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Private creditBorrowerhealthcare providers and servicesaunknown

Medical Solutions Holdings, Inc

sponsor (inference, pe portfolio stem): HG Capital Management, LLC

Search this name across graphsid dfx:pc:34426df4-9234-a841-9ce1-5d0743594308

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 20, 2026, 2:47 PM UTC and rebuilt at most every 15 minutes.

Relationships: 5
Dated events: 40
On other graphs: 1
Observed: Dec 31, 2021 to Jun 30, 2026
11 observations

Right now

6 signals name this record (all private credit signals)

#1IntensifiedSignalPrivate creditCredit deterioration (intensified)

Medical Solutions Holdings, Inc: lender marks fell to 34 cents across 5 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2026-03-31 quarter end, readable when the filing landed on 2026-05-13.

Exposure: $77.3M 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

Barings Private Credit Corp · lender Barings BDC, Inc. · lender PROSPECT CAPITAL CORP · lender North Haven Private Income Fund LLC · lender

Credit Attention / portfolio monitorMar 31, 2026 · seen 3 days ago

#2IntensifiedSignalPrivate creditCredit deterioration (intensified)

Medical Solutions Holdings, Inc: lender marks fell to 74 cents across 5 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2024-09-30 quarter end, readable when the filing landed on 2024-11-08.

Exposure: $70.8M 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

Barings Private Credit Corp · lender Barings BDC, Inc. · lender PROSPECT CAPITAL CORP · lender North Haven Private Income Fund LLC · lender

Credit Attention / portfolio monitorSep 30, 2024 · seen 3 days ago

#3IntensifiedSignalPrivate creditCredit deterioration (intensified)

Medical Solutions Holdings, Inc: lender marks fell to 52 cents across 5 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2025-06-30 quarter end, readable when the filing landed on 2025-11-06.

Exposure: $70.8M 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

Barings Private Credit Corp · lender Barings BDC, Inc. · lender PROSPECT CAPITAL CORP · lender North Haven Private Income Fund LLC · lender

Credit Attention / portfolio monitorJun 30, 2025 · seen 3 days ago

#4NewSignalPrivate creditCredit deterioration

Medical Solutions Holdings, Inc: lender marks fell to 81 cents across 5 BDC lenders

State NEW at the 2024-06-30 quarter end, readable when the filing landed on 2025-08-26.

Exposure: $63.2M 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

Barings Private Credit Corp · lender Barings BDC, Inc. · lender PROSPECT CAPITAL CORP · lender North Haven Private Income Fund LLC · lender

Credit Attention / portfolio monitorJun 30, 2024 · seen 3 days ago

#5NewSignalPrivate creditCredit deterioration

Medical Solutions Holdings, Inc: lender marks fell to 64 cents across 5 BDC lenders

State NEW at the 2025-03-31 quarter end, readable when the filing landed on 2025-05-08.

Exposure: $70.8M 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

Barings Private Credit Corp · lender Barings BDC, Inc. · lender PROSPECT CAPITAL CORP · lender North Haven Private Income Fund LLC · lender

Credit Attention / portfolio monitorMar 31, 2025 · seen 3 days ago

#6NewSignalPrivate creditCredit deterioration

Medical Solutions Holdings, Inc: lender marks fell to 44 cents across 5 BDC lenders

State NEW at the 2025-12-31 quarter end, readable when the filing landed on 2026-08-10.

Exposure: $77.3M 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

Barings Private Credit Corp · lender Barings BDC, Inc. · lender PROSPECT CAPITAL CORP · lender North Haven Private Income Fund LLC · lender

Credit Attention / portfolio monitorDec 31, 2025 · seen 3 days ago

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

Medical Solutions

name equal in sponsor portfolio · confidence 95% · family precision 100%

Facts

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

Lenders: 7
BDCs: 5
Facilities: 5
Principal, latest: $76.7Mpieces as filed; a lower bound
Fair value, latest: $53.8M
Mark ratio: 47%fair value over cost, latest
Next maturity: Dec 1, 2028
First on a schedule: Dec 31, 2021
Last on a schedule: Jun 30, 2026
Sponsor basis: pe_portfolio_steminferencedeal party is a fact; a portfolio stem or a Form D signer is an inference

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	Second lien	$54.5M	$21.4M	Nov 1, 2029	Html schedule	0	n/a	1	3	Unknown	Jun 30, 2026
Term loan	First lien	$16.4M	$10.1M	Nov 1, 2030	Xbrl fact	0	n/a	2	4	Unknown	Jun 30, 2026
Term loan	unknown	$5.8M	$898,000	n/a	n/a	0	n/a	2	2	Unknown	Jun 30, 2026
other	unknown	n/a	$21.4M	n/a	n/a	n/a	n/a	1	2	Unknown	Jun 30, 2026
revolver	First lien	$10.0M	$9.4M	Nov 1, 2028	Xbrl fact	0	n/a	1	1	Unknown	Jun 30, 2023

