DFX Intelligence
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••• C•••••• S•••••••• F••••••• I•••
A business development company traded as B•••, managed by B••• A•••••••• L•, holding $2.4B across 243 borrowers at Jun 30, 2026.
Composed from this BDC's filings and its latest schedule of investments.
As of · the latest schedule of investments read for this BDC
- Fair value
- $2.4B
- Borrowers
- 243
- Mark on cost
- 95.6¢
- First lien
- 63%
Schedule of investments, 10-Q and 10-K
Schedule of investments, 10-Q and 10-K
Schedule of investments, 10-Q and 10-K
Schedule of investments, 10-Q and 10-K
As of · the latest schedule of investments read for this BDC
What matters now
- $70.7Mon non-accrual, 3 borrowers
3 borrowers on non-accrual, $70.7M principal; the largest is S•••••• M••••• ($36.3M).
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 S•••••• M••••• → - $70.2Mnewly on non-accrual
2 borrowers newly placed on non-accrual in Q2 2026, $70.2M principal: S•••••• M••••• ($36.3M), A• • R• L••••••••• I•• ($33.9M).
Q2 2026 · The newest credit problems in the book.
- 21 below 80¢$145M principal
21 positions across 9 borrowers marked below 80¢ on cost, $145M principal.
Q2 2026 · Marks this low usually come before non-accrual or a restructuring.
Derivedeach position's fair value over cost, 30 Jun 2026
Every headline figure, and the identifiersCIK 1655050 · file 814-01175ShowHide
Fair value
$2.4B
as of Jun 30, 2026
Principal held
$2.2B
debt pieces, the filer's figure
Cost
$2.4B
96c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
Positions
677
243 borrowers
First lien
63%
85% debt by fair value
Quarters on the tape
17
since Dec 31, 2021
Facilities held
553
37 sponsors financed
Portfolio through time
Fair value by quarter end$2.4B as of Jun 30, 2026
Dec 31, 2021$2.9B then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $2.4B | 243 | 96c | 78 | 574 bp |
| Mar 31, 2026 | $2.5B | 243 | 96c | 85 | 573 bp |
| Dec 31, 2025 | $2.7B | 233 | 98c | 103 | 581 bp |
| Sep 30, 2025 | $2.5B | 221 | 98c | 72 | 585 bp |
All 17 quartersShow fewer
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2025 | $2.5B | 207 | 98c | 74 | 590 bp |
| Mar 31, 2025 | $2.5B | 196 | 98c | 70 | 585 bp |
| Dec 31, 2024 | $3.0B | 209 | 97c | 85 | 610 bp |
| Sep 30, 2024 | $2.4B | 185 | 98c | 50 | 616 bp |
| Jun 30, 2024 | $2.6B | 174 | 99c | 44 | 618 bp |
| Mar 31, 2024 | $2.8B | 174 | 99c | 44 | 636 bp |
| Dec 31, 2023 | $2.8B | 161 | 98c | 63 | 647 bp |
| Sep 30, 2023 | $2.5B | 169 | 98c | 36 | 639 bp |
| Jun 30, 2023 | $2.5B | 169 | 98c | 31 | 626 bp |
| Mar 31, 2023 | $2.5B | 164 | 97c | 28 | 621 bp |
| Dec 31, 2022 | $5.2B | 186 | 97c | 56 | 620 bp |
| Sep 30, 2022 | $2.3B | 156 | 96c | 6 | 611 bp |
| Dec 31, 2021 | $2.9B | 136 | 99c | 17 | 579 bp |
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
- Repeat sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
Full timeline · 20 eventsShow fewer
- Placed on non-accrualJun 30, 2026
- Placed on non-accrualJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
Largest facilities held, with co-lenders
- V••••••• I••••••••• unsecured or subordinated term loan1 BDC hold it · matures Feb 22, 2028$254M 88c
- V••••••• B••• C•••••• unsecured or subordinated term loan2 BDCs hold it · matures Dec 24, 2036$179M 90c
- S•••••• H•••••• L•• first lien term loan2 BDCs hold it · matures May 13, 2030$71.0M 103c
- A•• V••••• first lien delayed draw term loan2 BDCs hold it · matures Mar 27, 2027 · possible sponsor R•••• C•••••• G••••• L••$59.9M 100c
- A••••••• T•••••• R••••• G••••• L•• unsecured or subordinated subordinated debt1 BDC hold it · matures Dec 1, 2028$49.9M 89c
- $39.5M n/a
- D••• first lien term loan2 BDCs hold it · matures Sep 30, 2029$33.2M 99c
- A••••••••• I•• first lien term loan4 BDCs hold it · matures May 25, 2029$31.9M 84c
- E•••••••• C••••••••• R••••• M•••••••• C••••••• L•• first lien term loan2 BDCs hold it · matures Sep 30, 2026$30.2M 102c
- T•••••• first lien term loan1 BDC hold it · matures Feb 28, 2029$29.3M 101c
- S••••••• L•• first lien term loan2 BDCs hold it · matures Mar 27, 2029$29.3M 91c
- T•••• C•••• S•••••••• I•• first lien term loan2 BDCs hold it · matures Sep 7, 2029$27.6M 100c
Schedule of investments at Dec 31, 2022
759 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| R•• O••• L••••••• L••• | term loan first lien | $15.0M | $15.0M 101c | LIBOR+850 bp | Feb 25, 2025 |
| R•• O••• L•• C••••••• G••••: N••••••••• | term loan first lien | $15.0M | $15.0M 101c | S+850 bp | Feb 25, 2025 |
| R•• O••• L•• C••••••• G••••: N••••••••• | term loan first lien | $15.0M | $15.0M 101c | S+850 bp | Feb 25, 2025 |
| C•••••••• S•••••• I••• H••• T••• I••••••••• | term loan first lien | $14.9M | $14.6M 100c | S+650 bp | Mar 6, 2028 |
| S•••••• I••• | term loan first lien | $14.9M | $14.6M 100c | SOFR+650 bp | Mar 6, 2028 |
| A•• P••••• L•• | equity equity | $6.7M | $14.6M 217c | ||
| A•• P••••• L•• B•••••••, F••• & T•••••• | equity equity | $6.7M | $14.6M 217c | ||
| A•• P••••• L•• B•••••••, F••• & T•••••• | equity equity | $6.7M | $14.6M 217c | ||
| S••••••• L•• | delayed draw term loan first lien | $14.2M | $14.1M 99c | SOFR+575 bp | Sep 9, 2023 |
| S••••••• L•• C••••••• G••••: N••••••••• | delayed draw term loan first lien | $14.2M | $14.1M 99c | S+575 bp | Sep 9, 2023 |
| A••••••• I••• W•••••••• | term loan first lien | $14.1M | $14.1M 101c | S+525 bp | Aug 28, 2024 |
| A••••••• I••• | term loan first lien | $14.1M | $14.1M 101c | LIBOR+525 bp | Aug 28, 2024 |
| V••••• H•••••• I••• | term loan first lien | $13.8M | $13.5M 99c | SOFR+550 bp | Sep 3, 2025 |
| I•••• T••• I••••••••• C•••••••• V••••• H•••••• I••• | term loan first lien | $13.8M | $13.5M 99c | S+550 bp | Sep 3, 2025 |
| F•••••• M•••••••• I••••••••• H•••••••• L•• A•••••••• & D•••••• | term loan first lien | $16.3M | $13.5M 83c | S+425 bp | Oct 9, 2025 |
| F•••••• M•••••••• I••••••••• H•••••••• L•• | term loan first lien | $16.3M | $13.5M 83c | LIBOR+425 bp | Oct 9, 2025 |
| A••• C•••• A••••••••• C••••••• L•• | term loan first lien | $16.3M | $13.5M 84c | SOFR+435 bp | Jul 10, 2025 |
| A••• C•••• A••••••••• C••••••• L•• S••••••s: B••••••• | term loan first lien | $16.3M | $13.5M 84c | S+435 bp | Jul 10, 2025 |
