DFX Intelligence

Data Factory

Orsay Bidco 1 B.V

Private Credit

Search this name across graphsid dfx:pc:8e1b3305-5947-a9c2-3c5c-c4fc1d393010

Data as of Mar 31, 2026 (this record's last observation) from The BDC tape; Adviser-reported credit funds; Deal parties; Pending. Page built Sep 21, 2026, 10:58 AM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 0
Observed: Jun 30, 2024 to Mar 31, 2026
8 observations

Right now

one signal names this record (all private credit signals)

#1NewSignalPrivate creditCredit deterioration

Orsay Bidco 1 B.V: lender marks fell to 98 cents across 4 BDC lenders

State NEW at the 2026-03-31 quarter end, readable when the filing landed on 2026-05-12.

Exposure: $19.1M 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

GOLUB CAPITAL BDC, Inc. · lender Golub Capital BDC 4, Inc. · lender Golub Capital Private Credit Fund · lender GOLUB CAPITAL DIRECT LENDING CORP · lender

Credit Attention / portfolio monitorMar 31, 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: 4
BDCs: 4
Facilities: 1
Principal, latest: $34.2Mpieces as filed; a lower bound
Fair value, latest: $33.2M
Mark ratio: 101%fair value over cost, latest
Next maturity: Nov 1, 2029
First on a schedule: Jun 30, 2024
Last on a schedule: Mar 31, 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	$34.2M	$33.2M	Nov 1, 2029	Html schedule	0	n/a	4	4	Unknown	Mar 31, 2026

Relationships

No published relationship touches this entity yet.

Dated events

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

Occurred
Mar 31, 2026
Borrower left every BDC schedule
Orsay Bidco 1 B.V term loan (first lien) left every BDC schedule after 2026-03-31 (4 lenders, $34.2M last held)
BDC schedule of investments
$34.2M
Occurred
Mar 31, 2026
Coupon changed
Orsay Bidco 1 B.V term loan: spread moved from 5.75% to 5.25%
BDC schedule of investments
$34.2M
Occurred
Mar 31, 2026
Spread decreased
GOLUB CAPITAL BDC, Inc.: spread decreased in Orsay Bidco 1 B.V (5.75% to 5.25%)
BDC schedule of investmentsobserved 4 months ago
0.0525 usd
Occurred
Mar 31, 2026
Spread decreased
GOLUB CAPITAL DIRECT LENDING CORP: spread decreased in Orsay Bidco 1 B.V (5.75% to 5.25%)
BDC schedule of investmentsobserved 4 months ago
0.0525 usd
Occurred
Mar 31, 2026
Spread decreased
Golub Capital BDC 4, Inc.: spread decreased in Orsay Bidco 1 B.V (5.75% to 5.25%)
BDC schedule of investmentsobserved 4 months ago
0.0525 usd
Occurred
Mar 31, 2026
Spread decreased
Golub Capital Private Credit Fund: spread decreased in Orsay Bidco 1 B.V (5.75% to 5.25%)
BDC schedule of investmentsobserved 4 months ago
0.0525 usd
Occurred
Mar 31, 2026
Marked down by a BDC
Golub Capital Private Credit Fund: fair value markdown in Orsay Bidco 1 B.V (112 to 101 cents on cost)
BDC schedule of investmentsobserved 4 months ago
1.00664056692601 usd
Occurred
Mar 31, 2026
Marked down by a BDC
Golub Capital BDC 4, Inc.: fair value markdown in Orsay Bidco 1 B.V (111 to 103 cents on cost)
BDC schedule of investmentsobserved 4 months ago
1.02763187942453 usd
Occurred
Mar 31, 2026
Marked down by a BDC
GOLUB CAPITAL DIRECT LENDING CORP: fair value markdown in Orsay Bidco 1 B.V (112 to 102 cents on cost)
BDC schedule of investmentsobserved 4 months ago
1.02027027027027 usd
Occurred
Mar 31, 2026
Marked down by a BDC
GOLUB CAPITAL BDC, Inc.: fair value markdown in Orsay Bidco 1 B.V (112 to 99 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.98943468715697 usd
Occurred
Dec 31, 2025
Coupon changed
Orsay Bidco 1 B.V term loan: spread moved from 5.75% to 5.00%
BDC schedule of investments
$17.6M
Occurred
Sep 30, 2025
Coupon changed
Orsay Bidco 1 B.V term loan: spread moved from 5.75% to 5.00%
BDC schedule of investments
$35.2M
Occurred
Jun 30, 2025
Coupon changed
Orsay Bidco 1 B.V term loan: spread moved from 5.25% to 5.75%
BDC schedule of investments
$17.7M
Occurred
Mar 31, 2025
Coupon changed
Orsay Bidco 1 B.V term loan: spread moved from 5.75% to 5.25%
BDC schedule of investments
$14.8M
Occurred
Jun 30, 2024
Borrower first appears on a BDC schedule
Orsay Bidco 1 B.V first appears in a BDC schedule (4 lenders)
GOLUB CAPITAL DIRECT LENDING CORPBDC schedule of investmentsobserved 2.1 years ago
0 usd

Show 25 bookkeeping events

Occurred
Jun 30, 2026
Golub Capital Private Credit Fund: position exited in Orsay Bidco 1 B.V ($20.9M principal)
Occurred
Jun 30, 2026
GOLUB CAPITAL DIRECT LENDING CORP: position exited in Orsay Bidco 1 B.V ($1.2M principal)
Occurred
Jun 30, 2026
Golub Capital BDC 4, Inc.: position exited in Orsay Bidco 1 B.V ($4.6M principal)
Occurred
Jun 30, 2026
GOLUB CAPITAL BDC, Inc.: position exited in Orsay Bidco 1 B.V ($7.4M principal)
Occurred
Mar 31, 2026
Golub Capital BDC 4, Inc.: principal increased in Orsay Bidco 1 B.V ($4.6M principal)
Occurred
Mar 31, 2026
Golub Capital Private Credit Fund: principal increased in Orsay Bidco 1 B.V ($20.9M principal)
Occurred
Mar 31, 2026
GOLUB CAPITAL DIRECT LENDING CORP: principal increased in Orsay Bidco 1 B.V ($1.2M principal)
Occurred
Mar 31, 2026
GOLUB CAPITAL BDC, Inc.: principal increased in Orsay Bidco 1 B.V ($7.4M principal)
Occurred
Dec 31, 2025
Golub Capital BDC 4, Inc.: principal decreased in Orsay Bidco 1 B.V ($3.3M principal)
Occurred
Dec 31, 2025
Golub Capital Private Credit Fund: principal decreased in Orsay Bidco 1 B.V ($10.9M principal)
Occurred
Dec 31, 2025
GOLUB CAPITAL BDC, Inc.: principal decreased in Orsay Bidco 1 B.V ($2.7M principal)
Occurred
Dec 31, 2025
GOLUB CAPITAL DIRECT LENDING CORP: principal decreased in Orsay Bidco 1 B.V ($.8M principal)
Occurred
Sep 30, 2025
Golub Capital BDC 4, Inc.: principal increased in Orsay Bidco 1 B.V ($6.6M principal)
Occurred
Sep 30, 2025
Golub Capital Private Credit Fund: principal increased in Orsay Bidco 1 B.V ($21.7M principal)
Occurred
Sep 30, 2025
GOLUB CAPITAL DIRECT LENDING CORP: principal increased in Orsay Bidco 1 B.V ($1.6M principal)
Occurred
Sep 30, 2025
GOLUB CAPITAL BDC, Inc.: principal increased in Orsay Bidco 1 B.V ($5.3M principal)
Occurred
Jun 30, 2025
Golub Capital BDC 4, Inc.: principal increased in Orsay Bidco 1 B.V ($3.3M principal)
Occurred
Jun 30, 2025
Golub Capital Private Credit Fund: principal increased in Orsay Bidco 1 B.V ($10.9M principal)
Occurred
Jun 30, 2025
GOLUB CAPITAL BDC, Inc.: principal increased in Orsay Bidco 1 B.V ($2.7M principal)
Occurred
Mar 31, 2025
Golub Capital Private Credit Fund: principal increased in Orsay Bidco 1 B.V ($9.2M principal)
Occurred
Mar 31, 2025
Golub Capital BDC 4, Inc.: principal increased in Orsay Bidco 1 B.V ($2.9M principal)
Occurred
Mar 31, 2025
GOLUB CAPITAL BDC, Inc.: principal increased in Orsay Bidco 1 B.V ($2.1M principal)
Occurred
Mar 31, 2025
GOLUB CAPITAL DIRECT LENDING CORP: principal increased in Orsay Bidco 1 B.V ($.7M principal)
Occurred
Jun 30, 2024
GOLUB CAPITAL DIRECT LENDING CORP: new position in Orsay Bidco 1 B.V ($.0M principal)
Occurred
Jun 30, 2024
Golub Capital BDC 4, Inc.: new position in Orsay Bidco 1 B.V ($.0M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:8e1b3305-5947-a9c2-3c5c-c4fc1d393010
First observed: Jun 30, 2024
Last observed: Mar 31, 2026 5 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.

Orsay Bidco 1 B.V

Private Credit

Search this name across graphsid dfx:pc:8e1b3305-5947-a9c2-3c5c-c4fc1d393010

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$34.2M

$33.2M

Nov 1, 2029

Html schedule

n/a

Unknown

Mar 31, 2026