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Private-credit borrower · Telecommunication Services

Sorenson Communications LLC

2 BDCs lend $101M to Sorenson Communications LLC at SOFR + 575 bps on the 1 of 3 rows with a cash spread; every priced mark is 98.6.

Sorenson (Sorenson Communications) is a communications and language-services company serving Deaf and hard-of-hearing communities. It is best known as a provider of Video Relay Service (VRS), which connects Deaf and hearing callers through American Sign Language interpreters, and it also offers broader interpreting and language-access services. The company is headquartered in the Salt Lake City area (Salt Lake City, Utah).

Company profile. Written by an AI model from public web sources. No one has checked it against those sources, and it is not taken from the company's or the lender's SEC filing. It is distinct from the SEC Schedule-of-Investments pricing data below. AI-generated analysis. Not investment advice. May contain errors.

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2
BDC lenders
3
Debt positions
1
Equity and other position
$101M
Total par
$88M
Fair value
98.6
Average mark

Figures as of each lender’s latest reported period, 2026-06-30 to 2026-09-30; filed 2026-08-05 to 2026-11-05.

Lenders

Sorenson Communications LLC is held by 2 BDC lenders in our parsed SEC filings: FSK, OCSL.

Cross-lender loan pricing

Each row is one debt tranche at the BDC’s most recent filing that holds this borrower, widest spread first. Mark is the position’s fair value per 100 of par (100 = par). Spread is shown in basis points over the benchmark in the Rate column, normalized from each filing’s as-reported units — rows quoting different benchmarks are still not directly comparable. Compare like-for-like: a second-lien tranche, a different vintage, or an older filing should price wider even when the credit view is identical — check the Seniority and As of columns before reading a gap as disagreement. Source: SEC EDGAR (public). Lenders whose newest filing no longer names this borrower are listed separately under “Exited” below.

Marks are per 100 of par, current lenders only. Rows tagged “unfunded” or “n/m, not a price” are listed but left out of every average, range and comparison; a mark tagged “above 105, as filed” is shown but left out too.

Mixed reporting periods: these rows are as of 2026-06-30 and 2026-09-30. Each lender reports on its own schedule, so a mark from a later quarter can differ for reasons other than a different view of the credit — compare rows with the same As-of date first.

Cross-lender loan pricing, one row per current debt tranche
BDCSeniorityRateCash spread (bps)MarkFair valueMaturityAs of
OCSLFirst lienSOFR57598.6$41MApr 20292026-06-30filed 2026-08-05
FSKSubordinated—n/m, not a price$6MApr 20302026-09-30filed 2026-11-05
FSKSubordinated—n/m, not a price$41MApr 20302026-09-30filed 2026-11-05

Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith under the oversight of each BDC’s board (often by the adviser as valuation designee), so figures are estimates as of the period end each filing reports, not its filing date, and are not directly comparable across managers. Informational only; not investment advice or a valuation.

Equity and other positions

Current positions that are not funded debt (equity, preferred, units, and debt lines filed with no principal, such as a commitment not yet drawn) — 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).

Equity and other positions
BDCSeniorityFair valueAs of
FSKEquity Equity$3M2026-09-30filed 2026-11-05

Exited

Exited or inactive lenders: last-filed positions, not current. Excluded from every count and figure above.

Exited lenders
BDCStatusPositionsLast-filed fair value
PSECExited (last filed 2024-05-08)1$28M

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. SOFR + 575 vs SOFR + 525 bps) 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 Seniority and As of 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).

Terms in this table: SOFR (the floating benchmark most of these loans pay over); spread in basis points (bps; 100 bps is one percentage point); first lien and second lien; PIK (interest paid in more debt instead of cash); non-accrual; par (the face amount owed); and Level 3 fair value (a manager’s own estimate, not a market price). Also: mark (fair value per 100 of par, the lender's own estimate); seniority (where a position ranks for repayment); unfunded commitment (money promised but not yet drawn); basis point (one hundredth of a percentage point).

Want to read these numbers like an analyst? Free Oxford Ledge lessons: reading a BDC’s Schedule of Investments, key credit metrics, and the Five Cs of credit analysis.

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Other borrowers

Held by the same BDCs

Borrowers in the newest filings of two or more of the BDCs that hold this one, most shared first.

Same industry: Telecommunication Services

Borrowers held by two or more BDCs under the same industry label, most holders first.

Holder counts here are the borrower index’s. Or see the borrowers held most widely across BDCs.

Ownership & deal activity

No acquisition, ownership-change, or refinancing headlines for Sorenson Communications LLC are in our verified news index yet. Most BDC borrowers are private companies, so ownership events are not always public; absence reflects our indexing coverage, not the borrower’s deal activity.

Headlines mentioning this borrower

Public headlines that name Sorenson Communications LLC, matched by company name and shown most-recent first. A mention is not an endorsement, a rating, or investment advice — verify anything material against the original source. Source: Google News.