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 |
|---|---|---|---|---|---|
| M••••••• C••••••••• L••• | revolver first lien | $282,000 | $254,000 110c | SOFR+500 bp | Jul 17, 2028 |
| M••••••• C••••••••• L••• T••••••••• | revolver first lien | $282,000 | $254,000 110c | S+500 bp | Jul 17, 2028 |
| C•••••• B•••• L•••••• S••••••s: B••••••• | term loan first lien | $237,000 | $237,000 101c | S+550 bp | Jun 7, 2028 |
| C•••••• B•••• L•••••• | term loan first lien | $237,000 | $237,000 101c | LIBOR+550 bp | Jun 7, 2028 |
| M••••• 5••• G••• H••••••••• & P••••••••• | term loan first lien | $225,000 | $236,000 95c | S+625 bp | May 28, 2026 |
| M••••• 5••• G••• | term loan first lien | $225,000 | $236,000 95c | //baincapital.com/20230331#Euro Interbank Offer Rate+625 bp | May 28, 2026 |
| M••• | term loan first lien | $216,000 | $231,000 93c | //baincapital.com/20230331#Euro Interbank Offer Rate+550 bp | Jul 26, 2028 |
| F•••• I•••••••• M••• | term loan first lien | $216,000 | $231,000 93c | S+550 bp | Jul 26, 2028 |
| D••••• T•••••• I•• T•••••••••: C••••••• | term loan first lien | $202,000 | $202,000 100c | S+600 bp | Oct 2, 2025 |
| D••••• T•••••• I••• | term loan first lien | $202,000 | $202,000 100c | SOFR+600 bp | Oct 2, 2025 |
| D••••• T•••••• I•• T•••••••••: C••••••• | term loan first lien | $202,000 | $202,000 100c | S+600 bp | Oct 2, 2025 |
| D••••• T•••••• I•• | term loan first lien | $202,000 | $202,000 100c | SOFR+600 bp | Oct 2, 2025 |
| P•• | preferred equity equity | $33,000 | $201,000 | ||
| H••••••••• H••••••• P•• | preferred equity equity | $33,000 | $201,000 | ||
| O•• B•••• L•••••• | term loan first lien | $139,000 | $168,000 102c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+625 bp | Jun 29, 2029 |
| O•• B•••• L•••••• M••••: P••••••••• | term loan first lien | $139,000 | $168,000 102c | S+625 bp | Jun 29, 2029 |
| S•••• H••••••• L••••••••• S••••••• | term loan first lien | $155,000 | $166,000 92c | //baincapital.com/20230331#Euro Interbank Offer Rate+850 bp | Feb 17, 2026 |
| S•••• H••••••• L••••••••• S••••••• S••••••s: B••••••• | term loan first lien | $155,000 | $166,000 92c | S+850 bp | Feb 17, 2026 |
| E••••• H••• T••• I••••••••• | revolver first lien | $149,000 | $149,000 110c | S+825 bp | Sep 25, 2026 |
| E••••• S••••••• | revolver first lien | $149,000 | $149,000 110c | SOFR+825 bp | Sep 25, 2026 |
| O•••• S••••••s: B••••••• | term loan first lien | $123,000 | $148,000 89c | S+500 bp | May 5, 2028 |
| O•••• | term loan first lien | $123,000 | $148,000 89c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+500 bp | May 5, 2028 |
| D•••• B•••• L•••••• | term loan second lien | $121,000 | $147,000 90c | SOFR+775 bp | Apr 27, 2026 |
| P•••••••• | term loan first lien | $125,000 | $147,000 87c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+600 bp | Jul 15, 2028 |
| P•••••••• S••••••s: B••••••• | term loan first lien | $125,000 | $147,000 87c | S+600 bp | Jul 15, 2028 |
| D•••• B•••• L•••••• H••••••••• & P••••••••• | term loan second lien | $121,000 | $147,000 90c | S+775 bp | Apr 27, 2026 |
| Z••••••• B•••• P•• L•••••• S••••••s: C••••••• | term loan first lien | $206,000 | $140,000 99c | S+500 bp | Jun 28, 2024 |
| Z••••••• B•••• P•• L•••••• | term loan first lien | $206,000 | $140,000 99c | //baincapital.com/20230331#Bank Bill Swap Bid Rate+500 bp | Jun 28, 2024 |
| M••••• 5••• G••• H••••••••• & P••••••••• | term loan first lien | $131,000 | $138,000 97c | S+625 bp | May 28, 2026 |
| M••••• 5••• G••• | term loan first lien | $131,000 | $138,000 97c | //baincapital.com/20230331#Euro Interbank Offer Rate+625 bp | May 28, 2026 |
| U••••••• I••• | term loan first lien | $128,000 | $128,000 101c | SOFR+600 bp | May 13, 2029 |
| C•••••••• U•••••• H••• T••• I••••••••• | term loan first lien | $128,000 | $128,000 101c | S+600 bp | May 13, 2029 |
| G•••••• I••••••••• H••••••• L•• T•••••••••: C•••• | warrants equity | $122,000 | $125,000 | ||
| G•••••• I••••••••• H••••••• L•• | warrants equity | $122,000 | $125,000 | ||
| L••••••• P••• S••••••s: B••••••• | term loan first lien | $102,000 | $123,000 94c | S+725 bp PIK 7.25% | Jul 7, 2028 |
| L••••••• P••• | term loan first lien | $102,000 | $123,000 94c | LIBOR+725 bp PIK 7.25% | Jul 7, 2028 |
| S••••••• | revolver first lien | $134,000 | $113,000 106c | S+675 bp | Dec 29, 2028 |
| S••••••• W•••••••• | revolver first lien | $134,000 | $113,000 106c | S+675 bp | Dec 28, 2028 |
| M••• | term loan first lien | $100,000 | $107,000 106c | //baincapital.com/20230331#Euro Interbank Offer Rate+550 bp | Jul 26, 2028 |
| F•••• I•••••••• M••• | term loan first lien | $100,000 | $107,000 106c | S+550 bp | Jul 26, 2028 |
| I••••••••• E••••••••• I••••••••• L•••••• | term loan first lien | $87,000 | $106,000 99c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+475 bp | Nov 30, 2025 |
| I••••••••• E••••••••• I••••••••• L•••••• M••••: D••••••••• & P••••••••• | term loan first lien | $87,000 | $106,000 99c | S+475 bp | Nov 30, 2025 |
| V• G••••• H••••••• L•• C••••••••, P••••••• & R••••• | term loan first lien | $100,000 | $103,000 100c | S+575 bp | Dec 22, 2027 |
| V• G••••• H••••••• L•• | term loan first lien | $100,000 | $103,000 100c | //baincapital.com/20230331#Euro Interbank Offer Rate+575 bp | Dec 22, 2027 |
| C•••••••• U•••••• H••• T••• I••••••••• | term loan first lien | $92,000 | $99,000 101c | S+600 bp | May 13, 2029 |
| U••••••• I••• | term loan first lien | $92,000 | $99,000 101c | //baincapital.com/20230331#Euro Interbank Offer Rate+600 bp | May 13, 2029 |
| C•••• A••••••••• | term loan first lien | $98,000 | $98,000 101c | S+500 bp | May 12, 2028 |
| C•••• | term loan first lien | $98,000 | $98,000 101c | LIBOR+500 bp | May 12, 2028 |
| A••••• | term loan first lien | $80,000 | $97,000 99c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+525 bp | Jun 4, 2029 |
| A••••• H••• T••• I••••••••• | term loan first lien | $80,000 | $97,000 99c | S+525 bp | Jun 4, 2029 |
| A••••• | term loan first lien | $80,000 | $97,000 99c | //baincapital.com/20221231#Sterling Overnight Interbank Average Rate+525 bp | Jun 4, 2029 |
| i•••••••• S••••••s: B••••••• | term loan first lien | $80,000 | $85,000 102c | S+1000 bp PIK 10.00% | Jul 13, 2028 |
| i•••••••• | term loan first lien | $80,000 | $85,000 102c | 10.00% PIK 10.00% | Jul 13, 2028 |
| V•••• B•••• A• | term loan first lien | $570,000 | $82,000 89c | //baincapital.com/20230331#Copenhagen Interbank Offered Rate+400 bp | Mar 10, 2025 |
| R••••••• | term loan first lien | $68,000 | $82,000 100c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+625 bp | Jun 24, 2029 |
| R••••••• E••••••••• I••••••••• | term loan first lien | $68,000 | $82,000 100c | S+625 bp | Jun 24, 2029 |
| C•••••••• V•••• B•••• A• H••• T••• I••••••••• | term loan first lien | $570,000 | $82,000 89c | S+400 bp | Mar 10, 2025 |
| C•••••••• V•••• B•••• A• H••• T••• I••••••••• | term loan first lien | $740,000 | $76,000 82c | S+400 bp | Mar 10, 2025 |
| V•••• B•••• A• | term loan first lien | $740,000 | $76,000 82c | //baincapital.com/20230331#Norwegian Interbank Offered Rate+400 bp | Mar 10, 2025 |
| T•• S•••• B•••• P•• L•• M••••: A•••••••••, P••••••• & P••••••••• | term loan first lien | $97,000 | $66,000 88c | S+700 bp | Apr 30, 2026 |
| T•• S•••• B•••• P•• L•• | term loan first lien | $97,000 | $66,000 88c | //baincapital.com/20230331#Bank Bill Swap Rate+700 bp | Apr 30, 2026 |
| F•••• F•••••• F•• U• F•••• L•••••• | term loan first lien | $81,000 | $55,000 100c | S+550 bp | Sep 30, 2026 |
| F•• U• F•••• L•••••• | term loan first lien | $81,000 | $55,000 100c | LIBOR+550 bp | Sep 30, 2026 |
| S••••• F•••• B• | term loan first lien | $503,000 | $51,000 100c | //baincapital.com/20230331#Norwegian Interbank Offered Rate+600 bp | Jul 15, 2029 |
| S••••• F•••• B• S••••••s: B••••••• | term loan first lien | $503,000 | $51,000 100c | S+600 bp | Jul 15, 2029 |
| S••••• B•••• L•••••• | term loan first lien | $54,000 | $46,000 69c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+700 bp | May 11, 2026 |
| S••••• B•••• L•••••• S••••••s: C••••••• | term loan first lien | $54,000 | $46,000 69c | S+700 bp PIK 7.00% | May 11, 2026 |
| P•••••••• S••••••s: B••••••• | delayed draw term loan first lien | $39,000 | $45,000 90c | S+600 bp | Jul 15, 2028 |
| P•••••••• | delayed draw term loan first lien | $39,000 | $45,000 90c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+600 bp | Jul 15, 2028 |
| N•• L••• V••••• G•••• R••••• | delayed draw term loan first lien | $55,000 | $39,000 89c | S+550 bp | May 26, 2028 |
| N•• L••• V••••• G•••• | delayed draw term loan first lien | $55,000 | $39,000 89c | //baincapital.com/20230331#Canadian Dollar Offered Rate+550 bp | May 26, 2028 |
| N•• I••••••••• I••• | equity equity | $342,000 | $35,000 7c | ||
| N•• I••••••••• I••• B•••••••, F••• & T•••••• | equity equity | $342,000 | $35,000 7c | ||
| F•••• I•••••••• P•••••• B•••• L•••••• | revolver first lien | $32,000 | $34,000 94c | S+550 bp | Nov 26, 2028 |
| P•••••• B•••• L•••••• | revolver first lien | $32,000 | $34,000 94c | //baincapital.com/20230331#Euro Interbank Offer Rate+550 bp | Nov 26, 2028 |
