DFX Intelligence
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Borrower
T••••••
Capital Equipmentgroup grade Bon a schedule nowsponsor unattributed
What matters now
- 80¢ → 75¢consensus mark
Consensus mark 75¢ on cost, down from 80¢ a year ago, 73¢ 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 - $688Kprincipal outstanding
$688K principal held by 1 lender; matures Jul 2029.
Q2 2026 · Refinancing is due in 33 months at a 75¢ mark.
FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
80¢ · 69¢ · 71¢ · 73¢ · 75¢Q2 2025 to Q2 2026
Principal held
at least $688,185
sum of BDC pieces, a lower bound
Fair value
$512,698
75c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Jul 2, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
11
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 |
|---|---|---|---|
| A•••• C••••• B•• I••• | $688K | 75¢ | +2 pts |
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A•••• C••••• B•• I••• | term loan first lien Investment T••• 1st L••• T••• L••• I•••• S+ S••••• 4.00%, 3.25% PIK I••••••• R••• 10.98% A | $688,185 | $512,698 75c | SOFR+400 bp PIK 3.25% |
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 $688,185 | 75c | SOFR+400 bp PIK 3.25% | Jul 2, 2029 | 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 | 1 | $688,185 | $512,698 | 75c | 1 |
| Mar 31, 2026 | 1 | $689,703 | $505,207 | 73c | 1 |
| Dec 31, 2025 | 1 | $1.4M | $984,988 | 71c | 2 |
| Sep 30, 2025 | 1 | $687,016 | $477,476 | 69c | 1 |
All 14 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $682,847 | $543,717 | 80c | 1 |
| Mar 31, 2025 | 1 | $678,528 | $541,975 | 80c | 0 |
| Dec 31, 2024 | 1 | $670,512 | $503,722 | 75c | 0 |
| Sep 30, 2024 | 1 | $653,307 | $525,912 | 80c | 0 |
| Jun 30, 2024 | 1 | $635,399 | $542,869 | 85c | 0 |
| Mar 31, 2024 | 1 | $618,177 | $613,541 | 99c | 0 |
| Dec 31, 2023 | 1 | $1.9M | $1.1M | 60c | 0 |
| Sep 30, 2023 | 1 | $956,196 | $573,717 | 60c | 0 |
| Jun 30, 2023 | 1 | $958,660 | $623,129 | 65c | 0 |
| Dec 31, 2022 | 1 | $963,589 | $684,148 | 71c | 0 |
What changed
- Spread changed (observed)Jun 30, 2026
- Spread increasedJun 30, 2026
- Marked down across lendersSep 30, 2025
- Marked down (one lender)Sep 30, 2025
- PIK interest appearsJun 30, 2025
Full timeline · 21 eventsShow fewer
- PIK interest appearsJun 30, 2025
- Marked down across lendersDec 31, 2024
- Marked down (one lender)Dec 31, 2024
- Marked down across lendersJun 30, 2024
- Spread changed (observed)Jun 30, 2024
- Marked down (one lender)Jun 30, 2024
- Spread increasedJun 30, 2024
- Mark recoveredMar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Spread changed (observed)Mar 31, 2024
- Spread increasedMar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Marked down across lendersSep 30, 2023
- Marked down (one lender)Sep 30, 2023
- Marked down across lendersJun 30, 2023
- Marked down (one lender)Jun 30, 2023
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- TRIMARKderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Capital Equipmentreportedas one filer wrote it