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; 11 rows folded into 5

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
PROSPECT CAPITAL CORP	2	$54.5M	$42.8M	$0	Nov 1, 2029	Jun 30, 2026
Palmer Square Capital BDC Inc.	3	$11.4M	$6.6M	$0	Nov 1, 2030	Jun 30, 2026
North Haven Private Income Fund LLC	2	$5.0M	$3.5M	$0	Dec 1, 2028	Jun 30, 2026
Barings BDC, Inc.	2	$2.9M	$449,000	$0	n/a	Jun 30, 2026
Barings Private Credit Corp	2	$2.9M	$449,000	$0	n/a	Jun 30, 2026

Relationships

Sponsors (5)

← TenexSponsor of borrowersPE portfolio stem
Aug 31, 2015 to presentinferenceDFX's own graph
← HG Capital Management, LLCSponsor of borrowersPE portfolio stem
Sep 17, 2026 to presentinferenceDFX's own graph
← Mccarthy CapitalSponsor of borrowersPE portfolio stem
Sep 15, 2026 to presentinferenceDFX's own graph
← Tenex Capital Management, L.P.Sponsor of borrowersPE portfolio stem
Aug 31, 2015 to presentinferenceDFX's own graph
← Centerbridge Partners, L.P.Sponsor of borrowersPE portfolio stem
Aug 30, 2021 to presentinferenceDFX's own graph

Dated events

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

Occurred
Jun 30, 2026
Maturity extended
Medical Solutions Holdings, Inc term loan: maturity moved from 2028-11-01 to 2030-11-01
BDC schedule of investments
$16.4M
Occurred
Jun 30, 2026
Coupon changed
Medical Solutions Holdings, Inc term loan: spread moved from 3.50% to 5.25%
BDC schedule of investments
$16.4M
Occurred
Jun 30, 2026
Spread increased
North Haven Private Income Fund LLC: spread increased in Medical Solutions Holdings, Inc (3.50% to 5.25%)
BDC schedule of investmentsobserved 1 months ago
0.0525 usd
Occurred
Jun 30, 2026
Mark recovered
PROSPECT CAPITAL CORP: fair value recovery in Medical Solutions Holdings, Inc (28 to 39 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.393101168172801 usd
Occurred
Jun 30, 2026
Marked down by a BDC
Palmer Square Capital BDC Inc.: fair value markdown in Medical Solutions Holdings, Inc (80 to 58 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.578280850225298 usd
Occurred
Jun 30, 2026
Maturity extended
Palmer Square Capital BDC Inc.: maturity extended in Medical Solutions Holdings, Inc (2028-11-01 to 2030-11-01)
BDC schedule of investmentsobserved 1 months ago
Occurred
Jun 30, 2026
Spread increased
Palmer Square Capital BDC Inc.: spread increased in Medical Solutions Holdings, Inc (3.50% to 5.25%)
BDC schedule of investmentsobserved 1 months ago
0.0525 usd
Occurred
Jun 30, 2026
Mark recovered
North Haven Private Income Fund LLC: fair value recovery in Medical Solutions Holdings, Inc (70 to 131 cents on cost)
BDC schedule of investmentsobserved 1 months ago
1.30663189269747 usd
Occurred
Mar 31, 2026
Marked down across lenders
Medical Solutions Holdings, Inc term loan: marked from 37 to 25 cents on cost across 3 lender(s)
BDC schedule of investments
$63.3M
Occurred
Mar 31, 2026
Marked down by a BDC
Barings BDC, Inc.: fair value markdown in Medical Solutions Holdings, Inc (20 to 8 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.0804545454545455 usd
Occurred
Mar 31, 2026
Marked down by a BDC
Barings Private Credit Corp: fair value markdown in Medical Solutions Holdings, Inc (20 to 8 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.0808219178082192 usd
Occurred
Mar 31, 2026
Marked down by a BDC
PROSPECT CAPITAL CORP: fair value markdown in Medical Solutions Holdings, Inc (53 to 28 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.280421725474349 usd
Occurred
Mar 31, 2026
BDC left a facility
Barings Private Credit Corp no longer holds Medical Solutions Holdings, Inc term loan after 2026-03-31; 1 BDC(s) still hold it
BDC schedule of investments
$4.4M
Occurred
Mar 31, 2026
BDC left a facility
Barings BDC, Inc. no longer holds Medical Solutions Holdings, Inc term loan after 2026-03-31; 1 BDC(s) still hold it
BDC schedule of investments
$4.4M
Occurred
Dec 31, 2025
Marked down across lenders
Medical Solutions Holdings, Inc term loan: marked from 46 to 37 cents on cost across 3 lender(s)
BDC schedule of investments
$63.3M
Occurred
Dec 31, 2025
Marked down by a BDC
PROSPECT CAPITAL CORP: fair value markdown in Medical Solutions Holdings, Inc (50 to 40 cents on cost)
BDC schedule of investmentsobserved 7 months ago
0.400150619007384 usd
Occurred
Sep 30, 2025
Marked down across lenders
Medical Solutions Holdings, Inc term loan: marked from 52 to 46 cents on cost across 3 lender(s)
BDC schedule of investments
$63.3M
Occurred
Sep 30, 2025
Mark recovered
North Haven Private Income Fund LLC: fair value recovery in Medical Solutions Holdings, Inc (52 to 75 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.745386064030132 usd
Occurred
Sep 30, 2025
Marked down by a BDC
Barings Private Credit Corp: fair value markdown in Medical Solutions Holdings, Inc (42 to 20 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.204025617566331 usd
Occurred
Sep 30, 2025
Mark recovered
Palmer Square Capital BDC Inc.: fair value recovery in Medical Solutions Holdings, Inc (55 to 82 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.820522189100836 usd
Occurred
Sep 30, 2025
Marked down by a BDC
Barings BDC, Inc.: fair value markdown in Medical Solutions Holdings, Inc (42 to 20 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.202865590175119 usd
Occurred
Jun 30, 2025
Marked down across lenders
Medical Solutions Holdings, Inc term loan: marked from 67 to 56 cents on cost across 2 lender(s)
BDC schedule of investments
$9.3M
Occurred
Jun 30, 2025
Marked down across lenders
Medical Solutions Holdings, Inc term loan: marked from 64 to 52 cents on cost across 3 lender(s)
BDC schedule of investments
$118M
Occurred
Jun 30, 2025
Marked down by a BDC
PROSPECT CAPITAL CORP: fair value markdown in Medical Solutions Holdings, Inc (66 to 53 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.525615826888811 usd
Occurred
Jun 30, 2025
Marked down by a BDC
North Haven Private Income Fund LLC: fair value markdown in Medical Solutions Holdings, Inc (64 to 52 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.518692466654142 usd
Occurred
Jun 30, 2025
Marked down by a BDC
Barings BDC, Inc.: fair value markdown in Medical Solutions Holdings, Inc (50 to 42 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.424021838034577 usd

