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Royal Buyer, LLC

Private Credit

Search this name across graphsid dfx:pc:5a89910f-1d72-ff58-aff4-2421a763c10f

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, 12:10 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
32 observations

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: 14
BDCs: 10
Facilities: 8
Principal, latest: $136Mpieces as filed; a lower bound
Fair value, latest: $137M
Mark ratio: 100%fair value over cost, latest
Next maturity: Jul 1, 2030
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	First lien	$123M	$122M	Dec 30, 2030	Html schedule	0	n/a	9	12	Unknown	Jun 30, 2026
Delayed draw	unknown	$6.0M	$4.4M	Dec 30, 2030	Html schedule	0	n/a	1	5	Unknown	Jun 30, 2026
Delayed draw	First lien	$3.4M	$2.5M	Dec 30, 2030	Html schedule	0	n/a	1	2	Unknown	Jun 30, 2026
Term loan	unknown	$2.7M	$2.6M	Dec 30, 2030	Html schedule	0	n/a	1	1	Unknown	Jun 30, 2026
revolver	unknown	$1.3M	$1.1M	Dec 30, 2030	Html schedule	0	n/a	1	4	Unknown	Jun 30, 2026
revolver	First lien	$0	$0	Jul 1, 2030	Html schedule	n/a	n/a	2	4	Unknown	Jun 30, 2026
preferred	equity	n/a	$4.7M	n/a	n/a	n/a	0	2	2	Unknown	Jun 30, 2026
other	unknown	n/a	n/a	n/a	n/a	n/a	n/a	2	5	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; 32 rows folded into 10

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
Golub Capital Private Credit Fund	3	$36.7M	$36.4M	$0	Dec 1, 2030	Jun 30, 2026
ARES CAPITAL CORP	4	$25.2M	$27.6M	$9.3M	Jul 1, 2030	Jun 30, 2026
ARES STRATEGIC INCOME FUND	4	$22.4M	$24.7M	$10.0M	Jul 1, 2030	Jun 30, 2026
Nuveen Churchill Direct Lending Corp.	3	$19.7M	$18.6M	$855,000	Dec 30, 2030	Jun 30, 2026
Nuveen Churchill Private Capital Income Fund	1	$10.8M	$10.6M	$0	Dec 30, 2030	Jun 30, 2026
Willow Tree Capital Corp	5	$10.0M	$8.2M	$1.7M	Dec 30, 2030	Jun 30, 2026
GOLUB CAPITAL BDC, Inc.	3	$7.9M	$7.8M	$0	Dec 1, 2030	Jun 30, 2026
Golub Capital BDC 4, Inc.	3	$2.3M	$2.3M	$0	Dec 1, 2030	Jun 30, 2026
GOLUB CAPITAL DIRECT LENDING CORP	3	$735,000	$730,000	$0	Dec 1, 2030	Jun 30, 2026
Golub Capital Direct Lending Unlevered Corp	3	$367,000	$363,000	$0	n/a	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

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

Occurred
Jun 30, 2026
BDC joined a facility
Nuveen Churchill Private Capital Income Fund joins Royal Buyer, LLC term loan (first lien) held by 11 other BDCs
BDC schedule of investments
$10.8M
Occurred
Mar 31, 2026
Spread increased
ARES CAPITAL CORP: spread increased in Royal Buyer, LLC (5.25% to 5.75%)
BDC schedule of investmentsobserved 4 months ago
0.0575 usd
Occurred
Mar 31, 2026
Spread increased
ARES STRATEGIC INCOME FUND: spread increased in Royal Buyer, LLC (5.25% to 5.75%)
BDC schedule of investmentsobserved 4 months ago
0.0575 usd
Occurred
Mar 31, 2026
Marked down by a BDC
Willow Tree Capital Corp: fair value markdown in Royal Buyer, LLC (102 to 97 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.972923359339146 usd
Occurred
Dec 31, 2025
Maturity extended
Royal Buyer, LLC revolver: maturity moved from 2026-12-30 to 2030-12-30
BDC schedule of investments
$1.3M
Occurred
Dec 31, 2025
BDC left a facility
Barings Capital Investment Corp no longer holds Royal Buyer, LLC revolver after 2025-12-31; 1 BDC(s) still hold it
BDC schedule of investments
Occurred
Dec 31, 2025
BDC left a facility
Barings BDC, Inc. no longer holds Royal Buyer, LLC revolver after 2025-12-31; 1 BDC(s) still hold it
BDC schedule of investments
Occurred
Dec 31, 2025
BDC left a facility
Barings Private Credit Corp no longer holds Royal Buyer, LLC delayed draw after 2025-12-31; 2 BDC(s) still hold it
BDC schedule of investments
Occurred
Dec 31, 2025
Maturity extended
Willow Tree Capital Corp: maturity extended in Royal Buyer, LLC (2026-12-30 to 2030-12-30)
BDC schedule of investmentsobserved 1 months ago
Occurred
Dec 31, 2025
BDC left a facility
Barings Private Credit Corp no longer holds Royal Buyer, LLC revolver after 2025-12-31; 1 BDC(s) still hold it
BDC schedule of investments
Occurred
Sep 30, 2025
Maturity extended
Royal Buyer, LLC term loan: maturity moved from 2027-12-30 to 2030-12-30
BDC schedule of investments
$2.7M
Occurred
Sep 30, 2025
Coupon changed
Royal Buyer, LLC revolver: spread moved from 5.00% to 4.50%
BDC schedule of investments
$1.3M

Show 28 bookkeeping events

Occurred
Jun 30, 2026
GOLUB CAPITAL BDC, Inc.: principal increased in Royal Buyer, LLC ($7.9M principal)
Occurred
Jun 30, 2026
Nuveen Churchill Private Capital Income Fund: new position in Royal Buyer, LLC ($10.8M principal)
Occurred
Jun 30, 2026
Golub Capital Private Credit Fund: principal increased in Royal Buyer, LLC ($36.7M principal)
Occurred
Mar 31, 2026
ARES STRATEGIC INCOME FUND: principal increased in Royal Buyer, LLC ($22.4M principal)
Occurred
Mar 31, 2026
Barings Private Credit Corp: position exited in Royal Buyer, LLC
Occurred
Mar 31, 2026
Barings BDC, Inc.: position exited in Royal Buyer, LLC
Occurred
Mar 31, 2026
ARES CAPITAL CORP: principal increased in Royal Buyer, LLC ($25.2M principal)
Occurred
Mar 31, 2026
Barings Capital Investment Corp: position exited in Royal Buyer, LLC
Occurred
Mar 31, 2026
Barings Private Credit Corp: position exited in Royal Buyer, LLC
Occurred
Mar 31, 2026
ARES STRATEGIC INCOME FUND: new position in Royal Buyer, LLC ($.0M principal)
Occurred
Dec 31, 2025
Golub Capital Private Credit Fund: principal decreased in Royal Buyer, LLC ($31.4M principal)
Occurred
Dec 31, 2025
GOLUB CAPITAL BDC, Inc.: principal decreased in Royal Buyer, LLC ($6.8M principal)
Occurred
Dec 31, 2025
GOLUB CAPITAL DIRECT LENDING CORP: principal decreased in Royal Buyer, LLC ($.6M principal)
Occurred
Dec 31, 2025
Golub Capital Direct Lending Unlevered Corp: principal decreased in Royal Buyer, LLC ($.3M principal)
Occurred
Dec 31, 2025
Golub Capital BDC 4, Inc.: principal decreased in Royal Buyer, LLC ($2.0M principal)
Occurred
Dec 31, 2025
Barings Private Credit Corp: position exited in Royal Buyer, LLC
Occurred
Dec 31, 2025
Nuveen Churchill Direct Lending Corp.: principal decreased in Royal Buyer, LLC ($3.4M principal)
Occurred
Dec 31, 2025
ARES STRATEGIC INCOME FUND: position exited in Royal Buyer, LLC ($.0M principal)
Occurred
Dec 31, 2025
Barings Private Credit Corp: new position in Royal Buyer, LLC
Occurred
Dec 31, 2025
Nuveen Churchill Direct Lending Corp.: new position in Royal Buyer, LLC ($16.4M principal)
Occurred
Sep 30, 2025
Barings Private Credit Corp: position exited in Royal Buyer, LLC ($22.4M principal)
Occurred
Sep 30, 2025
GOLUB CAPITAL BDC, Inc.: principal increased in Royal Buyer, LLC ($13.2M principal)
Occurred
Sep 30, 2025
Barings Capital Investment Corp: position exited in Royal Buyer, LLC ($6.5M principal)
Occurred
Sep 30, 2025
Golub Capital Private Credit Fund: principal increased in Royal Buyer, LLC ($61.4M principal)
Occurred
Sep 30, 2025
GOLUB CAPITAL DIRECT LENDING CORP: principal increased in Royal Buyer, LLC ($1.2M principal)
Occurred
Sep 30, 2025
Golub Capital BDC 4, Inc.: principal increased in Royal Buyer, LLC ($3.9M principal)
Occurred
Sep 30, 2025
Willow Tree Capital Corp: position exited in Royal Buyer, LLC ($10.1M principal)
Occurred
Sep 30, 2025
Barings BDC, Inc.: position exited in Royal Buyer, LLC ($8.1M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:5a89910f-1d72-ff58-aff4-2421a763c10f
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.

Royal Buyer, LLC

Private Credit

Search this name across graphsid dfx:pc:5a89910f-1d72-ff58-aff4-2421a763c10f

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$123M

$122M

Dec 30, 2030

Html schedule

n/a

Unknown

Jun 30, 2026

Delayed draw

unknown

$6.0M

$4.4M

Dec 30, 2030

Html schedule

n/a

Unknown

Jun 30, 2026

Delayed draw

First lien

$3.4M

$2.5M

Dec 30, 2030

Html schedule

n/a

Unknown

Jun 30, 2026

Term loan

unknown

$2.7M

$2.6M

Dec 30, 2030

Html schedule

n/a

Unknown

Jun 30, 2026

revolver

unknown

$1.3M

$1.1M

Dec 30, 2030

Html schedule

n/a

Unknown

Jun 30, 2026

revolver

First lien

Jul 1, 2030

Html schedule

n/a

Unknown

Jun 30, 2026

preferred

equity

n/a

$4.7M

n/a

Unknown

Jun 30, 2026

other

unknown

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

Golub Capital Private Credit Fund

$36.7M

$36.4M

Dec 1, 2030

Jun 30, 2026

ARES CAPITAL CORP

$25.2M

$27.6M

$9.3M

Jul 1, 2030

Jun 30, 2026

ARES STRATEGIC INCOME FUND

$22.4M

$24.7M

$10.0M

Jul 1, 2030

Jun 30, 2026

Nuveen Churchill Direct Lending Corp.

$19.7M

$18.6M

$855,000

Dec 30, 2030

Jun 30, 2026

Nuveen Churchill Private Capital Income Fund

$10.8M

$10.6M

Dec 30, 2030

Jun 30, 2026

Willow Tree Capital Corp

$10.0M

$8.2M

$1.7M

Dec 30, 2030

Jun 30, 2026

GOLUB CAPITAL BDC, Inc.

$7.9M

$7.8M

Dec 1, 2030

Jun 30, 2026

Golub Capital BDC 4, Inc.

$2.3M

Dec 1, 2030

Jun 30, 2026

GOLUB CAPITAL DIRECT LENDING CORP

$735,000

$730,000

Dec 1, 2030

Jun 30, 2026

Golub Capital Direct Lending Unlevered Corp

$367,000

$363,000

n/a

Jun 30, 2026