LB NewHoldCo LLC
How each BDC lender prices its exposure to this borrower, from the latest SEC Schedule-of-Investments filings.
Lenders
2 BDCs hold positions in LB NewHoldCo LLC in our parsed SEC filings: BCIC, CION. None of them holds its debt in these filings; every current position is equity, preferred or another non-debt security.
Cross-lender loan pricing
Equity and other positions
Current positions that are not funded debt (equity, preferred, units) — counted among the BDCs that hold this borrower, but they carry no loan spread, so they sit outside the pricing table. Source: SEC EDGAR (public).
Exited
Exited or inactive lenders: last-filed positions, not current. Excluded from every count and figure above.
| BDC | Status | Positions | Last-filed Fair Value |
|---|---|---|---|
| PHEN | Exited (last filed 2025-02-07) | 1 | $2M |
Ownership & deal activity
Headlines mentioning LB NewHoldCo LLC
Reading this table
When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).
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