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Hollander Intermediate LLC

sponsor (inference, pe portfolio stem): Stellus Capital Management, LLC

Search this name across graphsid dfx:pc:b297e4cf-60c4-2368-6f07-1d023524084d

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

Relationships: 1
Dated events: 40
On other graphs: 1
Observed: Sep 30, 2022 to Jun 30, 2026
1 observations

Right now

one signal names this record (all private credit signals)

#1NewSignalPrivate creditCredit deterioration

Hollander Intermediate LLC: lender marks fell to 73 cents across 1 BDC lenders

State NEW at the 2024-09-30 quarter end, readable when the filing landed on 2024-11-12.

Exposure: $147M 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

CION Investment Corp · lender

Credit Attention / portfolio monitorSep 30, 2024 · seen 2 days ago

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

Hollander

name equal in sponsor portfolio · confidence 95% · family precision 100%

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Lenders: 6
BDCs: 1
Facilities: 2
First on a schedule: Sep 30, 2022
Last on a schedule: Jun 30, 2026
Sponsor basis: pe_portfolio_steminferencedeal party is a fact; a portfolio stem or a Form D signer is an inference

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	n/a	n/a	n/a	n/a	n/a	n/a	1	5	Unknown	Jun 30, 2026
Term loan	unknown	$65.3M	$57.0M	Sep 21, 2026	Xbrl fact	0	0	1	1	Unknown	Dec 31, 2024

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

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
CION Investment Corp	1	$0	$0	$0	n/a	Jun 30, 2026

Relationships

Sponsors (1)

← Stellus Capital Management, LLCSponsor of borrowersPE portfolio stem
Sep 15, 2026 to presentinferenceDFX's own graph

Dated events

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

Occurred
Dec 31, 2025
Marked down across lenders
Hollander Intermediate LLC term loan: marked from 90 to 79 cents on cost across 1 lender(s)
BDC schedule of investments
$56.4M
Occurred
Dec 31, 2025
Marked down by a BDC
CION Investment Corp: fair value markdown in Hollander Intermediate LLC (90 to 79 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.792374256354786 usd
Occurred
Jun 30, 2025
Marked down across lenders
Hollander Intermediate LLC term loan: marked from 97 to 92 cents on cost across 1 lender(s)
BDC schedule of investments
$18.8M
Occurred
Jun 30, 2025
Coupon changed
Hollander Intermediate LLC term loan: spread moved from 8.75% to 3.00%
BDC schedule of investments
$18.8M
Occurred
Jun 30, 2025
Marked down by a BDC
CION Investment Corp: fair value markdown in Hollander Intermediate LLC (97 to 92 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.917234295599524 usd
Occurred
Jun 30, 2025
Spread decreased
CION Investment Corp: spread decreased in Hollander Intermediate LLC (8.75% to 3.00%)
BDC schedule of investmentsobserved 1.1 years ago
0.03 usd
Occurred
Mar 31, 2025
Maturity extended
Hollander Intermediate LLC term loan: maturity moved from 2026-09-19 to 2027-09-19
BDC schedule of investments
$18.8M
Occurred
Mar 31, 2025
Maturity extended
CION Investment Corp: maturity extended in Hollander Intermediate LLC (2026-09-19 to 2027-09-19)
BDC schedule of investmentsobserved 1.4 years ago
Occurred
Dec 31, 2024
Borrower left every BDC schedule
Hollander Intermediate LLC term loan (unknown) left every BDC schedule after 2024-12-31 (1 lender, $65.3M last held)
BDC schedule of investments
$65.3M
Occurred
Dec 31, 2024
Mark recovered
Hollander Intermediate LLC term loan: marked from 81 to 93 cents on cost
BDC schedule of investments
$65.3M
Occurred
Dec 31, 2024
Mark recovered
Hollander Intermediate LLC term loan: marked from 67 to 99 cents on cost
BDC schedule of investments
$19.2M
Occurred
Dec 31, 2024
PIK interest added
Hollander Intermediate LLC term loan: PIK interest of 13.22% appears (was cash pay)
BDC schedule of investments
$19.2M
Occurred
Dec 31, 2024
Mark recovered
TCW Direct Lending VII LLC: fair value recovery in Hollander Intermediate LLC (81 to 93 cents on cost)
BDC schedule of investmentsobserved 5 months ago
0.933588271002533 usd
Occurred
Dec 31, 2024
PIK interest added
CION Investment Corp: pik added in Hollander Intermediate LLC (0.00% to 13.22%)
BDC schedule of investmentsobserved 1 months ago
0.1322 usd
Occurred
Dec 31, 2024
PIK interest added
BCP Investment Corp: pik added in Hollander Intermediate LLC (0.00% to 10.58%)
BDC schedule of investmentsobserved 10 months ago
0.1058 usd
Occurred
Dec 31, 2024
Mark recovered
BCP Investment Corp: fair value recovery in Hollander Intermediate LLC (87 to 107 cents on cost)
BDC schedule of investmentsobserved 10 months ago
1.06544771018455 usd
Occurred
Dec 31, 2024
Mark recovered
CION Investment Corp: fair value recovery in Hollander Intermediate LLC (89 to 99 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.989159739384408 usd
Occurred
Dec 31, 2024
BDC left a facility
BCP Investment Corp no longer holds Hollander Intermediate LLC term loan after 2024-12-31; 1 BDC(s) still hold it
BDC schedule of investments
$6.3M
Occurred
Sep 30, 2024
Marked down across lenders
Hollander Intermediate LLC term loan: marked from 87 to 81 cents on cost across 1 lender(s)
BDC schedule of investments
$57.4M
Occurred
Sep 30, 2024
PIK interest added
Hollander Intermediate LLC term loan: PIK interest of 10.97% appears (was cash pay)
BDC schedule of investments
$57.4M
Occurred
Sep 30, 2024
Marked down across lenders
Hollander Intermediate LLC term loan: marked from 84 to 67 cents on cost across 4 lender(s)
BDC schedule of investments
$85.1M
Occurred
Sep 30, 2024
Marked down by a BDC
BCP Investment Corp: fair value markdown in Hollander Intermediate LLC (94 to 87 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.873672647381911 usd
Occurred
Sep 30, 2024
PIK interest added
TCW Direct Lending VII LLC: pik added in Hollander Intermediate LLC (0.00% to 10.97%)
BDC schedule of investmentsobserved 1.9 years ago
0.1097 usd
Occurred
Sep 30, 2024
Marked down by a BDC
TCW Direct Lending VII LLC: fair value markdown in Hollander Intermediate LLC (87 to 81 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.813000002246414 usd
Occurred
Sep 30, 2024
Marked down by a BDC
Goldman Sachs BDC, Inc.: fair value markdown in Hollander Intermediate LLC (81 to 61 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.609048172406508 usd
Occurred
Sep 30, 2024
Marked down by a BDC
Silver Capital Holdings LLC: fair value markdown in Hollander Intermediate LLC (81 to 61 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.609077302698111 usd
Occurred
Sep 30, 2024
Marked down by a BDC
WhiteHorse Finance, Inc.: fair value markdown in Hollander Intermediate LLC (89 to 66 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.656887755102041 usd
Occurred
Sep 30, 2024
BDC left a facility
Silver Capital Holdings LLC no longer holds Hollander Intermediate LLC term loan after 2024-09-30; 1 BDC(s) still hold it
BDC schedule of investments
$25.1M
Occurred
Sep 30, 2024
BDC left a facility
WhiteHorse Finance, Inc. no longer holds Hollander Intermediate LLC term loan after 2024-09-30; 1 BDC(s) still hold it
BDC schedule of investments
$4.7M
Occurred
Sep 30, 2024
BDC left a facility
Goldman Sachs BDC, Inc. no longer holds Hollander Intermediate LLC term loan after 2024-09-30; 1 BDC(s) still hold it
BDC schedule of investments
$38.4M
Occurred
Jun 30, 2024
Marked down across lenders
Hollander Intermediate LLC term loan: marked from 90 to 84 cents on cost across 4 lender(s)
BDC schedule of investments
$84.5M

Show 9 bookkeeping events

Occurred
Dec 31, 2025
CION Investment Corp: principal increased in Hollander Intermediate LLC ($56.4M principal)
Occurred
Mar 31, 2025
TCW Direct Lending VII LLC: position exited in Hollander Intermediate LLC ($65.3M principal)
Occurred
Mar 31, 2025
BCP Investment Corp: position exited in Hollander Intermediate LLC ($6.3M principal)
Occurred
Dec 31, 2024
Silver Capital Holdings LLC: position exited in Hollander Intermediate LLC ($25.1M principal)
Occurred
Dec 31, 2024
Goldman Sachs BDC, Inc.: position exited in Hollander Intermediate LLC ($38.4M principal)
Occurred
Dec 31, 2024
WhiteHorse Finance, Inc.: position exited in Hollander Intermediate LLC ($4.7M principal)
Occurred
Dec 31, 2024
CION Investment Corp: principal increased in Hollander Intermediate LLC ($19.2M principal)
Occurred
Dec 31, 2024
BCP Investment Corp: principal increased in Hollander Intermediate LLC ($6.3M principal)
Occurred
Dec 31, 2024
TCW Direct Lending VII LLC: principal increased in Hollander Intermediate LLC ($65.3M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:b297e4cf-60c4-2368-6f07-1d023524084d
First observed: Sep 30, 2022
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.

Hollander Intermediate LLC

sponsor (inference, pe portfolio stem): Stellus Capital Management, LLC

Search this name across graphsid dfx:pc:b297e4cf-60c4-2368-6f07-1d023524084d

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

n/a

Unknown

Jun 30, 2026

Term loan

unknown

$65.3M

$57.0M

Sep 21, 2026

Xbrl fact

Unknown

Dec 31, 2024

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

CION Investment Corp

n/a

Jun 30, 2026