Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
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M••••• F•••••••• I••••••••• C•••
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $2.8B | 268 | 94c | 25 | 521 bp |
| Mar 31, 2026 | $3.0B | 276 | 95c | 24 | 527 bp |
| Dec 31, 2025 | $3.2B | 293 | 97c | 36 | 525 bp |
| Sep 30, 2025 | $3.2B | 291 | 98c | 44 | 527 bp |
| Jun 30, 2025 | $3.5B | 298 | 98c | 48 | 531 bp |
| Mar 31, 2025 | $31B | 460 | 98c | 33 | 552 bp |
| Dec 31, 2024 | $31B | 526 | 100c | 40 | 557 bp |
| Sep 30, 2024 | $30B | 447 | 99c | 24 | 568 bp |
| Jun 30, 2024 | $24B | 338 | 99c | 23 | 593 bp |
| Mar 31, 2024 | $23B | 318 | 99c | 23 | 606 bp |
| Dec 31, 2023 | $21B | 329 | 101c | 21 | 630 bp |
| Sep 30, 2023 | $23B | 287 | 99c | 14 | 628 bp |
| Jun 30, 2023 | $23B | 308 | 99c | 10 | 618 bp |
| Mar 31, 2023 | $24B | 289 | 132c | 13 | 604 bp |
| Dec 31, 2022 | $26B | 284 | 119c | 25 | 588 bp |
| Mar 31, 2022 | $3.6B | 115 | n/a | 0 | n/a |
Each quarter end is the schedule as filed for that instant; a restated year end is taken from the latest filing that carries it.
Counted at BDC level here; the adviser page counts across every BDC it manages. A sponsor named by Form D signer consensus is an inference.
- New lender joined a facilityJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- C••••••••• C••••••••• C••••••••• U• H•••••• C••••••••• first lien term loan1 BDC hold it · matures Jun 30, 2029$60.9M 99c
- L••••• L••• O•••• L•• first lien term loan2 BDCs hold it · matures Sep 18, 2027$47.7M 92c
- B••••• F•••• B••••• F••• • B•••••••• L•• first lien term loan2 BDCs hold it · matures Jul 30, 2027$33.8M 100c
- T••••• S••••••••• T••••• S••••••••• L•• first lien term loan2 BDCs hold it · matures Dec 14, 2027$32.9M 89c
- A•• R••••••••• G•••••• P•••••••• L•• first lien term loan2 BDCs hold it · matures May 17, 2027$32.4M 99c
- M•••••• G••••••• M•••••• G•••••••• L•• first lien term loan2 BDCs hold it · matures Apr 26, 2028$30.6M 101c
- T•• W•••••• C•••••• Z••••• B••••• L•• first lien term loan1 BDC hold it · matures Jan 31, 2031$30.2M 100c
- L••••• L•• first lien term loan2 BDCs hold it · matures Feb 2, 2029$29.1M 99c
- V••••••••• B••••••• L•••••• first lien term loan3 BDCs hold it · matures Aug 6, 2030$29.0M 100c
- H••••• first lien term loan2 BDCs hold it · matures Jul 1, 2027$28.6M 88c
- U• L•••• S•••••• U••• A••••••••• I•• first lien term loan1 BDC hold it · matures Jun 1, 2027$27.9M 100c
- T••••• H••• T••• C•• L•• first lien term loan2 BDCs hold it · matures Jan 31, 2028$27.5M 99c
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| M••• C••••••• M••••••••• L•• Consumer Staples Distribution & Retail | term loan first lien | $4.2M | $4.1M 100c | SOFR+450 bp | Dec 23, 2029 |
| A•••••••••, LLC A••••••••• L•• Technology Hardware, Storage & Peripherals | term loan first lien | $4.2M | $4.1M 100c | SOFR+500 bp | Jan 2, 2031 |
| R•••••••• V••••••••• P•••••••• I••. H••••• C••• Providers & Services | term loan first lien | $4.2M | $4.1M 100c | SOFR+525 bp | Apr 18, 2030 |
| J••••••• L•• F••• Products | term loan first lien | $4.2M | $4.1M 100c | SOFR+500 bp | Dec 15, 2031 |
| D••••••• M••••••• B•••••••• L•• Construction & Engineering | term loan first lien | $4.1M | $4.1M 101c | SOFR+475 bp | Feb 13, 2032 |
| M•••••••, M••••••• L.P. H••••• C••• Technology | term loan first lien | $4.1M | $4.1M 100c | SOFR+450 bp | Sep 30, 2032 |
| R•• S••••••• R•• H••••• L•• Personal C••• Products | delayed draw term loan first lien | $4.1M | $4.1M 100c | SOFR+525 bp | Feb 21, 2031 |
| V••••••••• B••••••• L•••••• IT Services | revolver first lien | $4.1M | $4.0M 100c | SOFR+500 bp | Aug 6, 2030 |
| I••••••••• C••••• • E•••••••• G••••••• I••., A••••••• I••. (I••••••••• C••••• • E•••••••• G••••••• I••) Hotels, Restaurants & Leisure | term loan first lien | $4.0M | $4.0M 45c | SOFR+600 bp | Dec 29, 2028 |
| A••••••, A•••••• H•••••••• L•• (fka CNSI Holdings, LLC) H••••• C••• Technology | term loan first lien | $3.9M | $3.9M 101c | SOFR+575 bp | Dec 17, 2029 |
| H•• H••••• M••••••••• A••••••••• S••••••••• I••. Commercial Services & Supplies | term loan first lien | $3.9M | $3.9M 101c | SOFR+525 bp | Mar 30, 2029 |
| F•••••••• S•••••••• F•••••••• I••••••••• C••• Commercial Services & Supplies | term loan first lien | $3.9M | $3.8M 99c | SOFR+550 bp | Mar 25, 2030 |
| M•••••••• C•••••• P•••••• M•• B•••• C•••. Trading Companies & Distributors | term loan first lien | $3.9M | $3.8M 99c | SOFR+475 bp | Oct 1, 2031 |
| A••••••••• L••••••• E•••• P••••••••• I••. Diversified Consumer Services | term loan first lien | $4.1M | $3.8M 93c | SOFR+150 bp PIK 5.75% | Mar 22, 2030 |
| G•••••••• B••••, Inc. Total Power L•••••• Electronic Equipment, Instruments & Components | term loan first lien | $3.8M | $3.8M 100c | SOFR+450 bp | Jul 22, 2030 |
| F••••••••• M•••••••• K• C•••••• A••••••••• C•••••• M•••• | term loan first lien | $3.8M | $3.7M 99c | SOFR+525 bp | Dec 30, 2029 |
| N•••••• G•••• G•••• F••••• I••. F••• Products | term loan first lien | $3.7M | $3.6M 99c | SOFR+525 bp | Dec 26, 2029 |
| T••••••••• T•••••••• A••••••••• H•••••••• L•• H••••• C••• Providers & Services | term loan first lien | $3.6M | $3.6M 101c | SOFR+475 bp | Nov 12, 2032 |
| M•••••, M••••• Buffalo Restaurant Group LLC Hotels, Restaurants & Leisure | delayed draw term loan first lien | $5.5M | $3.5M 66c | 10.12% | May 31, 2029 |
| A•••• I••••••• • A••••••••, ACP A•••• B••••, LLC IT Services | term loan first lien | $3.7M | $3.5M 98c | SOFR+500 bp | Oct 2, 2029 |
| U•••••••• A•• C••••••••• C••• B••••• I••. Automobile Components | revolver first lien | $3.6M | $3.5M 98c | SOFR+475 bp | Oct 31, 2030 |
| P•• P••••••• S••••• and Equipment Co. (fka Graffiti B••••, Inc.) Trading Companies & Distributors | delayed draw term loan first lien | $3.6M | $3.5M 97c | SOFR+560 bp | Aug 10, 2027 |
| B••••• C••••••••• A••••••••• I••. (fka Gruden A•••••••••, Inc.) Ground Transportation | term loan first lien | $3.5M | $3.4M 99c | SOFR+475 bp | Jun 30, 2028 |
| C••• R•••••• C•• H•••••••• I••. Construction & Engineering | delayed draw term loan first lien | $3.5M | $3.4M 99c | SOFR+525 bp | Jun 6, 2030 |
| H••••• and Superior H••••• H•••••, LLC Ground Transportation | revolver first lien | $3.9M | $3.4M 87c | SOFR+610 bp | Jul 1, 2027 |
| I••••• B•••• G•••• I•• B••••••• L•• Textiles, Apparel & Luxury Goods | term loan first lien | $3.4M | $3.3M 100c | SOFR+500 bp | Aug 22, 2031 |
| S•• I••••••••• H•••••• L•• Diversified Consumer Services | delayed draw term loan first lien | $3.3M | $3.3M 100c | SOFR+525 bp | Jun 21, 2030 |
| A••••••••• M•••••••• M•••• C••••••• L•• (fka A••••••••• Holdings, LLC) M•••• | term loan first lien | $3.3M | $3.2M 98c | SOFR+576 bp | Feb 11, 2028 |
| T••••••••• C••• L•• Automobile Components | term loan first lien | $3.2M | $3.2M 99c | SOFR+475 bp | Feb 13, 2032 |
| R•• H••••• S••••••• P••• H••••• C••••••••• L•• H••••• C••• Providers & Services | term loan first lien | $3.2M | $3.2M 100c | SOFR+540 bp | Aug 2, 2027 |
| R••••••• I••••••••• R••••••• I••••••••• L•• Machinery | term loan first lien | $3.1M | $3.1M 100c | SOFR+450 bp | May 16, 2031 |
| C•••• • L••• O•• C••••••••• O•• H•••••••• I••. Commercial Services & Supplies | term loan first lien | $3.1M | $3.1M 100c | SOFR+475 bp | Oct 21, 2032 |
| D••••••• L•• R•• A••••••••• L•• Financial Services | delayed draw term loan first lien | $3.1M | $3.1M 100c | SOFR+575 bp | Mar 16, 2029 |
| G• C•• W••• M••••••••• C•••. Diversified Consumer Services | term loan first lien | $3.1M | $3.0M 98c | SOFR+575 bp | Jun 30, 2028 |
| N•••• H••••••• T•• N•••• H••••••• C•••••• L•• Professional Services | term loan first lien | $3.0M | $3.0M 99c | SOFR+475 bp | Dec 20, 2031 |
| S••• O•••• L•• | preferred equity equity | n/a | $3.0M | ||
| A•••, LLC S••• O•••• L•• Electronic Equipment, Instruments & Components | preferred equity equity | n/a | $3.0M 173c | ||
| I••••••• M••••••• I••. (fka Ironhorse P••••••••, LLC), LLC Commercial Services & Supplies | term loan first lien | $3.0M | $2.9M 100c | SOFR+600 bp | Mar 31, 2029 |
| S••• G• S••• G•••• B••••••• L•• Multi-Utilities | term loan first lien | $3.2M | $2.9M 94c | SOFR+675 bp | Apr 29, 2030 |
| A••••• B•• A••••• B••••••••• L•• Life Sciences Tools & Services | delayed draw term loan first lien | $3.0M | $2.9M 96c | SOFR+595 bp | Jun 1, 2029 |
| I••••••••• C••••• • E•••••••• G••••••• I••., A••••••• I••. (I••••••••• C••••• • E•••••••• G••••••• I••) Hotels, Restaurants & Leisure | equity equity | n/a | $2.8M 60c | ||
| A••••••• I••. (I••••••••• C••••• • E•••••••• G••••••• I••) | equity equity | n/a | $2.8M | ||
| N•••• S•••••• N•••• S••••••• I••. H••••• C••• Equipment & Supplies | term loan first lien | $2.5M | $2.8M 108c | //www.midcapfinancialic.com/20260630#Euro Interbank Offered Rate+500 bp | Jan 7, 2031 |
| A•••••• H•••••••, Athlete B••••, LLC Household Durables | delayed draw term loan first lien | $3.3M | $2.8M 85c | SOFR+610 bp | Apr 26, 2029 |
| J••••• S•••••••• M•••••••••, LLC Commercial Services & Supplies | revolver first lien | $2.8M | $2.8M 99c | SOFR+650 bp | Jan 31, 2027 |
| B••• T•••• B•••• G•••• B••••• I••. Commercial Services & Supplies | delayed draw term loan first lien | $2.8M | $2.7M 101c | SOFR+475 bp | Jul 10, 2031 |
| P•••••••, Poly-Wood, LLC Household Durables | term loan first lien | $2.7M | $2.7M 101c | SOFR+488 bp | Mar 20, 2030 |
| e••• F••••••• P•••••••• e••• H••••••• L•• Containers & P•••••••• | term loan first lien | $3.8M | $2.6M 97c | //www.midcapfinancialic.com/20260630#Canadian Overnight Repo Rate Average CORRA+450 bp | Jan 14, 2032 |
| N••••• E•••••• Financial Services | term loan first lien | $2.3M | $2.6M 106c | EURIBOR+525 bp | Apr 2, 2031 |
| T••••• H••• T••• CO., LLC Consumer Staples Distribution & Retail | revolver first lien | $2.6M | $2.6M 99c | SOFR+600 bp | Jan 31, 2028 |
| C•••• C••••••••• H••••• C••• Equipment & Supplies | revolver first lien | $2.5M | $2.5M 100c | SOFR+370 bp | Jun 1, 2031 |
| M•••••, M••••• Buffalo Restaurant Group LLC Hotels, Restaurants & Leisure | term loan first lien | $3.5M | $2.4M 72c | 10.12% | May 31, 2029 |
| D•••• & D•••• D&D B••••, LLC Building Products | term loan first lien | $2.4M | $2.4M 100c | SOFR+585 bp | Oct 4, 2029 |
| U•••• C•••• N•••• U•••• C•••• H••••• L•• Diversified Consumer Services | term loan first lien | $2.5M | $2.4M 100c | SOFR+525 bp | Jul 1, 2030 |
| S••••••••• B••••• G••••, Inc. Galaxy U•••••••• LLC Textiles, Apparel & Luxury Goods | term loan first lien | $2.5M | $2.4M 96c | SOFR+625 bp | May 12, 2028 |
| M•• M••••• C••••••••• A••••••• I••. C••••••••• Equipment | term loan first lien | $2.4M | $2.4M 98c | SOFR+475 bp | Oct 16, 2029 |
| A•••••• H•••••••, Athlete B••••, LLC Household Durables | revolver first lien | $3.2M | $2.3M 75c | SOFR+610 bp | Apr 26, 2029 |
| G&A Partners Holding Company II, LLC Professional Services | delayed draw term loan first lien | $2.3M | $2.3M 101c | SOFR+500 bp | Mar 3, 2031 |
| B••• R•••• B••• J•• T•••••• I••. Ground Transportation | term loan first lien | $3.4M | $2.3M 73c | 15.64% | Sep 30, 2026 |
| S•••••• T••••••••• H•••••••• I••., Aventiv T•••••••••, LLC (fka S•••••• T••••••••• Holdings, LLC) Interactive M•••• & Services | term loan first lien | $2.2M | $2.2M 102c | SOFR+1026 bp | Sep 30, 2026 |
| A•••••••••, LLC A••••••••• L•• Technology Hardware, Storage & Peripherals | delayed draw term loan first lien | $2.2M | $2.2M 100c | SOFR+500 bp | Jan 2, 2031 |
| U•••••••• L•••• L•• Life Sciences Tools & Services | delayed draw term loan first lien | $2.2M | $2.2M 100c | SOFR+555 bp | Aug 9, 2029 |
| B••••• F•••• B••••• F••• • B•••••••• L•• F••• Products | revolver first lien | $2.2M | $2.1M 99c | SOFR+615 bp | Jul 30, 2027 |
| P••••••• P••••••••• A••••••••• L•• Commercial Services & Supplies | delayed draw term loan first lien | $2.2M | $2.1M 100c | SOFR+525 bp | Aug 9, 2030 |
| H••• D•••••• HRO (H••• D••••••) Holdings, LLC M•••• | revolver first lien | $2.1M | $2.0M 95c | SOFR+610 bp | Nov 18, 2028 |
| T••••• S••••••••• T••••• S••••••••• L•• H••••• C••• Providers & Services | revolver first lien | $2.4M | $2.0M 85c | SOFR+640 bp | Dec 14, 2027 |
| T••••• S••••••• L•• S••••••• | delayed draw term loan first lien | $2.1M | $2.0M 98c | SOFR+550 bp | Apr 30, 2030 |
| M•••••• G•• P••••••• M•• H••••••• I•• C•••. Trading Companies & Distributors | delayed draw term loan first lien | $2.0M | $2.0M 100c | SOFR+525 bp | Mar 1, 2030 |
| JPW, JPW Industries Holding Corporation Milacron (P•••••• Iota) IOTA HOLDINGS 3 Machinery | term loan first lien | $2.0M | $1.9M 99c | SOFR+588 bp | Nov 22, 2028 |
| C•••• C•••• C•••••• H•••••••• I••. Energy Equipment & Services | delayed draw term loan first lien | $2.1M | $1.9M 96c | SOFR+550 bp | Dec 7, 2029 |
| S••••• A••••••••• L•• Aerospace & Defense | delayed draw term loan first lien | n/a | $1.9M 100c | SOFR+500 bp | Feb 3, 2031 |
| L•••••• P•••• L••••••••• L•• Consumer Finance | term loan unsecured or subordinated | $1.8M | $1.8M 100c | Dec 31, 2030 | |
| E•••• M•• S••• B•••• G•••• o• C•••••• A•••••••• I••. Diversified Consumer Services | term loan first lien | $1.9M | $1.8M 100c | SOFR+525 bp | Dec 31, 2031 |
| A••••••• R••••••••• H•••••••• L•• Construction & Engineering | revolver first lien | $2.3M | $1.8M 81c | SOFR+510 bp | Jul 24, 2030 |
| U•••••••• L•••• L•• Life Sciences Tools & Services | term loan first lien | $1.8M | $1.8M 100c | SOFR+555 bp | Aug 9, 2029 |
| C••• R•••••• C•• H•••••••• I••. Construction & Engineering | term loan first lien | $1.9M | $1.8M 99c | SOFR+525 bp | Jun 6, 2030 |
| MSI E••••••, Inc. NCP-MSI B•••• Containers & P•••••••• | revolver first lien | $1.9M | $1.8M 97c | SOFR+375 bp | Mar 24, 2031 |
| B•••••••• H••••• Technology Hardware, Storage & Peripherals | revolver first lien | $1.7M | $1.7M 99c | SOFR+400 bp | Aug 2, 2029 |
| T•••••• M••••••••• S••••••••, LLC Construction & Engineering | delayed draw term loan first lien | $1.7M | $1.7M 99c | SOFR+500 bp | Nov 26, 2030 |
| A•• S••• R••••••••• L•••••• L•• H••••• C••• Providers & Services | delayed draw term loan first lien | $1.7M | $1.7M 100c | SOFR+550 bp | May 1, 2030 |
| R• F•••• R••• F•••• C••••••• L•• Building Products | delayed draw term loan first lien | $1.7M | $1.7M 100c | SOFR+500 bp | Mar 4, 2030 |
| T••••• P•••• R••••• C•. Construction & Engineering | revolver first lien | $1.7M | $1.7M 99c | SOFR+560 bp | Dec 4, 2028 |
| M••••••••• M••••••• C••• P••••••••• L•••• B••••• L•• Chemicals | revolver first lien | $1.7M | $1.6M 98c | Oct 3, 2030 | |
| C••• C•• W••• O••••••••• L•• Diversified Consumer Services | revolver first lien | $1.6M | $1.6M 100c | SOFR+565 bp | Jun 16, 2027 |
| A•••••• P•••••• I••. H••••• C••• Providers & Services | delayed draw term loan first lien | $1.6M | $1.6M 100c | PIK 12.60% | Mar 31, 2029 |
| Z•••••• Z••••••• I••. S••••••• | delayed draw term loan first lien | $1.7M | $1.6M 93c | SOFR+500 bp | Nov 22, 2028 |
| G• C•• W••• M••••••••• C•••. Diversified Consumer Services | term loan first lien | $1.6M | $1.5M 98c | SOFR+585 bp | Jun 30, 2028 |
| G•••••••• B••••, Inc. Total Power L•••••• Electronic Equipment, Instruments & Components | delayed draw term loan first lien | $2.2M | $1.5M 96c | //www.midcapfinancialic.com/20260630#Canadian Overnight Repo Rate Average CORRA+450 bp | Jul 22, 2030 |
| V•••••• P•• C••• V•••••• P•• C•••• L•• Diversified Consumer Services | term loan first lien | $1.5M | $1.5M 98c | SOFR+650 bp | Sep 22, 2029 |
| MSI E••••••, Inc. NCP-MSI B•••• Containers & P•••••••• | delayed draw term loan first lien | $1.5M | $1.5M 98c | SOFR+500 bp | Mar 24, 2031 |
| V•••• C••••••••• Commercial Services & Supplies | term loan first lien | $1.4M | $1.4M 100c | SOFR+500 bp | Aug 1, 2030 |
| P••••••, Inc. Four Winds Interactive LLC S••••••• | delayed draw term loan first lien | $1.5M | $1.4M 99c | SOFR+575 bp | Feb 20, 2030 |
| H••••• & S••••• I•••••••• HSI Halo Holdings, LLC Professional Services | equity equity | n/a | $1.4M 3030c | ||
| R•• H••••• S••••••• P••• H••••• C••••••••• L•• H••••• C••• Providers & Services | term loan first lien | $1.4M | $1.4M 100c | SOFR+565 bp | Aug 2, 2027 |
| N••••• E•••••• Financial Services | delayed draw term loan first lien | $1.2M | $1.3M 106c | EURIBOR+525 bp | Apr 2, 2031 |
| B•••••••• F•••• W•• B•••••••• F••••• I••. F••• Products | equity equity | n/a | $1.3M 91c | ||
| P•••••• T•••• T•••• M•••••• L•• H••••• C••• Equipment & Supplies | term loan first lien | $1.2M | $1.3M 99c | //www.midcapfinancialic.com/20260630#Euro Interbank Offered Rate+500 bp | Jun 12, 2032 |
| B••••• S•••••••• B••••• B••••• L•• Trading Companies & Distributors | delayed draw term loan first lien | $3.0M | $1.3M 45c | 10.24% | May 31, 2027 |
| G••••••••• S••••••, Genius Bidco LLC IT Services | term loan first lien | $1.3M | $1.3M 100c | SOFR+500 bp | May 1, 2030 |
| U• L•••• S•••••• I••••••••• H•••••••• L•• Diversified Consumer Services | equity equity | n/a | $1.3M 201c |
- Fiscal year end
- 1231reported
- Incorporated
- MDreported
- On the SEC BDC report
- 2012 to 2026reported
- Filings listed
- 19reported10-Q and 10-K since 2022
- Former names
- APOLLO INVESTMENT CORP; APOLLO CAPITAL CORPreported
- Latest schedule
- 0001193125-26-335848reported