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.
Borrower
Snoopy Bidco, Inc
group grade Aon a schedule nowsponsor unattributed
Principal held
at least $1.1B
sum of BDC pieces, a lower bound
Fair value
$1.0B
94c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Jun 1, 2028
$1.1B inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
7
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| delayed draw term loan lien unstated | at least $1.1B | 94c | S+650 bp PIK 5.50% | Jun 1, 2028 | 2 |
| other lien unstated exited Dec 31, 2022 | at least $928M | 98c | S+600 bp | Jun 1, 2028 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| Blackstone Private Credit Fund | delayed draw term loan lien unstated Non-Affiliated Issuer | $748M | $703M 94c | S+650 bp PIK 5.50% |
| Blackstone Secured Lending Fund | delayed draw term loan lien unstated Non-Affiliated Issuer | $365M | $343M 94c | S+650 bp PIK 5.50% |
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 | $1.1B | $1.0B | 94c | 2 |
| Mar 31, 2026 | 2 | $1.1B | $1.0B | 94c | 2 |
| Dec 31, 2025 | 2 | $1.1B | $1.0B | 96c | 2 |
| Sep 30, 2025 | 2 | $1.1B | $1.0B | 96c | 2 |
| Jun 30, 2025 | 2 | $1.1B | $1.0B | 96c | 0 |
| Mar 31, 2025 | 2 | $1.1B | $1.0B | 96c | 0 |
| Dec 31, 2024 | 2 | $2.1B | $2.0B | 97c | 0 |
| Sep 30, 2024 | 2 | $1.1B | $1.0B | 97c | 0 |
| Jun 30, 2024 | 2 | $1.0B | $992M | 98c | 2 |
| Mar 31, 2024 | 2 | $988M | $958M | 98c | 2 |
| Dec 31, 2023 | 2 | $958M | $923M | 98c | 2 |
| Sep 30, 2023 | 2 | $928M | $885M | 97c | 0 |
| Jun 30, 2023 | 2 | $928M | $883M | 97c | 0 |
| Mar 31, 2023 | 2 | $928M | $885M | 97c | 0 |
| Dec 31, 2022 | 2 | $928M | $895M | 98c | 0 |
| Sep 30, 2022 | 2 | $754M | $735M | 100c | 0 |
| Dec 31, 2021 | 2 | $660M | $647M | 101c | 0 |
What changed
- Maturity approachingJun 1, 2028
- PIK interest appearsSep 30, 2025
- Spread changed (observed)Sep 30, 2025
- Spread increasedSep 30, 2025
- Spread increasedSep 30, 2025
- PIK interest appearsSep 30, 2025
- PIK interest appearsSep 30, 2025
- Spread changed (observed)Sep 30, 2024
- PIK interest appearsDec 31, 2023
- PIK interest appearsDec 31, 2023
- PIK interest appearsDec 31, 2023
- Spread changed (observed)Sep 30, 2023
- Spread increasedSep 30, 2023
- Spread increasedSep 30, 2023
- Facility left every BDC scheduleDec 31, 2022
- Maturity shortened (observed)Dec 31, 2022
- Maturity extended (observed)Sep 30, 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
- SNOOPYderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived