DFX Intelligence

Data Factory

The intelligence graph connecting private capital, companies and real assets. Public records ingested on their own cadence, resolved to one identity by shared identifier, connected by typed relationships with a date and a source on every edge, and read by detectors that say what changed and what it means. Facts, derived metrics, signals, anomalies and inferences are labelled as such.

179 private credit facilities were marked down across two or more lenders at 2026-06-30; Trucordia Insurance Holdings, LLC fell 7 points | DFX Data Factory

FactPrivate creditconfidence high

179 private credit facilities were marked down across two or more lenders at 2026-06-30; Trucordia Insurance Holdings, LLC fell 7 points

observed in a filing or announcement; the statement is the source's

What happened

At the 2026-06-30 quarter end, 439 facilities were marked down by five points or more to below 95 cents on cost, 179 of them by two or more BDC lenders at once, across 360 borrowers, with a mean fall of 17.1 points. Largest by visible principal: Trucordia Insurance Holdings, LLC term_loan marked 98 to 91 cents across 4 lenders ($511M held); Cornerstone OnDemand, Inc term_loan marked 73 to 62 cents across 6 lenders ($509M held); BVI Medical, Inc term_loan marked 95 to 87 cents across 5 lenders ($388M held); Pluralsight, LLC term_loan marked 60 to 48 cents across 14 lenders ($351M held); Storable, Inc term_loan marked 96 to 89 cents across 3 lenders ($280M held); Medallia, Inc term_loan marked 66 to 41 cents across 3 lenders ($277M held).

Why it is notable

When several lenders mark the same loan down in the same quarter it is a view about the borrower, not one manager's valuation policy: the agreement between filers is what makes the mark worth reading. It is a price, not a default, and DFX never calls it one.

When

Occurred: Jun 30, 2026
Window: Jun 30, 2026 to Jun 30, 2026
First detected: Sep 15, 2026, 7:01 PM UTC
Last confirmed: Sep 18, 2026, 3:44 AM UTC

Entities involved

borrower
Trucordia Insurance Holdings, LLC
borrower
Cornerstone OnDemand, Inc
borrower
BVI Medical, Inc
borrower
Pluralsight, LLC
borrower
Storable, Inc
borrower
Medallia, Inc
borrower

What supports it

30 evidence rows

event
Trucordia Insurance Holdings, LLC term loan: marked from 98 to 91 cents on cost across 4 lender(s); lenders Blue Owl Capital Corp, Blue Owl Credit Income Corp., Blue Owl Technology Finance Corp., Blue Owl Technology Income Corp.
sec_bdc_xbrl_soiJun 30, 2026pc_pub_event.event_id=10c48a2b-d604-9531-a5ac-31cb4333d0f0
event
Cornerstone OnDemand, Inc term loan: marked from 73 to 62 cents on cost across 6 lender(s); lenders ARES CAPITAL CORP, ARES STRATEGIC INCOME FUND, Blue Owl Capital Corp, Blue Owl Capital Corp II
sec_bdc_xbrl_soiJun 30, 2026pc_pub_event.event_id=b50e88ee-60d6-cd4f-6f83-2e5e3405a959
event
BVI Medical, Inc term loan: marked from 95 to 87 cents on cost across 5 lender(s); lenders ARES CAPITAL CORP, ARES STRATEGIC INCOME FUND, CCS IX Portfolio Holdings, LLC, Crescent Capital BDC, Inc.
sec_bdc_xbrl_soiJun 30, 2026pc_pub_event.event_id=76e6ec26-ad8f-1f53-8f25-4227a39da5c8
event
Pluralsight, LLC term loan: marked from 60 to 48 cents on cost across 14 lender(s); lenders ARES CAPITAL CORP, BlackRock Direct Lending Corp., BlackRock TCP Capital Corp., Blue Owl Capital Corp
sec_bdc_xbrl_soiJun 30, 2026pc_pub_event.event_id=a5f85afc-ef25-e663-aa5f-fa4e6cbe2da5
event
Storable, Inc term loan: marked from 96 to 89 cents on cost across 3 lender(s); lenders Blue Owl Credit Income Corp., Blue Owl Technology Finance Corp., Blue Owl Technology Income Corp.

Metrics

as of: Jun 30, 2026
borrowers: 360
facilities: 439
mean points: 17
multi lender: 179

rows

lien	mark	points	lenders	borrower	industry	prior mark	borrower id	facility id	sponsor name	facility type	maturity date	sponsor basis	principal lower bound
second_lien	1	7	4	Trucordia Insurance Holdings, LLC

Method and coverage

Detector: PC_FACILITY_MARKED_DOWN v1
Kind: FACT: observed in a filing or announcement; the statement is the source's
Query: pc_pub_event FAIR_VALUE_DECLINE at the latest effective_at with detail->>'lenders' >= 2
Coverage: A mark is the filer's own fair value over its own cost, never an impairment, a non-accrual or a default. The family credit.fair_value_decline was measured by the private credit lane at 0.92 on 55 blind labels (public_only). Principal is a lower bound: it is the sum of the pieces held by BDCs that file an XBRL schedule of investments, so any part of the loan held by a bank, a private credit fund or an insurer is not counted.