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•• B•••• I••

Air Freight & Logisticsgroup grade Aoff every schedule since Dec 31, 2025sponsor unattributed
Also written as: Inc._Revolver; ITS Logistics

Nothing material in the last 200 days. Last change: 31 Dec 2025, $13.7M principal held by 2 lenders; matures Jun 2027.

Mark path, consensus per quarter end
Q4 2024: 100¢Q1 2025: 100¢Q2 2025: 100¢Q3 2025: 100¢Q4 2025: 100¢100¢ · 100¢ · 100¢ · 100¢ · 100¢Q4 2024 to Q4 2025
Where each lender marks it on the first lien term loan, 0 points apart
100¢Consensus: 100¢S•••••••• P•••••• C••••• F••• L••: 100¢W••••••••• F••••••• I•••: 100¢100¢
Principal held
at least $13.7M
sum of BDC pieces, a lower bound
Fair value
$13.6M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Jun 14, 2027
$13.7M inside 24 months
On the tape since
Dec 31, 2021
latest Dec 31, 2025
Events
7
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2025, folded to one row per lender
Every BDC piece · 6 positions across 2 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
S•••••••• P•••••• C••••• F••• L••term loan first lien
T••• L••• | N••• D••• Inv. | F•••• L••• S••••• S•••••• L••• | 6/14/2027
$5.2M$5.2M
100c
SOFR+600 bp
S•••••••• P•••••• C••••• F••• L••term loan first lien
T••• L••• | N•••••••••, N••••••••• D••• Investments | F•••• L••• S••••• S•••••• | R•••••••
$5.2M$5.2M
100c
SOFR+600 bp
W••••••••• F••••••• I•••term loan first lien
F•••• L••• S•••••• T••• L•••
$3.3M$3.3M
100c
SOFR+600 bp
S•••••••• P•••••• C••••• F••• L••revolver first lien
R•••••••• L••• | N••• D••• Inv. | F•••• L••• S••••• S•••••• L••• | 6/14/2027
$0-$7,000
140c
SOFR+550 bp
S•••••••• P•••••• C••••• F••• L••revolver first lien
R•••••••• L••• | N•••••••••, N••••••••• D••• Investments | F•••• L••• S••••• S•••••• | R••
$0-$7,000
140c
SOFR+550 bp
View all 6 positionslargest principal first
BDCInstrumentPrincipalFair valueRate
W••••••••• F••••••• I•••revolver first lien
F•••• L••• S•••••• R•••••••• L•••
Not disclosed$2,000SOFR+600 bp
Capital structure as the BDCs see it
latest quarter end Dec 31, 2025
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lien
exited Dec 31, 2025
at least $13.7M100cSOFR+600 bpJun 14, 20272
first lien revolver first lien
exited Dec 31, 2025
at least $0n/aSOFR+550 bpJun 14, 20272
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Dec 31, 20252$13.7M$13.6M100c0
Sep 30, 20252$8.8M$8.7M100c1
Jun 30, 20252$33.5M$28.6M100c0
Mar 31, 20252$33.6M$28.7M100c0
All 15 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Dec 31, 20242$33.7M$28.8M100c0
Sep 30, 20241$3.3M$3.3M101c0
Jun 30, 20241$3.3M$3.3M101c0
Mar 31, 20241$3.3M$3.3M100c0
Dec 31, 20231$3.5M$3.5M100c0
Sep 30, 20231$3.5M$3.5M101c0
Jun 30, 20231$3.6M$3.5M100c0
Mar 31, 20231$3.7M$3.7M100c0
Dec 31, 20221$3.6M$3.5M101c0
Sep 30, 20221$3.6M$3.6M101c0
Dec 31, 20211$3.6M$3.5M100c0
What changed
Full timeline · 19 events
Every change including routine ones
Identity
Group key
I•• B••••derivedthe codename stem after legal suffixes and deal words
Spellings
1 across 3 BDCsderived
Industry
Air Freight & Logisticsreportedas one filer wrote it