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Private creditBorrowermachineryaunknown

Rapid Buyer LLC

Private Credit

Search this name across graphsid dfx:pc:b490274d-1951-4fce-2d50-a1912456e389

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 19, 2026, 6:58 PM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 0
Observed: Dec 31, 2023 to Jun 30, 2026
16 observations

Right now

one signal names this record (all private credit signals)

#1NewSignalPrivate creditCredit deterioration

Rapid Buyer LLC: lender marks fell to 92 cents across 4 BDC lenders

State NEW at the 2025-12-31 quarter end, readable when the filing landed on 2026-08-05.

Exposure: $13.7M 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

Barings Private Credit Corp · lender Barings BDC, Inc. · lender Barings Capital Investment Corp · lender Manulife Private Credit Fund · lender

Credit Attention / portfolio monitorDec 31, 2025 · seen 2 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: 5
Principal, latest: $18.1Mpieces as filed; a lower bound
Fair value, latest: $19.4M
Mark ratio: 133%fair value over cost, latest
Next maturity: Oct 15, 2030
First on a schedule: Dec 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	$13.8M	$13.6M	n/a	n/a	0	n/a	3	3	Unknown	Jun 30, 2026
Term loan	unknown	$2.4M	$2.5M	Oct 15, 2030	Xbrl fact	0	n/a	1	1	Unknown	Jun 30, 2026
Delayed draw	unknown	$1.3M	$1.3M	Oct 15, 2030	Xbrl fact	n/a	n/a	4	4	Unknown	Jun 30, 2026
revolver	unknown	$647,793	$622,793	Oct 15, 2030	Xbrl fact	0	n/a	4	4	Unknown	Jun 30, 2026
Common equity	equity	n/a	$1.4M	n/a	n/a	n/a	n/a	3	3	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; 16 rows folded into 4

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
Barings BDC, Inc.	4	$5.4M	$5.8M	$4.4M	n/a	Jun 30, 2026
Barings Private Credit Corp	4	$5.2M	$5.6M	$4.3M	n/a	Jun 30, 2026
Manulife Private Credit Fund	4	$4.3M	$4.4M	$0	Oct 15, 2030	Jun 30, 2026
Barings Capital Investment Corp	4	$3.2M	$3.5M	$2.6M	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
Mar 31, 2026
Mark recovered
Barings BDC, Inc.: fair value recovery in Rapid Buyer LLC (92 to 100 cents on cost)
BDC schedule of investmentsobserved 4 months ago
1.00168823860439 usd
Occurred
Mar 31, 2026
Mark recovered
Barings Private Credit Corp: fair value recovery in Rapid Buyer LLC (92 to 100 cents on cost)
BDC schedule of investmentsobserved 4 months ago
1.00156555772994 usd
Occurred
Mar 31, 2026
Mark recovered
Barings Capital Investment Corp: fair value recovery in Rapid Buyer LLC (92 to 100 cents on cost)
BDC schedule of investmentsobserved 4 months ago
1.00125825731362 usd
Occurred
Dec 31, 2025
Marked down across lenders
Rapid Buyer LLC term loan: marked from 98 to 92 cents on cost across 3 lender(s)
BDC schedule of investments
$17.1M
Occurred
Dec 31, 2025
Marked down by a BDC
Barings Capital Investment Corp: fair value markdown in Rapid Buyer LLC (98 to 92 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.915647538413296 usd
Occurred
Dec 31, 2025
Marked down by a BDC
Barings BDC, Inc.: fair value markdown in Rapid Buyer LLC (98 to 92 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.915669409124906 usd
Occurred
Dec 31, 2025
Marked down by a BDC
Barings Private Credit Corp: fair value markdown in Rapid Buyer LLC (98 to 92 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.915723761217323 usd
Occurred
Dec 31, 2024
BDC joined a facility
Manulife Private Credit Fund joins Rapid Buyer LLC revolver (unknown) held by 3 other BDCs
BDC schedule of investments
$647,793
Occurred
Dec 31, 2024
BDC joined a facility
Manulife Private Credit Fund joins Rapid Buyer LLC delayed draw (unknown) held by 3 other BDCs
BDC schedule of investments
$1.3M
Occurred
Dec 31, 2023
Borrower first appears on a BDC schedule
Rapid Buyer LLC first appears in a BDC schedule (3 lenders)
Barings BDC, Inc.BDC schedule of investmentsobserved 1.6 years ago

Show 30 bookkeeping events

Occurred
Mar 31, 2026
Rapid Buyer LLC term loan: marked from 92 to 100 cents on cost
Occurred
Mar 31, 2026
Barings Capital Investment Corp: principal decreased in Rapid Buyer LLC ($3.2M principal)
Occurred
Dec 31, 2025
Barings Capital Investment Corp: principal increased in Rapid Buyer LLC ($6.5M principal)
Occurred
Mar 31, 2025
Manulife Private Credit Fund: principal decreased in Rapid Buyer LLC ($2.4M principal)
Occurred
Mar 31, 2025
Barings Private Credit Corp: principal decreased in Rapid Buyer LLC ($5.2M principal)
Occurred
Mar 31, 2025
Barings BDC, Inc.: principal decreased in Rapid Buyer LLC ($5.4M principal)
Occurred
Dec 31, 2024
Manulife Private Credit Fund: new position in Rapid Buyer LLC ($.6M principal)
Occurred
Dec 31, 2024
Barings Capital Investment Corp: new position in Rapid Buyer LLC
Occurred
Dec 31, 2024
Manulife Private Credit Fund: new position in Rapid Buyer LLC ($1.3M principal)
Occurred
Dec 31, 2024
Barings Private Credit Corp: new position in Rapid Buyer LLC
Occurred
Dec 31, 2024
Barings BDC, Inc.: new position in Rapid Buyer LLC
Occurred
Dec 31, 2024
Barings BDC, Inc.: new position in Rapid Buyer LLC ($10.9M principal)
Occurred
Dec 31, 2024
Barings Private Credit Corp: new position in Rapid Buyer LLC ($.0M principal)
Occurred
Dec 31, 2024
Barings BDC, Inc.: new position in Rapid Buyer LLC
Occurred
Dec 31, 2024
Barings BDC, Inc.: new position in Rapid Buyer LLC ($.0M principal)
Occurred
Dec 31, 2024
Manulife Private Credit Fund: new position in Rapid Buyer LLC ($4.8M principal)
Occurred
Dec 31, 2024
Barings Private Credit Corp: new position in Rapid Buyer LLC
Occurred
Dec 31, 2024
Barings Capital Investment Corp: new position in Rapid Buyer LLC
Occurred
Dec 31, 2024
Barings Capital Investment Corp: new position in Rapid Buyer LLC ($3.2M principal)
Occurred
Dec 31, 2024
Barings Capital Investment Corp: new position in Rapid Buyer LLC
Occurred
Dec 31, 2024
Barings Private Credit Corp: new position in Rapid Buyer LLC ($10.4M principal)
Occurred
Mar 31, 2024
Barings Private Credit Corp: position exited in Rapid Buyer LLC
Occurred
Mar 31, 2024
Barings BDC, Inc.: position exited in Rapid Buyer LLC
Occurred
Mar 31, 2024
Barings Capital Investment Corp: position exited in Rapid Buyer LLC
Occurred
Mar 31, 2024
Barings Capital Investment Corp: position exited in Rapid Buyer LLC
Occurred
Mar 31, 2024
Barings Private Credit Corp: position exited in Rapid Buyer LLC
Occurred
Mar 31, 2024
Barings BDC, Inc.: position exited in Rapid Buyer LLC
Occurred
Dec 31, 2023
Barings Capital Investment Corp: new position in Rapid Buyer LLC
Occurred
Dec 31, 2023
Barings Capital Investment Corp: new position in Rapid Buyer LLC
Occurred
Dec 31, 2023
Barings BDC, Inc.: new position in Rapid Buyer LLC

Provenance

Graph: Private Credit
Canonical id: dfx:pc:b490274d-1951-4fce-2d50-a1912456e389
First observed: Dec 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.

Rapid Buyer LLC

Private Credit

Search this name across graphsid dfx:pc:b490274d-1951-4fce-2d50-a1912456e389

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$13.8M

$13.6M

n/a

Unknown

Jun 30, 2026

Term loan

unknown

$2.4M

$2.5M

Oct 15, 2030

Xbrl fact

n/a

Unknown

Jun 30, 2026

Delayed draw

unknown

$1.3M

Oct 15, 2030

Xbrl fact

n/a

Unknown

Jun 30, 2026

revolver

unknown

$647,793

$622,793

Oct 15, 2030

Xbrl fact

n/a

Unknown

Jun 30, 2026

Common equity

equity

n/a

$1.4M

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

Barings BDC, Inc.

$5.4M

$5.8M

$4.4M

n/a

Jun 30, 2026

Barings Private Credit Corp

$5.2M

$5.6M

$4.3M

n/a

Jun 30, 2026

Manulife Private Credit Fund

$4.3M

$4.4M

Oct 15, 2030

Jun 30, 2026

Barings Capital Investment Corp

$3.2M

$3.5M

$2.6M

n/a

Jun 30, 2026