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
Schedule of investments (855)Quarter by quarterSponsors
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
L••••••••• F•••• S•••term loan first lien$705,000$699,000
97c
S+475 bp
A•••• B•••• L••••••term loan second lien$780,000$683,000
101c
PIK 10.50%
L•••••• G•••• H••••••• B•••• L••••••term loan first lien$738,000$680,000
94c
S+525 bp
F••••••••• L••equity equityNot disclosed$676,000
72c
O•• H••••••• P••••••••• L••revolver lien unstated$687,000$669,000
99c
S+425 bp
N•• B•••• L••equity equityNot disclosed$666,000
141c
W••••••• F••••• L••preferred equity equityNot disclosed$664,000
116c
PIK 20.00%
C•••••• P••••••••• L••term loan unsecured or subordinated$658,000$658,000
100c
11.00%
PIK 1.00%
R••••• H•••••••• I•••equity equityNot disclosed$654,000
123c
C•••• P••••• N•term loan first lien$648,000$648,000
100c
S+700 bp
U•••••• •••••••••term loan first lien$648,000$648,000
107c
S+495 bp
T••••••••• I••••••• L••revolver lien unstated$641,000$641,000
110c
S+550 bp
A•••• I••••••••• L••revolver lien unstated$627,000$627,000
102c
S+475 bp
G••••• A••••••• G•••• L••••••term loan first lien$625,000$625,000
93c
S+491 bp
A•••••• B•••• L••••••term loan first lien$638,000$623,000
105c
S+525 bp
P••••••• D••••• H••••••• L••term loan first lien$624,000$623,000
101c
S+830 bp
G••• L••term loan first lien$612,000$612,000
101c
S+600 bp
A•• I•••••• P••••••••• L••term loan first lien$616,000$608,000
100c
S+525 bp
S••••• P••••••• H•••••••• L••preferred equity equityNot disclosed$602,000
158c
E••••••• D•••••• T•••••• I••••••••• L•• H•••••• S•••term loan first lien$720,000$596,000
127c
S+600 bp
PIK 1.00%
V•••• B••••• L••equity equityNot disclosed$594,000
362c
A••••• H••••• 2• L••equity equityNot disclosed$590,000
4917c
S••••••••• G••••• I•••equity equityNot disclosed$562,000
204c
D••••••••• P•••••••• H••••••• L••equity equityNot disclosed$550,000
199c
O••••• B•••• L••••••term loan first lien$533,000$533,000
101c
S+500 bp
R•••• B•••• L••equity equityNot disclosed$530,000
99c
S••••• M•••• 2• I•••revolver lien unstated$518,000$493,000
101c
S+450 bp
C• G•••• H•••••••• L••equity equityNot disclosed$487,000
302c
F•••••••• S••••••• I••••••••• H••••••• I•••preferred equity equityNot disclosed$485,000
4c
V•••• G••••• H•••••• L••notes lien unstated$481,000$469,000
98c
9.50%
D•••• I••••••••• H••••••• C••equity equityNot disclosed$463,000
133c
A•••••••• T•••••••• G••••• L••revolver lien unstated$471,000$448,000
100c
S+475 bp
P••••••••• L••equity equityNot disclosed$448,000
278c
S••••••• H••••••• B•••equity equityNot disclosed$447,000
80c
K•••••• S••••• • S••••••• L••term loan first lien$451,000$445,000
100c
S+425 bp
T•••• B•••• L••equity equityNot disclosed$438,000
120c
A•••• B•••• L••••••term loan first lien$437,000$437,000
107c
S+500 bp
M• G•••• V••••••• C•••••••••equity equityNot disclosed$435,000
58c
S•••• B•••• B•••term loan first lien$443,000$428,000
97c
S+575 bp
C••••• K•• F•••••• I• L••revolver lien unstated$435,000$427,000
100c
S+750 bp
O•• B••••• I•••revolver lien unstated$421,000$410,000
100c
S+475 bp
G••••• P•••••• L•••term loan first lien$540,000$410,000
85c
S+575 bp
B•••••• P•••• P•••••••• C•••••••••equity equityNot disclosed$409,000
90c
A••• B•••• L••••••term loan unsecured or subordinated$407,000$406,000
102c
PIK 9.00%
S•••• B•••• B•••revolver lien unstated$441,000$403,000
91c
S+550 bp
C•••••• P••••••••• L••equity equityNot disclosed$393,000
314c
B••••••• B••••• L••equity equityNot disclosed$387,000
124c
R•• S••• M••••• S•• L••term loan first lien$385,000$385,000
100c
S+1050 bp
PIK 9.50%
A•• G•••• H•••••••• I•••revolver lien unstated$395,000$384,000
100c
S+525 bp
PIK 3.30%
A••••• M••••term loan second lien$384,000$384,000
102c
15.50%
L••••• B•••• L••••••term loan first lien$404,000$382,000
101c
S+625 bp
A•••••• A•••••••• C•••••••••equity equityNot disclosed$381,000
87c
T•• A••••••••• L••revolver lien unstated$372,000$365,000
101c
S+475 bp
I•• H•••• A••••••• L•••••revolver lien unstated$378,000$364,000
98c
S+600 bp
I••••••••• P•••••••• S••••••• L••revolver lien unstated$370,000$358,000
100c
S+475 bp
S•• I••••••••• L••equity equityNot disclosed$356,000
171c
E••••••• E•••••••• • E••••••••• C••equity equityNot disclosed$356,000
189c
P•••••• I••••••• A••••••••• I•••revolver lien unstated$511,000$351,000
71c
S+125 bp
PIK 4.60%
A••••• B••••• I•••equity equityNot disclosed$340,000
177c
O••••• B•••• L••••••term loan first lien$339,000$339,000
95c
S+500 bp
P••••••••• S•••••••• H•••••••• L••equity equityNot disclosed$331,000
140c
E• S••• B••••term loan unsecured or subordinated$333,000$329,000
99c
S+800 bp
X••••••• B•••• L••••••term loan first lien$320,000$320,000
105c
S+625 bp
P•••••• S•••••••• G•••• H•••••••• L••term loan first lien$994,000$314,000
32c
S+700 bp
PIK 11.40%
G••• L••equity equityNot disclosed$306,000
126c
A••••••••• B••• C••• L••equity equityNot disclosed$300,000
128c
C••• U••••••• G•••equity equityNot disclosed$300,000
67c
E••••••• D•••••• T•••••• I••••••••• L•• H•••••• S•••term loan first lien$362,000$300,000
128c
S+600 bp
PIK 1.00%
I•• S••••••• E••••••••• L••equity equityNot disclosed$295,000
100c
H••• S••••• B•••• I•••term loan first lien$300,000$290,000
100c
S+425 bp
C••••••••• L••revolver lien unstated$293,000$290,000
102c
S+525 bp
P••••• H••••••• L••••••preferred equity equityNot disclosed$289,000
100c
PIK 10.00%
D•••• I••••••••• H••••••• C••revolver lien unstated$283,000$277,000
104c
S+425 bp
H• A••••••• B•••• L••revolver lien unstated$280,000$274,000
100c
S+475 bp
B••••• S••••• U••••••••• L••equity equityNot disclosed$272,000
95c
A•••••• H••••••• H• L••••••term loan unsecured or subordinated$269,000$269,000
102c
15.00%
C••• B••••• L••equity equityNot disclosed$267,000
115c
S••••• E••••• S••••••••• L••revolver lien unstated$297,000$263,000
94c
S+500 bp
S••••• E••••• S••••••••• L••equity equityNot disclosed$249,000
87c
S••• B••••• L•••equity equityNot disclosed$248,000
48c
B••• P•••••• L••revolver lien unstated$251,000$245,000
98c
S+475 bp
C••• U••••••• G•••equity equityNot disclosed$242,000
118c
A•••••••• S••••••• C•••••• ••••• L••equity equityNot disclosed$238,000
85c
D••••••• I••••••••• L••preferred equity equityNot disclosed$237,000
123c
M•••••• S•••••••• P••••• H•••••••• I•••term loan lien unstated$1.2M$237,000
206c
S+350 bp
F••••• 4• L••••••term loan first lien$241,000$232,000
104c
S+600 bp
R••••••••• P••••• H•••••••• L••equity equityNot disclosed$229,000
113c
C••••••• O••••••••• P••••••• C••••term loan first lien$79,000$229,000
290c
S+700 bp
I•• I••••••••• I•••revolver lien unstated$226,000$226,000
105c
S+650 bp
M•••••• S•••••••• P••••• H•••••••• I•••term loan lien unstated$1.8M$212,000
194c
S+700 bp
E•• I•••••••••equity equityNot disclosed$212,000
92c
L•••••• G•••• H••••••• B•••• L••••••term loan first lien$214,000$205,000
95c
S+575 bp
P••••••• D••••• H••••••• L••equity equityNot disclosed$205,000
69c
M•••••••• B•••• L••••••equity equityNot disclosed$204,000
148c
M••••••• A••••••••• I•••preferred equity equityNot disclosed$201,000
109c
P••••••••• S•••••••• H•••••••• L••revolver lien unstated$208,000$199,000
106c
S+425 bp
T•••• B•••• L••revolver lien unstated$212,000$198,000
101c
S+500 bp
I•• H•••• A••••••• L•••••equity equityNot disclosed$195,000
67c
R••••• H•••••••• I•••revolver lien unstated$210,000$194,000
107c
S+500 bp
G••• L••revolver lien unstated$204,000$194,000
101c
S+525 bp
Page 5 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