| A•••••••• A••••••••• C••• I••• | term loan second lien | $14.2M | $13.5M 97c | LIBOR+750 bp | Feb 1, 2027 |
| A•••••••• A••••••••• C••• I••• H••••, G••••• & L•••••• | term loan second lien | $14.2M | $13.5M 97c | S+750 bp | Feb 1, 2027 |
| A•••••••• A••••••••• C••• I••• | term loan second lien | $14.2M | $13.5M 97c | LIBOR+750 bp | Feb 1, 2027 |
| W••••• E••••• | term loan first lien | $21.0M | $13.1M 63c | LIBOR+575 bp PIK 3.00% | Aug 5, 2027 |
| W••••• E••••• R••••• | term loan first lien | $21.0M | $13.1M 63c | S+575 bp PIK 3.00% | Aug 5, 2027 |
| D••••• T•••••• I••• | equity equity | $68,000 | $13.0M | ||
| D••••• T•••••• I•• | equity equity | $68,000 | $13.0M | ||
| D••••• T•••••• I•• T•••••••••: C••••••• | equity equity | $68,000 | $13.0M | ||
| D••••• T•••••• I•• T•••••••••: C••••••• | equity equity | $68,000 | $13.0M | ||
| E•••••••• C••••••••• R••••• M•••••••• C••••••• L•• | term loan first lien | $15.0M | $12.7M 85c | LIBOR+675 bp | Jun 30, 2024 |
| E•••••••• C••••••••• R••••• M•••••••• C••••••• L•• M••••: D••••••••• & P••••••••• | term loan first lien | $15.0M | $12.7M 85c | S+675 bp | Jun 30, 2024 |
| i•••••••• F••••••• S••••••s: B••••••• | preferred equity equity | $7.1M | $12.5M 153c | ||
| i•••••••• F••••••• | preferred equity equity | $7.1M | $12.5M 153c | ||
| S••••••••• S••••••s: B••••••• | term loan first lien | $12.6M | $12.3M 99c | S+600 bp | Nov 23, 2028 |
| S••••••••• | term loan first lien | $12.6M | $12.3M 99c | LIBOR+600 bp | Nov 23, 2028 |
| E••••••• A••••••••• L•• Capital E•••••••• | term loan first lien | $12.2M | $12.0M 100c | S+575 bp | Jul 6, 2028 |
| E••••••• A••••••••• L•• | term loan first lien | $12.2M | $12.0M 100c | SOFR+575 bp | Jul 6, 2028 |
| I••• H••••••• I••• | term loan first lien | $13.0M | $11.9M 96c | SOFR+475 bp | Jun 28, 2028 |
| I••• H••••••• I••• C•••••••••, P••••••••, & G•••• | term loan first lien | $13.0M | $11.9M 96c | S+475 bp | Jun 28, 2028 |
| C•••• I••••••••• I••• | term loan first lien | $14.1M | $11.8M 84c | LIBOR+700 bp PIK 7.00% | May 12, 2025 |
| C•••• I••••••••• I••• C••••••••• & B••••••• | term loan first lien | $14.1M | $11.8M 84c | S+700 bp PIK 7.00% | May 12, 2025 |
| N••••••• C••••• C••••••• G••••: D•••••• | term loan second lien | $11.4M | $11.4M 102c | S+900 bp | Mar 31, 2028 |
| S•••••• C••••• | term loan second lien | $11.4M | $11.4M 102c | LIBOR+900 bp | Apr 1, 2028 |
| A•••••• G•••• H••••••• L••• W•••••••• | term loan first lien | $11.5M | $11.3M 100c | S+590 bp | Jul 6, 2028 |
| A•••••• G•••• H••••••• L•• | term loan first lien | $11.5M | $11.3M 100c | SOFR+590 bp | Jul 6, 2028 |
| E•••••• B••••• I••• | delayed draw term loan first lien | $11.0M | $11.0M 100c | LIBOR+550 bp | Jul 19, 2025 |
| E•••••• B••••• I••• H••• T••• I••••••••• | delayed draw term loan first lien | $11.0M | $11.0M 100c | S+550 bp | Jul 19, 2025 |
| A•••••• H•••••••• I••• H••• T••• I••••••••• | term loan first lien | $11.3M | $10.9M 99c | S+725 bp | May 6, 2027 |
| A•••••• H•••••••• I••• | term loan first lien | $11.3M | $10.9M 99c | LIBOR+725 bp | May 6, 2027 |
