The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

B•••••• B••• I•••

Business development companymanaged by B•••••• L••Listed: BBDC· CHARLOTTE, NC

A business development company traded as BBDC, managed by B•••••• L••, holding $2.5B across 347 borrowers at Jun 30, 2026.

Composed from this BDC's filings and its latest schedule of investments.

Fair value
$2.5B
Schedule of investments, 10-Q and 10-K
Borrowers
347
Schedule of investments, 10-Q and 10-K
Mark on cost
97.1¢
Schedule of investments, 10-Q and 10-K
First lien
68%
Schedule of investments, 10-Q and 10-K
As of · the latest schedule of investments read for this BDC

What matters now

  1. $46.1M
    on non-accrual, 11 borrowers

    11 borrowers on non-accrual, $46.1M principal; the largest is R• O••••••• L•• ($17.3M).

    Q2 2026 · Loans that have stopped paying interest; they set the book's credit losses.

    FactBDC schedules of investments, 30 Jun 2026For LPs and shareholders in these BDCs, co-lenders on the same namesOpen R• O••••••• L••
  2. $3M
    newly on non-accrual

    2 borrowers newly placed on non-accrual in Q2 2026, $3M principal: S••••• A••••• I•• ($2.18M), T••• A•• D••••••••• L•• ($812K).

    Q2 2026 · The newest credit problems in the book.

    FactBDC schedules of investments, 30 Jun 2026Open S••••• A••••• I••
  3. 25 below 80¢
    $77.3M principal

    25 positions across 20 borrowers marked below 80¢ on cost, $77.3M principal.

    Q2 2026 · Marks this low usually come before non-accrual or a restructuring.

    Derivedeach position's fair value over cost, 30 Jun 2026
  4. 0 → 70
    loans paying in kind

    Loans paying in kind rose from 0 to 70 positions in the quarter to Jun 30, 2026.

    Q2 2026 · Borrowers paying interest in more debt rather than cash is an early sign of strain.

    Factthe schedule's PIK rates, quarter on quarterQuarter by quarter
  5. 1 → 347
    borrowers

    Added a net 346 borrowers in the quarter to Jun 30, 2026, to 347.

    Q2 2026 · The book is turning over faster than usual.

