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
I••••••• L••••••
group grade Aon a schedule nowsponsor unattributed
Also written as: Consumer Cyclical Services
What matters now
- 101¢ → 107¢consensus mark
Consensus mark 107¢ on cost, up from 101¢ a year ago, 106¢ last quarter.
Q2 2026 · The lenders' own valuations moved back up.
Derived3 of 3 lenders' own marks, weighted by principal
Mark path, consensus per quarter end
101¢ · 104¢ · 104¢ · 106¢ · 107¢Q2 2025 to Q2 2026
Where each lender marks it, 0 points apart
107¢107¢
Principal held
at least $7.6M
sum of BDC pieces, a lower bound
Fair value
$7.6M
107c on cost, debt pieces
Unfunded
$1.0M
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
2
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••••• C••• | $4.49M | 107¢ | +1 pts |
| B•••••• B••• I••• | $2.24M | 107¢ | +1 pts |
| B•••••• C•••••• I••••••••• C••• | $897K | 107¢ | +1 pts |
Every BDC piece · 6 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• P•••••• C••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $4.5M | $4.5M 107c | S+500 bp |
| B•••••• B••• I••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $2.2M | $2.2M 107c | S+500 bp |
| B•••••• C•••••• I••••••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $897,000 | $893,000 107c | S+500 bp |
| B•••••• B••• I••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | |
| B•••••• C•••••• I••••••••• C••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed |
View all 6 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• P•••••• C••••• C••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed |
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 $7.6M | 107c | S+500 bp | unstated | 3 |
| delayed draw term loan lien unstated | unknown | n/a | unstated | 3 |
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 | $7.6M | $7.6M | 107c | 0 |
| Mar 31, 2026 | 3 | $7.5M | $7.5M | 106c | 0 |
| Dec 31, 2025 | 3 | $8.2M | $8.2M | 104c | 0 |
| Sep 30, 2025 | 3 | $7.3M | $7.3M | 104c | 0 |
All 12 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 3 | $7.2M | $7.1M | 101c | 0 |
| Mar 31, 2025 | 3 | $6.9M | $6.7M | 96c | 0 |
| Dec 31, 2024 | 3 | $12.8M | $12.6M | 95c | 0 |
| Sep 30, 2024 | 3 | $7.3M | $7.2M | 106c | 0 |
| Jun 30, 2024 | 3 | $7.1M | $6.9M | 102c | 0 |
| Mar 31, 2024 | 3 | $6.9M | $6.7M | 100c | 0 |
| Dec 31, 2023 | 3 | $7.2M | $7.0M | 104c | 0 |
| Dec 31, 2022 | 3 | $0 | $0 | n/a | 0 |
What changed
- Spread changed (observed)Dec 31, 2025
- Marked down (one lender)Dec 31, 2024
- Marked down (one lender)Dec 31, 2024
- Marked down (one lender)Dec 31, 2024
- New borrower on a BDC scheduleDec 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
- INVOCARE #UKderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived