DFX Intelligence
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Borrower
C•••••••• I••••••••• I••
Software & Servicesgroup grade Aon a schedule nowsponsor unattributed
Also written as: 1; 2; Software & Services
Principal held
at least $30.1M
sum of BDC pieces, a lower bound
Fair value
$26.4M
90c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
1 equity pieces beside them
Next maturity
Apr 1, 2028
$30.1M inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
3
dated, non-routine
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 $30.1M | 90c | S+600 bp | Apr 1, 2028 | 1 |
Equity pieces beside the debt: other (n/a fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| F• K•• C•••••• C••• | term loan first lien | $30.1M | $26.4M 90c | S+600 bp |
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 | $30.1M | $26.4M | 90c | 0 |
| Mar 31, 2026 | 1 | $30.1M | $26.6M | 91c | 0 |
| Dec 31, 2025 | 1 | $30.1M | $29.5M | 101c | 0 |
| Sep 30, 2025 | 1 | $30.1M | $30.1M | 103c | 0 |
| Jun 30, 2025 | 1 | $30.1M | $30.1M | 103c | 0 |
| Mar 31, 2025 | 1 | $30.1M | $30.1M | 104c | 0 |
| Dec 31, 2024 | 1 | $60.2M | $60.2M | 104c | 0 |
| Sep 30, 2024 | 1 | $30.1M | $30.1M | 104c | 0 |
| Jun 30, 2024 | 1 | $30.1M | $30.1M | 104c | 0 |
| Mar 31, 2024 | 1 | $30.1M | $30.1M | 105c | 0 |
| Dec 31, 2023 | 1 | $60.2M | $59.8M | 104c | 0 |
| Sep 30, 2023 | 1 | $30.1M | $29.9M | 104c | 0 |
| Jun 30, 2023 | 1 | $30.1M | $29.8M | 104c | 0 |
| Mar 31, 2023 | 1 | $34.5M | $34.3M | 104c | 0 |
| Dec 31, 2022 | 1 | $69.0M | $68.4M | 104c | 0 |
| Sep 30, 2022 | 1 | $34.5M | $34.2M | 104c | 0 |
| Dec 31, 2021 | 1 | $34.5M | $34.5M | 106c | 0 |
What changed
- Maturity approachingApr 1, 2028
- Spread increasedJun 30, 2026
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- CORSEARCHderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Software & Servicesreportedas one filer wrote it