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 Mar 31, 2025
560 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| U•••••• H••• T••• I••••••••• | preferred equity equity | $2,000 | $2.2M 99c | ||
| H•••••• B•••••••, F••• & T•••••• | delayed draw term loan first lien | $4.0M | $2.2M 90c | //www.baincapital.com/20250331#Bank Bill Benchmark Rate+356 bp PIK 2.19% | Sep 27, 2030 |
| V••••• W•••• U••••••••: W•••• | term loan first lien | $2.2M | $2.2M 101c | SOFR+475 bp | Jul 24, 2031 |
| E•• H••••• H••••••••• & P••••••••• | equity equity | $2.2M | $2.2M 100c | ||
| S••••• S••••••s: B••••••• | term loan first lien | $2.0M | $2.2M 101c | //www.baincapital.com/20250331#Euro Interbank Offered Rate+650 bp | Feb 22, 2031 |
| A• P••••••• G••••• L•• C••••••••, P••••••• & R••••• | term loan first lien | $2.1M | $2.1M 101c | SOFR+485 bp | Aug 10, 2028 |
| T•••••• T••••••••• | equity equity | $2.3M | $2.1M 94c | ||
| G••••••••• Capital E•••••••• | delayed draw term loan first lien | $1.6M | $2.1M 100c | //www.baincapital.com/20250331#Sterling Overnight Index Average+525 bp | Feb 10, 2032 |
| F•••• F•••••• I••••••• F•••••••• G•••• L•• | term loan first lien | $2.1M | $2.1M 99c | S+1000 bp PIK 10.00% | Aug 1, 2027 |
| A•• V••••• H••••••••• & P••••••••• | term loan first lien | $2.1M | $2.1M 101c | SOFR+590 bp | Mar 27, 2027 |
| E••• I•• S••••••s: B••••••• | delayed draw term loan first lien | $2.2M | $2.1M 96c | SOFR+540 bp | Oct 30, 2030 |
| P•••••• I••••••• L•• H••••••••• & P••••••••• | term loan first lien | $2.2M | $1.9M 90c | SOFR+226 bp PIK 4.00% | Mar 31, 2026 |
| R•••••••• I••• H••• T••• I••••••••• | delayed draw term loan first lien | $2.0M | $1.9M 98c | SOFR+590 bp | Apr 15, 2027 |
| H••••••••• H••••••••• & P••••••••• | term loan first lien | $1.9M | $1.9M 100c | SOFR+610 bp | Aug 20, 2029 |
| H••••••••• H••••••••• & P••••••••• | preferred equity equity | $18,000 | $1.9M 104c | ||
| G••••••••• Capital E•••••••• | delayed draw term loan first lien | $1.7M | $1.8M 106c | //www.baincapital.com/20250331#Euro Interbank Offered Rate+525 bp | Feb 10, 2032 |
| A•• A•• C•••••• Capital E•••••••• | revolver first lien | $1.8M | $1.8M 102c | SOFR+550 bp | Oct 31, 2029 |
| E••••••••• M••••••• S•••••• S••••••s: B••••••• | equity equity | $148,000 | $1.8M 115c | ||
| A• S••••••• C••••••••• H••• T••• I••••••••• | preferred equity equity | $2,000 | $1.8M 99c | ||
| A•••••• H•••••••• I••• H••• T••• I••••••••• | equity equity | $2.1M | $1.8M 111c | ||
| W••••••••• S••••••s: B••••••• | delayed draw term loan first lien | $1.8M | $1.8M 101c | //www.baincapital.com/20250331#Sterling Overnight Index Average+625 bp | Dec 18, 2030 |
| R•••••• T•••••••••: C•••• | revolver first lien | $1.7M | $1.7M 105c | SOFR+625 bp | Dec 29, 2028 |
| M••••• C••••••••• S••••••s: C••••••• | term loan first lien | $1.7M | $1.7M 100c | //www.baincapital.com/20250331#Sterling Overnight Index Average+875 bp | Jun 21, 2029 |
| P••••••• P••••••• H••••••••• & P••••••••• | term loan first lien | $1.7M | $1.7M 101c | SOFR+650 bp | Feb 28, 2029 |
| R•••• S••••••s: B••••••• | delayed draw term loan first lien | $1.6M | $1.7M 97c | //www.baincapital.com/20250331#Euro Interbank Offered Rate+675 bp | Sep 12, 2031 |
| W• H•••••• I••• C••••••• G••••: N••••••••• | delayed draw term loan first lien | $1.7M | $1.7M 101c | SOFR+500 bp | Mar 26, 2027 |
| F•••• F•••••• C••••••• W••••• | delayed draw term loan first lien | $1.6M | $1.6M 100c | SOFR+560 bp | Jun 30, 2029 |
| A•••••••• A••••••••• C• L•• C•••••••••, P•••••••• & G•••• | revolver first lien | $1.6M | $1.6M 102c | SOFR+611 bp | Dec 29, 2027 |
| S•••••• M••••• C••••••••• & B••••••• | term loan first lien | $1.6M | $1.6M 101c | SOFR+586 bp PIK 1.00% | Aug 16, 2027 |
| N•••••• H••••••••• & P••••••••• | delayed draw term loan first lien | $1.5M | $1.5M 103c | //www.baincapital.com/20250331#Euro Interbank Offered Rate+525 bp | Aug 29, 2031 |
| T••••••• L•• R••••• | term loan first lien | $1.5M | $1.5M 100c | SOFR+1026 bp PIK 10.26% | Jun 18, 2029 |
| T•• H••••• L• C••••••• G••••: D•••••• | equity equity | $1.3M | $1.5M 126c | ||
| A•••••• G•••• H••••••• L••• W•••••••• | revolver first lien | $2.1M | $1.5M 75c | SOFR+205 bp PIK 4.60% | Jul 6, 2028 |
| F•••••• S•••• A•••••••• & D•••••• | equity equity | $930,000 | $1.5M 161c | ||
| D•••• P••••••• S••••••s: B••••••• | term loan first lien | $1.5M | $1.5M 101c | SOFR+775 bp | Jun 1, 2028 |
| E••••• H••• T••• I••••••••• | revolver first lien | $1.5M | $1.5M 100c | SOFR+810 bp | Sep 25, 2026 |
| F•••• F•••••• A••••••• F•••••••• G••••• L••• | term loan first lien | $1.5M | $1.5M 101c | SOFR+475 bp | Dec 23, 2027 |
| A••••• G•••••• U•••••• I••• B•••••••, F••• & T•••••• | revolver first lien | $1.5M | $1.5M 97c | SOFR+676 bp PIK 4.00% | May 24, 2028 |
| W••••••••• A•••••••• & D•••••• | revolver first lien | $1.5M | $1.5M 101c | Prime+550 bp | Feb 28, 2029 |
| M••••• S••••• S••••••s: B••••••• | revolver first lien | $1.5M | $1.5M 101c | SOFR+510 bp | Apr 25, 2028 |
| L•••••••• F•••• L•••••• M••••: B••••••••• & S••••••••• | term loan first lien | $1.4M | $1.4M 100c | SOFR+568 bp | Aug 31, 2028 |
| A• S••••••• C••••••••• H••• T••• I••••••••• | preferred equity equity | $1,000 | $1.4M 100c | ||
| D• B••• T••••••••• | term loan first lien | $1.4M | $1.4M 103c | SOFR+100 bp PIK 9.00% | Jun 30, 2025 |
| L•••••••• F•••• L•••••• M••••: B••••••••• & S••••••••• | term loan first lien | $1.3M | $1.4M 98c | //www.baincapital.com/20250331#Euro Interbank Offered Rate+550 bp | Aug 31, 2028 |
| W•• G••••••• P•••••••• E•••••: E••••••••• | term loan first lien | $1.4M | $1.4M 100c | SOFR+601 bp | Nov 19, 2027 |
| S•••••••• B•••••••, F••• & T•••••• | subordinated debt unsecured or subordinated | $1.4M | $1.4M 100c | S+1375 bp PIK 13.75% | Feb 19, 2033 |
| G••••••••• Capital E•••••••• | term loan first lien | $1.1M | $1.4M 104c | //www.baincapital.com/20250331#Sterling Overnight Index Average+525 bp | Feb 6, 2032 |
| C••• B•• H••••, G••••• & L•••••• | preferred equity equity | $5,000 | $1.3M 106c | ||
| F•••• F•••••• S••••••••• | delayed draw term loan first lien | $1.4M | $1.3M 97c | SOFR+500 bp | Dec 31, 2031 |
| F••••••• T••••••••• I••• C••••••• G••••: N••••••••• | equity equity | $939,000 | $1.3M 137c | ||
| G•••• P•••• S• A••••••••• | delayed draw term loan first lien | $1.2M | $1.2M 101c | SOFR+550 bp | May 17, 2029 |
| E•••••••• C••••••••• R••••• M•••••••• C••••••• L•• M••••: D••••••••• & P••••••••• | revolver first lien | $1.2M | $1.2M 100c | SOFR+661 bp | Sep 30, 2026 |
| P••• W•••• S••••••s: B••••••• | equity equity | $1.2M | $1.2M 100c | ||
| G•••••• I••••••••• H••••••• L•• T•••••••••: C•••• | preferred equity equity | $11,000 | $1.2M 108c | ||
| D•••••••• S••••• L••••• S••••••s: B••••••• | delayed draw term loan first lien | $1.2M | $1.2M 105c | SOFR+550 bp | Mar 18, 2030 |
| F•••• F•••••• L••••• C•••••••• L•••••• H•••••• L•• | equity equity | $1,000 | $1.2M 130c | ||
| A•• A•••••••• & D•••••• | revolver first lien | $1.1M | $1.1M 100c | SOFR+575 bp | Jul 12, 2029 |
| J••• H•••••••• L•• A••••••••• | revolver first lien | $1.1M | $1.1M 103c | Prime+425 bp | Sep 9, 2027 |
| E•• C••••••••• & B••••••• | preferred equity equity | $72,000 | $1.1M 153c | ||
| A• S••••••• C••••••••• H••• T••• I••••••••• | preferred equity equity | $1,000 | $1.1M 99c | ||
| E••••• H••• T••• I••••••••• | preferred equity equity | $896,000 | $1.1M 121c | ||
| T•••••• T••••••••• | revolver first lien | $1.1M | $1.1M 99c | SOFR+725 bp | Feb 28, 2029 |
| B•••• B•••• S••••••s: B••••••• | term loan first lien | $861,000 | $1.1M 93c | //www.baincapital.com/20250331#Sterling Overnight Index Average+403 bp PIK 3.50% | Jul 10, 2028 |
| H•••••• B•••••••, F••• & T•••••• | delayed draw term loan first lien | $1.8M | $1.1M 87c | //www.baincapital.com/20250331#Bank Bill Swap Bid Rate+356 bp PIK 2.19% | Sep 27, 2030 |
| G•• H•••••••• L•• A•••••••• & D•••••• | term loan first lien | $1.1M | $1.0M 94c | SOFR+590 bp | Nov 5, 2027 |
| R••••• O••••••••• ••••••• R••••••••• H••••••••• & P••••••••• | revolver first lien | $1.1M | $1.0M 100c | SOFR+500 bp | Feb 28, 2031 |
| F•••• I•••••••• M••• | term loan first lien | $956,000 | $1.0M 101c | //www.baincapital.com/20250331#Euro Interbank Offered Rate+675 bp | Feb 1, 2029 |
| G••• W•••• I••••••••• T•••••••••: C•••• | term loan first lien | $1.1M | $1.0M 97c | SOFR+760 bp | Dec 16, 2028 |
| C•••• I••••••••• I••• C••••••••• & B••••••• | revolver first lien | $1.1M | $1.0M 100c | SOFR+565 bp PIK 1.50% | Nov 11, 2027 |
| H••••• W•••••••• | equity equity | $1,000 | $995,000 153c | ||
| P•••••••• U••••••• H•••••••• L•• A•••••••• & D•••••• | equity equity | $1.4M | $975,000 69c | ||
| R•••••• T•••••••••: C•••• | delayed draw term loan first lien | $936,000 | $936,000 101c | SOFR+625 bp | Dec 29, 2028 |
| D••• S••••••s: B••••••• | equity equity | $4.0M | $936,000 | ||
| S•••••• M••••• C••••••••• & B••••••• | term loan first lien | $921,000 | $921,000 101c | SOFR+601 bp PIK 1.00% | Aug 16, 2027 |
| V••••• H•••••• I••• H••• T••• I••••••••• | equity equity | $529,000 | $909,000 32c | ||
| A•• L••••••••• I••• T•••••••••: C•••• | term loan first lien | $933,000 | $886,000 96c | SOFR+565 bp PIK 1.25% | Aug 3, 2026 |
| V••••• W•••• U••••••••: W•••• | delayed draw term loan first lien | $879,000 | $879,000 102c | SOFR+475 bp | Jul 24, 2031 |
| F•••• F•••••• A••••••• F•••••••• G••••• L•••••••• L••• | delayed draw term loan first lien | $877,000 | $877,000 104c | SOFR+500 bp | Dec 23, 2027 |
| A•• A•• C•••••• Capital E•••••••• | delayed draw term loan first lien | $871,000 | $871,000 104c | SOFR+550 bp | Oct 31, 2029 |
| F•••• F•••••• A••••••• F•••••••• G••••• L••• | delayed draw term loan first lien | $854,000 | $854,000 101c | SOFR+475 bp | Dec 23, 2027 |
| S••••••• W•••••••• | revolver first lien | $845,000 | $845,000 102c | SOFR+525 bp | Dec 28, 2028 |
| N••••••••• I••••••••• T••••••••• C••••••• P••••••••• A•••••• T•••••••••: C••••••• | term loan first lien | $833,000 | $833,000 100c | SOFR+550 bp | May 1, 2029 |
| F•••• F•••••• L••••••• | term loan first lien | $750,000 | $811,000 104c | //www.baincapital.com/20250331#Euro Interbank Offered Rate+350 bp | Dec 20, 2028 |
| E•• C••••••••• & B••••••• | equity equity | $1,000 | $810,000 11571c | ||
| R•••••••• I••• H••• T••• I••••••••• | revolver first lien | $804,000 | $777,000 97c | SOFR+590 bp | Apr 15, 2027 |
| F•••• I•••••••• M••••••• A••••••••• I••• | delayed draw term loan first lien | $748,000 | $748,000 100c | SOFR+590 bp | Dec 16, 2025 |
| A•• S••••••s: B••••••• | revolver first lien | $767,000 | $733,000 100c | SOFR+525 bp | Oct 17, 2031 |
| W••••• E••••• C••••••• G••••: D•••••• | delayed draw term loan first lien | $724,000 | $724,000 100c | SOFR+690 bp PIK 6.90% | Mar 31, 2029 |
| V••••••• B••• C•••••• | term loan unsecured or subordinated | $10,000 | $701,000 7010c | ||
| A•••••• H••••, G••••• & L•••••• | revolver first lien | $698,000 | $698,000 102c | SOFR+525 bp | Sep 6, 2030 |
| S••••• S••••••s: B••••••• | equity equity | $500,000 | $652,000 120c | ||
| F•••• I•••••••• M•••••• U• F•••••• L•••••• | revolver first lien | $499,000 | $644,000 98c | //www.baincapital.com/20250331#Sterling Overnight Index Average+575 bp | Dec 19, 2025 |
| R•• C••••••• I••• A• O•••• L••• T•••••••••: C•••• | equity equity | $1.4M | $636,000 46c | ||
| A••••••• A•••••• S••••••s: B••••••• | preferred equity equity | $592,000 | $622,000 105c | ||
| H••••••••• H••••••••• & P••••••••• | delayed draw term loan first lien | $606,000 | $606,000 101c | SOFR+610 bp | Aug 20, 2029 |
| T•••••• T••••••••• | term loan first lien | $595,000 | $589,000 99c | SOFR+725 bp | Feb 28, 2029 |
| F•••• F•••••• C••••••• W••••• | equity equity | $16,000 | $589,000 182c | ||
| C•••••• A••••••••• | revolver first lien | $569,000 | $541,000 100c | SOFR+550 bp | Feb 5, 2031 |
| L• B••••• S• H••••, G••••• & L•••••• | delayed draw term loan first lien | $500,000 | $539,000 103c | //www.baincapital.com/20250331#Euro Interbank Offered Rate+375 bp | Feb 21, 2028 |
| S••••••• W•••••••• | delayed draw term loan first lien | $535,000 | $535,000 102c | SOFR+525 bp | Dec 28, 2029 |
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