DFX Intelligence
The names 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.
Borrower
H• L••
group grade Con a schedule nowsponsor unattributed
What matters now
- 100¢ → 68¢consensus mark
Consensus mark 68¢ on cost, down from 100¢ a year ago, 100¢ 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 - $2.75Mprincipal outstanding
$2.75M principal held by 1 lender.
Q2 2026 · The loss if the marks hold, spread across the holders below.
FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound - 100¢ → 68¢-32 pts, one lender
T••••••••• P•••••• V•••••• C••••• I••• marked it 100¢ → 68¢, the largest move among 1 lender this quarter.
Q2 2026 · One holder repriced far more than the rest.
Mark path, consensus per quarter end
100¢ · 100¢ · 100¢ · 100¢ · 68¢Q2 2025 to Q2 2026
Principal held
at least $2.8M
sum of BDC pieces, a lower bound
Fair value
$2.0M
68c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
2
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 |
|---|---|---|---|
| T••••••••• P•••••• V•••••• C••••• I••• | $2.75M | 68¢ | -32 pts |
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| T••••••••• P•••••• V•••••• C••••• I••• | term loan lien unstated Growth Capital L••• | $2.8M | $2.0M 68c | S+150 bp PIK 6.50% |
| T••••••••• P•••••• V•••••• C••••• I••• | warrants equity C••••• S•••• | W•••••• Investments | Not disclosed | $2,000 5c | |
| T••••••••• P•••••• V•••••• C••••• I••• | preferred equity equity P•••••••• S•••• | W•••••• Investments | Not disclosed | $0 0c |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| term loan lien unstated | at least $2.8M | 68c | S+150 bp PIK 6.50% | unstated | 1 |
| other lien unstated exited Dec 31, 2024 | at least $5.1M | 100c | S+150 bp PIK 6.50% | unstated | 1 |
Equity pieces beside the debt: warrants ($2,000 fair value, 1 BDC), preferred equity ($0 fair value, 1 BDC)
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 | $2.8M | $2.0M | 68c | 1 |
| Mar 31, 2026 | 1 | $2.8M | $2.9M | 100c | 1 |
| Dec 31, 2025 | 1 | $5.4M | $5.8M | 100c | 2 |
| Sep 30, 2025 | 1 | $2.7M | $2.8M | 100c | 1 |
All 12 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $2.6M | $2.8M | 100c | 1 |
| Mar 31, 2025 | 1 | $2.6M | $2.7M | 100c | 1 |
| Dec 31, 2024 | 1 | $7.6M | $8.1M | 100c | 3 |
| Sep 30, 2024 | 1 | $2.5M | $2.6M | 97c | 1 |
| Jun 30, 2024 | 1 | $2.5M | $2.6M | 99c | 1 |
| Mar 31, 2024 | 1 | $2.4M | $2.5M | 98c | 1 |
| Dec 31, 2023 | 1 | $2.4M | $2.4M | 98c | 1 |
| Dec 31, 2022 | 1 | $2.5M | $2.5M | 99c | 0 |
What changed
- Marked down across lendersJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- 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
- HIderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived