AB 2020 Form 10-K

Portfolio Company Industry Facility Type Interest Maturity Funded Par Amount Cost Fair Value Rep Tec Intermediate Holdings, Inc. (2) (3) Software & Tech Services Revolver 7.50% (L + 6.50%; 1.00% Floor) 06/19/2025 $ — $ (7,924) $ — Rep Tec Intermediate Holdings, Inc. (4) Software & Tech Services Term Loan 7.50% (L + 6.50%; 1.00% Floor) 06/19/2025 4,164,398 4,089,771 4,164,398 SecureLink, Inc (1) Software & Tech Services Initial Term Loan 6.50% (L + 5.50%; 1.00% Floor) 10/01/2025 4,922,655 4,852,007 4,848,815 SecureLink, Inc (2) (3) Software & Tech Services Revolver 6.50% (L + 5.50%; 1.00% Floor) 10/01/2025 — (6,262) (6,593) Sirsi Corporation (2) (3) Software & Tech Services Revolver 5.75% (L + 4.75%; 1.00% Floor) 03/15/2024 — (5,503) (6,921) Sirsi Corporation (1) Software & Tech Services Term Loan 5.75% (L + 4.75%; 1.00% Floor) 03/15/2024 8,449,581 8,361,442 8,343,961 Smartlinx Solutions, LLC (2) (3) Software & Tech Services Revolver 7.00% (L + 6.00%; 1.00% Floor) 03/04/2026 — (4,498) (9,974) Smartlinx Solutions, LLC (1) (4) Software & Tech Services Term Loan 7.00% (L + 6.00%; 1.00% Floor) 03/04/2026 5,735,912 5,635,853 5,625,782 Streamsets, Inc. (2) (3) Software & Tech Services Revolver 6.75% (L + 5.00%; 0.75% PIK; 1.00% Floor) 11/25/2024 — (9,115) (9,737) Streamsets, Inc. (4) Software & Tech Services Term Loan 6.75% (L + 5.00%; 0.75% PIK; 1.00% Floor) 11/25/2024 2,103,146 2,048,309 2,044,721 SugarCRM, Inc. (2) (3) (4) Software & Tech Services Revolver 7.50% (L + 6.50%; 1.00% Floor) 07/31/2024 — (3,326) — SugarCRM, Inc. (1) (4) Software & Tech Services Term Loan 7.50% (L + 6.50%; 1.00% Floor) 07/31/2024 4,268,824 4,215,403 4,268,824 Swiftpage, Inc. (2) (3) (4) Software & Tech Services Revolver 7.50% (L + 6.50%; 1.00% Floor) 06/13/2023 — (2,232) (7,887) Swiftpage, Inc. (4) Software & Tech Services Term Loan 7.50% (L + 6.50%; 1.00% Floor) 06/13/2023 2,471,441 2,445,531 2,384,940 Swiftpage, Inc. (4) Software & Tech Services Term Loan A 7.50% (L + 6.50%; 1.00% Floor) 06/13/2023 227,475 224,713 219,514 Sysnet North America, Inc (2) (3) Software & Tech Services Delayed Draw Term Loan B1 6.50% (L + 5.50%; 1.00% Floor) 12/01/2026 — (28,973) (57,946) Sysnet North America, Inc (1) (4) Software & Tech Services Term Loan 6.50% (L + 5.50%; 1.00% Floor) 12/01/2026 5,150,792 5,073,530 5,073,530 Telesoft Holdings, LLC (2) (3) Software & Tech Services Revolver 6.75% (L + 5.75%, 1.00% Floor) 12/16/2025 — (11,150) (13,429) Telesoft Holdings, LLC (4) Software & Tech Services Term Loan 6.75% (L + 5.75%, 1.00% Floor) 12/16/2025 5,923,900 5,811,092 5,790,612 TRGRP, Inc. (2) (3) Software & Tech Services Revolver 8.00% (L + 4.50%; 2.50% PIK; 1.00% Floor) 11/01/2023 — (3,789) (6,666) TRGRP, Inc. (1) Software & Tech Services Term Loan 8.00% (L + 4.50%; 2.50% PIK; 1.00% Floor) 11/01/2023 1,093,574 1,079,177 1,071,703 TRGRP, Inc. (1) (4) Software & Tech Services Term Loan 8.00% (L + 4.50%; 2.50% PIK; 1.00% Floor) 11/01/2023 4,894,320 4,836,011 4,796,433 Velocity Purchaser Corporation (2) (3) Software & Tech Services Revolver 7.00% (L + 6.00%; 1.00% Floor) 12/01/2022 — (1,518) — Velocity Purchaser Corporation (1) Software & Tech Services Term Loan 7.00% (L + 6.00%; 1.00% Floor) 12/01/2022 660,247 653,553 660,247 Velocity Purchaser Corporation (1) Software & Tech Services Term Loan 7.00% (L + 6.00%; 1.00% Floor) 12/01/2022 2,655,701 2,633,903 2,655,701 Velocity Purchaser Corporation (1) Software & Tech Services Third Amendment Term Loan 7.00% (L + 6.00%; 1.00% Floor) 12/01/2022 5,167,773 5,066,540 5,167,773 Watermark Insights, LLC (1) Software & Tech Services Delayed Draw Term Loan 5.00% (L + 4.00%; 1.00% Floor) 06/07/2024 324,557 323,118 317,255 Watermark Insights, LLC (1) Software & Tech Services Term Loan 5.00% (L + 4.00%; 1.00% Floor) 06/07/2024 2,586,180 2,570,238 2,527,991 Dillon Logistics, Inc. (2) Transport & Logistics Revolver 8.00% (L + 7.00%; 1.00% Floor) 12/11/2023 191,523 187,627 (28,059) Dillon Logistics, Inc. Transport & Logistics Term Loan A 8.00% (L + 7.00%; 1.00% Floor) 12/11/2023 2,797,528 2,681,107 1,286,863 Dillon Logistics, Inc. Transport & Logistics Term Loan B 8.00% (L + 7.00%; 1.00% Floor) 12/11/2023 822,784 776,708 378,481 OSG Bulk Ships, Inc. (1) Transport & Logistics Term Loan 5.16% (L + 5.00%) 12/21/2023 5,169,932 5,129,012 5,066,533 Total U.S. 1st Lien/Senior Secured Debt 517,273,493 510,366,233 2nd Lien/Junior Secured Debt —5.13% Brave Parent Holdings, Inc. (1) Energy Term Loan 7.65% (L + 7.50%) 04/17/2026 1,230,107 1,208,583 1,202,429 Foundation Risk Partners, Corp. (2) (3) Financials 2nd Lien Delayed Draw Term Loan 9.50% (L + 8.50%; 1.00% Floor) 11/10/2024 — (15,711) (14,140) Foundation Risk Partners, Corp. (1) Financials 2nd Lien Term Loan 9.50% (L + 8.50%; 1.00% Floor) 11/10/2024 837,931 816,996 819,077 Conterra Ultra Broadband Holdings, Inc. (1) Software & Tech Services Term Loan 9.00% (L + 8.00%; 1.00% Floor) 04/30/2027 6,537,710 6,454,358 6,537,710 Symplr Software, Inc. (1) Software & Tech Services 2nd Lien Term Loan 8.625% (L + 7.875%; 0.75% Floor) 12/22/2028 2,909,482 2,851,443 2,851,293 Total U.S. 2nd Lien/Junior Secured Debt 11,315,669 11,396,369 Total U.S. Corporate Debt 528,589,162 521,762,602 Canadian Corporate Debt —0.37%