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.
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A••••• D••• S•••••••• B••
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $25B | 428 | 99c | 30 | 459 bp |
| Mar 31, 2026 | $25B | 428 | 99c | 35 | 457 bp |
| Dec 31, 2025 | $26B | 444 | 100c | 28 | 452 bp |
| Sep 30, 2025 | $22B | 438 | 101c | 36 | 459 bp |
| Jun 30, 2025 | $20B | 395 | 101c | 33 | 475 bp |
| Mar 31, 2025 | $82B | 535 | 100c | 23 | 486 bp |
| Dec 31, 2024 | $73B | 516 | 100c | 25 | 499 bp |
| Sep 30, 2024 | $57B | 444 | 101c | 20 | 510 bp |
| Jun 30, 2024 | $52B | 395 | 100c | 13 | 533 bp |
| Mar 31, 2024 | $29B | 312 | 101c | 10 | 547 bp |
| Dec 31, 2023 | $30B | 261 | 101c | 8 | 575 bp |
| Sep 30, 2023 | $24B | 248 | 100c | 8 | 556 bp |
| Jun 30, 2023 | $21B | 232 | 100c | 5 | 554 bp |
| Mar 31, 2023 | $19B | 192 | n/a | 5 | 537 bp |
| Dec 31, 2022 | $22B | 180 | 98c | 9 | 525 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.
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.
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- K••• K••••• I••••••••• A• first lien term loan1 BDC hold it · matures Aug 26, 2032$764M 99c
- F•••••• O•••• I• A• first lien term loan1 BDC hold it · matures Jun 17, 2032$659M 98c
- V•••• V•• A•••• H••••••• 1• L•• first lien term loan1 BDC hold it · matures Apr 24, 2031$492M 105c
- E•••••• E•••••• H•••••••• I•• first lien term loan1 BDC hold it · matures Dec 20, 2032$358M 99c
- G••••••••• V•••••• A•• P•• L•• first lien term loan1 BDC hold it · matures Mar 23, 2028$324M 103c
- M•• H••••••• M•• H•••••••• I•• first lien term loan1 BDC hold it · matures Oct 4, 2032$324M 100c
- M••• E••••• M•••• L•• first lien term loan3 BDCs hold it · matures Oct 1, 2032$318M 100c
- O•• C••• M•••••• O•• C••• C••••••••• first lien term loan1 BDC hold it · matures Sep 10, 2030$309M 100c
- O•••• H•••••• B•• first lien term loan1 BDC hold it · matures Jan 21, 2033$248M 98c
- L••• H••• L•• B••••••• L•• first lien term loan1 BDC hold it · matures Sep 4, 2031$248M 100c
- O•••• H••••••••• O••••••••• H•••••••• I•• first lien term loan2 BDCs hold it · matures Apr 1, 2030$248M 97c
- B•• U•• B•• U•• first lien term loan2 BDCs hold it · matures Aug 31, 2028$230M 98c
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| V•••••• G••••• C•• L•• H•••••••• L•• Oil, Gas & Consumable Fuels | term loan first lien | $20.6M | $20.1M 99c | SOFR+350 bp | Jul 28, 2028 |
| S•••••• O•• S••••• S••••• L•• Diversified Consumer S••••••s | term loan first lien | $20.8M | $20.1M 97c | SOFR+535 bp | Dec 18, 2028 |
| D••••••• E••••••••• M•••••••• H•••••••• I••. M•••••••• | term loan first lien | $19.9M | $20.0M 101c | SOFR+325 bp | Nov 26, 2032 |
| E••••• H••••• L•• H••••• Care Providers & S••••••s | term loan first lien | $19.9M | $19.8M 100c | SOFR+475 bp | Aug 6, 2029 |
| H•••• • A••••••••• L••/VA Construction Materials | term loan first lien | $19.7M | $19.7M 100c | SOFR+275 bp | Jul 23, 2031 |
| A•• E••••••••• S•••••••• F••• F••• I••••••••• C••••••••• Construction & Engineering | delayed draw term loan first lien | $19.8M | $19.7M 101c | SOFR+475 bp | Jul 10, 2031 |
| P••••••• P• B••••••• L•• P••••••• P• B••••••• L•• C••••••••s & Packaging | term loan first lien | $20.0M | $19.7M 100c | SOFR+400 bp | Mar 7, 2033 |
| V••• V•• H•••••••• L••. Financial S••••••s | term loan first lien | $19.3M | $19.3M 100c | SOFR+450 bp | Feb 28, 2028 |
| W••••••• W•••••• W• B••••••••• L•• Hotels, Restaurants & Leisure | term loan first lien | $20.2M | $19.2M 96c | SOFR+500 bp | Aug 2, 2030 |
| O•••••• O•••••• L•• Financial S••••••s | term loan first lien | $16.7M | $18.8M 108c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+625 bp PIK 2.75% | Dec 5, 2031 |
| S•••••• O•••••• W•••• U• H•••••• C••••••••• Chemicals | term loan first lien | $18.8M | $18.8M 100c | SOFR+325 bp | Nov 3, 2032 |
| C•••••• G•••• C•••••••• C•••••• H•••••• C••• Professional S••••••s | delayed draw term loan first lien | $20.3M | $18.7M 97c | SOFR+475 bp | Jun 16, 2033 |
| P••••••• L•• S•••••••• Retail | term loan first lien | $18.7M | $18.7M 101c | SOFR+400 bp | Aug 18, 2032 |
| S•••••••• A••••••• B•••• G•••• H••••••• L•• Transportation Infrastructure | term loan first lien | $18.6M | $18.7M 101c | SOFR+250 bp | Jul 1, 2031 |
| D••••••• M••••••• B•••••••• L•• Construction & Engineering | term loan first lien | $18.6M | $18.4M 101c | SOFR+475 bp | Feb 13, 2032 |
| A••••• A•••••• I••. Software | term loan first lien | $18.1M | $17.8M 100c | SOFR+475 bp | Sep 3, 2030 |
| A•••• H•••• S••••• A•••• H•••• S••. Real Estate Management & Development | term loan first lien | $15.7M | $17.8M 96c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+525 bp | Dec 31, 2029 |
| U• F•••••••• E••••••••• L•• H••••• Care Providers & S••••••s | term loan first lien | $17.6M | $17.6M 101c | SOFR+325 bp | Dec 30, 2032 |
| A••••••• Group F•••• Pty Ltd I•••••••• | term loan first lien | $17.9M | $17.4M 98c | SOFR+300 bp | Feb 15, 2031 |
| C•••••• C•••. Life Sciences Tools & S••••••s | delayed draw term loan first lien | $17.3M | $17.3M 101c | SOFR+475 bp | Mar 5, 2032 |
| S••••••• CI Diversified Consumer S••••••s | term loan first lien | $17.4M | $16.9M 99c | SOFR+500 bp | Jun 6, 2031 |
| M••••••• M•••••••• I••. Software | term loan first lien | $41.0M | $16.7M 42c | Oct 29, 2028 | |
| R•• R•••••••• M•••••• C••••••••• Chemicals | delayed draw term loan first lien | $17.0M | $16.7M 99c | SOFR+575 bp | Aug 1, 2029 |
| T••••••••• H•••••••• I••. C••••••••s & Packaging | term loan first lien | $17.8M | $16.7M 98c | SOFR+325 bp | Mar 3, 2031 |
| T••• S••••• T• I••••••••• L•• H••••• Care Providers & S••••••s | term loan first lien | $16.6M | $16.5M 101c | SOFR+475 bp | May 4, 2029 |
| S•••••••• B•••• H••••••• L• Oil, Gas & Consumable Fuels | term loan first lien | $16.5M | $16.4M 102c | SOFR+275 bp | Oct 1, 2032 |
| S•••• S••••• S•••• T••••• I••. Commercial S••••••s & Supplies | term loan first lien | $16.5M | $16.3M 100c | SOFR+500 bp | Nov 6, 2029 |
| S••••••• B••• P•••• H••••• L•••••• B•••s | term loan first lien | $14.2M | $16.2M 105c | PIK 6.15% | Dec 5, 2026 |
| E•••••• C•••••• T••••••••• E•••• B••••••• L• Building Products | term loan first lien | $16.2M | $16.2M 100c | SOFR+225 bp | Aug 4, 2031 |
| C•••••• G•••• C•••••••• C•••••• H•••••• C••• Professional S••••••s | term loan first lien | $16.4M | $16.0M 100c | SOFR+475 bp | Jun 16, 2033 |
| H••••••••• I•••••••• A•••••• I••. I•••••••• | delayed draw term loan first lien | $16.3M | $15.9M 99c | SOFR+450 bp | Jun 11, 2031 |
| A• G•• H•••••••• L•• Oil, Gas & Consumable Fuels | term loan first lien | $15.6M | $15.7M 100c | SOFR+225 bp | Dec 17, 2032 |
| USA D••••• LLC Commercial S••••••s & Supplies | term loan first lien | $15.8M | $15.5M 100c | SOFR+525 bp | Apr 30, 2031 |
| A••••••• L•••••• S•••••• L•• M•••••••• | term loan first lien | $15.4M | $15.4M 100c | SOFR+225 bp | Aug 19, 2031 |
| G••••• S•••••• P••••••• G•• M•••• L•• Commercial S••••••s & Supplies | delayed draw term loan first lien | $15.4M | $15.1M 99c | SOFR+475 bp | Oct 17, 2031 |
| M•••••• S••••• • F••• L•• Electronic Equipment, Instruments & Components | term loan first lien | $15.0M | $15.0M 101c | SOFR+150 bp | Sep 26, 2031 |
| T•••••••• I••. Aerospace & Defense | term loan first lien | $15.0M | $15.0M 100c | SOFR+250 bp | Feb 13, 2033 |
| S••• H•••• • C• I••• S••• H•••• H••••••• L•••••• Hotels, Restaurants & Leisure | notes unsecured or subordinated | $15.1M | $14.9M 101c | PIK 12.50% | Jan 29, 2033 |
| C•• G•••• C•• U•• 2••• L•• Financial S••••••s | term loan first lien | $15.8M | $14.9M 97c | SOFR+350 bp | Jul 1, 2032 |
| M•••••• M••••••••• M•••• S•• r••. Software | term loan first lien | $15.9M | $14.9M 95c | SOFR+500 bp | Nov 27, 2031 |
| A••••••••• L•• Technology Hardware, Storage & Peripherals | term loan first lien | $15.0M | $14.9M 101c | SOFR+525 bp | Jan 2, 2031 |
| V•••••• S••••• B•••• I• I••. H••••• Care Equipment & Supplies | term loan first lien | $20.9M | $14.7M 103c | //gwms.apollo.com/20260630#Canadian Overnight Repo Rate Average+475 bp | Jan 30, 2032 |
| R•••••••• V••••••••• P•••••••• I••. H••••• Care Providers & S••••••s | term loan first lien | $14.8M | $14.6M 100c | SOFR+525 bp | Apr 18, 2030 |
| G•••••• H•••••••• L•• M•••• | term loan first lien | $14.6M | $14.6M 100c | SOFR+450 bp | Oct 15, 2029 |
| A••• B••••••••• S•••• F••••• I••. Pharmaceuticals | term loan first lien | $14.7M | $14.5M 100c | SOFR+500 bp | Feb 5, 2032 |
| H••• G•••• T•• A••••••••• L•• I•••••••• | delayed draw term loan first lien | $14.8M | $14.5M 99c | SOFR+475 bp | Oct 31, 2031 |
| P••••••• P••• G•••• B•••• L•••••• / P••••••• P••• Group Holdings L•••••• H••••• Care Providers & S••••••s | term loan first lien | $11.1M | $14.5M 109c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+625 bp | Nov 19, 2029 |
| E••••••• O•••••••• C• L•• Hotels, Restaurants & Leisure | term loan first lien | $14.5M | $14.4M 99c | SOFR+375 bp | Mar 24, 2028 |
| C••••••• F•••• T••••••••• L•••• D••••••• B••••• L•• M•••••••• | term loan first lien | $14.6M | $14.3M 100c | SOFR+650 bp | Oct 2, 2029 |
| S••••• P••••••• B•••• L•• Electronic Equipment, Instruments & Components | term loan first lien | $14.2M | $14.3M 101c | SOFR+250 bp | Oct 1, 2032 |
| O•• N•••• W• O•• B••••• I••. T•••••• Companies & Distributors | delayed draw term loan first lien | $14.2M | $14.1M 101c | SOFR+475 bp | Aug 7, 2031 |
| S•••••••• B•••• A••••••••• B•••• L•• S•••••••• Retail | term loan first lien | $13.9M | $14.0M 101c | SOFR+275 bp | Sep 12, 2032 |
| A•••• I••••••• A•• A•••• B••••• L•• IT S••••••s | term loan first lien | $14.5M | $14.0M 98c | SOFR+500 bp | Oct 2, 2029 |
| A••••••••• L•• Technology Hardware, Storage & Peripherals | term loan first lien | $14.1M | $14.0M 100c | SOFR+500 bp | Jan 2, 2031 |
| G•• G••••••••• M••••• S••• I••. Construction & Engineering | delayed draw term loan first lien | $14.1M | $13.9M 100c | SOFR+450 bp | Oct 15, 2031 |
| P•• P••••• H•••••••• L•• Financial S••••••s | term loan first lien | $14.0M | $13.8M 99c | SOFR+475 bp | Jan 31, 2031 |
| V•••••• S••••• B•••• I• I••. H••••• Care Equipment & Supplies | term loan first lien | n/a | $13.7M 95c | //gwms.apollo.com/20260630#Japan Tokyo Overnight Average Rate+500 bp | Jan 30, 2032 |
| H•• M•••• O•••••• B•••• L•••••• Commercial S••••••s & Supplies | term loan first lien | $13.7M | $13.5M 100c | SOFR+525 bp | Aug 9, 2029 |
| B••••••• S•••••••• C••••••• P•••• I••. P•••• & Forest Products | term loan first lien | $14.2M | $13.3M 95c | SOFR+500 bp | Feb 4, 2031 |
| V••• G••••• F•••• L•••••• Chemicals | term loan first lien | $19.7M | $13.3M 50c | 8.00% | Jun 8, 2029 |
| P••••••••• F••• & S••••• LLC Commercial S••••••s & Supplies | term loan first lien | $13.1M | $13.1M 101c | SOFR+250 bp | Dec 16, 2032 |
| V•••• VCI I••••••••• T•••• 1 LLC Technology Hardware, Storage & Peripherals | equity equity | n/a | $13.1M 95c | ||
| A••••• G•••• A•••••••• B•••• L•••••• Software | delayed draw term loan first lien | $10.7M | $13.0M 101c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+525 bp | Jun 28, 2029 |
| F•••••• U•• I•• Food Products | term loan first lien | $13.1M | $13.0M 100c | SOFR+225 bp | Sep 30, 2031 |
| M•••• B••••• A••••••••• H••••• I•• M•••• B••••• A••••••••• H••••• I•• Construction Materials | term loan first lien | $13.1M | $13.0M 101c | SOFR+275 bp | Mar 28, 2031 |
| R••• C•••••••• T••••••••• Group LLC C••••••••s & Packaging | term loan first lien | $12.9M | $12.9M 100c | SOFR+250 bp | Sep 15, 2032 |
| F•••••• A••••• F•••••• I••••• Diversified Consumer S••••••s | term loan first lien | $11.3M | $12.6M 98c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+600 bp | Nov 13, 2032 |
| S••••••• A•• L••• K••••• I• U• L•• Semiconductors & Semiconductor Equipment | term loan first lien | $12.5M | $12.5M 100c | SOFR+250 bp | Sep 21, 2027 |
| S••••••• A•• L••• K••••• I• U• L•• Semiconductors & Semiconductor Equipment | delayed draw term loan first lien | $12.5M | $12.5M 101c | SOFR+250 bp | Sep 21, 2027 |
| U• L•• L•• A••••••••• L•• Building Products | term loan first lien | $13.9M | $12.5M 93c | SOFR+500 bp | Jun 6, 2031 |
| T•••••• M••••••••• S•••••••• T•••••• M••••••••• S••••••••• L•• Construction & Engineering | term loan first lien | $12.5M | $12.4M 100c | SOFR+500 bp | Nov 26, 2030 |
| Z•••• L••• A••••••• I••••••••• Software | term loan first lien | $12.5M | $12.4M 100c | SOFR+475 bp | Feb 14, 2031 |
| R•• R•••••••• M•••••• C••••••••• Chemicals | term loan first lien | $12.4M | $12.2M 100c | SOFR+575 bp | Aug 1, 2029 |
| F•••••• H•••••• Diversified Consumer S••••••s | delayed draw term loan first lien | $11.4M | $12.2M 95c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+600 bp | Nov 13, 2032 |
| C•••••••• Finance H••••• I LLC Independent P•••• & Renewable Electricity Producers | term loan first lien | $12.1M | $12.1M 100c | SOFR+225 bp | Feb 26, 2032 |
| C•••••••• P••• F•••••• L•• C•••••••• P••• F•••••• L•• Oil, Gas & Consumable Fuels | term loan first lien | $12.0M | $12.0M 102c | SOFR+325 bp | Apr 1, 2033 |
| M•••• T••• E•••••• S••••••s M•••• T••• E•••••• S••••••s TopCo, L.P. Automobile Components | term loan first lien | $12.0M | $12.0M 101c | SOFR+325 bp | May 6, 2033 |
| F•••••• C••••••• H••••••• 2• B••. Textiles, Apparel & Luxury Goods | term loan first lien | $12.2M | $11.9M 100c | SOFR+525 bp | Apr 9, 2033 |
| B•••••• K•••••• I••••••••• H••••••• L•• Leisure Products | term loan first lien | $13.5M | $11.8M 88c | SOFR+325 bp | Sep 22, 2032 |
| S•• Z••• C••••••••• H••••••• L•• Hotels, Restaurants & Leisure | term loan first lien | $12.2M | $11.7M 97c | SOFR+675 bp | Jul 18, 2028 |
| G••••• H•••• A••••• M••••••••• L•• Consumer Staples Distribution & Retail | term loan first lien | $11.8M | $11.6M 100c | SOFR+425 bp | Feb 5, 2031 |
| S•••••• O•• S••••• S••••• L•• Diversified Consumer S••••••s | delayed draw term loan first lien | $12.0M | $11.4M 96c | SOFR+535 bp | Dec 18, 2028 |
| B•••••• K•••••• I••••••••• H••••••• L•• Leisure Products | term loan first lien | $13.3M | $11.3M 88c | 7.25% | Oct 15, 2032 |
| L•••••••• P•••• L•••••••• P••••• L•• Electric Utilities | term loan first lien | $11.3M | $11.3M 101c | SOFR+200 bp | Aug 18, 2031 |
| T••••••• B••••• T•• M•••• W••••••••• L•• S•••••••• Retail | term loan first lien | $11.1M | $11.2M 102c | SOFR+575 bp | Jan 28, 2031 |
| P•••••••• C•••••••• P••••••• P•••••• L•• H••••• Care Providers & S••••••s | term loan first lien | $12.7M | $10.9M 99c | SOFR+450 bp | Apr 16, 2032 |
| C••••••• C••••••• A•••••••• L•• Oil, Gas & Consumable Fuels | term loan first lien | $10.9M | $10.9M 100c | SOFR+175 bp | Jan 31, 2033 |
| S•••••• L•••• S•••• P••••• H••••••• C••• Commercial S••••••s & Supplies | revolver first lien | $10.8M | $10.8M 102c | Prime+350 bp | Dec 16, 2032 |
| D••••••• H••• S• Hotels, Restaurants & Leisure | notes unsecured or subordinated | $9.1M | $10.7M 103c | 3.25% | Feb 21, 2030 |
| A•••••• A•••••• I••••••••• H•••••••• I••. Software | term loan first lien | $11.3M | $10.6M 95c | SOFR+600 bp | Mar 19, 2031 |
| A••• Group T••••••• LLC Financial S••••••s | term loan first lien | $11.1M | $10.6M 95c | SOFR+350 bp | Feb 27, 2032 |
| T•••••• T••••••••• I••••••••• I••.Investment Software | delayed draw term loan first lien | $10.8M | $10.5M 97c | SOFR+425 bp | Nov 4, 2032 |
| S••••••• H•• S••••• U••••••• H•••••••• L•• Commercial S••••••s & Supplies | term loan first lien | $10.4M | $10.4M 102c | SOFR+525 bp | Nov 19, 2029 |
| A••• B••••••••• S•••• F••••• I••. Pharmaceuticals | delayed draw term loan first lien | $10.5M | $10.3M 100c | SOFR+500 bp | Feb 5, 2032 |
| C•••• G•••••• I••. Life Sciences Tools & S••••••s | delayed draw term loan first lien | $10.3M | $10.3M 104c | SOFR+625 bp | Dec 6, 2029 |
| T••••••• L•••••• P••••••••• Commercial S••••••s & Supplies | equity equity | n/a | $10.3M 98c | ||
| G•••••• • W•••••• I••. Ground Transportation | term loan first lien | $10.2M | $10.2M 100c | SOFR+175 bp | Apr 10, 2031 |
| C••••••••• A••••••••• B•• B•••• L•••••• S•••••••• Retail | term loan first lien | $8.9M | $10.1M 107c | //fasb.org/us-gaap/2025#Eurodollar+625 bp | Apr 3, 2031 |
| M•••••• G•• P••••••• M•• H••••••• I•• C•••. T•••••• Companies & Distributors | delayed draw term loan first lien | $10.1M | $10.0M 100c | SOFR+525 bp | Mar 1, 2030 |
| T•••••• T•••• B• B••••••• L••. Aerospace & Defense | delayed draw term loan first lien | $10.0M | $10.0M 101c | SOFR+475 bp | Jul 24, 2032 |
- Fiscal year end
- 1231reported
- Incorporated
- unknownreported
- On the SEC BDC report
- 2022 to 2026reported
- Filings listed
- 19reported10-Q and 10-K since 2022
- Latest schedule
- 0001193125-26-341358reported