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VPROP Operating, LLC

Private Credit

Search this name across graphsid dfx:pc:813177fe-2639-6f89-57d0-b05b9aed49d8

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, 12:56 AM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 23
On other graphs: 0
Observed: Dec 31, 2021 to Jun 30, 2026
6 observations

Right now

3 signals name this record (all private credit signals)

#1ScheduledFactPrivate creditCredit Attention / refinancing radar

VPROP Operating, LLC term loan (first lien) matures 2026-11-01 (inside 18 months; $56.1M held by 1 BDC)

Scheduled for 2026-11-01 (scheduled); first seen by DFX 2026-09-15.

Exposure: $56.1M knowndisclosed amount
Who this matters to: Private credit lenders, PE sponsors +2
Historical: not a measured predictor

Credit Attention / refinancing radarNov 1, 2026 · seen 4 days ago

#2ScheduledFactPrivate creditCredit Attention / refinancing radar

VPROP Operating, LLC term loan (first lien) matures 2026-11-01 (inside 24 months; $56.1M held by 1 BDC)

Scheduled for 2026-11-01 (scheduled); first seen by DFX 2026-09-15.

Exposure: $56.1M knowndisclosed amount
Who this matters to: Private credit lenders, PE sponsors +2
Historical: not a measured predictor

Credit Attention / refinancing radarNov 1, 2026 · seen 4 days ago

#3ScheduledFactPrivate creditCredit Attention / refinancing radar

VPROP Operating, LLC term loan (first lien) matures 2026-11-01 (inside 12 months; $56.1M held by 1 BDC)

Scheduled for 2026-11-01 (scheduled); first seen by DFX 2026-09-15.

Exposure: $56.1M knowndisclosed amount
Who this matters to: Private credit lenders, PE sponsors +2
Historical: not a measured predictor

Credit Attention / refinancing radarNov 1, 2026 · 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: 1
BDCs: 1
Facilities: 3
Principal, latest: $56.1Mpieces as filed; a lower bound
Fair value, latest: $22.3M
Mark ratio: 43%fair value over cost, latest
Next maturity: Nov 1, 2026
Maturing inside 12 months: $56.1Mtagged maturities only
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	$56.1M	$22.3M	Nov 1, 2026	Html schedule	0	0	1	1	Unknown	Jun 30, 2026
Common equity	equity	n/a	$0	n/a	n/a	n/a	n/a	1	1	Unknown	Jun 30, 2026
other	unknown	n/a	n/a	n/a	n/a	n/a	n/a	1	1	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; 6 rows folded into 1

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
ARES CAPITAL CORP	6	$56.1M	$22.3M	$0	Nov 1, 2026	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

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

Scheduled
Nov 1, 2026
Facility matures inside 24 months
VPROP Operating, LLC term loan (first lien) matures 2026-11-01 (inside 12 months; $56.1M held by 1 BDC)
BDC schedule of investments
$56.1M
Scheduled
Nov 1, 2026
Facility matures inside 24 months
VPROP Operating, LLC term loan (first lien) matures 2026-11-01 (inside 18 months; $56.1M held by 1 BDC)
BDC schedule of investments
$56.1M
Scheduled
Nov 1, 2026
Facility matures inside 24 months
VPROP Operating, LLC term loan (first lien) matures 2026-11-01 (inside 24 months; $56.1M held by 1 BDC)
BDC schedule of investments
$56.1M
Occurred
Jun 30, 2026
Marked down across lenders
VPROP Operating, LLC term loan: marked from 52 to 43 cents on cost across 1 lender(s)
BDC schedule of investments
$56.1M
Occurred
Jun 30, 2026
Marked down by a BDC
ARES CAPITAL CORP: fair value markdown in VPROP Operating, LLC (52 to 43 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.428846153846154 usd
Occurred
Mar 31, 2026
Marked down across lenders
VPROP Operating, LLC term loan: marked from 68 to 52 cents on cost across 1 lender(s)
BDC schedule of investments
$54.3M
Occurred
Mar 31, 2026
Marked down by a BDC
ARES CAPITAL CORP: fair value markdown in VPROP Operating, LLC (68 to 52 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.518518518518518 usd
Occurred
Dec 31, 2025
Marked down across lenders
VPROP Operating, LLC term loan: marked from 88 to 68 cents on cost across 1 lender(s)
BDC schedule of investments
$52.5M
Occurred
Dec 31, 2025
Marked down by a BDC
ARES CAPITAL CORP: fair value markdown in VPROP Operating, LLC (88 to 68 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.679841897233202 usd
Occurred
Sep 30, 2025
Marked down across lenders
VPROP Operating, LLC term loan: marked from 100 to 88 cents on cost across 1 lender(s)
BDC schedule of investments
$48.4M
Occurred
Sep 30, 2025
Marked down by a BDC
ARES CAPITAL CORP: fair value markdown in VPROP Operating, LLC (100 to 88 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.880252100840336 usd
Occurred
Dec 31, 2024
Maturity extended
VPROP Operating, LLC term loan: maturity moved from 2024-11-01 to 2026-11-01
BDC schedule of investments
$43.8M
Occurred
Dec 31, 2024
PIK interest added
VPROP Operating, LLC term loan: PIK interest of 14.21% appears (was cash pay)
BDC schedule of investments
$43.8M
Occurred
Dec 31, 2024
Maturity extended
ARES CAPITAL CORP: maturity extended in VPROP Operating, LLC (2024-11-01 to 2026-11-01)
BDC schedule of investmentsobserved 7 months ago
Occurred
Dec 31, 2024
PIK interest added
ARES CAPITAL CORP: pik added in VPROP Operating, LLC (0.00% to 14.21%)
BDC schedule of investmentsobserved 7 months ago
0.1421 usd
Occurred
Sep 30, 2022
PIK interest increased
VPROP Operating, LLC term loan: PIK interest rose from 11.00% to 12.06%
BDC schedule of investments
$42.7M
Occurred
Sep 30, 2022
PIK interest increased
ARES CAPITAL CORP: pik increased in VPROP Operating, LLC (11.00% to 12.06%)
BDC schedule of investmentsobserved 3.9 years ago
0.1206 usd

Show 6 bookkeeping events

Occurred
Dec 31, 2025
ARES CAPITAL CORP: principal increased in VPROP Operating, LLC ($52.5M principal)
Occurred
Dec 31, 2024
ARES CAPITAL CORP: principal increased in VPROP Operating, LLC ($43.8M principal)
Occurred
Sep 30, 2023
ARES CAPITAL CORP: principal decreased in VPROP Operating, LLC ($38.3M principal)
Occurred
Mar 31, 2023
ARES CAPITAL CORP: principal decreased in VPROP Operating, LLC ($42.7M principal)
Occurred
Dec 31, 2022
ARES CAPITAL CORP: principal increased in VPROP Operating, LLC ($70.0M principal)
Occurred
Sep 30, 2022
ARES CAPITAL CORP: principal increased in VPROP Operating, LLC ($42.7M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:813177fe-2639-6f89-57d0-b05b9aed49d8
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.

VPROP Operating, LLC

Private Credit

Search this name across graphsid dfx:pc:813177fe-2639-6f89-57d0-b05b9aed49d8

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$56.1M

$22.3M

Nov 1, 2026

Html schedule

Unknown

Jun 30, 2026

Common equity

equity

n/a

Unknown

Jun 30, 2026

other

unknown

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

ARES CAPITAL CORP

$56.1M

$22.3M

Nov 1, 2026

Jun 30, 2026