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Baxter Planning Systems, LLC

Private Credit

Search this name across graphsid dfx:pc:0ef121ea-4804-e963-0bd6-206a27bd56af

Data as of Jun 30, 2026 (this record's last observation) from The BDC tape; Adviser-reported credit funds; Deal parties; Pending. Page built Sep 19, 2026, 8:57 PM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 25
On other graphs: 0
Observed: Jun 30, 2024 to Jun 30, 2026
12 observations

Right now

one signal names this record (all private credit signals)

#1NewSignalPrivate creditCredit deterioration

Baxter Planning Systems, LLC: lender marks fell to 95 cents across 6 BDC lenders

State NEW at the 2026-03-31 quarter end, readable when the filing landed on 2026-05-12.

Exposure: $28.8M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.38x non accrual, 139d median

26North BDC, Inc. · lender GOLUB CAPITAL BDC, Inc. · lender Golub Capital BDC 4, Inc. · lender Golub Capital Private Credit Fund · lender

Credit Attention / portfolio monitorMar 31, 2026 · seen 2 days ago

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Lenders: 6
BDCs: 6
Facilities: 3
Principal, latest: $22.8Mpieces as filed; a lower bound
Fair value, latest: $29.1M
Mark ratio: 93%fair value over cost, latest
Next maturity: May 1, 2031
First on a schedule: Jun 30, 2024
Last on a schedule: Jun 30, 2026

Facilities

one facility is one borrower, one kind and one lien; its size is the sum of the BDC pieces the tape can see, a lower bound, never the commitment

Kind	Lien	Size, lower bound	Fair value	Maturity	Maturity basis	PIK	Lenders	BDCs	Status	Last seen
Term loan	First lien	$22.8M	$29.2M	May 20, 2031	Html schedule	0	6	6	Unknown	Jun 30, 2026
revolver	First lien	n/a	$-177,000	May 20, 2031	Xbrl fact	n/a	1	1	Unknown	Jun 30, 2026
Delayed draw	First lien	n/a	$-180,000	May 20, 2031	Xbrl fact	n/a	1	1	Unknown	Mar 31, 2026

Lenders holding it now

each BDC's own pieces on its latest schedule, folded to one row per lender; every amount is that BDC's piece as filed, so a sum is a lower bound; 12 rows folded into 6

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
Golub Capital Private Credit Fund	2	$12.3M	$11.7M	$0	May 1, 2031	Jun 30, 2026
GOLUB CAPITAL BDC, Inc.	2	$4.3M	$4.1M	$0	n/a	Jun 30, 2026
Golub Capital BDC 4, Inc.	2	$3.9M	$3.7M	$0	May 1, 2031	Jun 30, 2026
GOLUB CAPITAL DIRECT LENDING CORP	2	$1.3M	$1.2M	$0	May 1, 2031	Jun 30, 2026
Golub Capital Direct Lending Unlevered Corp	2	$957,000	$906,000	$0	n/a	Jun 30, 2026
26North BDC, Inc.	2	$0	$7.5M	$0	May 20, 2031	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

19 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Mar 31, 2026
Borrower left every BDC schedule
Baxter Planning Systems, LLC delayed draw (first lien) left every BDC schedule after 2026-03-31 (1 lender, $.0M last held)
BDC schedule of investments
Occurred
Mar 31, 2026
Marked down across lenders
Baxter Planning Systems, LLC term loan: marked from 101 to 95 cents on cost across 6 lender(s)
BDC schedule of investments
$22.6M
Occurred
Mar 31, 2026
Marked down by a BDC
26North BDC, Inc.: fair value markdown in Baxter Planning Systems, LLC (100 to 89 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.89007508212107 usd
Occurred
Dec 31, 2024
Spread decreased
26North BDC, Inc.: spread decreased in Baxter Planning Systems, LLC (6.25% to 5.75%)
BDC schedule of investmentsobserved 6 months ago
0.0575 usd
Occurred
Dec 31, 2024
Spread decreased
26North BDC, Inc.: spread decreased in Baxter Planning Systems, LLC (6.25% to 5.75%)
BDC schedule of investmentsobserved 6 months ago
0.0575 usd
Occurred
Jun 30, 2024
Borrower first appears on a BDC schedule
Baxter Planning Systems, LLC first appears in a BDC schedule (6 lenders)
Golub Capital Private Credit FundBDC schedule of investmentsobserved 2.1 years ago
$21.3M