| D••••••• I••• H•••••••• I•• H••• T••• I••••••••• | term loan first lien | $11.1M | $10.8M 97c | S+425 bp | Jul 30, 2025 |
| D••••••• I••• H•••••••• I•• | term loan first lien | $11.1M | $10.8M 97c | LIBOR+425 bp | Jul 30, 2025 |
| B•• J•••••••• H••••••• A••••••• ••• I•• L•• A•••••••• & D•••••• | equity equity | $11.9M | $10.4M 88c | ||
| B•• J•••••••• H••••••• A••••••• ••• I•• L•• | equity equity | $11.9M | $10.4M 88c | ||
| C•••••• B•••• L•••••• S••••••s: B••••••• | term loan first lien | $8.1M | $9.8M 90c | S+600 bp | Jan 29, 2029 |
| C•••••• B•••• L•••••• | term loan first lien | $8.1M | $9.8M 90c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+600 bp | Jan 29, 2029 |
| W• C•• H•••••••• L••• A•••••••• & D•••••• | term loan second lien | $11.7M | $9.4M 81c | S+775 bp | Apr 30, 2026 |
| W• C•• H•••••••• L•• S••••• | term loan second lien | $11.7M | $9.4M 81c | LIBOR+775 bp | Apr 30, 2026 |
| T••••• H••••••• | delayed draw term loan first lien | $9.4M | $9.4M 100c | SOFR+600 bp | Oct 2, 2027 |
| F•••• F•••••• T••••• H••••••• | delayed draw term loan first lien | $9.4M | $9.4M 100c | S+600 bp | Oct 2, 2025 |
| N•• L••• ••••••••• C••••••••• R••••• | term loan first lien | $9.7M | $9.3M 97c | S+550 bp | May 26, 2028 |
| N•• L••• ••••••••• C••••••••• | term loan first lien | $9.7M | $9.3M 97c | LIBOR+550 bp | May 26, 2028 |
| A••••• H••• T••• I••••••••• | delayed draw term loan first lien | $7.6M | $9.2M 107c | S+525 bp | Jun 4, 2029 |
| A••••• | delayed draw term loan first lien | $7.6M | $9.2M 107c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+525 bp | Jun 4, 2029 |
| F•••• I•••••••• M•••••• A••••••••• I••• | delayed draw term loan first lien | $9.1M | $9.1M 100c | S+575 bp | Dec 19, 2024 |
| M•••••• A••••••••• I••• | delayed draw term loan first lien | $9.1M | $9.1M 100c | LIBOR+575 bp | Dec 19, 2024 |
| F•••• I•••••••• M•••••• U• F•••••• L•••••• | term loan first lien | $7.5M | $9.1M 93c | S+575 bp | Dec 19, 2024 |
| M•••••• U• F•••••• L•••••• | term loan first lien | $7.5M | $9.1M 93c | SOFR+575 bp | Dec 19, 2024 |
| B••••••••• O•• • G••• L• | term loan first lien | $9.0M | $9.0M 100c | LIBOR+500 bp PIK 2.00% | Sep 3, 2025 |
| B••••••••• O•• • G••• L••• | term loan first lien | $9.0M | $9.0M 100c | LIBOR+500 bp PIK 2.00% | Sep 3, 2025 |
| B••••••••• O•• • G••• L••• E•••••: Oil & Gas | term loan first lien | $9.0M | $9.0M 100c | S+500 bp PIK 2.00% | Sep 3, 2025 |
| B••••••••• O•• • G••• L••• E•••••: Oil & Gas | term loan first lien | $9.0M | $9.0M 100c | S+500 bp PIK 2.00% | Sep 3, 2025 |
| T•••••• T••••••••• A••••••••• L•• C••••••• G••••: D•••••• | term loan second lien | $8.9M | $8.9M 102c | S+875 bp | May 30, 2028 |
| T•••••• T••••••••• A••••••••• L•••••••• L••• | term loan first lien | $8.9M | $8.9M 102c | SOFR+875 bp | May 30, 2028 |
| C•••• T••••••••• S•••••••• •••• H••• T••• I••••••••• | term loan first lien | $7.4M | $8.9M 100c | S+750 bp | Jan 3, 2030 |
| C•••• T••••••••• S•••••••• •••• | term loan first lien | $7.4M | $8.9M 100c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+750 bp | Jan 3, 2030 |
| O••• L••••••••• L•• | term loan second lien | $8.8M | $8.8M 101c | SOFR+900 bp | Dec 30, 2027 |
| O••• L••••••••• L•• T•••••••••: C•••• | term loan second lien | $8.8M | $8.8M 101c | S+900 bp | Dec 30, 2027 |
| m••••••• | term loan first lien | $8.5M | $8.5M 103c | LIBOR+750 bp | Jul 1, 2027 |
| m••••••• S••••••s: B••••••• | term loan first lien | $8.5M | $8.5M 103c | S+750 bp | Jul 1, 2027 |
| T••••••• H•••••••• I••• | term loan second lien | $9.5M | $8.3M 88c | LIBOR+850 bp | Nov 1, 2024 |
| P••••••••• H•••••••• I••• H••••••••• | term loan second lien | $9.5M | $8.3M 88c | S+850 bp | Nov 1, 2024 |
| E•••••••• C••••••••• R••••• M•••••••• C••••••• L•• M••••: D••••••••• & P••••••••• | term loan first lien | $9.7M | $8.3M 85c | S+675 bp | Jun 30, 2024 |
| E•••••••• C••••••••• R••••• M•••••••• C••••••• L•• | term loan first lien | $9.7M | $8.3M 85c | LIBOR+675 bp | Jun 30, 2024 |
| S••••••• | term loan first lien | $8.4M | $8.2M 101c | SOFR+675 bp | Dec 28, 2029 |
| S••••••• W•••••••• | term loan first lien | $8.4M | $8.2M 101c | S+675 bp | Dec 28, 2029 |
| W•••• I•••••••• | delayed draw term loan first lien | $8.3M | $8.2M 100c | SOFR+575 bp | Apr 1, 2026 |
| F•••• I•••••••• W•••• I•••••••• | delayed draw term loan first lien | $8.3M | $8.2M 100c | S+575 bp | Apr 1, 2026 |
| S••••• G•••• H•••••••• L•• H••••••••• & P••••••••• | term loan first lien | $8.7M | $8.2M 95c | S+575 bp | Jun 16, 2028 |
| S••••• G•••• H•••••••• L•• | term loan first lien | $8.7M | $8.2M 95c | LIBOR+575 bp | Jun 16, 2028 |
| J••• H•••••••• L•• A••••••••• | delayed draw term loan first lien | $8.3M | $8.1M 98c | S+575 bp | Sep 9, 2025 |
| J••• H•••••••• L•• | delayed draw term loan first lien | $8.3M | $8.1M 98c | LIBOR+575 bp | Sep 9, 2025 |
| J••••••• A••••••••• C•••••• | term loan second lien | $8.0M | $7.9M 100c | LIBOR+900 bp | Dec 22, 2027 |
| J••••••• A••••••••• C•••••• Capital E•••••••• | term loan second lien | $8.0M | $7.9M 100c | S+900 bp | Dec 22, 2027 |
| T••••••• L•• | term loan first lien | $8.5M | $7.5M 91c | LIBOR+700 bp | Dec 18, 2026 |
| T••••••• L•• R••••• | term loan first lien | $8.5M | $7.5M 91c | S+700 bp | Dec 18, 2026 |
| E••••• H••• T••• I••••••••• | term loan first lien | $7.4M | $7.4M 101c | S+800 bp | Apr 25, 2027 |
| E••••• S••••••• | term loan first lien | $7.4M | $7.4M 101c | SOFR+800 bp | Apr 25, 2027 |
| G•••• E••••••••• D••••• C••••• P• | term loan first lien | $7.7M | $7.3M 94c | LIBOR+425 bp PIK 0.50% | Sep 28, 2023 |
| G•••• E••••••••• D••••• C••••• P• H••••••••• & P••••••••• | term loan first lien | $7.7M | $7.3M 94c | S+425 bp PIK 0.50% | Sep 28, 2023 |
| P•••••• I••••••• L•• | term loan first lien | $7.1M | $7.1M 101c | LIBOR+575 bp | Jan 2, 2025 |
| P•••••• I••••••• L•• H••••••••• & P••••••••• | term loan first lien | $7.1M | $7.1M 101c | S+575 bp | Jan 2, 2025 |
| B•••• B•••• S••••••s: B••••••• | preferred equity equity | $5.7M | $7.1M 92c |
Registration
- Fiscal year end
- 1231reported
- Incorporated
- DEreported
- On the SEC BDC report
- 2018 to 2026reported
- Filings listed
- 19reported10-Q and 10-K since 2022
- Former names
- Sankaty Capital Corpreported
- Latest schedule
- 0001193125-26-342491reported