Company: PIM
Filing Date: 2025-12-01
Form Type: N-CSR
Source: 0001133228-25-012988
Chunk: 48

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-12-01
Form: N-CSR
Chunk 48
---
,

Initial

CME

Term

Loan,

5.752%,

(3-month

SOFR

+

1.75%),

4/10/31

..............

United

States

133,650

133,278

g

#### Health

#### Care

#### Equipment
#### &

#### Supplies

#### 0.4%
Bausch

+

Lomb

Corp.,

First

Lien,

New

CME

Term

Loan,

8.163%,

(1-month

SOFR

+

4%),

9/29/28

.......................

United

States

123,789

123,944

Bausch

+

Lomb

Corp.,

First

Lien,

Third

Amendment

CME

Term

Loan,

8.413%,

(1-month

SOFR

+

4.25%),

1/15/31

.........

United

States

320,836

321,437

Putnam

Master

Intermediate

Income

Trust

Schedule

of

Investments

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

### financial
statements.

Annual

Report

21

a

a

#### Country

#### Principal

#### Amount
***

a**

#### Value
a

#### a

#### a
a

#### a
f

#### Senior

#### Floating

#### Rate

#### Interests
(continued)

g

#### Health

#### Care

#### Equipment
#### &

#### Supplies
(continued)

Medline

Borrower

LP,

First

Lien,

2028

Refinancing

CME

Term

Loan,

6.163%,

(1-month

SOFR

+

2%),

10/23/28

...........

United

States

174,415

$

174,589

619,970

a

a

a

a

a

a

g

#### Health

#### Care

#### Providers
#### &

#### Services

#### 0.4%
Phoenix

Guarantor,

Inc.,

First

Lien,

CME

Term

Loan,

B5,

6.663%,

(1-month

SOFR

+

2.5%),

2/21/31

......................

United

States

201,935

202,287

Phoenix

Newco,

Inc.,

First

Lien,

Sixth

Amendment

CME