The names past the first three in each section 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.
Spatial Business Systems LLC
Nothing material in the last 200 days. No dated change on record yet.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| Barings BDC, Inc. | no principal filed | no cost filed | no comparable mark |
| Barings Capital Investment Corp | no principal filed | no cost filed | no comparable mark |
| Barings Private Credit Corp | no principal filed | no cost filed | no comparable mark |
Every BDC piece · 3 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| Barings BDC, Inc. | revolver lien unstated Revolver | Not disclosed | Not disclosed | |
| Barings Capital Investment Corp | revolver lien unstated Revolver | Not disclosed | Not disclosed | |
| Barings Private Credit Corp | revolver lien unstated Revolver | Not disclosed | Not disclosed |
Capital structure as the BDCs see itlatest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| revolver lien unstated | unknown | n/a | unstated | 3 | |
| first lien term loan first lien exited Mar 31, 2026 | at least $53.0M | 100c | S+475 bp | unstated | 3 |
| delayed draw term loan lien unstated exited Dec 31, 2024 | unknown | n/a | S+550 bp | unstated | 3 |
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2026 | 3 | $0 | $0 | n/a | 0 |
| Mar 31, 2026 | 3 | $53.0M | $52.4M | 100c | 0 |
| Dec 31, 2025 | 3 | $41.1M | $40.7M | 100c | 0 |
| Sep 30, 2025 | 3 | $42.1M | $41.6M | 100c | 0 |
All 16 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 3 | $32.4M | $32.4M | 102c | 0 |
| Mar 31, 2025 | 3 | $32.5M | $32.5M | 102c | 0 |
| Dec 31, 2024 | 3 | $58.6M | $57.6M | 100c | 0 |
| Sep 30, 2024 | 3 | $25.0M | $23.8M | 98c | 0 |
| Jun 30, 2024 | 3 | $25.0M | $24.7M | 101c | 0 |
| Mar 31, 2024 | 3 | $25.1M | $24.7M | 101c | 0 |
| Dec 31, 2023 | 3 | $25.2M | $24.7M | 101c | 0 |
| Sep 30, 2023 | 3 | $25.2M | $24.7M | 101c | 0 |
| Jun 30, 2023 | 3 | $15.2M | $14.5M | 101c | 0 |
| Mar 31, 2023 | 3 | $15.2M | $14.5M | 101c | 0 |
| Dec 31, 2022 | 3 | $15.2M | $14.3M | 100c | 0 |
| Dec 31, 2021 | 1 | $0 | $0 | n/a | 0 |
- Facility left every BDC scheduleMar 31, 2026
- Facility left every BDC scheduleDec 31, 2024
- Spread increasedSep 30, 2024
- Spread increasedSep 30, 2024
- Spread increasedSep 30, 2024
+14 additional dated changes on this borrower
Includes 3 days of DFX Intelligence. Then $249/month unless canceled.
- Blackstone Management Partners L.L.C.
- graded chain currentderivedrenewableenergyworld.com"Enverus is held by Blackstone (holding evidence https://hf.com/blackstone-announces-agreement-to-acquire-enverus/)"
- Group key
- SPATIAL BUSINESS SYSTEMSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
Spatial Business Systems LLC sits on 18 traced paths of capital across the graphs.
DFX traced 18 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $249/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Position history
- Position exitedB•••••• B••• I••• · from $7.3M2026-06-30
- Position exitedB•••••• P•••••• C••••• C••• · from $39.1M2026-06-30
- Position exitedB•••••• C•••••• I••••••••• C••• · from $6.6M2026-06-30
- Principal decreasedB•••••• C•••••• I••••••••• C••• · $13.3M to $6.6M2026-03-31
- Principal increasedB•••••• P•••••• C••••• C••• · $20.6M to $39.1M2026-03-31
- Principal increasedB•••••• C•••••• I••••••••• C••• · $6.7M to $13.3M2025-12-31
- Principal decreasedB•••••• B••• I••• · $14.8M to $7.3M2025-12-31
- Principal increasedB•••••• P•••••• C••••• C••• · $10.9M to $20.6M2025-09-30
- Position exitedB•••••• P•••••• C••••• C•••2025-03-31
- Spread tightenedB•••••• P•••••• C••••• C••• · 5.50% to 5.00%2025-03-31
Each line is one position compared between two consecutive BDC schedules of investments: principal, fair value mark, spread, PIK and maturity, as filed with the SEC.
›Connections
every published relationship on the graph
Show 1 connection across 1 kindShow fewer
- Mar 4, 2026 to presentcarriedDFX's own graph