DFX Intelligence
Private Credit 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
R•••••• I••
Softwaregroup grade Aoff every schedule since Mar 31, 2025sponsor unattributed
Also written as: Inc.Industry
Principal held
at least $282M
sum of BDC pieces, a lower bound
Fair value
$281M
101c on cost, debt pieces
Unfunded
$762,000
commitments not yet drawn
BDC lenders
9
7 on the latest quarter
Facilities
3
1 equity pieces beside them
Next maturity
Aug 1, 2028
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Mar 31, 2025
Events
7
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Mar 31, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Mar 31, 2025 | at least $282M | 101c | SOFR+700 bp | Aug 17, 2028 | 8 |
| other lien unstated exited Dec 31, 2024 | at least $11.8M | 101c | S+700 bp | Aug 1, 2028 | 1 |
| first lien delayed draw term loan first lien exited Mar 31, 2025 | unknown | n/a | unstated | 3 |
Equity pieces beside the debt: equity ($772,939 fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• O•• T••••••••• F•••••• C•••• | term loan first lien First lien senior secured loan | $64.7M | $64.7M 100c | S+700 bp |
| B••• O•• T••••••••• F•••••• C•••• | delayed draw term loan first lien First lien senior secured delayed draw term loan | n/a | $0 | |
| B••• O•• T••••••••• I••••• C•••• | delayed draw term loan first lien First lien senior secured delayed draw term loan | n/a | $0 | |
| B••• O•• T••••••••• I••••• C•••• | term loan first lien First lien senior secured loan | $53.0M | $53.0M 101c | S+700 bp |
| G•••••• S•••• B••• I••• | term loan first lien 1st Lien/Senior Secured Debt Industry Software Interest Rate 11.47% Reference Rate and Spr | $4.8M | $4.6M 101c | SOFR+700 bp |
| G•••••• S•••• B••• I••• | term loan first lien 1st Lien/Senior Secured Debt Industry Software Interest Rate 11.47% Reference Rate and Spr | $34.4M | $34.4M 101c | SOFR+700 bp |
| G•••••• S•••• M••••• M••••• L•••••• C•••• I• | term loan first lien 1st Lien/Senior Secured Debt Industry Software Interest Rate 11.47% Reference Rate and Spr | $10.9M | $10.9M 101c | SOFR+700 bp |
| G•••••• S•••• M••••• M••••• L•••••• C•••• I• | term loan first lien 1st Lien/Senior Secured Debt Industry Software Interest Rate 11.47% Reference Rate and Spr | $1.5M | $1.4M 101c | SOFR+700 bp |
| G•••••• S•••• P•••••• C••••• C•••• | term loan first lien 1st Lien/Senior Secured Debt Industry Software Interest Rate 11.47% Reference Rate and Spr | $12.0M | $11.3M 101c | SOFR+700 bp |
| G•••••• S•••• P•••••• C••••• C•••• | term loan first lien 1st Lien/Senior Secured Debt Industry Software Interest Rate 11.47% Reference Rate and Spr | $85.5M | $85.5M 101c | SOFR+700 bp |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | term loan first lien 1st Lien/Senior Secured Debt Industry Software Interest Rate 11.47% Reference Rate and Spr | $4.4M | $4.4M 101c | SOFR+700 bp |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | term loan first lien 1st Lien/Senior Secured Debt Industry Software Interest Rate 11.47% Reference Rate and Spr | $613,000 | $581,000 101c | SOFR+700 bp |
| P•••••• S••••• B•• L•• | term loan first lien 1st Lien/Senior Secured Debt Interest Rate 11.47% Reference Rate and Spread S + 7.00% Matu | $1.2M | $1.2M 101c | SOFR+700 bp |
| P•••••• S••••• B•• L•• | term loan first lien 1st Lien/Senior Secured Debt Interest Rate 11.47% Reference Rate and Spread S + 7.00% Matu | $8.8M | $8.8M 101c | SOFR+700 bp |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Mar 31, 2025 | 7 | $282M | $281M | 101c | 0 |
| Dec 31, 2024 | 8 | $346M | $345M | 101c | 0 |
| Sep 30, 2024 | 9 | $280M | $276M | 101c | 0 |
| Jun 30, 2024 | 8 | $266M | $268M | 101c | 0 |
| Mar 31, 2024 | 8 | $263M | $259M | 101c | 0 |
| Dec 31, 2023 | 8 | $521M | $476M | 100c | 0 |
| Sep 30, 2023 | 8 | $263M | $252M | 100c | 0 |
| Jun 30, 2023 | 6 | $156M | $67.5M | 101c | 0 |
| Mar 31, 2023 | 6 | $117M | $65.3M | 101c | 0 |
| Dec 31, 2022 | 6 | $153M | $146M | 100c | 0 |
What changed
- Facility left every BDC scheduleMar 31, 2025
- Lender left a facilityMar 31, 2025
- Lender left a facilityMar 31, 2025
- Lender left a facilityMar 31, 2025
- Lender left a facilityMar 31, 2025
- Lender left a facilityMar 31, 2025
- Lender left a facilityMar 31, 2025
- Lender left a facilityMar 31, 2025
- Facility left every BDC scheduleMar 31, 2025
- Lender left a facilityMar 31, 2025
- Lender left a facilityMar 31, 2025
- Facility left every BDC scheduleDec 31, 2024
- Maturity extended (observed)Sep 30, 2023
- New lender joined a facilitySep 30, 2023
- New lender joined a facilitySep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Spread changed (observed)Mar 31, 2023
- Spread increasedMar 31, 2023
- Spread increasedMar 31, 2023
- Spread increasedMar 31, 2023
- New borrower on a BDC scheduleDec 31, 2022
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- RUBRIKderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 9 BDCsderived
- Industry
- Softwarereportedas one filer wrote it