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Legal Spend Holdings, LLC

Private Credit

Search this name across graphsid dfx:pc:8ffa63b8-f9b9-c041-ae06-1912a56f49e6

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, 5:47 PM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 0
Observed: Mar 31, 2023 to Jun 30, 2026
8 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: 6
BDCs: 4
Facilities: 1
Principal, latest: $75.2Mpieces as filed; a lower bound
Fair value, latest: $70.5M
Mark ratio: 100%fair value over cost, latest
Next maturity: May 1, 2028
First on a schedule: Mar 31, 2023
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	$75.2M	$70.5M	May 1, 2029	Html schedule	0	n/a	4	6	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; 10 rows folded into 5

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
New Mountain Guardian III BDC, L.L.C.	2	$53.0M	$48.9M	$0	May 1, 2028	Sep 30, 2024
New Mountain Private Credit Fund	2	$42.2M	$37.7M	$0	May 1, 2028	Jun 30, 2026
New Mountain Guardian IV BDC, L.L.C.	2	$18.3M	$18.1M	$0	May 1, 2029	Jun 30, 2026
NMF SLF I, Inc.	2	$9.5M	$9.4M	$0	May 1, 2028	Jun 30, 2026
New Mountain Guardian IV Income Fund, L.L.C.	2	$5.3M	$5.2M	$0	n/a	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

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

Occurred
Jun 30, 2025
Coupon changed
Legal Spend Holdings, LLC term loan: spread moved from 5.25% to 4.50%
BDC schedule of investments
$96.7M
Occurred
Jun 30, 2025
Spread decreased
New Mountain Guardian IV Income Fund, L.L.C.: spread decreased in Legal Spend Holdings, LLC (5.75% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
Spread decreased
NMF SLF I, Inc.: spread decreased in Legal Spend Holdings, LLC (5.75% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
Spread decreased
New Mountain Private Credit Fund: spread decreased in Legal Spend Holdings, LLC (5.25% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
Spread decreased
New Mountain Guardian IV BDC, L.L.C.: spread decreased in Legal Spend Holdings, LLC (5.75% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Mar 31, 2025
BDC left a facility
Stepstone Private Credit Fund LLC no longer holds Legal Spend Holdings, LLC term loan after 2025-03-31; 5 BDC(s) still hold it
BDC schedule of investments
$254,868
Occurred
Sep 30, 2024
Coupon changed
Legal Spend Holdings, LLC term loan: spread moved from 5.75% to 5.25%
BDC schedule of investments
$97.7M
Occurred
Dec 31, 2023
Coupon changed
Legal Spend Holdings, LLC term loan: spread moved from 5.25% to 5.75%
BDC schedule of investments
$190M
Occurred
Dec 31, 2023
BDC joined a facility
New Mountain Guardian IV BDC, L.L.C. joins Legal Spend Holdings, LLC term loan (first lien) held by 5 other BDCs
BDC schedule of investments
$18.3M
Occurred
Dec 31, 2023
Spread increased
NMF SLF I, Inc.: spread increased in Legal Spend Holdings, LLC (5.25% to 5.75%)
BDC schedule of investmentsobserved 1.5 years ago
0.0575 usd

Show 30 bookkeeping events

Occurred
Jun 30, 2026
New Mountain Guardian IV BDC, L.L.C.: principal decreased in Legal Spend Holdings, LLC ($18.3M principal)
Occurred
Jun 30, 2026
NMF SLF I, Inc.: principal decreased in Legal Spend Holdings, LLC ($9.5M principal)
Occurred
Jun 30, 2026
New Mountain Private Credit Fund: principal decreased in Legal Spend Holdings, LLC ($42.2M principal)
Occurred
Jun 30, 2026
New Mountain Guardian IV Income Fund, L.L.C.: principal decreased in Legal Spend Holdings, LLC ($5.3M principal)
Occurred
Mar 31, 2026
New Mountain Private Credit Fund: principal decreased in Legal Spend Holdings, LLC ($52.3M principal)
Occurred
Mar 31, 2026
New Mountain Guardian IV Income Fund, L.L.C.: principal decreased in Legal Spend Holdings, LLC ($6.7M principal)
Occurred
Dec 31, 2025
New Mountain Guardian IV Income Fund, L.L.C.: principal increased in Legal Spend Holdings, LLC ($13.5M principal)
Occurred
Dec 31, 2025
New Mountain Private Credit Fund: principal increased in Legal Spend Holdings, LLC ($104.8M principal)
Occurred
Dec 31, 2025
NMF SLF I, Inc.: principal decreased in Legal Spend Holdings, LLC ($12.8M principal)
Occurred
Jun 30, 2025
Stepstone Private Credit Fund LLC: position exited in Legal Spend Holdings, LLC ($.3M principal)
Occurred
Mar 31, 2025
Stepstone Private Credit Fund LLC: principal decreased in Legal Spend Holdings, LLC ($.3M principal)
Occurred
Mar 31, 2025
NMF SLF I, Inc.: principal decreased in Legal Spend Holdings, LLC ($13.7M principal)
Occurred
Mar 31, 2025
New Mountain Guardian IV BDC, L.L.C.: principal decreased in Legal Spend Holdings, LLC ($23.6M principal)
Occurred
Mar 31, 2025
New Mountain Guardian IV Income Fund, L.L.C.: principal decreased in Legal Spend Holdings, LLC ($6.8M principal)
Occurred
Mar 31, 2025
New Mountain Private Credit Fund: principal decreased in Legal Spend Holdings, LLC ($52.8M principal)
Occurred
Dec 31, 2024
New Mountain Guardian IV BDC, L.L.C.: principal increased in Legal Spend Holdings, LLC ($47.4M principal)
Occurred
Dec 31, 2024
Stepstone Private Credit Fund LLC: principal increased in Legal Spend Holdings, LLC ($.8M principal)
Occurred
Dec 31, 2024
New Mountain Private Credit Fund: principal increased in Legal Spend Holdings, LLC ($110.0M principal)
Occurred
Dec 31, 2024
NMF SLF I, Inc.: principal increased in Legal Spend Holdings, LLC ($26.6M principal)
Occurred
Dec 31, 2024
New Mountain Guardian IV Income Fund, L.L.C.: principal increased in Legal Spend Holdings, LLC ($13.6M principal)
Occurred
Sep 30, 2024
New Mountain Guardian IV Income Fund, L.L.C.: principal increased in Legal Spend Holdings, LLC ($6.8M principal)
Occurred
Sep 30, 2024
New Mountain Guardian IV BDC, L.L.C.: principal increased in Legal Spend Holdings, LLC ($23.8M principal)
Occurred
Mar 31, 2024
New Mountain Guardian IV BDC, L.L.C.: principal decreased in Legal Spend Holdings, LLC ($4.6M principal)
Occurred
Mar 31, 2024
New Mountain Guardian III BDC, L.L.C.: principal decreased in Legal Spend Holdings, LLC ($53.3M principal)
Occurred
Mar 31, 2024
Stepstone Private Credit Fund LLC: principal decreased in Legal Spend Holdings, LLC ($.3M principal)
Occurred
Dec 31, 2023
Stepstone Private Credit Fund LLC: new position in Legal Spend Holdings, LLC ($.5M principal)
Occurred
Dec 31, 2023
NMF SLF I, Inc.: principal increased in Legal Spend Holdings, LLC ($13.0M principal)
Occurred
Dec 31, 2023
New Mountain Guardian IV BDC, L.L.C.: new position in Legal Spend Holdings, LLC ($13.9M principal)
Occurred
Dec 31, 2023
New Mountain Guardian III BDC, L.L.C.: principal increased in Legal Spend Holdings, LLC ($106.8M principal)
Occurred
Dec 31, 2023
New Mountain Guardian IV Income Fund, L.L.C.: new position in Legal Spend Holdings, LLC ($2.3M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:8ffa63b8-f9b9-c041-ae06-1912a56f49e6
First observed: Mar 31, 2023
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.

Legal Spend Holdings, LLC

Private Credit

Search this name across graphsid dfx:pc:8ffa63b8-f9b9-c041-ae06-1912a56f49e6

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$75.2M

$70.5M

May 1, 2029

Html schedule

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

New Mountain Guardian III BDC, L.L.C.

$53.0M

$48.9M

May 1, 2028

Sep 30, 2024

New Mountain Private Credit Fund

$42.2M

$37.7M

May 1, 2028

Jun 30, 2026

New Mountain Guardian IV BDC, L.L.C.

$18.3M

$18.1M

May 1, 2029

Jun 30, 2026

NMF SLF I, Inc.

$9.5M

$9.4M

May 1, 2028

Jun 30, 2026

New Mountain Guardian IV Income Fund, L.L.C.

$5.3M

$5.2M

n/a

Jun 30, 2026