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Borrower record · Q2 2026

Pai Middle Tier

As filed by 4 BDCs · period end 30 June 2026NAICS 31-33 · Manufacturing1 name variant under review

Four lenders report $80.8m of Pai Middle Tier at Q2 2026, marked at 98.5 cents. First-Lien Senior Secured on all four positions whose seniority a filer disclosed.

Filed fair value
$80.8m
4 funded positions
Reporting lenders
4
across 7 filed positions
Aggregate mark
98.5c
covers 57% of positions with a filed cost
Median spread
475bp
over SOFR, 4 tranches
Maturities to
2032
one date, 13 February 2032
Periods on record
5
first filed Q2 2025

How this total is counted

Pricing as filed

4 floating tranches · SOFR

475bp on all 4 floating tranches — every filer reports the same spread.

3 tranches carry an index floor of 0.75%.

Capital structure

First-Lien Senior Secured, on all 4 positions whose seniority a filer disclosed.

Rate structure

Floating, on all 4 positions whose interest type a filer disclosed.

Maturity profile

all 4 funded positions dated
2032
$80.8m

5.6 years to maturity, weighted by fair value across the 4 dated positions.

Where the lenders disagree

4 filers disclosed a cost

Lender marks on the same debt differ by up to 3.0c.

Credit flags

No lender reports this borrower on non-accrual, and no filed tranche pays in kind.

Not in the filings

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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.

LenderPositionsFair valueMarkSpreadMaturityAccrual

Every filing behind this page

4 filers · Q2 2026
FilerCIKFormPeriodFiledAccession
Apollo Debt Solutions BDC (ADS)000183753210-Q2026-06-302026-08-100001193125-26-341358
MidCap Apollo Institutional Private Lending000200675810-Q2026-06-302026-08-130001193125-26-349327
MidCap Financial Investment Corp (MFIC)000127875210-Q2026-06-302026-08-060001193125-26-335848
Monroe Capital Income Plus Corp000174231310-Q2026-06-302026-08-070001742313-26-000046

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