DFX Intelligence
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
A••• S••••••••• P•• F•••••• C• I• L••
Structured finance (CLO)group grade Aon a schedule nowsponsor unattributed
Also written as: A••• S••••••••• P•• F•••••• C• I• L•• Class A; A••• S••••••••• P•• F•••••• C• I• L•• Class C; Structured Finance Obligations - Debt
Principal held
at least $14.0M
sum of BDC pieces, a lower bound
Fair value
$7.1M
102c on cost, debt pieces
Unfunded
$7.0M
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Apr 14, 2039
no dated debt inside 24 months
On the tape since
Jun 30, 2025
latest Jun 30, 2026
Events
2
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| H•• C•••••••• C•••••• S•••••••• F••• | notes lien unstated N••••••••• I••••• | $997,000 | $511,000 103c | S+290 bp |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated | n/a | n/a | |
| H•• C•••••••• C•••••• S•••••••• F••• | notes lien unstated N••••••••• I••••• | $7.0M | $3.5M 101c | S+850 bp |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated | n/a | n/a | |
| H•• C•••••••• L•••••• F••• | notes lien unstated N••••••••• I••••• | $5.0M | $2.5M 101c | S+850 bp |
| H•• C•••••••• L•••••• F••• | notes lien unstated S••••••••• Finance O••••••••• - D••• I••••••••• 2 | n/a | n/a | |
| H•• C•••••••• L•••••• F••• | notes lien unstated N••••••••• I••••• | $997,000 | $511,000 103c | S+290 bp |
| H•• C•••••••• L•••••• F••• | notes lien unstated S••••••••• Finance O••••••••• - D••• I••••••••• 1 | n/a | n/a |
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 | $14.0M | $7.1M | 102c | 0 |
| Mar 31, 2026 | 2 | $8.0M | $1.3M | 118c | 0 |
| Dec 31, 2025 | 2 | $0 | $562,000 | 401c | 0 |
| Sep 30, 2025 | 2 | $0 | $145,000 | 100c | 0 |
| Jun 30, 2025 | 2 | $0 | $145,000 | 100c | 0 |
What changed
- Spread changed (observed)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Lender left a facilityMar 31, 2026
- New borrower on a BDC scheduleJun 30, 2025
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- ARES SECONDARIES PBN FINANCEderivedthe codename stem after legal suffixes and deal words
- Spellings
- 3 across 2 BDCsderived
- Industry
- Structured finance (CLO)reportedas one filer wrote it