    Factthe schedule's borrowers, quarter on quarterSchedule of investments
Every headline figure, and the identifiersCIK 1379785 · file 814-00733Show
Fair value
$2.5B
as of Jun 30, 2026
Principal held
$2.1B
debt pieces, the filer's figure
Cost
$2.5B
97c on cost, debt pieces
Unfunded
$485M
commitments not yet drawn
Positions
855
347 borrowers
First lien
68%
81% debt by fair value
Quarters on the tape
19
since Dec 31, 2020
Facilities held
759
46 sponsors financed
Portfolio through time
Fair value by quarter end$2.5B as of Jun 30, 2026
Dec 31, 2020$104M then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$2.5B34797c70535 bp
May 27, 2026$5.0M1n/a0n/a
Mar 31, 2026$2.5B33597c78538 bp
Dec 31, 2025$2.7B38097c80543 bp
All 24 quarters
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Nov 25, 2025$10.0M1n/a0n/a
Sep 30, 2025$2.8B34597c87543 bp
Jun 30, 2025$2.9B33998c81548 bp
Mar 31, 2025$2.8B33296c80556 bp
Dec 31, 2024$5.7B39795c155567 bp
Sep 30, 2024$2.9B33897c81577 bp
Jun 30, 2024$2.9B33796c84582 bp
Mar 31, 2024$3.0B34097c78588 bp
Dec 31, 2023$3.7B37696c67592 bp
Sep 30, 2023$3.0B34096c65591 bp
Jun 30, 2023$3.0B33396c49588 bp
Mar 31, 2023$3.0B33494c51591 bp
Dec 31, 2022$2.9B36593c44586 bp
Sep 30, 2022$2.7B31693c47590 bp
Aug 12, 2022$45.4M1n/a0n/a
Dec 31, 2021$2.3B28799c28576 bp
Jul 8, 2021$306M1n/a0n/a
Feb 8, 2021Not disclosed3n/a0n/a
Dec 31, 2020$104M10n/a0725 bp
May 13, 2020Not disclosed1n/a0n/a
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
Full timeline · 20 events
Every position change, including routine ones
Largest facilities held, with co-lenders
Schedule of investments at Jun 30, 2026
855 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
S••••••• B•••• S•••••••term loan first lien$1.8M$1.8M
99c
S+500 bp
M••••• B••••• L••term loan first lien$1.8M$1.8M
100c
S+475 bp
R• H•••••••• L••revolver lien unstated$1.9M$1.7M
96c
S+675 bp
F••••••term loan first lien$1.7M$1.7M
106c
S+610 bp
R••• B•••• P•• L••term loan first lien$1.8M$1.7M
104c
S+525 bp
S••••• I•••••term loan first lien$2.1M$1.7M
88c
S+650 bp
M•• A••••••••• G•••• G•••term loan first lien$1.7M$1.7M
96c
S+765 bp
S••• P•••••• M•••• L••••••term loan first lien$1.8M$1.7M
100c
S+525 bp
G•••••••• I• B•term loan first lien$1.7M$1.7M
108c
S+485 bp
M•••• R•••••••• I••• ••••••••term loan first lien$1.7M$1.7M
101c
S+450 bp
P••••• B•••• P•• L••term loan first lien$1.8M$1.7M
97c
S+475 bp
I••••••••• G•••• B•••term loan first lien$1.8M$1.7M
103c
S+620 bp
Q••• S••• B•••• P•• L••term loan first lien$1.7M$1.7M
93c
S+575 bp
A••••• C••••••• B•••• P•• L••term loan first lien$1.7M$1.7M
98c
S+450 bp
Z•••• L•••• S••••term loan first lien$1.7M$1.7M
99c
S+525 bp
U•• L•••••• H•••••• A•term loan first lien$1.7M$1.7M
111c
S+525 bp
C•• P•••••• L••preferred equity equityNot disclosed$1.6M
228c
F••••• 4• L••••••term loan first lien$1.7M$1.6M
99c
S+600 bp
L••••••••• F•••• S•••term loan first lien$1.7M$1.6M
98c
S+475 bp
T•• O••••• M•••• G••••• I•••equity equityNot disclosed$1.6M
236c
E••••• S••••••• B•••• P•• L••term loan first lien$1.7M$1.6M
86c
S+650 bp
P••••••••• L••term loan first lien$1.6M$1.6M
100c
S+500 bp
A•••••••term loan first lien$8.5M$1.6M
19c
S+290 bp
PIK 6.40%
A••• I•••••••••term loan first lien$1.6M$1.6M
101c
S+600 bp
F••••••• R• S••••••••• P•••••••• 2•••••preferred equity equityNot disclosed$1.5M
148c
W•••••••• H•••••••• I•••equity equityNot disclosed$1.5M
242c
E• D•••••••••term loan first lien$1.6M$1.5M
98c
S+525 bp
R•••• B•••• L••term loan first lien$1.5M$1.5M
100c
S+450 bp
A•••••• A•••••••• C•••••••••revolver lien unstated$1.5M$1.5M
100c
S+475 bp
B••••••••• L••equity equityNot disclosed$1.5M
134c
C•••••• B••••••••• I•••unstated lien unstatedNot disclosed$1.5M
118c
P•••••• B•••• B•••term loan first lien$1.5M$1.5M
103c
S+600 bp
M••••• M•••• L••••••term loan first lien$1.7M$1.4M
84c
S+625 bp
P•• I••••••••• 4• L••term loan first lien$1.4M$1.4M
100c
S+475 bp
A•••• B•••• L••••••term loan first lien$1.5M$1.4M
102c
S+670 bp
W••••••• F••••• L••revolver lien unstated$1.4M$1.4M
100c
S+525 bp
B••••• G••••term loan first lien$3.0M$1.3M
52c
S+450 bp
PIK 6.60%
C••••• S••• R•••• S••term loan first lien$1.3M$1.3M
101c
S+600 bp
P••• S•• ••• M•••••• M•••••term loan first lien$1.3M$1.3M
100c
S+525 bp
F••••••••• B•••• L••••••term loan first lien$1.3M$1.3M
100c
S+600 bp
U•• 6•• E••••• M••••••••• G•••term loan first lien$1.3M$1.3M
98c
S+525 bp
M•• E•••••• I•••revolver lien unstated$1.3M$1.3M
98c
S+375 bp
A••••• M••••warrants equityNot disclosed$1.2M
31175c
F•••• B•••••••• L••term loan first lien$1.3M$1.2M
100c
S+450 bp
A••••••••• B••• C••• L••term loan first lien$1.2M$1.2M
101c
S+475 bp
B••• P•••••• L••term loan first lien$1.2M$1.2M
98c
S+475 bp
X••••••• B•••• L••••••equity equityNot disclosed$1.2M
215c
B•• B••••• I•••equity equityNot disclosed$1.2M
120c
R•• S••• M••••• S•• L••term loan first lien$1.2M$1.2M
101c
S+1000 bp
PIK 13.70%
D••• S•••••• L••term loan first lien$1.1M$1.1M
100c
S+450 bp
S•••••••• U• H••••••• I••term loan first lien$2.9M$1.1M
39c
S+550 bp
E••••• I•••••••• G•••• I•••term loan first lien$1.1M$1.1M
102c
S+425 bp
R••• L•••• L••equity equityNot disclosed$1.1M
84c
U•••• B•••• L••••••term loan first lien$1.1M$1.1M
110c
S+430 bp
S••••••• B•term loan first lien$1.0M$1.0M
103c
S+525 bp
O•••• I••••••••• N•••• B•••term loan first lien$1.0M$1.0M
107c
S+525 bp
D••••••••• P•••••••• H••••••• L••term loan second lien$1.0M$1.0M
100c
11.00%
S••• S••••• B•••• 3• L••••••term loan first lien$1.0M$1.0M
108c
S+645 bp
T• K•• A••••••••• L•••term loan first lien$1.0M$1.0M
100c
S+425 bp
F••••••••• B•••• L••••••term loan first lien$1.0M$1.0M
100c
S+600 bp
A••••••••• H•••••• G•••term loan first lien$1.0M$1.0M
99c
S+558 bp
D••••••••• B•••term loan first lien$1.0M$1.0M
101c
S+525 bp
T••••••••• S•••••• S••••• B•••• P•• L••term loan first lien$1.0M$993,000
105c
S+500 bp
A•• C••••••••• L••equity equityNot disclosed$971,000
180c
A••
E••••••••
term loan first lien$984,000$967,000
105c
S+400 bp
PIK 2.20%
C••••• B•••••• A••••••• L••revolver lien unstated$980,000$966,000
100c
S+500 bp
E••• G••••• L••••••••• I•••equity equityNot disclosed$966,000
182c
I•• I••••••••• I•••equity equityNot disclosed$947,000
126c
P••••• E••••••••• L•••••term loan first lien$938,000$938,000
101c
S+450 bp
C•• F•••• H••••••• C••• L••term loan first lien$932,000$932,000
100c
S+700 bp
PIK 10.90%
E••••••• D•••••• T•••••• I••••••••• L•• H•••••• S•••term loan first lien$1.1M$930,000
135c
S+600 bp
PIK 1.00%
P•• I••••••••• 4• L••term loan first lien$934,000$930,000
109c
S+475 bp
K••••••• B•••• B•••term loan first lien$917,000$898,000
103c
S+525 bp
E• S••• B••••term loan first lien$895,000$883,000
97c
S+500 bp
D•••• W••• B••••• U• L••term loan first lien$944,000$872,000
101c
S+1100 bp
C• B••••• L••term loan first lien$870,000$870,000
102c
S+625 bp
H••••••••• B•••• P•• L••term loan first lien$886,000$870,000
107c
S+500 bp
A••• I•••••••••term loan first lien$889,000$866,000
95c
S+600 bp
K•• D••••• H•••••••• L••equity equityNot disclosed$861,000
135c
S•••• S•••••• B•••••• L••equity equityNot disclosed$855,000
52c
E• S••• B••••term loan first lien$885,000$832,000
103c
S+500 bp
M••• B•••• L••••••term loan first lien$862,000$831,000
100c
S+525 bp
E•• I•••••••••term loan unsecured or subordinated$837,000$828,000
101c
11.00%
PIK 2.50%
S••••• A••••• I•••term loan first lien$1.8M$796,000
44c
S+550 bp
PIK 9.30%
H•••••••• H•••••••• I•••revolver lien unstated$803,000$794,000
100c
S+525 bp
N• H•••••• L••revolver lien unstated$873,000$786,000
92c
S+650 bp
S•••••••• U• H••••••• I••term loan first lien$2.0M$783,000
124c
S+500 bp
O•• H••••••• I• C•••revolver lien unstated$783,000$783,000
101c
S+500 bp
I•• I••••••••• I•••term loan first lien$782,000$782,000
101c
S+625 bp
E•••••• M•••• L••••••term loan first lien$783,000$777,000
98c
S+500 bp
S••• B••••• L•••revolver lien unstated$831,000$765,000
94c
S+625 bp
U•• L•••••• H•••••• A•term loan first lien$749,000$749,000
106c
S+525 bp
R• O•••••••• L••revolver lien unstated$1.5M$749,000
52c
S+675 bp
PIK 10.60%
U•• A•••••••• I•••revolver lien unstated$740,000$740,000
102c
S+475 bp
E• S••• B••••term loan first lien$750,000$740,000
104c
S+800 bp
PIK 10.80%
T••• A•• D••••••••• L••term loan unsecured or subordinated$812,000$737,000
92c
PIK 14.00%
C•• F•••• H••••••• C••• L••term loan lien unstated$730,000$730,000
100c
S+900 bp
PIK 12.90%
E••••••• E•••••••• • E••••••••• C••term loan first lien$735,000$722,000
100c
10.50%
PIK 3.00%
F••• S••• H•••••• L••equity equityNot disclosed$720,000
74c
W•••••••• H•••••••• I•••revolver lien unstated$717,000$709,000
104c
S+500 bp
Page 4 of 9PreviousNext
Registration
Fiscal year end
1231reported
Incorporated
NCreported
On the SEC BDC report
2012 to 2026reported
Filings listed
19reported10-Q and 10-K since 2022
Former names
Triangle Capital CORPreported
Latest schedule
0001379785-26-000030reported