Show 19 bookkeeping events

Occurred
Jun 30, 2026
26North BDC, Inc.: position exited in Baxter Planning Systems, LLC
Occurred
Dec 31, 2025
Golub Capital Private Credit Fund: principal decreased in Baxter Planning Systems, LLC ($12.1M principal)
Occurred
Dec 31, 2025
Golub Capital BDC 4, Inc.: principal decreased in Baxter Planning Systems, LLC ($3.8M principal)
Occurred
Dec 31, 2025
Golub Capital Direct Lending Unlevered Corp: principal decreased in Baxter Planning Systems, LLC ($.9M principal)
Occurred
Dec 31, 2025
GOLUB CAPITAL DIRECT LENDING CORP: principal decreased in Baxter Planning Systems, LLC ($1.3M principal)
Occurred
Dec 31, 2025
GOLUB CAPITAL BDC, Inc.: principal decreased in Baxter Planning Systems, LLC ($4.2M principal)
Occurred
Sep 30, 2025
Golub Capital Direct Lending Unlevered Corp: principal increased in Baxter Planning Systems, LLC ($1.9M principal)
Occurred
Sep 30, 2025
Golub Capital BDC 4, Inc.: principal increased in Baxter Planning Systems, LLC ($7.6M principal)
Occurred
Sep 30, 2025
GOLUB CAPITAL BDC, Inc.: principal increased in Baxter Planning Systems, LLC ($8.4M principal)
Occurred
Sep 30, 2025
GOLUB CAPITAL DIRECT LENDING CORP: principal increased in Baxter Planning Systems, LLC ($2.6M principal)
Occurred
Sep 30, 2025
Golub Capital Private Credit Fund: principal increased in Baxter Planning Systems, LLC ($24.1M principal)
Occurred
Jun 30, 2024
26North BDC, Inc.: new position in Baxter Planning Systems, LLC
Occurred
Jun 30, 2024
26North BDC, Inc.: new position in Baxter Planning Systems, LLC
Occurred
Jun 30, 2024
Golub Capital Direct Lending Unlevered Corp: new position in Baxter Planning Systems, LLC ($.9M principal)
Occurred
Jun 30, 2024
GOLUB CAPITAL DIRECT LENDING CORP: new position in Baxter Planning Systems, LLC ($1.2M principal)
Occurred
Jun 30, 2024
GOLUB CAPITAL BDC, Inc.: new position in Baxter Planning Systems, LLC ($4.0M principal)
Occurred
Jun 30, 2024
Golub Capital BDC 4, Inc.: new position in Baxter Planning Systems, LLC ($3.6M principal)
Occurred
Jun 30, 2024
26North BDC, Inc.: new position in Baxter Planning Systems, LLC
Occurred
Jun 30, 2024
Golub Capital Private Credit Fund: new position in Baxter Planning Systems, LLC ($11.6M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:0ef121ea-4804-e963-0bd6-206a27bd56af
First observed: Jun 30, 2024
Last observed: Jun 30, 2026 2 months ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

Baxter Planning Systems, LLC

Private Credit

Search this name across graphsid dfx:pc:0ef121ea-4804-e963-0bd6-206a27bd56af

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$22.8M

$29.2M

May 20, 2031

Html schedule

Unknown

Jun 30, 2026

revolver

First lien

n/a

$-177,000

May 20, 2031

Xbrl fact

n/a

Unknown

Jun 30, 2026

Delayed draw

First lien

n/a

$-180,000

May 20, 2031

Xbrl fact

n/a

Unknown

Mar 31, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

Golub Capital Private Credit Fund

$12.3M

$11.7M

May 1, 2031

Jun 30, 2026

GOLUB CAPITAL BDC, Inc.

$4.3M

$4.1M

n/a

Jun 30, 2026

Golub Capital BDC 4, Inc.

$3.9M

$3.7M

May 1, 2031

Jun 30, 2026

GOLUB CAPITAL DIRECT LENDING CORP

$1.3M

$1.2M

May 1, 2031

Jun 30, 2026

Golub Capital Direct Lending Unlevered Corp

$957,000

$906,000

n/a

Jun 30, 2026

26North BDC, Inc.

$7.5M

May 20, 2031

Jun 30, 2026