DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
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Borrower
A•••••• H•••••• L••
H••••• Care Technologygroup grade Aon a schedule nowsponsor unattributed
Also written as: A•••••• H••••• Holdings, Inc; A•••••• H••••• Intermediate Holdings, Inc; A•••••• H••••• Intermediate Holdings, Inc; LLC Sr Secured; LLC Sr Senior; Wholly-owned subsidiaries
Principal held
at least $12.3M
sum of BDC pieces, a lower bound
Fair value
$11.9M
100c on cost, debt pieces
Unfunded
$533,000
commitments not yet drawn
BDC lenders
13
4 on the latest quarter
Facilities
5
2 equity pieces beside them
Next maturity
May 6, 2027
$12.3M inside 24 months
On the tape since
Sep 30, 2021
latest Jun 30, 2026
Events
16
dated, non-routine
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 $11.9M | 100c | SOFR+485 bp | May 6, 2028 | 11 |
| first lien revolver first lien | at least $433,000 | n/a | S+485 bp | May 6, 2028 | 2 |
| revolver lien unstated | at least $0 | n/a | SOFR+485 bp | May 6, 2027 | 2 |
| other lien unstated | unknown | n/a | unstated | 7 | |
| second lien revolver second lien exited Jun 30, 2025 | unknown | n/a | unstated | 2 |
Equity pieces beside the debt: equity ($6.8M fair value, 2 BDCs), preferred equity ($52.2M fair value, 6 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••• C•••••• C••• | unstated lien unstated | n/a | n/a | |
| A••• C•••••• C••• | term loan first lien First lien senior secured loan | $2.8M | $2.8M 100c | S+475 bp |
| B•••••••• D••••• L•••••• C•••• | revolver lien unstated Instrument Sr S•••••• Revolver Ref SOFR(M) Floor 1.00% Spread 4.85% Total Coupon 8.49% Mat | $0 | $0 0c | SOFR+485 bp |
| B•••••••• D••••• L•••••• C•••• | term loan first lien Instrument First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 4.85% Total Coupon 8.49% Ma | $556,230 | $556,223 100c | SOFR+485 bp |
| B•••••••• T•• C•••••• C•••• | term loan first lien First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 4.85% Total Coupon 8.49% Maturity 5/6/ | $5.4M | $5.4M 100c | SOFR+485 bp |
| B•••••••• T•• C•••••• C•••• | revolver lien unstated Revolver Ref SOFR(M) Floor 1.00% Spread 4.85% Total Coupon 8.49% Maturity 5/6/2027 | $0 | $0 0c | SOFR+485 bp |
| M••••• C•••••• I••••• P••• C••• | term loan first lien Senior S•••••• Loans | $3.2M | $3.2M 100c | S+485 bp |
| M••••• C•••••• I••••• P••• C••• | revolver first lien Revolver) | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | revolver first lien Revolver) | Senior S•••••• Loans | $433,000 | $0 | S+485 bp |
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 | 4 | $12.3M | $11.9M | 100c | 0 |
| Mar 31, 2026 | 4 | $12.3M | $11.9M | 101c | 0 |
| Dec 31, 2025 | 4 | $12.3M | $12.0M | 101c | 0 |
| Sep 30, 2025 | 4 | $12.4M | $12.0M | 101c | 0 |
| Jun 30, 2025 | 6 | $69.1M | $68.5M | 101c | 0 |
| Mar 31, 2025 | 6 | $111M | $109M | 100c | 0 |
| Dec 31, 2024 | 8 | $314M | $311M | 100c | 0 |
| Sep 30, 2024 | 8 | $112M | $110M | 100c | 0 |
| Jun 30, 2024 | 8 | $113M | $111M | 100c | 0 |
| Mar 31, 2024 | 9 | $113M | $111M | 100c | 0 |
| Dec 31, 2023 | 13 | $233M | $228M | 101c | 0 |
| Sep 30, 2023 | 11 | $127M | $125M | 100c | 0 |
| Jun 30, 2023 | 12 | $129M | $125M | 100c | 0 |
| Mar 31, 2023 | 12 | $133M | $128M | 99c | 0 |
| Dec 31, 2022 | 11 | $190M | $182M | 98c | 1 |
| Sep 30, 2022 | 5 | $56.7M | $55.2M | 100c | 0 |
| Dec 31, 2021 | 3 | $65.7M | $65.3M | 101c | 0 |
| Sep 30, 2021 | 1 | $0 | $0 | n/a | 0 |
What changed
- Maturity approachingMay 6, 2028
- Maturity approachingMay 6, 2028
- Maturity approachingMay 6, 2027
- Maturity approachingMay 6, 2027
- Maturity approachingMay 6, 2027
- Maturity extended (observed)Jun 30, 2026
- Lender left a facilityJun 30, 2025
- Lender left a facilityJun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Facility left every BDC scheduleJun 30, 2025
- Lender left a facilityDec 31, 2024
- PIK interest appearsDec 31, 2024
- Lender left a facilityDec 31, 2024
- Lender left a facilityDec 31, 2024
- Spread changed (observed)Jun 30, 2024
- Spread changed (observed)Jun 30, 2024
- Spread increasedJun 30, 2024
- Spread changed (observed)Mar 31, 2024
- Spread changed (observed)Mar 31, 2024
- Spread increasedMar 31, 2024
- Spread increasedMar 31, 2024
- Lender left a facilityDec 31, 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
- APPRISS HEALTHderivedthe codename stem after legal suffixes and deal words
- Spellings
- 3 across 13 BDCsderived
- Industry
- H••••• Care Technologyreportedas one filer wrote it