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Borrower record · Q2 2026

Subsea Global Solutions

As filed by Brightwood Capital Corp I · period end 30 June 2026No sector — one filer, nothing to corroborate

Brightwood Capital Corp I is the only BDC lending to Subsea Global Solutions: $19.1m across two positions at Q2 2026, marked at 79.2 cents. The filer has stopped accruing interest on one position, $18.2m of fair value.

Filed fair value
$19.1m
2 funded positions
Aggregate mark
79.2c
cost filed on all 2 positions
Maturities to
2029
one date, 29 March 2029
Periods on record
5
Q2 2025 → Q2 2026

How this total is counted

Pricing as filed

2 floating tranches · SOFR
SpreadTranches
675bp1
700bp1

Bar length is the number of tranches filed at that spread. The accented rows hold the middle tranches.

Capital structure

First-Lien Senior Secured, on the one position whose seniority a filer disclosed.

1 of 2 funded positions carries no filed seniority. Whether to classify is the filer's choice, so the unclassified value is not split here.

Rate structure

Floating, on all 2 positions whose interest type a filer disclosed.

Maturity profile

1 of 2 funded positions dated
2029
$816k

2.7 years to maturity, weighted by fair value across the 1 dated position.

Filed over time

5 periods · aggregate only

Filed fair value

$21.9m
Q2 2025
$21.1m
Q3 2025
$22.6m
Q4 2025
$22.6m
Q1 2026
$19.1m
Q2 2026

Aggregate marknot to zero

100.1c
Q2 2025
96.4c
Q3 2025
97.2c
Q4 2025
94.3c
Q1 2026
79.2c
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

Non-accrualThe filer reports 1 position on non-accrual, $18.2m of fair value — 95.7% of the filed total.
Pays in kind1 position at 1 lender carry a PIK component, the largest filed at 1,350bp, $816k of fair value.

Not in the filings

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Tell me when this changes.

One lender reports Subsea Global Solutions today. We will email you when a second one does, when Brightwood Capital Corp I's mark moves, or when the position leaves the schedule.

Every filing behind this page

1 filer · Q2 2026
FilerCIKFormPeriodFiledAccession
Brightwood Capital Corp I000189531610-Q2026-06-302026-08-110001104659-26-094146

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