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Borrower record · Q2 2026

ERC Topco

As filed by 3 BDCs · period end 30 June 2026NAICS 62 · Health Care and Social Assistance

Three lenders report $20.0m of ERC Topco at Q2 2026, marked at 83.2 cents. Three of the eight positions pay interest in kind, the largest at 1,046bp.

Filed fair value
$20.0m
8 funded positions
Reporting lenders
3
across 8 filed positions
Aggregate mark
83.2c
cost filed on all 8 positions
Median spread
550bp
over SOFR, 5 tranches
Maturities to
2030
earliest March 2030
Periods on record
5
Q2 2025 → Q2 2026

How this total is counted

Pricing as filed

5 floating tranches · SOFR
SpreadTranches
550bp3
650bp2

Bar length is the number of tranches filed at that spread. The accented row holds the median tranche.

622bp weighted by fair value, across the same 5 tranches.

Capital structure

Equity/Other, on all 2 positions whose seniority a filer disclosed.

6 of 8 funded positions carry no filed seniority. Whether to classify is the filer's choice, so the unclassified value is not split here.

Rate structure

Floating5 positions
Fixed1 position

Bars show position counts. 5 of 6 classified positions are floating. 2 positions carry no filed interest type.

Maturity profile

6 of 8 funded positions dated
2030
$16.4m

3.7 years to maturity, weighted by fair value across the 6 dated positions.

Filed over time

5 periods · aggregate only

Filed fair value

$21.8m
Q2 2025
$20.8m
Q3 2025
$21.6m
Q4 2025
$20.2m
Q1 2026
$20.0m
Q2 2026

Aggregate marknot to zero

99.8c
Q2 2025
93.3c
Q3 2025
93.1c
Q4 2025
85.0c
Q1 2026
83.2c
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 kind3 positions at 3 lenders carry a PIK component, the largest filed at 1,046bp, $13.5m of fair value.

Not in the filings

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Who holds it, and where they mark it.

3 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.

LenderPositionsFair valueMarkSpreadMaturityAccrual

Every filing behind this page

3 filers · Q2 2026
FilerCIKFormPeriodFiledAccession
Golub Capital BDC, Inc. (GBDC)000147676510-Q2026-06-302026-08-030001476765-26-000048
GOLUB CAPITAL DIRECT LENDING CORP000186887810-Q2026-06-302026-08-130001868878-26-000031
HPS Corporate Lending Fund (HLEND)000183812610-Q2026-06-302026-08-130001628280-26-056772

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