DFX Intelligence
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Borrower
H••• B••••• I••
Consumer Productsgroup grade Aon a schedule nowsponsor unattributed
Also written as: 2025; 22; Inc. - Funded; Inc. - Unfunded; Inc. Acquisition 5; Inc. Asset Type; Letters of Credit; Undrawn Commitment
Principal held
at least $55.8M
sum of BDC pieces, a lower bound
Fair value
$52.4M
101c on cost, debt pieces
Unfunded
$227,000
commitments not yet drawn
BDC lenders
10
7 on the latest quarter
Facilities
5
0 equity pieces beside them
Next maturity
Feb 28, 2029
no dated debt inside 24 months
On the tape since
Sep 30, 2022
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 |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $48.6M | 101c | SOFR+600 bp | Aug 30, 2029 | 8 |
| first lien revolver first lien | at least $7.2M | 100c | SOFR+600 bp | Aug 30, 2029 | 7 |
| other lien unstated | unknown | n/a | unstated | 3 | |
| second lien term loan second lien exited Dec 31, 2024 | at least $65.0M | 100c | S+835 bp | Jul 6, 2026 | 1 |
| revolver lien unstated exited Sep 30, 2025 | unknown | n/a | unstated | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A•••••• S•••••••• C••••• F••• I• L•• | revolver first lien Commitment Type Revolver Commitment Expiration Date 8/7/2029 | n/a | $-3,000 | |
| A•••••• S•••••••• C••••• F••• I• L•• | revolver first lien Asset Type First Lien Revolver Reference R••• and Spread S + 6.00% Interest R••• 9.66% Mat | $326,000 | $147,000 100c | SOFR+600 bp |
| A•••••• S•••••••• C••••• F••• I• L•• | term loan first lien Asset Type First Lien Term Loan Reference R••• and Spread S + 6.00% Interest R••• 9.66% Ma | $2.1M | $2.1M 100c | SOFR+600 bp |
| C••••••• C•••••• B••• I••• | revolver first lien Investment Type Unitranche First Lien Revolver Interest Term S + 600, 100 Floor Interest R | $243,000 | $247,000 105c | SOFR+600 bp |
| C••••••• C•••••• B••• I••• | revolver first lien Investment Type Revolver Commitment Expiration Date 8/7/2029 | n/a | n/a | |
| C••••••• C•••••• B••• I••• | term loan first lien Investment Type Unitranche First Lien Term Loan Interest Term S + 600, 100 Floor Interest | $3.4M | $3.5M 102c | SOFR+600 bp |
| C••••••• P•••••• C••••• I••••• C••• | term loan first lien Investment Type Unitranche First Lien Term Loan Interest Term S + 600, 100 Floor Interest | $3.4M | $3.5M 102c | SOFR+600 bp |
| C••••••• P•••••• C••••• I••••• C••• | revolver first lien Investment Type Revolver Expiration Date 8/7/2029 | n/a | n/a | |
| C••••••• P•••••• C••••• I••••• C••• | revolver first lien Investment Type Unitranche First Lien Revolver Interest Term S + 600, 100 Floor Interest R | $243,000 | $247,000 105c | SOFR+600 bp |
| M••••• A••••• I••••••••• P•••••• L•••••• | unstated lien unstated | n/a | n/a | |
| P••••••••• F••••••• R••• C•••••• L••• | revolver first lien First Lien Secured Debt Revolver Acquisition 2/7/2025 Maturity 8/7/2029 Industry Consumer | $1.5M | $-7,000 | 0.00% |
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien First Lien Secured Debt Acquisition 2/7/2025 Maturity 8/7/2029 Industry Consumer products | $10.5M | $10.5M 100c | SOFR+600 bp |
| P••••••••• F••••••• R••• C•••••• L••• | revolver first lien First Lien Secured Debt Revolver Acquisition 2/7/2025 Maturity 8/7/2029 Industry Consumer | $1.3M | $1.3M 100c | SOFR+600 bp |
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien First Lien Secured Debt Acquisition 5/22/2025 Maturity 8/7/2029 Industry Consumer Products | $6.4M | $6.4M 101c | SOFR+600 bp |
| P••••••••• I••••••••• C••• | revolver first lien First Lien Secured Debt Revolver Acquisition 7/18/2018 Maturity 8/7/2029 Industry Consumer | $1.4M | $-7,000 | 0.00% |
| P••••••••• I••••••••• C••• | term loan first lien First Lien Secured Debt Acquisition 7/18/2018 Maturity 8/7/2029 Industry Consumer Products | $9.3M | $9.3M 100c | SOFR+600 bp |
| P••••••••• I••••••••• C••• | revolver first lien First Lien Secured Debt Revolver Acquisition 7/18/2018 Maturity 8/7/2029 Industry Consumer | $1.3M | $1.3M 100c | SOFR+600 bp |
| S•••••••• P•••••• C••••• F••• L•• | revolver first lien Revolving Loan | NCNA Debt Inv. | First Lien Senior Secured Loan | 8/7/2029 | $948,000 | $922,000 100c | SOFR+568 bp |
| S•••••••• P•••••• C••••• F••• L•• | term loan first lien Term Loan | NCNA Debt Inv. | First Lien Senior Secured Loan | 8/7/2029 One | $4.0M | $3.9M 101c | SOFR+600 bp |
| S•••••••• P•••••• C••••• F••• L•• | term loan first lien Term Loan | NCNA Debt Inv. | First Lien Senior Secured Loan | 8/7/2029 | $9.4M | $9.3M 100c | SOFR+600 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 | 7 | $55.8M | $52.4M | 101c | 0 |
| Mar 31, 2026 | 7 | $53.7M | $49.3M | 100c | 1 |
| Dec 31, 2025 | 7 | $73.9M | $69.7M | 101c | 0 |
| Sep 30, 2025 | 7 | $79.4M | $72.3M | 101c | 0 |
| Jun 30, 2025 | 5 | $60.1M | $54.0M | 98c | 0 |
| Mar 31, 2025 | 7 | $63.4M | $56.6M | 98c | 0 |
| Dec 31, 2024 | 2 | $80.9M | $47.7M | 99c | 0 |
| Sep 30, 2024 | 2 | $80.0M | $77.6M | 98c | 0 |
| Jun 30, 2024 | 2 | $39.8M | $38.4M | 97c | 0 |
| Mar 31, 2024 | 2 | $38.2M | $35.8M | 95c | 0 |
| Dec 31, 2023 | 2 | $38.2M | $35.9M | 95c | 0 |
| Sep 30, 2023 | 2 | $70.7M | $67.4M | 96c | 0 |
| Jun 30, 2023 | 2 | $38.2M | $36.9M | 97c | 0 |
| Mar 31, 2023 | 2 | $38.2M | $36.9M | 97c | 0 |
| Dec 31, 2022 | 1 | $5.7M | $5.1M | 89c | 0 |
| Sep 30, 2022 | 1 | $32.5M | $31.8M | 99c | 0 |
What changed
- PIK interest appearsMar 31, 2026
- PIK interest appearsMar 31, 2026
- Marked down (one lender)Dec 31, 2025
- Marked down (one lender)Dec 31, 2025
- Marked down (one lender)Dec 31, 2025
- Maturity shortened (observed)Dec 31, 2025
- Lender left a facilitySep 30, 2025
- Lender left a facilitySep 30, 2025
- Spread increasedSep 30, 2025
- Lender left a facilitySep 30, 2025
- Lender left a facilitySep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
- Marked down (one lender)Jun 30, 2025
- Marked down (one lender)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Mar 31, 2025
- Spread changed (observed)Mar 31, 2025
- New lender joined a facilityMar 31, 2025
- New lender joined a facilityMar 31, 2025
- New lender joined a facilityMar 31, 2025
- New lender joined a facilityMar 31, 2025
- New lender joined a facilityMar 31, 2025
- Marked down (one lender)Mar 31, 2025
- Spread increasedMar 31, 2025
- Lender left a facilityMar 31, 2025
- New lender joined a facilityMar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- New lender joined a facilityMar 31, 2025
- Spread changed (observed)Dec 31, 2024
- Facility left every BDC scheduleDec 31, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- H••• B••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 10 BDCsderived
- Industry
- Consumer Productsreportedas one filer wrote it