Company: PIM
Filing Date: 2025-12-01
Form Type: N-CSR
Source: 0001133228-25-012988
Chunk: 45

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-12-01
Form: N-CSR
Chunk 45
---
States

193,488

192,859

Quikrete

Holdings,

Inc.,

First

Lien,

CME

Term

Loan,

B2,

6.413%,

(1-month

SOFR

+

2.25%),

3/19/29

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

United

States

201,411

201,763

Smyrna

Ready

Mix

Concrete

LLC,

First

Lien,

2025

CME

Term

Loan,

7.166%,

(1-month

SOFR

+

3%),

3/30/29

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

United

States

30,275

30,350

424,972

a

a

a

a

a

a

g

#### Chemicals

#### 0.3%
Albaugh

LLC,

First

Lien,

Initial

CME

Term

Loan,

7.913%,

(1-month

SOFR

+

3.75%),

4/06/29

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

United

States

269,302

269,836

Nouryon

Finance

BV,

First

Lien,

Term

Loan,

B,

5.43%,

(1-month

### EURIBOR
+

3.5%),

4/03/28

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

Netherlands

200,000

EUR

235,759

505,595

a

a

a

a

a

a

Putnam

Master

Intermediate

Income

Trust

Schedule

of

Investments

franklintempleton.com

Annual

Report

The

accompanying

notes

are

an

integral

part

of

these

### financial
statements.

20

a

a

#### Country

#### Principal

#### Amount
***

a**

#### Value
a

#### a

#### a
a

#### a
f

#### Senior

#### Floating

#### Rate

#### Interests
(continued)

g

#### Commercial

#### Services
#### &

#### Supplies

#### 0.4%
d

Clean

Harbors,

Inc.,

First

Lien,

CME

Term

Loan,

5.259%,

(12-month

SOFR

+

1.5%),

9/24/32

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

United

States

269,620

$

270,968

Madison

IAQ

LLC,

First

Lien,

Initial

CME

Term

Loan,

6