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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Borrower
B••••••••• I••
Health Care Technologygroup grade Aon a schedule nowsponsor unattributed
Also written as: First Lien; Inc First Lien - Undrawn; Inc.Industry
Principal held
at least $426M
sum of BDC pieces, a lower bound
Fair value
$386M
99c on cost, debt pieces
Unfunded
$60.6M
commitments not yet drawn
BDC lenders
20
15 on the latest quarter
Facilities
8
0 equity pieces beside them
Next maturity
Dec 1, 2027
$13.9M inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
5
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 $296M | 99c | SOFR+450 bp | Dec 3, 2032 | 18 |
| other lien unstated | at least $130M | 100c | S+450 bp | Dec 3, 2032 | 5 |
| first lien revolver first lien | at least $0 | n/a | SOFR+450 bp | Dec 3, 2032 | 2 |
| first lien delayed draw term loan first lien | at least $0 | n/a | SOFR+450 bp | Dec 3, 2032 | 3 |
| second lien revolver second lien | unknown | n/a | unstated | 2 | |
| second lien delayed draw term loan second lien | unknown | n/a | unstated | 2 | |
| delayed draw term loan lien unstated | unknown | n/a | unstated | 2 | |
| revolver lien unstated | unknown | n/a | unstated | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A• P•••••• C••••• I•••••••• C••• | term loan first lien US Corporate Debt | 1st Lien/Senior S•••••• Debt | Term Loan | 8.23% (S + 4.50%; 0.75% Flo | $9.1M | $8.9M 98c | SOFR+450 bp |
| A• P•••••• C••••• I•••••••• C••• | delayed draw term loan first lien US Corporate Debt | 1st Lien/Senior S•••••• Debt | Delayed Draw Term Loan | 12/3/2032 | $0 | $-22,175 763c | SOFR+450 bp |
| A• P•••••• C••••• I•••••••• C••• | revolver first lien US Corporate Debt | 1st Lien/Senior S•••••• Debt | Revolver | 12/3/2032 | $0 | $-11,287 436c | SOFR+450 bp |
| A• P•••••• L•••••• F••• | delayed draw term loan first lien US Corporate Debt | 1st Lien/Senior S•••••• Debt | Delayed Draw | 12/3/2032 | $0 | $-9,630 762c | SOFR+450 bp |
| A• P•••••• L•••••• F••• | term loan first lien US Corporate Debt | 1st Lien/Senior S•••••• Debt | Term Loan | 8.23% (S + 4.50%; 0.75% Flo | $3.9M | $3.8M 98c | SOFR+450 bp |
| A• P•••••• L•••••• F••• | revolver first lien US Corporate Debt | 1st Lien/Senior S•••••• Debt | Revolver | 12/3/2032 | $0 | $-4,902 435c | SOFR+450 bp |
| A••• C•••••• C••• | unstated lien unstated | n/a | n/a | |
| A••• C•••••• C••• | term loan first lien First lien senior secured loan | $28.0M | $27.7M 99c | S+450 bp |
| A••• S•••••••• I••••• F••• | term loan first lien First lien senior secured loan | $13.3M | $13.2M 99c | S+450 bp |
| A••• S•••••••• I••••• F••• | unstated lien unstated | n/a | n/a | |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $96.2M | $95.5M 100c | S+450 bp |
| B••••••••• P•••••• C••••• F••• | revolver lien unstated Revolver | n/a | n/a | |
| B••••••••• P•••••• C••••• F••• | delayed draw term loan lien unstated Delayed Draw Term Loan | n/a | n/a | |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated Non-Affiliated Issuer | $29.0M | $28.6M 100c | S+450 bp |
| B••••••••• S•••••• L•••••• F••• | unstated lien unstated Non-Affiliated Issuer | $5.1M | $5.1M 100c | S+450 bp |
| C•••••• C••••• S••••••••• I••• | delayed draw term loan second lien Investments | Non-Affiliated Issuer | First and Second Lien Debt | Delayed Draw | n/a | n/a | |
| C•••••• C••••• S••••••••• I••• | term loan first lien Investment | Non-Affiliated Issuer | First Lien Debt | $18.9M | $18.6M 99c | S+450 bp |
| C•••••• C••••• S••••••••• I••• | revolver second lien Investments | Non-Affiliated Issuer | First and Second Lien Debt | Revolver | n/a | n/a | |
| C•••••• S•••••• L••••••• I••• | delayed draw term loan second lien Investments | Non-Affiliated | First and Second Lien Debt | Delayed Draw | n/a | n/a | |
| C•••••• S•••••• L••••••• I••• | term loan first lien Credit Fund | First Lien Debt | $18.9M | $18.6M 99c | S+450 bp |
| C•••••• S•••••• L••••••• I••• | revolver second lien Investments | Non-Affiliated | First and Second Lien Debt | Revolver | n/a | n/a | |
| C•••••• S•••••• L••••••• I••• | term loan first lien Investment | Non-Affiliated Issuer | First Lien Debt | $0 | $-55,000 289c | S+450 bp |
| G•••••• S•••• P•••••• C••••• C•••• | term loan first lien 1st Lien/Senior S•••••• Debt Industry Health Care Technology Reference Rate and Spread S + | $1.7M | $-21,000 263c | SOFR+450 bp |
| G•••••• S•••• P•••••• C••••• C•••• | term loan first lien 1st Lien/Senior S•••••• Debt Industry Health Care Technology Interest Rate 8.23% Reference | $25.8M | $25.4M 99c | SOFR+450 bp |
