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
P••••••••• B• N••••• L••
Aerospace and Defensegroup grade Aon a schedule nowsponsor unattributed
Also written as: P••••••••• BC Finco Sarl
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 101¢ · 100¢ · 100¢Q2 2025 to Q2 2026
Where each lender marks it, 1 points apart
100¢101¢
Principal held
at least $5.0M
sum of BDC pieces, a lower bound
Fair value
$5.0M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Dec 1, 2032
no dated debt inside 24 months
On the tape since
Jun 30, 2025
latest Jun 30, 2026
Events
4
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••••••••• P•••••• C••••• F••• | $3.43M | 101¢ | +1 pts |
| B•••••••• P•••••• C••••• F••• | $1.58M | 100¢ | 0 pts |
Every BDC piece · 3 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $3.2M | $3.2M 101c | S+250 bp |
| B•••••••• P•••••• C••••• F••• | term loan first lien I••••••••• F•••• L••• T••• L••• Ref S•••(Q) F•••• —% S••••• 2.50% T•••• C••••• 6.23% M•••• | $1.6M | $1.6M 100c | SOFR+250 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $276,000 | $278,000 101c | S+250 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated | at least $3.4M | 101c | S+250 bp | Dec 1, 2032 | 1 |
| first lien term loan first lien | at least $1.6M | 100c | SOFR+250 bp | Dec 1, 2032 | 2 |
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 | 2 | $5.0M | $5.0M | 100c | 0 |
| Mar 31, 2026 | 2 | $5.0M | $5.0M | 100c | 0 |
| Dec 31, 2025 | 2 | $5.0M | $5.1M | 101c | 0 |
| Jun 30, 2025 | 1 | $3.5M | $3.5M | 100c | 0 |
What changed
- Spread changed (observed)Mar 31, 2026
- Maturity extended (observed)Dec 31, 2025
- Spread changed (observed)Dec 31, 2025
- New borrower on a BDC scheduleJun 30, 2025
- Lender left a facilityJun 30, 2025
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- PROPULSION BCderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 3 BDCsderived
- Industry
- Aerospace and Defensereportedas one filer wrote it