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•••••• O•••• L••
Commercial Services & Suppliesgroup grade Boff every schedule since Dec 31, 2025sponsor unattributed
Also written as: AlpineX; LLC Undrawn Commitment
Nothing material in the last 200 days. Last change: 31 Dec 2025, $19.6M principal held by 1 lender; matures Dec 2027.
Mark path, consensus per quarter end
101¢ · 101¢ · 101¢ · 101¢ · 101¢Q4 2024 to Q4 2025
Principal held
at least $19.6M
sum of BDC pieces, a lower bound
Fair value
$19.6M
101c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
1 equity pieces beside them
Next maturity
Dec 27, 2027
$19.6M inside 24 months
On the tape since
Mar 31, 2022
latest Dec 31, 2025
Events
6
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2025, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| M••••• F•••••••• I••••••••• C••• | $19.6M | 101¢ | 0 pts |
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• F•••••••• I••••••••• C••• | term loan first lien F•••• L••• S•••••• D••• - T••• L••• S•••+626, 1.00% F•••• M••••••• D••• 12/27/27 | $14.8M | $14.8M 101c | SOFR+626 bp |
| M••••• F•••••••• I••••••••• C••• | delayed draw term loan first lien F•••• L••• S•••••• D••• - D•••••• D••• S•••+626, 1.00% F•••• M••••••• D••• 12/27/27 | $3.7M | $3.7M 101c | SOFR+626 bp |
| M••••• F•••••••• I••••••••• C••• | revolver first lien F•••• L••• S•••••• D••• - R••••••• S•••+626, 1.00% F•••• M••••••• D••• 12/27/27 | $1.1M | $1.1M 101c | SOFR+626 bp |
Capital structure as the BDCs see it
latest quarter end Dec 31, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Dec 31, 2025 | at least $14.8M | 101c | SOFR+626 bp | Dec 27, 2027 | 1 |
| first lien delayed draw term loan first lien exited Dec 31, 2025 | at least $3.7M | 101c | SOFR+626 bp | Dec 27, 2027 | 1 |
| first lien revolver first lien exited Dec 31, 2025 | at least $1.1M | 101c | SOFR+626 bp | Dec 27, 2027 | 1 |
Equity pieces beside the debt: other ($22.7M fair value, 1 BDC)
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2025 | 1 | $19.6M | $19.6M | 101c | 0 |
| Sep 30, 2025 | 1 | $19.8M | $19.8M | 101c | 0 |
| Jun 30, 2025 | 1 | $19.8M | $19.8M | 101c | 0 |
| Mar 31, 2025 | 1 | $22.7M | $22.7M | 101c | 0 |
All 14 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2024 | 1 | $22.8M | $22.7M | 101c | 0 |
| Sep 30, 2024 | 1 | $22.8M | $22.8M | 101c | 0 |
| Jun 30, 2024 | 1 | $0 | $0 | n/a | 0 |
| Mar 31, 2024 | 1 | $23.3M | $22.1M | 100c | 0 |
| Dec 31, 2023 | 1 | $23.4M | $22.1M | 100c | 0 |
| Sep 30, 2023 | 1 | $22.8M | $21.4M | 99c | 0 |
| Jun 30, 2023 | 1 | $22.9M | $21.5M | 100c | 0 |
| Mar 31, 2023 | 1 | $22.9M | $21.8M | n/a | 0 |
| Dec 31, 2022 | 1 | $46.0M | $43.0M | 199c | 0 |
| Mar 31, 2022 | 1 | $0 | $0 | n/a | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2025
- Facility left every BDC scheduleDec 31, 2025
- Facility left every BDC scheduleDec 31, 2025
- Spread changed (observed)Sep 30, 2024
- Spread changed (observed)Mar 31, 2024
Full timeline · 7 eventsShow fewer
- Spread increasedDec 31, 2023
- New borrower on a BDC scheduleMar 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
- ALPINEXderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 1 BDCderived
- Industry
- Commercial Services & Suppliesreportedas one filer wrote it