DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
BDC portfolio
Golub Capital BDC 3, Inc.
Fair value
$2.7B
as of Mar 31, 2024
Principal held
$2.6B
debt pieces, the filer's figure
Cost
$2.7B
100c on cost
Unfunded
n/a
commitments not yet drawn
Positions
1,354
323 borrowers
First lien
93%
94% debt by fair value
Quarters on the tape
6
since Sep 30, 2022
Facilities held
0
0 sponsors financed
Portfolio through time
Fair value by quarter end$2.7B as of Mar 31, 2024
Sep 30, 2022$2.3B then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Mar 31, 2024 | $2.7B | 323 | 99c | 135 | 599 bp |
| Dec 31, 2023 | $2.7B | 312 | 99c | 135 | 604 bp |
| Sep 30, 2023 | $2.6B | 295 | 98c | 119 | 602 bp |
| Jun 30, 2023 | $2.5B | 285 | 99c | 97 | 600 bp |
| Mar 31, 2023 | $2.5B | 284 | 98c | 92 | 599 bp |
| Sep 30, 2022 | $2.3B | 273 | 98c | 44 | 594 bp |
Each quarter end is the schedule as filed for that instant; a restated year end is taken from the latest filing that carries it.
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
Counted at BDC level here; the adviser page counts across every BDC it manages. A sponsor named by Form D signer consensus is an inference.
What changed
- New lender joined a facilityMar 31, 2024
- Marked down (one lender)Mar 31, 2024
- Marked down (one lender)Mar 31, 2024
- Marked down (one lender)Mar 31, 2024
- Marked down (one lender)Mar 31, 2024
- PIK interest increasedMar 31, 2024
- Spread increasedMar 31, 2024
- Spread increasedMar 31, 2024
- Spread increasedMar 31, 2024
- Spread increasedMar 31, 2024
- Spread increasedMar 31, 2024
- PIK interest increasedMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest increasedMar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Maturity shortened (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
Largest facilities held, with co-lenders
Schedule of investments at Mar 31, 2024
1,354 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| Hyland Software, Inc. | term loan first lien | $42.5M | $42.1M 100c | S+600 bp | Sep 1, 2030 |
| GS Acquisitionco, Inc. | term loan first lien | $39.4M | $39.2M 100c | S+500 bp | May 1, 2028 |
| Chase Intermediate | term loan first lien | $38.6M | $38.1M 99c | S+500 bp | Oct 1, 2028 |
| Riskonnect Parent, LLC | term loan first lien | $35.8M | $35.6M 100c | S+550 bp | Dec 1, 2028 |
| QAD, Inc. | term loan first lien | $34.1M | $34.1M 101c | S+538 bp | Nov 1, 2027 |
| BECO Holding Company, Inc. | term loan first lien | $33.5M | $33.5M 101c | S+525 bp | Nov 1, 2028 |
| Bayshore Intermediate #2, L.P. | term loan first lien | $32.8M | $32.8M 101c | S+750 bp | Oct 1, 2028 |
| Consilio Midco Limited | term loan first lien | $28.2M | $27.9M 95c | S+625 bp | May 1, 2028 |
| Diligent Corporation | term loan first lien | $27.1M | $27.1M 100c | S+625 bp | Aug 1, 2025 |
| Bonterra LLC | term loan first lien | $27.5M | $26.9M 99c | S+725 bp | Sep 1, 2027 |
| Amalthea Parent, Inc. | term loan first lien | $29.7M | $26.7M 91c | S+500 bp | Mar 1, 2027 |