Show 14 bookkeeping events

Occurred
Jun 30, 2026
Medical Solutions Holdings, Inc term loan: marked from 25 to 39 cents on cost
Occurred
Jun 30, 2026
Barings BDC, Inc.: position exited in Medical Solutions Holdings, Inc ($4.4M principal)
Occurred
Jun 30, 2026
Barings Private Credit Corp: position exited in Medical Solutions Holdings, Inc ($4.4M principal)
Occurred
Jun 30, 2026
North Haven Private Income Fund LLC: principal decreased in Medical Solutions Holdings, Inc ($5.0M principal)
Occurred
Jun 30, 2026
Barings Private Credit Corp: new position in Medical Solutions Holdings, Inc ($2.9M principal)
Occurred
Jun 30, 2026
Palmer Square Capital BDC Inc.: principal increased in Medical Solutions Holdings, Inc ($11.4M principal)
Occurred
Jun 30, 2026
Barings BDC, Inc.: new position in Medical Solutions Holdings, Inc ($2.9M principal)
Occurred
Mar 31, 2026
Palmer Square Capital BDC Inc.: principal decreased in Medical Solutions Holdings, Inc ($9.7M principal)
Occurred
Dec 31, 2025
Palmer Square Capital BDC Inc.: principal increased in Medical Solutions Holdings, Inc ($19.5M principal)
Occurred
Sep 30, 2025
Medical Solutions Holdings, Inc term loan: marked from 55 to 79 cents on cost
Occurred
Sep 30, 2025
Crescent Private Credit Income Corp: position exited in Medical Solutions Holdings, Inc ($1.5M principal)
Occurred
Sep 30, 2025
Palmer Square Capital BDC Inc.: principal increased in Medical Solutions Holdings, Inc ($9.8M principal)
Occurred
Sep 30, 2025
PROSPECT CAPITAL CORP: principal decreased in Medical Solutions Holdings, Inc ($54.5M principal)
Occurred
Jun 30, 2025
PROSPECT CAPITAL CORP: principal increased in Medical Solutions Holdings, Inc ($108.9M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:34426df4-9234-a841-9ce1-5d0743594308
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.

Medical Solutions Holdings, Inc

sponsor (inference, pe portfolio stem): HG Capital Management, LLC

Search this name across graphsid dfx:pc:34426df4-9234-a841-9ce1-5d0743594308

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

Second lien

$54.5M

$21.4M

Nov 1, 2029

Html schedule

n/a

Unknown

Jun 30, 2026

Term loan

First lien

$16.4M

$10.1M

Nov 1, 2030

Xbrl fact

n/a

Unknown

Jun 30, 2026

Term loan

unknown

$5.8M

$898,000

n/a

Unknown

Jun 30, 2026

other

unknown

n/a

$21.4M

n/a

Unknown

Jun 30, 2026

revolver

First lien

$10.0M

$9.4M

Nov 1, 2028

Xbrl fact

n/a

Unknown

Jun 30, 2023

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

PROSPECT CAPITAL CORP

$54.5M

$42.8M

Nov 1, 2029

Jun 30, 2026

Palmer Square Capital BDC Inc.

$11.4M

$6.6M

Nov 1, 2030

Jun 30, 2026

North Haven Private Income Fund LLC

$5.0M

$3.5M

Dec 1, 2028

Jun 30, 2026

Barings BDC, Inc.

$2.9M

$449,000

n/a

Jun 30, 2026

Barings Private Credit Corp

$2.9M

$449,000

n/a

Jun 30, 2026