not in the filings
- No sector. 3 filers file the same industry string, shown above as filed, but it has not cleared the corroboration test.
- No period-by-period totals across the 5 periods on record. A single filer is separable somewhere in that history — at a period only one of them reported, or in the difference between two — so the series would give up that filer's position.
- No filed seniority on 4 of 15 funded positions.
- No filed cost on 25% of positions, which the aggregate mark therefore excludes.
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Who holds it, and where they mark it.
4 lenders hold the same credit and mark it differently. Behind the gate, one row each — for this borrower and for every other one on this site, free and with no limit on how many you read.
- The spread between the highest and lowest lender mark
- Quarter-on-quarter movement across 5 periods
- Peer comparison against borrowers with the same lenders
- The 10-Q or 10-K behind every row, by accession number
Every filing behind this page
4 filers · Q2 2026| Filer | CIK | Form | Period | Filed | Accession |
|---|---|---|---|---|---|
| FS KKR Capital Corp (FSK) | 0001422183 | 10-Q | 2026-06-30 | 2026-08-06 | 0001628280-26-053783 |
| KKR Enhanced US Direct Lending Fund-L Inc. | 0002012839 | 10-Q | 2026-06-30 | 2026-08-13 | 0001628280-26-056657 |
| KKR FS Income Trust | 0001930679 | 10-Q | 2026-06-30 | 2026-08-12 | 0001628280-26-056131 |
| KKR FS Income Trust Select | 0001975736 | 10-Q | 2026-06-30 | 2026-08-12 | 0001628280-26-056136 |
Related borrowers
Same lenders