DFX Intelligence
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Borrower
D••••••• I••
group grade Aon a schedule nowsponsor unattributed
Principal held
at least $1.7B
sum of BDC pieces, a lower bound
Fair value
$1.7B
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Dec 11, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2024
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 |
|---|---|---|---|---|---|
| delayed draw term loan lien unstated | at least $1.7B | 100c | S+492 bp | Sep 9, 2030 | 2 |
| other lien unstated exited Dec 31, 2024 | at least $1.3B | 100c | S+638 bp | Dec 11, 2029 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | delayed draw term loan lien unstated Non-Affiliated Issuer | $453M | $448M 100c | S+492 bp |
| B••••••••• P•••••• C••••• F••• | delayed draw term loan lien unstated Non-Affiliated Issuer | $1.2B | $1.1B 100c | S+492 bp |
| B••••••••• S•••••• L•••••• F••• | delayed draw term loan lien unstated Non-Affiliated Issuer | $122M | $121M 100c | S+492 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 | 2 | $1.7B | $1.7B | 100c | 0 |
| Mar 31, 2026 | 2 | $1.7B | $1.7B | 100c | 0 |
| Dec 31, 2025 | 2 | $826M | $815M | 100c | 0 |
| Sep 30, 2025 | 2 | $505M | $494M | 100c | 0 |
| Jun 30, 2025 | 2 | $367M | $359M | 100c | 0 |
| Mar 31, 2025 | 2 | $368M | $360M | 100c | 0 |
| Dec 31, 2024 | 2 | $1.3B | $1.3B | 100c | 0 |
What changed
- Maturity extended (observed)Mar 31, 2026
- Maturity extended (observed)Mar 31, 2026
- Spread changed (observed)Dec 31, 2025
- Spread changed (observed)Sep 30, 2025
- New borrower on a BDC scheduleDec 31, 2024
- Facility left every BDC scheduleDec 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
- DROPBOXderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived