DFX Intelligence

Data Factory

Private creditBorrowertechnologyaunknown

CommerceHub, Inc

Private Credit

Search this name across graphsid dfx:pc:47f45989-62fb-9f7b-d55a-314b3862ff55

Data as of Jun 30, 2025 (this record's last observation) from The BDC tape; Adviser-reported credit funds; Deal parties; Pending. Page built Sep 20, 2026, 8:28 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, 2025
9 observations

Right now

one signal names this record (all private credit signals)

#1NewSignalPrivate creditCredit deterioration

CommerceHub, Inc: lender marks fell to 97 cents across 8 BDC lenders

State NEW at the 2023-06-30 quarter end, readable when the filing landed on 2023-08-10.

Exposure: $149M 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

Kennedy Lewis Capital Co · lender New Mountain Finance Corp · lender New Mountain Guardian IV BDC, L.L.C. · lender New Mountain Guardian IV Income Fund, L.L.C. · lender

Credit Attention / portfolio monitorJun 30, 2023 · seen 3 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: 11
BDCs: 8
Facilities: 4
Principal, latest: $50.7Mpieces as filed; a lower bound
Fair value, latest: $197M
Mark ratio: 104%fair value over cost, latest
Next maturity: Dec 1, 2027
First on a schedule: Dec 31, 2021
Last on a schedule: Jun 30, 2025

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	$34.4M	$181M	Dec 1, 2027	Html schedule	n/a	6	7	Unknown	Jun 30, 2025
other	unknown	$14.3M	$13.9M	Dec 29, 2028	Html schedule	n/a	1	3	Unknown	Jun 30, 2025
Term loan	unknown	$2.2M	$2.1M	Dec 29, 2027	Xbrl fact	n/a	1	1	Unknown	Dec 31, 2022
Term loan	Second lien	$2.0M	$2.0M	Dec 29, 2027	Xbrl fact	n/a	1	1	Unknown	Jun 30, 2025

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; 3 rows folded into 2

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
Franklin BSP Lending Corp	2	$21.8M	$19.6M	$0	Dec 29, 2027	Sep 30, 2023
BlackRock Capital Investment Corp	1	$2.2M	$2.1M	$0	Dec 29, 2027	Dec 31, 2023

Relationships

No published relationship touches this entity yet.

Dated events

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

Occurred
Jun 30, 2025
Borrower left every BDC schedule
CommerceHub, Inc term loan (second lien) left every BDC schedule after 2025-06-30 (1 lender, $2.0M last held)
BDC schedule of investments
$2.0M
Occurred
Jun 30, 2025
Borrower left every BDC schedule
CommerceHub, Inc term loan (first lien) left every BDC schedule after 2025-06-30 (7 lenders, $34.4M last held)
BDC schedule of investments
$34.4M
Occurred
Jun 30, 2025
Borrower left every BDC schedule
CommerceHub, Inc other (unknown) left every BDC schedule after 2025-06-30 (3 lenders, $14.3M last held)
BDC schedule of investments
$14.3M
Occurred
Jun 30, 2025
BDC left a facility
Franklin BSP Capital Corp no longer holds CommerceHub, Inc other after 2025-06-30; 1 BDC(s) still hold it
BDC schedule of investments
$14.3M
Occurred
Mar 31, 2025
BDC joined a facility
New Mountain Private Credit Fund joins CommerceHub, Inc term loan (first lien) held by 5 other BDCs
BDC schedule of investments
$9.9M
Occurred
Jun 30, 2024
Marked down by a BDC
Sixth Street Lending Partners: fair value markdown in CommerceHub, Inc (105 to 100 cents on cost)
BDC schedule of investmentsobserved 2.1 years ago
0.997086380255942 usd
Occurred
Mar 31, 2024
Spread increased
Franklin BSP Capital Corp: spread increased in CommerceHub, Inc (4.00% to 7.00%)
BDC schedule of investmentsobserved 2.4 years ago
0.07 usd
Occurred
Mar 31, 2024
BDC left a facility
HPS Corporate Lending Fund no longer holds CommerceHub, Inc other after 2024-03-31; 1 BDC(s) still hold it
BDC schedule of investments
$51.1M
Occurred
Mar 31, 2024
Maturity extended
Franklin BSP Capital Corp: maturity extended in CommerceHub, Inc (2027-12-29 to 2028-12-29)
BDC schedule of investmentsobserved 2.4 years ago
Occurred
Dec 31, 2023
BDC joined a facility
Franklin BSP Capital Corp joins CommerceHub, Inc other (unknown) held by 2 other BDCs
BDC schedule of investments
$14.3M

Show 30 bookkeeping events

Occurred
Sep 30, 2025
Kennedy Lewis Capital Co: position exited in CommerceHub, Inc ($2.0M principal)
Occurred
Sep 30, 2025
Sixth Street Lending Partners: position exited in CommerceHub, Inc
Occurred
Sep 30, 2025
Franklin BSP Capital Corp: position exited in CommerceHub, Inc ($14.3M principal)
Occurred
Sep 30, 2025
New Mountain Guardian IV BDC, L.L.C.: position exited in CommerceHub, Inc ($12.6M principal)
Occurred
Sep 30, 2025
New Mountain Private Credit Fund: position exited in CommerceHub, Inc ($9.9M principal)
Occurred
Sep 30, 2025
New Mountain Guardian IV Income Fund, L.L.C.: position exited in CommerceHub, Inc ($2.0M principal)
Occurred
Sep 30, 2025
New Mountain Finance Corp: position exited in CommerceHub, Inc ($3.9M principal)
Occurred
Sep 30, 2025
NMF SLF I, Inc.: position exited in CommerceHub, Inc ($6.0M principal)
Occurred
Mar 31, 2025
Franklin BSP Capital Corp: principal decreased in CommerceHub, Inc ($14.3M principal)
Occurred
Mar 31, 2025
New Mountain Guardian IV BDC, L.L.C.: principal decreased in CommerceHub, Inc ($12.7M principal)
Occurred
Mar 31, 2025
Kennedy Lewis Capital Co: new position in CommerceHub, Inc ($2.0M principal)
Occurred
Mar 31, 2025
New Mountain Private Credit Fund: new position in CommerceHub, Inc ($10.0M principal)
Occurred
Mar 31, 2025
New Mountain Finance Corp: principal decreased in CommerceHub, Inc ($3.9M principal)
Occurred
Mar 31, 2025
New Mountain Guardian IV Income Fund, L.L.C.: principal decreased in CommerceHub, Inc ($2.0M principal)
Occurred
Mar 31, 2025
NMF SLF I, Inc.: principal decreased in CommerceHub, Inc ($6.0M principal)
Occurred
Dec 31, 2024
New Mountain Guardian IV BDC, L.L.C.: principal increased in CommerceHub, Inc ($25.4M principal)
Occurred
Dec 31, 2024
New Mountain Guardian IV Income Fund, L.L.C.: principal increased in CommerceHub, Inc ($3.9M principal)
Occurred
Dec 31, 2024
Franklin BSP Capital Corp: principal increased in CommerceHub, Inc ($43.0M principal)
Occurred
Dec 31, 2024
New Mountain Finance Corp: principal increased in CommerceHub, Inc ($7.8M principal)
Occurred
Dec 31, 2024
NMF SLF I, Inc.: principal increased in CommerceHub, Inc ($12.0M principal)
Occurred
Jun 30, 2024
HPS Corporate Lending Fund: position exited in CommerceHub, Inc ($51.1M principal)
Occurred
Mar 31, 2024
HPS Corporate Lending Fund: principal decreased in CommerceHub, Inc ($51.1M principal)
Occurred
Mar 31, 2024
New Mountain Finance Corp: principal decreased in CommerceHub, Inc ($4.0M principal)
Occurred
Mar 31, 2024
Franklin BSP Capital Corp: principal increased in CommerceHub, Inc ($14.6M principal)
Occurred
Mar 31, 2024
New Mountain Guardian IV BDC, L.L.C.: principal decreased in CommerceHub, Inc ($12.8M principal)
Occurred
Dec 31, 2023
Franklin BSP Capital Corp: new position in CommerceHub, Inc ($8.8M principal)
Occurred
Dec 31, 2023
New Mountain Guardian IV BDC, L.L.C.: principal increased in CommerceHub, Inc ($19.7M principal)
Occurred
Dec 31, 2023
New Mountain Finance Corp: principal increased in CommerceHub, Inc ($7.9M principal)
Occurred
Sep 30, 2023
New Mountain Guardian IV BDC, L.L.C.: principal increased in CommerceHub, Inc ($9.9M principal)
Occurred
Sep 30, 2023
NMF SLF I, Inc.: principal increased in CommerceHub, Inc ($6.1M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:47f45989-62fb-9f7b-d55a-314b3862ff55
First observed: Dec 31, 2021
Last observed: Jun 30, 2025 14 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.

CommerceHub, Inc

Private Credit

Search this name across graphsid dfx:pc:47f45989-62fb-9f7b-d55a-314b3862ff55

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$34.4M

$181M

Dec 1, 2027

Html schedule

n/a

Unknown

Jun 30, 2025

other

unknown

$14.3M

$13.9M

Dec 29, 2028

Html schedule

n/a

Unknown

Jun 30, 2025

Term loan

unknown

$2.2M

$2.1M

Dec 29, 2027

Xbrl fact

n/a

Unknown

Dec 31, 2022

Term loan

Second lien

$2.0M

Dec 29, 2027

Xbrl fact

n/a

Unknown

Jun 30, 2025

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

Franklin BSP Lending Corp

$21.8M

$19.6M

Dec 29, 2027

Sep 30, 2023

BlackRock Capital Investment Corp

$2.2M

$2.1M

Dec 29, 2027

Dec 31, 2023