Borrower record · Q2 2026
Lightning Intermediate II
As filed by 3 BDCs · period end 30 June 2026No corroborated sector
Three lenders report $32.2m of Lightning Intermediate II at Q2 2026, marked at 98.4 cents. The filed maturities run to June 2028.
- Filed fair value
- $32.2m
- 5 funded positions
- Reporting lenders
- 3
- across 6 filed positions
- Aggregate mark
- 98.4c
- covers 83% of positions with a filed cost
- Median spread
- 600bp
- over SOFR, 4 tranches
- Maturities to
- 2028
- one date, 5 June 2028
- Periods on record
- 5
- Q2 2025 → Q2 2026
How this total is counted
- Every figure above is the sum of 5 funded positions filed by 3 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
4 floating tranches · SOFR600bp on all 4 floating tranches — every filer reports the same spread.
4 tranches carry an index floor of 1%.
Capital structure
Bars show position counts. All 5 funded positions carry a filed seniority.
Rate structure
Floating, on all 4 positions whose interest type a filer disclosed.
1 of 5 funded positions carries no filed interest type.
Maturity profile
4 of 5 funded positions dated · counts only1.9 years to maturity, weighted by fair value across the 4 dated positions.
Filed over time
5 periods · aggregate onlyFiled fair value
Aggregate marknot to zero
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
No lender reports this borrower on non-accrual, and no filed tranche pays in kind.
Not in the filings
- No sector. No industry label for Lightning Intermediate II is carried by more than one filer.
- No values on the capital structure — position counts only. With 3 lenders reporting, splitting the total along that dimension would give up a per-lender figure that sits behind the gate.
- No maturity on 1 of 5 funded positions. Undated is left undated, not assumed.
- No filed cost on 17% of positions, which the aggregate mark therefore excludes.
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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.
- 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
3 filers · Q2 2026| Filer | CIK | Form | Period | Filed | Accession |
|---|---|---|---|---|---|
| Capital Southwest Corporation (CSWC) | 0000017313 | 10-Q | 2026-06-30 | 2026-08-03 | 0000017313-26-000095 |
| Stellus Capital Investment Corporation (SCM) | 0001551901 | 10-Q | 2026-06-30 | 2026-08-10 | 0001104659-26-093435 |
| Stellus Private Credit BDC | 0001901037 | 10-Q | 2026-06-30 | 2026-08-12 | 0001104659-26-094771 |
Related borrowers
Same lenders