| R••••••• E••••••••• I••••••••• | term loan first lien | $27,000 | $29,000 104c | S+600 bp | Jun 24, 2029 |
| D•••• B•••• L•••••• H••••••••• & P••••••••• | term loan first lien | $42,000 | $29,000 91c | S+450 bp | Apr 28, 2025 |
| R••••••• | term loan first lien | $27,000 | $29,000 104c | //baincapital.com/20230331#Euro Interbank Offer Rate+600 bp | Jun 24, 2029 |
| D•••• B•••• L•••••• | term loan first lien | $42,000 | $29,000 91c | //baincapital.com/20230331#Bank Bill Swap Bid Rate+450 bp | Apr 28, 2025 |
| C•••••• B•••• L•••••• S••••••s: B••••••• | delayed draw term loan first lien | $16,000 | $19,000 95c | S+600 bp | Jan 29, 2029 |
| C•••••• B•••• L•••••• | delayed draw term loan first lien | $16,000 | $19,000 95c | //baincapital.com/20230331#Sterling Overnight Interbank Average Rate+600 bp | Jan 29, 2029 |
| N•• L••• V••••• G•••• R••••• | delayed draw term loan first lien | $29,000 | $18,000 82c | S+550 bp | May 26, 2028 |
| N•• L••• V••••• G•••• | delayed draw term loan first lien | $29,000 | $18,000 82c | //baincapital.com/20230331#Canadian Dollar Offered Rate+550 bp | May 26, 2028 |
| D•••• B•••• L•••••• | revolver first lien | $10,000 | $12,000 109c | SOFR+450 bp | Apr 28, 2025 |
| D•••• B•••• L•••••• H••••••••• & P••••••••• | revolver first lien | $10,000 | $12,000 109c | S+450 bp | Oct 28, 2024 |
| C••••••• G••••• W•••••••• W•• | revolver first lien | $47,000 | $8,000 20c | S+625 bp | Apr 27, 2027 |
| W•• | revolver first lien | $47,000 | $8,000 20c | LIBOR+625 bp | Apr 27, 2027 |
| C•••• T••••••••• S•••••••• •••• H••• T••• I••••••••• | revolver first lien | Not disclosed | -$17,000 131c | S+750 bp | |
| C•••• T••••••••• S•••••••• •••• | revolver first lien | Not disclosed | -$17,000 | S+750 bp | Jul 3, 2029 |
| C•••••••• S••••• L•• H••• T••• I••••••••• | revolver first lien | Not disclosed | -$19,000 95c | S+800 bp | Dec 9, 2026 |
| S••••• L•• | revolver first lien | Not disclosed | -$19,000 | S+800 bp | Dec 9, 2026 |
| S••••••• | delayed draw term loan first lien | Not disclosed | -$20,000 | S+675 bp | Dec 28, 2029 |
| S••••••• W•••••••• | delayed draw term loan first lien | Not disclosed | -$20,000 67c | S+675 bp | Dec 28, 2029 |
| A•••••• H•••••••• I••• H••• T••• I••••••••• | revolver first lien | Not disclosed | -$23,000 209c | S+725 bp | May 6, 2027 |
| A•••••• H•••••••• I••• | revolver first lien | Not disclosed | -$23,000 | S+725 bp | May 6, 2027 |
| C•• G•••• H•••••••• I••• H••••••••• & P••••••••• | revolver first lien | Not disclosed | -$25,000 -93c | S+575 bp | Mar 3, 2025 |
| C•• G•••• H•••••••• I••• | revolver first lien | Not disclosed | -$25,000 | S+575 bp | Mar 3, 2025 |
| C•••••••• V••••• H•••••• I••• H••• T••• I••••••••• | revolver first lien | Not disclosed | -$30,000 143c | Sep 3, 2025 | |
| V••••• H•••••• I••• | revolver first lien | Not disclosed | -$30,000 | S+550 bp | Sep 3, 2025 |
| A••••••••• | revolver first lien | Not disclosed | -$34,000 | S+625 bp | May 25, 2028 |
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