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Private creditBorrowercommercial services & suppliesaunknown

ArborWorks, LLC

Private Credit

Search this name across graphsid dfx:pc:33e158f0-94f1-0aae-f741-ada1791e8360

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 21, 2026, 9:48 AM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 0
Observed: Dec 31, 2021 to Jun 30, 2026
38 observations

Right now

3 signals name this record (all private credit signals)

#1IntensifiedSignalPrivate creditCredit deterioration (intensified)

ArborWorks, LLC: lender marks fell to 51 cents across 5 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2023-09-30 quarter end, readable when the filing landed on 2023-11-13.

Exposure: $72.1M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

CAPITAL SOUTHWEST CORP · lender Main Street Capital CORP · lender MSC INCOME FUND, INC. · lender Stellus Capital Investment Corp · lender

Credit Attention / portfolio monitorSep 30, 2023 · seen 4 days ago

#2NewSignalPrivate creditCredit deterioration

ArborWorks, LLC: lender marks fell to 90 cents across 5 BDC lenders

State NEW at the 2022-09-30 quarter end, readable when the filing landed on 2022-11-04.

Exposure: $41.7M 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

CAPITAL SOUTHWEST CORP · lender Main Street Capital CORP · lender MSC INCOME FUND, INC. · lender Stellus Capital Investment Corp · lender

Credit Attention / portfolio monitorSep 30, 2022 · seen 4 days ago

#3NewSignalPrivate creditCredit deterioration

ArborWorks, LLC: lender marks fell to 78 cents across 5 BDC lenders

State NEW at the 2023-06-30 quarter end, readable when the filing landed on 2023-08-11.

Exposure: $72.5M 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

CAPITAL SOUTHWEST CORP · lender Main Street Capital CORP · lender MSC INCOME FUND, INC. · lender Stellus Capital Investment Corp · lender

Credit Attention / portfolio monitorJun 30, 2023 · seen 4 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: 8
Principal, latest: $43.0Mpieces as filed; a lower bound
Fair value, latest: $115M
Mark ratio: 100%fair value over cost, latest
Next maturity: Nov 6, 2028
First on a schedule: Dec 31, 2021
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	Spread	PIK	Lenders	BDCs	Status	Last seen
Term loan	unknown	$25.7M	$25.7M	Nov 6, 2028	Html schedule	0	0	3	3	Unknown	Jun 30, 2026
Term loan	First lien	$10.3M	$10.3M	Nov 6, 2028	Xbrl fact	0	0	2	2	Unknown	Jun 30, 2026
revolver	unknown	$3.9M	$4.0M	Nov 6, 2028	Html schedule	n/a	0	2	2	Unknown	Jun 30, 2026
revolver	First lien	$3.0M	$3.0M	Nov 6, 2028	Xbrl fact	0	0	1	1	Unknown	Jun 30, 2026
Common equity	equity	n/a	$13,000	n/a	n/a	n/a	n/a	5	5	Unknown	Jun 30, 2026
warrant	equity	n/a	$0	n/a	n/a	n/a	n/a	1	1	Unknown	Jun 30, 2026
preferred	equity	n/a	$71.7M	n/a	n/a	n/a	n/a	6	6	Unknown	Jun 30, 2026
other	unknown	n/a	n/a	n/a	n/a	n/a	n/a	2	2	Unknown	Jun 30, 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; 38 rows folded into 6

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
Main Street Capital CORP	6	$14.0M	$32.3M	$182,000	Nov 6, 2028	Jun 30, 2026
Kayne Anderson BDC, Inc.	5	$9.3M	$25.8M	$0	Nov 6, 2028	Jun 30, 2026
MSC INCOME FUND, INC.	6	$7.4M	$17.2M	$98,000	Nov 6, 2028	Jun 30, 2026
Stellus Capital Investment Corp	5	$6.3M	$16.1M	$0	Nov 6, 2028	Jun 30, 2026
CAPITAL SOUTHWEST CORP	13	$6.0M	$13.8M	$79,000	Nov 6, 2028	Jun 30, 2026
Investcorp Credit Management BDC, Inc.	3	$0	$9.5M	$0	n/a	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