| G•••••• S•••• P•••••• C••••• C•••• | term loan first lien 1st Lien/Senior S•••••• Debt Industry Health Care Technology Reference Rate and Spread S + | $3.9M | $-48,000 533c | SOFR+450 bp |
| N•• M••••••• G••••••• I• B••• L••••• | term loan first lien First Lien 1 | $30.7M | $30.6M 100c | S+450 bp |
| N•• M••••••• G••••••• I• B••• L••••• | term loan first lien First Lien 3 | $619,000 | $617,000 100c | S+450 bp |
| N•• M••••••• G••••••• I• B••• L••••• | term loan first lien First Lien 2 | $3.4M | $3.4M 100c | S+450 bp |
| N•• M••••••• G••••••• I• B••• L••••• | term loan first lien First Lien - Undrawn 2 | $5.2M | $-13,000 | |
| N•• M••••••• G••••••• I• B••• L••••• | term loan first lien First Lien - Undrawn 1 | $3.7M | $-9,000 113c | |
| N•• M••••••• G••••••• I• I••••• F•••• L••••• | term loan first lien First Lien | Non-Affiliated Issuer | $8.9M | $8.9M 100c | S+450 bp |
| N•• M••••••• G••••••• I• I••••• F•••• L••••• | term loan first lien First Lien - Undrawn | Non-Affiliated Issuer | $1.3M | $-3,000 | |
| N•• M••••••• P•••••• C••••• F••• | term loan first lien First Lien Undrawn 1 | Non-Affiliated Issuer | $3.5M | $-9,000 113c | |
| N•• M••••••• P•••••• C••••• F••• | term loan first lien First Lien Undrawn 2 | Non-Affiliated Issuer | $4.9M | $-12,000 | |
| N•• M••••••• P•••••• C••••• F••• | term loan first lien First Lien | Non-Affiliated Issuer | $32.8M | $32.7M 100c | S+450 bp |
| N•• S•• I• I••• | term loan first lien First Lien - Undrawn | Non-Affiliated Issuer | $3.8M | $9,000 | |
| N•• S•• I• I••• | term loan first lien First Lien | Non-Affiliated Issuer | $23.0M | $22.9M 100c | S+450 bp |
| N•• S•• I• I••• | term loan first lien First Lien | Non-Affiliated Issuer | $2.2M | $2.2M 100c | S+450 bp |
| P•••••• S••••• B•• L•• | term loan first lien 1st Lien/Senior S•••••• Debt Industry Health Care Technology Reference Rate and Spread S + | $1.2M | $-15,000 250c | SOFR+450 bp |
| P•••••• S••••• B•• L•• | term loan first lien 1st Lien/Senior S•••••• Debt Industry Health Care Technology Interest Rate 8.23% Reference | $18.2M | $18.0M 99c | SOFR+450 bp |
| P•••••• S••••• B•• L•• | term loan first lien 1st Lien/Senior S•••••• Debt Industry Health Care Technology Reference Rate and Spread S + | $2.7M | $-34,000 567c | SOFR+450 bp |
| W••• B•• B•• L•• | term loan first lien 1st Lien/Senior S•••••• Debt Industry Health Care Technology Reference Rate and Spread S + | $1.5M | $-18,000 257c | SOFR+450 bp |
| W••• B•• B•• L•• | term loan first lien 1st Lien/Senior S•••••• Debt Industry Health Care Technology Reference Rate and Spread S + | $3.3M | $-41,000 586c | SOFR+450 bp |
| W••• B•• B•• L•• | term loan first lien 1st Lien/Senior S•••••• Debt Industry Health Care Technology Interest Rate 8.23% Reference | $21.8M | $21.5M 99c | SOFR+450 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 | 15 | $426M | $386M | 99c | 0 |
| Mar 31, 2026 | 15 | $404M | $386M | 100c | 0 |
| Dec 31, 2025 | 16 | $518M | $465M | 100c | 0 |
| Sep 30, 2025 | 10 | $111M | $109M | 100c | 0 |
| Jun 30, 2025 | 11 | $114M | $111M | 100c | 0 |
| Mar 31, 2025 | 11 | $112M | $102M | 100c | 0 |
| Dec 31, 2024 | 11 | $175M | $158M | 100c | 0 |
| Sep 30, 2024 | 10 | $104M | $94.3M | 100c | 0 |
| Jun 30, 2024 | 10 | $111M | $103M | 100c | 0 |
| Mar 31, 2024 | 9 | $99.4M | $91.4M | 100c | 0 |
| Dec 31, 2023 | 11 | $216M | $189M | 97c | 0 |
| Sep 30, 2023 | 7 | $76.9M | $58.0M | 100c | 0 |
| Jun 30, 2023 | 6 | $69.6M | $13.1M | 100c | 0 |
| Mar 31, 2023 | 6 | $71.3M | $37.4M | 99c | 0 |
| Dec 31, 2022 | 7 | $137M | $116M | 99c | 0 |
| Sep 30, 2022 | 1 | $14.4M | $14.2M | 99c | 0 |
| Dec 31, 2021 | 1 | $70.2M | $69.5M | 99c | 0 |
What changed
- Maturity extended (observed)Dec 31, 2025
- Spread changed (observed)Dec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- Spread changed (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Lender left a facilityDec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- New lender joined a facilityDec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Lender left a facilitySep 30, 2025
- Lender left a facilitySep 30, 2025
- Lender left a facilityMar 31, 2025
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- Lender left a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- Lender left a facilityDec 31, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- BUSINESSOLVER COMderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 20 BDCsderived
- Industry
- Health Care Technologyreportedas one filer wrote it