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ORL Acquisition, Inc

Private Credit

Search this name across graphsid dfx:pc:d52f283a-1a30-2857-6d3b-2ff6f9bff940

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, 5:33 AM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 0
Observed: Sep 30, 2022 to Jun 30, 2026
5 observations

Right now

3 signals name this record (all private credit signals)

#1IntensifiedSignalPrivate creditCredit deterioration (intensified)

ORL Acquisition, Inc: lender marks fell to 60 cents across 2 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2026-03-31 quarter end, readable when the filing landed on 2026-05-07.

Exposure: $12.2M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

PennantPark Floating Rate Capital Ltd. · lender PENNANTPARK INVESTMENT CORP · lender

Credit Attention / portfolio monitorMar 31, 2026 · seen 2 days ago

#2IntensifiedSignalPrivate creditCredit deterioration (intensified)

ORL Acquisition, Inc: lender marks fell to 80 cents across 2 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2025-12-31 quarter end, readable when the filing landed on 2026-02-09.

Exposure: $12.1M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

PennantPark Floating Rate Capital Ltd. · lender PENNANTPARK INVESTMENT CORP · lender

Credit Attention / portfolio monitorDec 31, 2025 · seen 2 days ago

#3NewSignalPrivate creditCredit deterioration

ORL Acquisition, Inc: lender marks fell to 91 cents across 2 BDC lenders

State NEW at the 2025-09-30 quarter end, readable when the filing landed on 2026-08-10.

Exposure: $11.8M 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

PennantPark Floating Rate Capital Ltd. · lender PENNANTPARK INVESTMENT CORP · lender

Credit Attention / portfolio monitorSep 30, 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: 2
BDCs: 2
Facilities: 2
Principal, latest: $15.6Mpieces as filed; a lower bound
Fair value, latest: $10.4M
Mark ratio: 68%fair value over cost, latest
Next maturity: Sep 3, 2027
First on a schedule: Sep 30, 2022
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	$15.2M	$10.2M	Sep 3, 2027	Xbrl fact	0	0	2	2	Unknown	Jun 30, 2026
revolver	First lien	$376,000	$252,000	Sep 3, 2027	Xbrl fact	0	n/a	2	2	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; 5 rows folded into 2

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
PennantPark Floating Rate Capital Ltd.	3	$10.7M	$7.2M	$0	Sep 3, 2027	Jun 30, 2026
PENNANTPARK INVESTMENT CORP	2	$4.8M	$3.2M	$0	Sep 3, 2027	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

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

Scheduled
Sep 3, 2027
Facility matures inside 24 months
ORL Acquisition, Inc revolver (first lien) matures 2027-09-03 (inside 18 months; $.2M held by 2 BDCs)
BDC schedule of investments
$154,000
Scheduled
Sep 3, 2027
Facility matures inside 24 months
ORL Acquisition, Inc revolver (first lien) matures 2027-09-03 (inside 24 months; $.2M held by 2 BDCs)
BDC schedule of investments
$154,000
Scheduled
Sep 3, 2027
Facility matures inside 24 months
ORL Acquisition, Inc term loan (first lien) matures 2027-09-03 (inside 18 months; $7.0M held by 2 BDCs)
BDC schedule of investments
$7.0M
Scheduled
Sep 3, 2027
Facility matures inside 24 months
ORL Acquisition, Inc term loan (first lien) matures 2027-09-03 (inside 24 months; $7.0M held by 2 BDCs)
BDC schedule of investments
$7.0M
Occurred
Jun 30, 2026
Coupon changed
ORL Acquisition, Inc revolver: spread moved from 6.25% to 7.40%
BDC schedule of investments
$154,000
Occurred
Jun 30, 2026
Mark recovered
PENNANTPARK INVESTMENT CORP: fair value recovery in ORL Acquisition, Inc (59 to 67 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.672961373390558 usd
Occurred
Jun 30, 2026
Mark recovered
PennantPark Floating Rate Capital Ltd.: fair value recovery in ORL Acquisition, Inc (59 to 67 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.671171171171171 usd
Occurred
Jun 30, 2026
Spread increased
PENNANTPARK INVESTMENT CORP: spread increased in ORL Acquisition, Inc (6.25% to 7.40%)
BDC schedule of investmentsobserved 1 months ago
0.074 usd
Occurred
Jun 30, 2026
Mark recovered
PENNANTPARK INVESTMENT CORP: fair value recovery in ORL Acquisition, Inc (59 to 67 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.668831168831169 usd
Occurred
Jun 30, 2026
Mark recovered
PennantPark Floating Rate Capital Ltd.: fair value recovery in ORL Acquisition, Inc (60 to 67 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.67219387755102 usd
Occurred
Mar 31, 2026
Marked down across lenders
ORL Acquisition, Inc term loan: marked from 80 to 60 cents on cost across 2 lender(s)
BDC schedule of investments
$14.8M
Occurred
Mar 31, 2026
Marked down by a BDC
PennantPark Floating Rate Capital Ltd.: fair value markdown in ORL Acquisition, Inc (80 to 60 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.604085310904175 usd
Occurred
Mar 31, 2026
Marked down by a BDC
PENNANTPARK INVESTMENT CORP: fair value markdown in ORL Acquisition, Inc (78 to 59 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.593066902185913 usd
Occurred
Dec 31, 2025
Marked down across lenders
ORL Acquisition, Inc term loan: marked from 91 to 80 cents on cost across 2 lender(s)
BDC schedule of investments
$14.7M
Occurred
Dec 31, 2025
Marked down by a BDC
PennantPark Floating Rate Capital Ltd.: fair value markdown in ORL Acquisition, Inc (91 to 80 cents on cost)
BDC schedule of investmentsobserved 7 months ago
0.80139337641357 usd
Occurred
Dec 31, 2025
Marked down by a BDC
PENNANTPARK INVESTMENT CORP: fair value markdown in ORL Acquisition, Inc (89 to 78 cents on cost)
BDC schedule of investmentsobserved 7 months ago
0.784635879218472 usd
Occurred
Sep 30, 2024
Mark recovered
ORL Acquisition, Inc term loan: marked from 79 to 86 cents on cost
BDC schedule of investments
$31.6M
Occurred
Sep 30, 2024
Mark recovered
PENNANTPARK INVESTMENT CORP: fair value recovery in ORL Acquisition, Inc (79 to 86 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.859456884230586 usd
Occurred
Sep 30, 2024
Mark recovered
PennantPark Floating Rate Capital Ltd.: fair value recovery in ORL Acquisition, Inc (79 to 86 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.859408486926704 usd
Occurred
Jun 30, 2024
PIK interest increased
ORL Acquisition, Inc term loan: PIK interest rose from 2.00% to 7.50%
BDC schedule of investments
$8.7M
Occurred
Jun 30, 2024
Coupon changed
ORL Acquisition, Inc term loan: spread moved from 7.40% to 9.40%
BDC schedule of investments
$8.7M
Occurred
Jun 30, 2024
Spread increased
PENNANTPARK INVESTMENT CORP: spread increased in ORL Acquisition, Inc (7.40% to 9.40%)
BDC schedule of investmentsobserved 2.1 years ago
0.094 usd
Occurred
Jun 30, 2024
PIK interest increased
PennantPark Floating Rate Capital Ltd.: pik increased in ORL Acquisition, Inc (2.00% to 7.50%)
BDC schedule of investmentsobserved 2.1 years ago
0.075 usd
Occurred
Jun 30, 2024
PIK interest increased
PENNANTPARK INVESTMENT CORP: pik increased in ORL Acquisition, Inc (2.00% to 7.50%)
BDC schedule of investmentsobserved 2.1 years ago
0.075 usd
Occurred
Mar 31, 2024
Marked down across lenders
ORL Acquisition, Inc term loan: marked from 86 to 79 cents on cost across 2 lender(s)
BDC schedule of investments
$8.7M
Occurred
Mar 31, 2024
PIK interest added
ORL Acquisition, Inc term loan: PIK interest of 2.00% appears (was cash pay)
BDC schedule of investments
$8.7M
Occurred
Mar 31, 2024
Coupon changed
ORL Acquisition, Inc term loan: spread moved from 7.40% to 9.40%
BDC schedule of investments
$8.7M

