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.
Borrower
A• C••••• B••••• I••
Also written as: A Q C••••• B••••, Inc; CoAdvantage; Inc. Asset Type
What matters now
- 100¢ → 82¢consensus mark
Consensus mark 82¢ on cost, down from 100¢ a year ago, 79¢ last quarter.
Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.
Derived1 of 1 lender' own marks, weighted by principal - $21.9Mprincipal outstanding
$21.9M principal held by 1 lender; matures Aug 2029.
Q2 2026 · Refinancing is due in 34 months at a 82¢ mark.
FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
100¢ · 96¢ · 96¢ · 79¢ · 82¢Q2 2025 to Q2 2026
Principal held
at least $21.9M
sum of BDC pieces, a lower bound
Fair value
$17.8M
82c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
4
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Aug 1, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
5
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B••• O•• C••••• I••••• C•••• | $21.9M | 82¢ | +3 pts |
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• O•• C••••• I••••• C•••• | term loan first lien F•••• lien senior secured loan | N••••••••• I••••• | $21.9M | $17.8M 82c | S+550 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $21.9M | 82c | S+550 bp | Aug 1, 2029 | 3 |
| first lien revolver first lien exited Dec 31, 2025 | at least $100,000 | n/a | SOFR+525 bp | Aug 2, 2028 | 1 |
| revolver lien unstated exited Dec 31, 2024 | unknown | n/a | unstated | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2026 | 1 | $21.9M | $17.8M | 82c | 0 |
| Mar 31, 2026 | 1 | $21.9M | $17.2M | 79c | 0 |
| Dec 31, 2025 | 3 | $41.6M | $39.4M | 96c | 0 |
| Sep 30, 2025 | 3 | $31.9M | $30.3M | 96c | 0 |
All 14 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 3 | $32.0M | $31.4M | 100c | 0 |
| Mar 31, 2025 | 3 | $32.1M | $31.7M | 100c | 0 |
| Dec 31, 2024 | 3 | $64.3M | $64.0M | 101c | 0 |
| Sep 30, 2024 | 2 | $32.2M | $32.2M | 102c | 0 |
| Jun 30, 2024 | 2 | $32.3M | $32.3M | 102c | 0 |
| Mar 31, 2024 | 2 | $32.3M | $32.4M | 102c | 0 |
| Dec 31, 2023 | 2 | $32.4M | $32.5M | 102c | 0 |
| Sep 30, 2023 | 2 | $32.5M | $31.9M | 100c | 0 |
| Jun 30, 2023 | 1 | $4.8M | $4.8M | n/a | 0 |
| Dec 31, 2022 | 1 | $4.8M | $4.8M | n/a | 0 |
What changed
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Lender left a facilityDec 31, 2025
- Facility left every BDC scheduleDec 31, 2025
- Facility left every BDC scheduleDec 31, 2024
Full timeline · 10 eventsShow fewer
- Maturity extended (observed)Sep 30, 2023
- New lender joined a facilitySep 30, 2023
- New lender joined a facilitySep 30, 2023
- Lender left a facilityJun 30, 2023
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
- A••••••• H••••••• L••
- Form D signer consensus, grade Aestimated"••• Locked"
- A••••••• M••••••••• H••••••• L•
- the sponsor's own portfolio page lists a company of this nameestimatedaquiline.com"••• Locked"
Identity
- Group key
- AQ CARVERderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 4 BDCsderived