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Borrower record · Q2 2026

Cobalt Buyer Sub, Inc., Cobalt Holdings I, LP, and Cobalt Intermediate I

As filed by Ares Capital Corporation · period end 30 June 2026No sector — one filer, nothing to corroborate

Ares Capital Corporation is the only BDC lending to Cobalt Buyer Sub, Inc., Cobalt Holdings I, LP, and Cobalt Intermediate I: $157.3m across six positions at Q2 2026, marked at 89.5 cents. Two of the seven positions pay interest in kind, the largest at 1,375bp.

Filed fair value
$157.3m
6 funded positions
Aggregate mark
89.5c
covers 86% of positions with a filed cost
Median spread
575bp
over SOFR, 4 tranches
Maturities to
2028
earliest October 2027
Periods on record
5
Q2 2025 → Q2 2026

How this total is counted

Pricing as filed

4 floating tranches · SOFR

575bp on all 4 floating tranches — every filer reports the same spread.

Capital structure

Equity/Other2 positions
$107.5m
68.3%
First-Lien Senior Secured4 positions
$49.8m
31.7%

All 6 funded positions carry a filed seniority.

Rate structure

Fixed2 positions
$107.5m
68.3%
Floating4 positions
$49.8m
31.7%

68.3% fixed by classified fair value.

Maturity profile

5 of 6 funded positions dated
2027
$6.4m
2028
$43.4m
2029
no positions
2030
no positions
2031
no positions
2032
no positions
2033
no positions
2034
no positions
2035
no positions
2036+
$100k

2.2 years to maturity, weighted by fair value across the 5 dated positions.

Filed over time

5 periods · aggregate only

Filed fair value

$155.1m
Q2 2025
$152.8m
Q3 2025
$156.5m
Q4 2025
$154.5m
Q1 2026
$157.3m
Q2 2026

Aggregate marknot to zero

99.3c
Q2 2025
95.8c
Q3 2025
94.5c
Q4 2025
90.8c
Q1 2026
89.5c
Q2 2026

Q2 2025, Q3 2025, Q4 2025, Q1 2026, Q2 2026 — every filer reporting the borrower at each period, aggregated. No lender is separated out at any period.

Credit flags

Pays in kind2 positions at 1 lender carry a PIK component, the largest filed at 1,375bp, $107.5m of fair value.

Not in the filings

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Tell me when this changes.

One lender reports Cobalt Buyer Sub, Inc., Cobalt Holdings I, LP, and Cobalt Intermediate I today. We will email you when a second one does, when Ares Capital Corporation's mark moves, or when the position leaves the schedule.

Every filing behind this page

1 filer · Q2 2026
FilerCIKFormPeriodFiledAccession
Ares Capital Corporation (ARCC)000128775010-Q2026-06-302026-07-290001628280-26-050307

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