Show 13 bookkeeping events

Occurred
Jun 30, 2026
ORL Acquisition, Inc revolver: marked from 59 to 67 cents on cost
Occurred
Jun 30, 2026
ORL Acquisition, Inc term loan: marked from 60 to 67 cents on cost
Occurred
Dec 31, 2025
PennantPark Floating Rate Capital Ltd.: principal decreased in ORL Acquisition, Inc ($10.2M principal)
Occurred
Dec 31, 2025
PennantPark Floating Rate Capital Ltd.: principal decreased in ORL Acquisition, Inc ($.2M principal)
Occurred
Sep 30, 2025
PennantPark Floating Rate Capital Ltd.: principal increased in ORL Acquisition, Inc ($.6M principal)
Occurred
Sep 30, 2025
PennantPark Floating Rate Capital Ltd.: principal increased in ORL Acquisition, Inc ($9.9M principal)
Occurred
Dec 31, 2024
PennantPark Floating Rate Capital Ltd.: principal decreased in ORL Acquisition, Inc ($4.8M principal)
Occurred
Dec 31, 2024
PENNANTPARK INVESTMENT CORP: principal decreased in ORL Acquisition, Inc ($4.3M principal)
Occurred
Dec 31, 2024
PennantPark Floating Rate Capital Ltd.: principal decreased in ORL Acquisition, Inc ($.2M principal)
Occurred
Sep 30, 2024
PENNANTPARK INVESTMENT CORP: principal increased in ORL Acquisition, Inc ($12.7M principal)
Occurred
Sep 30, 2024
PennantPark Floating Rate Capital Ltd.: principal increased in ORL Acquisition, Inc ($.6M principal)
Occurred
Sep 30, 2024
PennantPark Floating Rate Capital Ltd.: principal increased in ORL Acquisition, Inc ($18.9M principal)
Occurred
Mar 31, 2024
PENNANTPARK INVESTMENT CORP: principal decreased in ORL Acquisition, Inc ($.1M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:d52f283a-1a30-2857-6d3b-2ff6f9bff940
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.

ORL Acquisition, Inc

Private Credit

Search this name across graphsid dfx:pc:d52f283a-1a30-2857-6d3b-2ff6f9bff940

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$15.2M

$10.2M

Sep 3, 2027

Xbrl fact

Unknown

Jun 30, 2026

revolver

First lien

$376,000

$252,000

Sep 3, 2027

Xbrl fact

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

PennantPark Floating Rate Capital Ltd.

$10.7M

$7.2M

Sep 3, 2027

Jun 30, 2026

PENNANTPARK INVESTMENT CORP

$4.8M

$3.2M

Sep 3, 2027

Jun 30, 2026