DFX Intelligence

Data Factory

Foundation Building Materials, Inc

Private Credit

Search this name across graphsid dfx:pc:e0202509-a391-d5e4-ab4f-2f02389519b1

Data as of Dec 31, 2025 (this record's last observation) from The BDC tape; Adviser-reported credit funds; Deal parties; Pending. Page built Sep 21, 2026, 7:45 PM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 0
Observed: Dec 31, 2021 to Dec 31, 2025
1 observations

Right now

one signal names this record (all private credit signals)

#1NewSignalPrivate creditCredit deterioration

Foundation Building Materials, Inc: lender marks fell to 92 cents across 1 BDC lenders

State NEW at the 2025-03-31 quarter end, readable when the filing landed on 2025-05-13.

Exposure: $38.4M 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

Credit Attention / portfolio monitorMar 31, 2025 · 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: 11
BDCs: 1
Facilities: 2
Principal, latest: $0pieces as filed; a lower bound
Fair value, latest: $0
First on a schedule: Dec 31, 2021
Last on a schedule: Dec 31, 2025

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
other	unknown	$12.8M	$12.8M	Jan 29, 2031	Html schedule	0	n/a	2	3	Unknown	Sep 30, 2025
Term loan	First lien	$0	$0	n/a	n/a	0	n/a	1	8	Unknown	Dec 31, 2025

Relationships

No published relationship touches this entity yet.

Dated events

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

Occurred
Dec 31, 2025
Borrower left every BDC schedule
Foundation Building Materials, Inc term loan (first lien) left every BDC schedule after 2025-12-31 (6 lenders, $.0M last held)
BDC schedule of investments
0 usd
Occurred
Sep 30, 2025
Borrower left every BDC schedule
Foundation Building Materials, Inc other (unknown) left every BDC schedule after 2025-09-30 (2 lenders, $12.8M last held)
BDC schedule of investments
$12.8M
Occurred
Sep 30, 2025
Spread decreased
Onex Direct Lending BDC Fund: spread decreased in Foundation Building Materials, Inc (5.25% to 4.25%)
BDC schedule of investmentsobserved 10 months ago
0.0425 usd
Occurred
Sep 30, 2025
BDC joined a facility
Barings Private Credit Corp joins Foundation Building Materials, Inc term loan (first lien) held by 5 other BDCs
BDC schedule of investments
0 usd
Occurred
Jun 30, 2025
Mark recovered
Foundation Building Materials, Inc term loan: marked from 95 to 100 cents on cost
BDC schedule of investments
$78.4M
Occurred
Jun 30, 2025
Mark recovered
Franklin BSP Capital Corp: fair value recovery in Foundation Building Materials, Inc (91 to 98 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.982424399069527 usd
Occurred
Jun 30, 2025
Mark recovered
Fidelity Private Credit Fund: fair value recovery in Foundation Building Materials, Inc (91 to 98 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.977928426200825 usd
Occurred
Jun 30, 2025
BDC joined a facility
Onex Direct Lending BDC Fund joins Foundation Building Materials, Inc term loan (first lien) held by 5 other BDCs
BDC schedule of investments
$3.0M
Occurred
Jun 30, 2025
Mark recovered
Blue Owl Credit Income Corp.: fair value recovery in Foundation Building Materials, Inc (91 to 98 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.981520966595594 usd
Occurred
Jun 30, 2025
Mark recovered
BlackRock Private Credit Fund: fair value recovery in Foundation Building Materials, Inc (92 to 99 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.990978608390687 usd
Occurred
Jun 30, 2025
Mark recovered
Crescent Private Credit Income Corp: fair value recovery in Foundation Building Materials, Inc (92 to 102 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
1.01748251748252 usd
Occurred
Jun 30, 2025
Spread increased
Crescent Private Credit Income Corp: spread increased in Foundation Building Materials, Inc (4.00% to 5.25%)
BDC schedule of investmentsobserved 1.1 years ago
0.0525 usd
Occurred
Mar 31, 2025
Maturity shortened
Apollo Debt Solutions BDC: maturity shortened in Foundation Building Materials, Inc (2031-01-29 to 2028-01-31)
BDC schedule of investmentsobserved 1.4 years ago
Occurred
Mar 31, 2025
Marked down by a BDC
Fidelity Private Credit Fund: fair value markdown in Foundation Building Materials, Inc (98 to 91 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
0.907562040975443 usd
Occurred
Mar 31, 2025
Marked down by a BDC
Crescent Private Credit Income Corp: fair value markdown in Foundation Building Materials, Inc (99 to 92 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
0.920977011494253 usd
Occurred
Mar 31, 2025
Marked down by a BDC
Blue Owl Credit Income Corp.: fair value markdown in Foundation Building Materials, Inc (99 to 91 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
0.910914155482401 usd

Show 24 bookkeeping events

Occurred
Mar 31, 2026
Barings Private Credit Corp: position exited in Foundation Building Materials, Inc ($.0M principal)
Occurred
Dec 31, 2025
Blue Owl Credit Income Corp.: position exited in Foundation Building Materials, Inc ($19.7M principal)
Occurred
Dec 31, 2025
Crescent Private Credit Income Corp: position exited in Foundation Building Materials, Inc ($2.1M principal)
Occurred
Dec 31, 2025
Fidelity Private Credit Fund: position exited in Foundation Building Materials, Inc ($6.9M principal)
Occurred
Dec 31, 2025
BlackRock Private Credit Fund: position exited in Foundation Building Materials, Inc ($2.9M principal)
Occurred
Dec 31, 2025
Blackstone Private Credit Fund: position exited in Foundation Building Materials, Inc ($5.0M principal)
Occurred
Dec 31, 2025
Goldman Sachs Private Credit Corp.: position exited in Foundation Building Materials, Inc ($4.9M principal)
Occurred
Dec 31, 2025
Franklin BSP Capital Corp: position exited in Foundation Building Materials, Inc ($7.8M principal)
Occurred
Dec 31, 2025
Onex Direct Lending BDC Fund: position exited in Foundation Building Materials, Inc ($3.0M principal)
Occurred
Dec 31, 2025
Apollo Debt Solutions BDC: position exited in Foundation Building Materials, Inc ($38.7M principal)
Occurred
Sep 30, 2025
Barings Private Credit Corp: new position in Foundation Building Materials, Inc ($.0M principal)
Occurred
Sep 30, 2025
Blackstone Private Credit Fund: principal decreased in Foundation Building Materials, Inc ($5.0M principal)
Occurred
Jun 30, 2025
Crescent Private Credit Income Corp: principal increased in Foundation Building Materials, Inc ($2.1M principal)
Occurred
Jun 30, 2025
Onex Direct Lending BDC Fund: new position in Foundation Building Materials, Inc ($3.0M principal)
Occurred
Jun 30, 2025
Blackstone Private Credit Fund: principal decreased in Foundation Building Materials, Inc ($17.3M principal)
Occurred
Jun 30, 2025
Goldman Sachs Private Credit Corp.: principal decreased in Foundation Building Materials, Inc ($4.9M principal)
Occurred
Jun 30, 2025
Apollo Debt Solutions BDC: principal decreased in Foundation Building Materials, Inc ($38.8M principal)
Occurred
Mar 31, 2025
Apollo Debt Solutions BDC: principal increased in Foundation Building Materials, Inc ($42.9M principal)
Occurred
Mar 31, 2025
Crescent Private Credit Income Corp: principal decreased in Foundation Building Materials, Inc ($.7M principal)
Occurred
Mar 31, 2025
Blue Owl Credit Income Corp.: principal decreased in Foundation Building Materials, Inc ($19.8M principal)
Occurred
Mar 31, 2025
Franklin BSP Capital Corp: principal decreased in Foundation Building Materials, Inc ($7.8M principal)
Occurred
Mar 31, 2025
Fidelity Private Credit Fund: principal decreased in Foundation Building Materials, Inc ($6.9M principal)
Occurred
Mar 31, 2025
BlackRock Private Credit Fund: principal increased in Foundation Building Materials, Inc ($2.9M principal)
Occurred
Mar 31, 2025
Blackstone Private Credit Fund: principal decreased in Foundation Building Materials, Inc ($20.3M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:e0202509-a391-d5e4-ab4f-2f02389519b1
First observed: Dec 31, 2021
Last observed: Dec 31, 2025 8 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.

Foundation Building Materials, Inc

Private Credit

Search this name across graphsid dfx:pc:e0202509-a391-d5e4-ab4f-2f02389519b1

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

other

unknown

$12.8M

Jan 29, 2031

Html schedule

n/a

Unknown

Sep 30, 2025

Term loan

First lien

n/a

Unknown

Dec 31, 2025