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

Occurred
Jun 30, 2026
Marked down by a BDC
CAPITAL SOUTHWEST CORP: fair value markdown in ArborWorks, LLC (200 to 102 cents on cost)
BDC schedule of investmentsobserved 1 months ago
1.02080083203328 usd
Occurred
Jun 30, 2026
Marked down by a BDC
CAPITAL SOUTHWEST CORP: fair value markdown in ArborWorks, LLC (200 to 99 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.990084283589489 usd
Occurred
Mar 31, 2026
PIK interest added
ArborWorks, LLC revolver: PIK interest of 15.00% appears (was cash pay)
BDC schedule of investments
$2.9M
Occurred
Mar 31, 2026
PIK interest added
Kayne Anderson BDC, Inc.: pik added in ArborWorks, LLC (0.00% to 10.28%)
BDC schedule of investmentsobserved 4 months ago
0.1028 usd
Occurred
Mar 31, 2026
PIK interest added
Kayne Anderson BDC, Inc.: pik added in ArborWorks, LLC (0.00% to 15.00%)
BDC schedule of investmentsobserved 4 months ago
0.15 usd
Occurred
Jun 30, 2025
PIK interest added
ArborWorks, LLC term loan: PIK interest of 10.91% appears (was cash pay)
BDC schedule of investments
$3.6M
Occurred
Jun 30, 2025
Marked down by a BDC
CAPITAL SOUTHWEST CORP: fair value markdown in ArborWorks, LLC (200 to 100 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
1 usd
Occurred
Jun 30, 2025
Marked down by a BDC
CAPITAL SOUTHWEST CORP: fair value markdown in ArborWorks, LLC (198 to 100 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
1 usd
Occurred
Jun 30, 2025
PIK interest added
CAPITAL SOUTHWEST CORP: pik added in ArborWorks, LLC (0.00% to 10.91%)
BDC schedule of investmentsobserved 1.1 years ago
0.1091 usd
Occurred
Mar 31, 2025
Mark recovered
Stellus Capital Investment Corp: fair value recovery in ArborWorks, LLC (95 to 100 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
1 usd
Occurred
Mar 31, 2025
Mark recovered
Stellus Capital Investment Corp: fair value recovery in ArborWorks, LLC (95 to 100 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
1 usd
Occurred
Mar 31, 2025
PIK interest added
Stellus Capital Investment Corp: pik added in ArborWorks, LLC (0.00% to 15.00%)
BDC schedule of investmentsobserved 1.4 years ago
0.15 usd
Occurred
Mar 31, 2025
PIK interest added
Stellus Capital Investment Corp: pik added in ArborWorks, LLC (0.00% to 10.92%)
BDC schedule of investmentsobserved 1.4 years ago
0.1092 usd

Show 27 bookkeeping events

Occurred
Mar 31, 2026
Kayne Anderson BDC, Inc.: principal decreased in ArborWorks, LLC ($2.9M principal)
Occurred
Mar 31, 2026
Stellus Capital Investment Corp: principal decreased in ArborWorks, LLC ($4.2M principal)
Occurred
Mar 31, 2026
Stellus Capital Investment Corp: principal decreased in ArborWorks, LLC ($1.9M principal)
Occurred
Mar 31, 2026
Kayne Anderson BDC, Inc.: principal decreased in ArborWorks, LLC ($6.1M principal)
Occurred
Dec 31, 2025
Kayne Anderson BDC, Inc.: principal increased in ArborWorks, LLC ($4.3M principal)
Occurred
Dec 31, 2025
Stellus Capital Investment Corp: principal increased in ArborWorks, LLC ($3.6M principal)
Occurred
Dec 31, 2025
Kayne Anderson BDC, Inc.: new position in ArborWorks, LLC
Occurred
Dec 31, 2025
MSC INCOME FUND, INC.: principal increased in ArborWorks, LLC ($7.0M principal)
Occurred
Dec 31, 2025
Kayne Anderson BDC, Inc.: principal increased in ArborWorks, LLC ($9.4M principal)
Occurred
Dec 31, 2025
Main Street Capital CORP: principal increased in ArborWorks, LLC ($13.2M principal)
Occurred
Dec 31, 2025
CAPITAL SOUTHWEST CORP: principal increased in ArborWorks, LLC ($1.8M principal)
Occurred
Dec 31, 2025
Kayne Anderson BDC, Inc.: new position in ArborWorks, LLC
Occurred
Dec 31, 2025
Stellus Capital Investment Corp: principal increased in ArborWorks, LLC ($8.1M principal)
Occurred
Sep 30, 2025
MSC INCOME FUND, INC.: principal increased in ArborWorks, LLC ($6.2M principal)
Occurred
Sep 30, 2025
Main Street Capital CORP: principal increased in ArborWorks, LLC ($11.6M principal)
Occurred
Sep 30, 2025
CAPITAL SOUTHWEST CORP: principal increased in ArborWorks, LLC ($1.2M principal)
Occurred
Sep 30, 2025
Kayne Anderson BDC, Inc.: new position in ArborWorks, LLC ($1.4M principal)
Occurred
Sep 30, 2025
Kayne Anderson BDC, Inc.: new position in ArborWorks, LLC ($4.7M principal)
Occurred
Sep 30, 2025
Stellus Capital Investment Corp: principal increased in ArborWorks, LLC ($1.2M principal)
Occurred
Jun 30, 2025
CAPITAL SOUTHWEST CORP: principal decreased in ArborWorks, LLC ($3.6M principal)
Occurred
Jun 30, 2025
Kayne Anderson BDC, Inc.: position exited in ArborWorks, LLC ($.9M principal)
Occurred
Jun 30, 2025
CAPITAL SOUTHWEST CORP: principal decreased in ArborWorks, LLC ($.9M principal)
Occurred
Jun 30, 2025
Kayne Anderson BDC, Inc.: position exited in ArborWorks, LLC ($4.7M principal)
Occurred
Mar 31, 2025
CAPITAL SOUTHWEST CORP: principal increased in ArborWorks, LLC ($1.8M principal)
Occurred
Mar 31, 2025
MSC INCOME FUND, INC.: principal decreased in ArborWorks, LLC ($5.5M principal)
Occurred
Mar 31, 2025
Main Street Capital CORP: principal decreased in ArborWorks, LLC ($10.3M principal)
Occurred
Mar 31, 2025
CAPITAL SOUTHWEST CORP: principal increased in ArborWorks, LLC ($7.0M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:33e158f0-94f1-0aae-f741-ada1791e8360
First observed: Dec 31, 2021
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.

ArborWorks, LLC

Private Credit

Search this name across graphsid dfx:pc:33e158f0-94f1-0aae-f741-ada1791e8360

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

unknown

$25.7M

Nov 6, 2028

Html schedule

Unknown

Jun 30, 2026

Term loan

First lien

$10.3M

Nov 6, 2028

Xbrl fact

Unknown

Jun 30, 2026

revolver

unknown

$3.9M

$4.0M

Nov 6, 2028

Html schedule

n/a

Unknown

Jun 30, 2026

revolver

First lien

$3.0M

Nov 6, 2028

Xbrl fact

Unknown

Jun 30, 2026

Common equity

equity

n/a

$13,000

n/a

Unknown

Jun 30, 2026

warrant

equity

n/a

Unknown

Jun 30, 2026

preferred

equity

n/a

$71.7M

n/a

Unknown

Jun 30, 2026

other

unknown

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

Main Street Capital CORP

$14.0M

$32.3M

$182,000

Nov 6, 2028

Jun 30, 2026

Kayne Anderson BDC, Inc.

$9.3M

$25.8M

Nov 6, 2028

Jun 30, 2026

MSC INCOME FUND, INC.

$7.4M

$17.2M

$98,000

Nov 6, 2028

Jun 30, 2026

Stellus Capital Investment Corp

$6.3M

$16.1M

Nov 6, 2028

Jun 30, 2026

CAPITAL SOUTHWEST CORP

$6.0M

$13.8M

$79,000

Nov 6, 2028

Jun 30, 2026

Investcorp Credit Management BDC, Inc.

$9.5M

n/a

Jun 30, 2026