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••••••• N••••••• O••• I• L••
Also written as: A••••••• N••••••• Parent LLC; Equity Securities; Software
What matters now
- 93¢ → 91¢consensus mark
Consensus mark 91¢ on cost, down from 93¢ a year ago, 95¢ last quarter.
Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.
Derived1 of 1 lender' own marks, weighted by principal
Mark path, consensus per quarter end
93¢ · 93¢ · 100¢ · 95¢ · 91¢Q2 2025 to Q2 2026
Principal held
at least $732,000
sum of BDC pieces, a lower bound
Fair value
$3.1M
91c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
2 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
Mar 3, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
6
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| M••••• C•••••• I••••• P••• C••• | $732K | 91¢ | -4 pts |
Every BDC piece · 3 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• C•••••• I••••• P••• C••• | term loan first lien S••••• S•••••• L•••• | $732,000 | $620,000 91c | S+600 bp PIK 5.00% |
| M••••• C•••••• I••••• P••• C••• | equity equity C••••• units) | Equity S••••••••• | $0 | $97,000 11c | |
| I••••••••• C••••• M••••••••• B••• I••• | warrants equity W••••••• Equity I•••••••, I•••••• A••••••••• D••• 3/3/2025 | Not disclosed | $2.4M 87c |
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 $732,000 | 91c | S+600 bp PIK 5.00% | Mar 3, 2030 | 2 |
| delayed draw term loan lien unstated exited Dec 31, 2024 | unknown | n/a | unstated | 1 |
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 | $732,000 | $620,000 | 91c | 1 |
| Mar 31, 2026 | 2 | $376,000 | $338,000 | 95c | 1 |
| Dec 31, 2025 | 3 | $708,000 | $648,000 | 100c | 2 |
| Sep 30, 2025 | 2 | $376,000 | $340,000 | 93c | 1 |
All 7 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 2 | $376,000 | $350,000 | 93c | 1 |
| Mar 31, 2025 | 2 | $376,000 | $371,000 | 99c | 1 |
| Dec 31, 2024 | 1 | $0 | $0 | n/a | 0 |
What changed
- returned to accrualJun 30, 2026
- Mark recoveredDec 31, 2025
- Marked down across lendersJun 30, 2025
- Marked down (one lender)Jun 30, 2025
- non accrual placedMar 31, 2025
Full timeline · 7 eventsShow fewer
- New borrower on a BDC scheduleDec 31, 2024
- Facility left every BDC scheduleDec 31, 2024
Sponsor
Possible relationship, not established: S••••• L••• T••••••••• M••••••••• L••, because a company of this name is on the sponsor's portfolio page (confidence 0.55). No deal announcement or filing names it as a party, so it is not shown as this borrower’s sponsor.
- S••••• L••• T••••••••• M••••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedsilverlake.com"••• Locked"
- P••••• C••••••
- the sponsor's own portfolio page lists a company of this nameestimatedplexuscap.com"••• Locked"
- F•••••••• P•••••••
- the sponsor's own portfolio page lists a company of this nameestimatedfranciscopartners.com"••• Locked"
Identity
- Group key
- APPLOGIC NETWORKSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 3 BDCsderived