DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
Borrower
Glow Intermediate Holdings III LLC
Construction & Engineeringgroup grade Con a schedule nowsponsor unattributed
Principal held
at least $24.0M
sum of BDC pieces, a lower bound
Fair value
$24.0M
102c on cost, debt pieces
Unfunded
$5.8M
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Jul 31, 2032
no dated debt inside 24 months
On the tape since
Mar 31, 2026
latest Jun 30, 2026
Events
0
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| term loan lien unstated | at least $22.0M | 101c | SOFR+475 bp | Jul 31, 2032 | 1 |
| revolver lien unstated | at least $2.1M | 103c | SOFR+475 bp | Jul 31, 2032 | 1 |
| delayed draw term loan lien unstated | unknown | n/a | SOFR+475 bp | Aug 2, 2032 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| Diameter Credit Co | revolver lien unstated Revolving Line of Credit | n/a | n/a | |
| Diameter Credit Co | delayed draw term loan lien unstated Delayed Draw Term Loan | n/a | n/a | |
| Diameter Credit Co | delayed draw term loan lien unstated Delayed Draw Term Loan Reference Rate SOFR Spread 4.75% Acquisition Date 7/31/2025 Maturit | n/a | $0 0c | SOFR+475 bp |
| Diameter Credit Co | revolver lien unstated Revolving Line of Credit Interest Rate 8.48% Reference Rate SOFR Spread 4.75% Acquisition | $2.1M | $2.1M 103c | SOFR+475 bp |
| Diameter Credit Co | term loan lien unstated Term Loan Interest Rate 8.48% Reference Rate SOFR Spread 4.75% Acquisition Date 7/31/2025 | $22.0M | $22.0M 101c | SOFR+475 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 | $24.0M | $24.0M | 102c | 0 |
| Mar 31, 2026 | 1 | $22.7M | $22.6M | 102c | 0 |
What changed
- Marked down (one lender)Jun 30, 2026
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- GLOW INTERMEDIATE HOLDINGS IIIderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Construction & Engineeringreportedas one filer wrote it