| NBG Acquisition Corp. and NBG-P Acquisition Corp. | term loan first lien | $26.7M | $25.9M 97c | S+525 bp | Nov 1, 2028 |
| PT Intermediate Holdings III, LLC | term loan first lien | $24.1M | $24.1M 101c | S+598 bp | Nov 1, 2028 |
| Datix Bidco Limited | term loan first lien | $23.8M | $23.8M 93c | S+450 bp | Apr 1, 2025 |
| PAS Parent Inc. | term loan first lien | $22.3M | $22.0M 100c | S+500 bp | Dec 1, 2028 |
| Essential Services Holdings Corporation | term loan first lien | $21.8M | $21.6M 99c | S+575 bp | Nov 1, 2026 |
| Calabrio, Inc. | term loan first lien | $21.2M | $21.2M 101c | S+713 bp | Apr 1, 2027 |
| BJH Holdings III Corp. | term loan first lien | $20.9M | $20.7M 99c | S+450 bp | Aug 1, 2025 |
| Telesoft Holdings LLC | term loan first lien | $20.4M | $20.4M 101c | S+575 bp | Dec 1, 2025 |
| Liminex, Inc. | term loan first lien | $19.5M | $19.5M 101c | S+725 bp | Nov 1, 2026 |
| POY Holdings, LLC | term loan first lien | $19.1M | $19.1M 101c | S+550 bp | Nov 1, 2027 |
| Recordxtechnologies, LLC | term loan first lien | $18.2M | $18.2M 100c | S+650 bp | Dec 1, 2025 |
| J.S. Held Holdings, LLC | term loan first lien | $18.1M | $17.9M 100c | S+550 bp | Jul 1, 2025 |
| Inhabit IQ Inc. | term loan first lien | $16.4M | $16.4M 100c | S+550 bp | Jul 1, 2025 |
| Sapphire Bidco Oy | term loan first lien | $16.2M | $16.2M 109c | S+550 bp | Apr 1, 2029 |
| Appfire Technologies, LLC | term loan first lien | $15.9M | $15.7M 100c | S+550 bp | Mar 1, 2027 |
| BECO Holding Company, Inc. | preferred equity equity | n/a | $15.4M 107c | PIK 11.75% | |
| PT Intermediate Holdings III, LLC | term loan first lien | $15.3M | $15.3M 101c | S+598 bp | Nov 1, 2028 |
| Sonatype, Inc. | term loan first lien | $15.2M | $15.2M 100c | S+675 bp | Dec 1, 2025 |
| Fortis Solutions Group, LLC | term loan first lien | $15.7M | $15.2M 98c | S+550 bp | Oct 1, 2028 |
| MRI Software LLC | term loan first lien | $14.9M | $14.9M 100c | S+550 bp | Feb 1, 2027 |
| MAPF Holdings, Inc. | term loan first lien | $14.8M | $14.8M 100c | S+500 bp | Dec 1, 2026 |
| Anaplan, Inc. | term loan first lien | $14.8M | $14.8M 101c | S+650 bp | Jun 1, 2029 |
| AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | subordinated debt unsecured or subordinated | $14.9M | $14.8M 100c | 13.75% | Mar 1, 2028 |
| Project Nike Purchaser, LLC | term loan first lien | $14.6M | $14.1M 98c | S+600 bp | Apr 1, 2029 |
| Kaseya Inc. | term loan first lien | $14.1M | $14.1M 101c | S+600 bp PIK 2.50% | Jun 1, 2029 |
| Encorevet Group LLC | term loan first lien | $14.6M | $14.1M 97c | S+675 bp | Feb 1, 2027 |
| ERC Topco Holdings, LLC | term loan first lien | $17.5M | $13.7M 78c | S+625 bp PIK 3.25% | Nov 1, 2028 |
| CMI Parent Inc. | term loan first lien | $13.7M | $13.6M 100c | S+475 bp | Aug 1, 2025 |
| CG Group Holdings, LLC | term loan first lien | $13.7M | $13.6M 100c | S+875 bp PIK 2.00% | Jul 1, 2027 |
| Project Power Buyer, LLC | term loan first lien | $13.6M | $13.6M 102c | S+700 bp | May 1, 2026 |
| Bottomline Technologies, Inc. | term loan first lien | $13.5M | $13.3M 99c | S+525 bp | May 1, 2029 |
| Red Dawn SEI Buyer, Inc. | term loan first lien | $13.1M | $13.1M 100c | S+425 bp | Nov 1, 2025 |
| Bullhorn, Inc. | term loan first lien | $13.1M | $13.1M 101c | S+550 bp | Sep 1, 2026 |
| PHM NL SP Bidco B.V. | term loan first lien | $14.7M | $12.9M 83c | S+625 bp | Sep 1, 2028 |
| Sonatype, Inc. | term loan first lien | $12.9M | $12.9M 100c | S+675 bp | Dec 1, 2025 |
| Imperial Optical Midco Inc. | term loan first lien | $15.1M | $12.9M 86c | S+875 bp PIK 7.75% | May 1, 2024 |
| Blue River Pet Care, LLC | term loan first lien | $12.9M | $12.9M 101c | S+500 bp | Aug 1, 2026 |
| YE Brands Holding, LLC | term loan first lien | $12.8M | $12.8M 101c | S+575 bp | Oct 1, 2027 |
| Financial Information Technologies, LLC | term loan first lien | $12.3M | $12.5M 103c | S+650 bp | Jun 1, 2030 |
| Caerus Midco 3 S.A.R.L. | term loan first lien | $12.6M | $12.4M 99c | S+550 bp | May 1, 2029 |
| Spartan Buyer Acquisition Co. | term loan first lien | $12.8M | $12.4M 98c | S+850 bp PIK 2.00% | Jun 1, 2027 |
| Radwell Parent, LLC | term loan first lien | $12.3M | $12.3M 101c | S+653 bp | Mar 1, 2029 |
| Daxko Acquisition Corporation | term loan first lien | $12.4M | $12.1M 99c | S+550 bp | Oct 1, 2028 |
| Mindbody, Inc. | term loan first lien | $12.1M | $12.1M 100c | S+700 bp | Sep 1, 2025 |
| Norvax, LLC | term loan first lien | $12.3M | $12.1M 98c | S+750 bp | Sep 1, 2025 |
| Accession Risk Management Group, Inc. | term loan first lien | $12.0M | $11.8M 100c | S+550 bp | Nov 1, 2029 |
| TWAS Holdings, LLC | term loan first lien | $11.9M | $11.8M 100c | S+675 bp | Dec 1, 2026 |
| Blue River Pet Care, LLC | term loan first lien | $11.8M | $11.8M 101c | S+500 bp | Aug 1, 2026 |
| Workforce Software, LLC | term loan first lien | $11.9M | $11.8M 100c | S+725 bp PIK 3.00% | Jul 1, 2025 |
| GS Acquisitionco, Inc. | preferred equity equity | n/a | $11.5M 104c | PIK 11.00% | |
| Neptune Holdings, Inc. | term loan first lien | $11.3M | $11.3M 101c | S+600 bp | Sep 1, 2030 |
| Rainforest Bidco Limited | term loan first lien | $11.7M | $11.3M 105c | S+605 bp PIK 2.55% | Jul 1, 2029 |
| Transaction Data Systems, Inc. | term loan first lien | $11.0M | $11.0M 101c | S+425 bp | Feb 1, 2026 |
| Alera Group, Inc. | term loan first lien | $10.6M | $10.6M 101c | S+600 bp | Oct 1, 2028 |
| Liminex, Inc. | term loan first lien | $10.2M | $10.2M 101c | S+725 bp | Nov 1, 2026 |
| Spark Bidco Limited | term loan first lien | $10.7M | $10.0M 87c | S+475 bp | Aug 1, 2028 |
| NSG Buyer, Inc. | term loan first lien | $9.8M | $10.0M 103c | S+650 bp | Nov 1, 2029 |
| PPW Aero Buyer, Inc. | term loan first lien | $9.9M | $9.9M 103c | S+700 bp | Feb 1, 2029 |
| CST Holding Company | term loan first lien | $9.8M | $9.8M 102c | S+675 bp | Nov 1, 2028 |
| Radwell Parent, LLC | term loan first lien | $9.8M | $9.8M 102c | S+675 bp | Mar 1, 2029 |
| Denali Midco 2, LLC | term loan first lien | $9.8M | $9.8M 101c | S+575 bp | Dec 1, 2027 |
| Azul Systems, Inc. | term loan first lien | $9.5M | $9.5M 100c | S+450 bp | Apr 1, 2027 |
| Ministry Brands Holdings LLC | term loan first lien | $9.6M | $9.4M 99c | S+550 bp | Dec 1, 2028 |
| Inhabit IQ Inc. | term loan first lien | $9.3M | $9.3M 100c | S+550 bp | Jul 1, 2025 |
| MOP GM Holding, LLC | term loan first lien | $9.4M | $9.3M 99c | S+575 bp | Nov 1, 2026 |
| Tropical Smoothie Cafe Holdings, LLC | term loan first lien | $9.1M | $9.1M 101c | S+525 bp | Sep 1, 2026 |
| Coupa Holdings, LLC | term loan first lien | $9.1M | $9.1M 102c | S+750 bp | Feb 1, 2030 |
| Pluralsight, LLC | term loan first lien | $9.3M | $9.1M 98c | S+800 bp | Apr 1, 2027 |
| LeadsOnline, LLC | term loan first lien | $8.9M | $9.1M 104c | S+600 bp | Feb 1, 2028 |
| Majesco | term loan first lien | $9.0M | $9.0M 101c | S+475 bp | Sep 1, 2028 |
| EGD Security Systems, LLC | equity equity | n/a | $8.9M 620c | ||
| Arrow Buyer, Inc. | term loan first lien | $8.9M | $8.9M 102c | S+650 bp | Jul 1, 2030 |
| Riskonnect Parent, LLC | preferred equity equity | n/a | $8.9M 94c | PIK 11.00% | |
| Revalize, Inc. | preferred equity equity | n/a | $8.7M 117c | ||
| ACP Ulysses Buyer, Inc. | term loan first lien | $8.7M | $8.7M 102c | S+600 bp | Feb 1, 2029 |
| RW AM Holdco LLC | term loan first lien | $9.0M | $8.7M 97c | S+525 bp | Apr 1, 2028 |
| Red Dawn SEI Buyer, Inc. | term loan first lien | $8.6M | $8.6M 92c | S+450 bp | Nov 1, 2025 |
| Celerion Buyer, Inc. | term loan first lien | $8.5M | $8.5M 102c | S+650 bp | Nov 1, 2029 |
| Whitebridge Pet Brands, LLC | term loan first lien | $8.5M | $8.5M 101c | S+475 bp | Jul 1, 2027 |
| Datix Bidco Limited | term loan second lien | $8.5M | $8.4M 93c | S+775 bp | Apr 1, 2026 |
| Diligent Corporation | preferred equity equity | n/a | $8.4M 108c | PIK 10.50% | |
| IQN Holding Corp. | term loan first lien | $8.5M | $8.4M 100c | S+525 bp | May 1, 2029 |
| Suveto Buyer, LLC | term loan first lien | $8.3M | $8.2M 100c | S+425 bp | Sep 1, 2027 |
| SureWerx Purchaser III, Inc. | term loan first lien | $8.2M | $8.2M 102c | S+675 bp | Dec 1, 2029 |
| Zendesk, Inc. | term loan first lien | $8.2M | $8.2M 102c | S+625 bp | Nov 1, 2028 |
| RPL Bidco Limited | term loan first lien | $7.9M | $7.9M 91c | S+550 bp | Aug 1, 2028 |
| MRI Software LLC | term loan first lien | $7.9M | $7.9M 100c | S+550 bp | Feb 1, 2027 |
| Pareto Health Intermediate Holdings, Inc. | term loan first lien | $7.8M | $7.8M 102c | S+625 bp | May 1, 2030 |
| Saturn Borrower Inc. | term loan first lien | $7.9M | $7.7M 99c | S+650 bp | Sep 1, 2026 |
Page 1 of 14Next
Registration
- Fiscal year end
- 0930reported
- Incorporated
- MDreported
- On the SEC BDC report
- 2018 to 2023reported
- Filings listed
- 10reported10-Q and 10-K since 2022
- Latest schedule
- 0001715268-24-000036reported