DFX Intelligence
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Borrower
V•••••• S•••••• T••••••••• L••
Principal held
at least $269M
sum of BDC pieces, a lower bound
Fair value
$252M
102c on cost, debt pieces
Unfunded
$17.6M
commitments not yet drawn
BDC lenders
4
2 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Jun 13, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
13
dated, non-routine
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 $269M | 102c | S+675 bp | Jun 13, 2031 | 2 |
| first lien delayed draw term loan first lien | unknown | n/a | unstated | 2 | |
| first lien revolver first lien | unknown | n/a | unstated | 4 | |
| first lien term loan first lien exited Mar 31, 2025 | at least $198M | 98c | S+675 bp | Dec 1, 2026 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated Non-Affiliated Issuer | $6.6M | $6.5M 102c | S+675 bp |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated Non-Affiliated Issuer | $4.3M | $4.3M 102c | S+675 bp |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated | n/a | n/a | |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated Non-Affiliated Issuer | $3.3M | $0 0c | |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated Non-Affiliated Issuer | $37.6M | $37.6M 102c | S+675 bp |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated | n/a | n/a | |
| H•• C•••••••• L•••••• F••• | unstated lien unstated Non-Affiliated Issuer | $27.5M | $27.1M 102c | S+675 bp |
| H•• C•••••••• L•••••• F••• | unstated lien unstated Non-Affiliated Issuer | $13.8M | $0 0c | |
| H•• C•••••••• L•••••• F••• | unstated lien unstated Non-Affiliated Issuer | $158M | $158M 102c | S+675 bp |
| H•• C•••••••• L•••••• F••• | delayed draw term loan first lien 1st Lien Senior Secured Delayed Draw Loan | n/a | n/a | |
| H•• C•••••••• L•••••• F••• | unstated lien unstated Non-Affiliated Issuer | $18.1M | $18.1M 102c | S+675 bp |
| H•• C•••••••• L•••••• F••• | revolver first lien 1st Lien Senior Secured Revolving Loan | n/a | n/a |
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 | $269M | $252M | 102c | 0 |
| Mar 31, 2026 | 2 | $51.8M | $48.4M | 102c | 0 |
| Dec 31, 2025 | 2 | $266M | $248M | 102c | 4 |
| Sep 30, 2025 | 2 | $265M | $209M | 100c | 2 |
| Jun 30, 2025 | 2 | $261M | $182M | 100c | 2 |
| Mar 31, 2025 | 2 | $198M | $194M | 98c | 0 |
| Dec 31, 2024 | 2 | $396M | $373M | 94c | 4 |
| Sep 30, 2024 | 2 | $196M | $183M | 93c | 4 |
| Jun 30, 2024 | 2 | $193M | $180M | 93c | 4 |
| Mar 31, 2024 | 2 | $188M | $170M | 91c | 4 |
| Dec 31, 2023 | 2 | $199M | $175M | 88c | 0 |
| Sep 30, 2023 | 1 | $36.3M | $30.7M | 85c | 2 |
| Jun 30, 2023 | 2 | $179M | $143M | 80c | 4 |
| Mar 31, 2023 | 2 | $175M | $140M | 80c | 1 |
| Dec 31, 2022 | 2 | $173M | $138M | 81c | 2 |
| Sep 30, 2022 | 1 | $137M | $109M | 81c | 0 |
| Dec 31, 2021 | 1 | $132M | $119M | 91c | 2 |
What changed
- Lender left a facilityDec 31, 2025
- Lender left a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityJun 30, 2025
- Facility left every BDC scheduleMar 31, 2025
- Spread changed (observed)Mar 31, 2025
- Lender left a facilityMar 31, 2025
- Lender left a facilityMar 31, 2025
- Maturity extended (observed)Jun 30, 2024
- Maturity extended (observed)Jun 30, 2024
- Maturity extended (observed)Jun 30, 2024
- Maturity extended (observed)Jun 30, 2024
- Maturity extended (observed)Jun 30, 2024
- Maturity extended (observed)Jun 30, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsJun 30, 2023
- PIK interest appearsJun 30, 2023
- PIK interest appearsJun 30, 2023
- PIK interest appearsJun 30, 2023
- PIK interest appearsDec 31, 2022
- New lender joined a facilityDec 31, 2022
- PIK interest appearsDec 31, 2022
- New lender joined a facilityDec 31, 2022
- Spread changed (observed)Sep 30, 2022
Sponsor
- A•• A•••••• L•
- the sponsor's own portfolio page lists a company of this nameestimatedatlpartners.com"••• Locked"
Identity
- Group key
- V•••••• S•••••• T•••••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived