DFX Intelligence
Private Credit Intelligence
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Borrower
V•••••• C•••••••••
Distributorsgroup grade Bon a schedule nowsponsor unattributed
Principal held
at least $6.0M
sum of BDC pieces, a lower bound
Fair value
$5.6M
95c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Nov 17, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
1
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 $6.0M | 95c | SOFR+400 bp | Dec 2, 2030 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••••• P•••••• C••••• F••• | term loan first lien Instrument First Lien Term Loan Ref SOFR(Q) Spread 4.00% Total Coupon 7.73% Maturity 11/17 | $392,494 | $371,953 95c | SOFR+400 bp |
| G•••••• S•••• P•••••• C••••• C•••• | term loan first lien 1st Lien/Senior Secured Debt Industry Distributors Interest Rate 7.73% Reference Rate and | $5.6M | $5.3M 95c | SOFR+400 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 | $6.0M | $5.6M | 95c | 0 |
| Mar 31, 2026 | 2 | $6.0M | $5.8M | 97c | 0 |
| Dec 31, 2025 | 2 | $11.6M | $11.6M | 100c | 0 |
| Sep 30, 2025 | 2 | $6.0M | $6.0M | 99c | 0 |
| Jun 30, 2025 | 2 | $14.0M | $14.0M | 100c | 0 |
| Mar 31, 2025 | 2 | $14.0M | $13.9M | 99c | 0 |
| Dec 31, 2024 | 2 | $9.6M | $9.7M | 101c | 0 |
What changed
- Spread increasedMar 31, 2025
- New borrower on a 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
- VERITIVderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- Distributorsreportedas one filer wrote it