DFX Intelligence
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Borrower
G••••• L••
group grade Aon a schedule nowsponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
102¢ · 101¢ · 101¢ · 101¢ · 101¢Q2 2025 to Q2 2026
Where each lender marks it, 0 points apart
101¢101¢
Principal held
at least $323M
sum of BDC pieces, a lower bound
Fair value
$323M
101c on cost, debt pieces
Unfunded
$8.8M
commitments not yet drawn
BDC lenders
4
3 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Mar 1, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
11
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•••• | $161M | 101¢ | 0 pts |
| B••• O•• C•••••• C••• | $156M | 101¢ | 0 pts |
| B••• O•• C•••••• C••• I• | $4.93M | 101¢ | 0 pts |
Every BDC piece · 6 positions across 3 lenderslargest 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••••• | $161M | $161M 101c | S+550 bp |
| B••• O•• C•••••• C••• | term loan first lien F•••• lien senior secured loan | N••••••••• | $156M | $156M 101c | S+550 bp |
| B••• O•• C•••••• C••• I• | term loan first lien F•••• lien senior secured loan | Non A••••••••• | $4.9M | $4.9M 101c | S+550 bp |
| B••• O•• C•••••• C••• | revolver first lien F•••• lien senior secured revolving loan | Not disclosed | $0 | S+550 bp |
| B••• O•• C•••••• C••• I• | revolver first lien F•••• lien senior secured revolving loan | N••••••••• | Not disclosed | Not disclosed | S+550 bp |
View all 6 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• O•• C••••• I••••• C•••• | revolver first lien F•••• lien senior secured revolving loan | N•••••••••/non-affiliated | Not disclosed | Not disclosed | 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 $323M | 101c | S+550 bp | Mar 1, 2030 | 4 |
| first lien revolver first lien | unknown | n/a | S+550 bp | unstated | 4 |
| first lien delayed draw term loan first lien exited Mar 31, 2026 | unknown | n/a | S+600 bp | unstated | 4 |
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 | 3 | $323M | $323M | 101c | 0 |
| Mar 31, 2026 | 3 | $316M | $316M | 101c | 0 |
| Dec 31, 2025 | 3 | $340M | $340M | 101c | 0 |
| Sep 30, 2025 | 3 | $316M | $316M | 101c | 3 |
All 17 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 3 | $293M | $293M | 102c | 3 |
| Mar 31, 2025 | 3 | $290M | $290M | 102c | 3 |
| Dec 31, 2024 | 3 | $482M | $482M | 102c | 6 |
| Sep 30, 2024 | 4 | $277M | $276M | 101c | 8 |
| Jun 30, 2024 | 4 | $258M | $253M | 100c | 8 |
| Mar 31, 2024 | 4 | $261M | $256M | 100c | 12 |
| Dec 31, 2023 | 4 | $143M | $143M | 100c | 0 |
| Sep 30, 2023 | 1 | $19.6M | $19.6M | 100c | 1 |
| Jun 30, 2023 | 2 | $148M | $146M | 100c | 2 |
| Mar 31, 2023 | 2 | $151M | $149M | 99c | 2 |
| Dec 31, 2022 | 2 | $149M | $145M | 98c | 2 |
| Sep 30, 2022 | 1 | $131M | $127M | 97c | 1 |
| Dec 31, 2021 | 1 | $117M | $108M | 94c | 1 |
What changed
- Facility left every BDC scheduleMar 31, 2026
- Lender left a facilityMar 31, 2026
- Spread changed (observed)Dec 31, 2025
- Spread increasedDec 31, 2025
- Spread increasedDec 31, 2025
Full timeline · 30 eventsShow fewer
- Spread increasedDec 31, 2025
- Lender left a facilityDec 31, 2025
- Lender left a facilityDec 31, 2025
- Spread changed (observed)Mar 31, 2025
- Spread changed (observed)Jun 30, 2024
- Maturity extended (observed)Mar 31, 2024
- PIK interest appearsMar 31, 2024
- New lender joined a facilityMar 31, 2024
- New lender joined a facilityMar 31, 2024
- PIK interest appearsMar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- New lender joined a facilityDec 31, 2023
- New lender joined a facilityDec 31, 2023
- PIK interest increasedMar 31, 2023
- PIK interest increasedMar 31, 2023
- New lender joined a facilityDec 31, 2022
- New lender joined a facilityDec 31, 2022
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- GALLSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived