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
V•••••• S•••••••• C•••••••• I••
Also written as: 2025; Inc. 1751 Lake Cook Rd; Suite 550 Deerfield IL 60015 C•••••••• Security; V•••••• S•••••••• C•••••••• Holdings, Inc
Principal held
at least $79.9M
sum of BDC pieces, a lower bound
Fair value
$71.9M
93c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
6
2 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Feb 28, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
8
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 $76.8M | 94c | SOFR+400 bp PIK 2.75% | Aug 29, 2029 | 3 |
| first lien revolver first lien | at least $3.1M | 76c | SOFR+625 bp | Feb 28, 2029 | 2 |
| second lien term loan second lien exited Dec 31, 2022 | at least $1.6M | 100c | S+825 bp | Oct 27, 2025 | 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••••• D••• S•••••••• B•• | term loan first lien Investment Type First Lien Secured D••• - Term Loan Interest Rate S+400 Cash plus 2.75% PI | $56.5M | $51.3M 93c | SOFR+400 bp PIK 2.75% |
| A••••• D••• S•••••••• B•• | revolver first lien Investment Type First Lien Secured D••• - Revolver Interest Rate S+625, 1.00% Floor Maturi | $1.3M | $885,000 72c | SOFR+625 bp |
| S••••• P•••• S•••••••• L•••••• F••• | term loan first lien 1st Lien/Secured Loans Instrument 1st Lien Term Loan Industry S•••••••• C•••••••• Rate S+6 | $20.3M | $19.3M 97c | SOFR+675 bp PIK 2.75% |
| S••••• P•••• S•••••••• L•••••• F••• | revolver first lien 1st Lien/Secured Loans Instrument 1st Lien Revolver Industry S•••••••• C•••••••• Rate S+6. | $1.7M | $389,552 88c | SOFR+625 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 | 2 | $79.9M | $71.9M | 93c | 2 |
| Mar 31, 2026 | 2 | $79.2M | $71.5M | 94c | 2 |
| Dec 31, 2025 | 2 | $77.9M | $73.2M | 99c | 1 |
| Sep 30, 2025 | 4 | $77.9M | $74.3M | 100c | 0 |
| Jun 30, 2025 | 1 | $1.5M | $1.5M | 100c | 0 |
| Dec 31, 2023 | 1 | $3.0M | $2.8M | 99c | 0 |
| Sep 30, 2023 | 1 | $3.0M | $2.9M | 100c | 0 |
| Dec 31, 2022 | 1 | $1.6M | $1.4M | 100c | 0 |
| Sep 30, 2022 | 1 | $800,000 | $700,000 | 100c | 0 |
| Dec 31, 2021 | 1 | $800,000 | $700,000 | 100c | 0 |
What changed
- Mark recoveredJun 30, 2026
- Marked down (one lender)Mar 31, 2026
- PIK interest appearsMar 31, 2026
- Spread changed (observed)Dec 31, 2025
- PIK interest appearsDec 31, 2025
- Spread increasedDec 31, 2025
- Spread increasedDec 31, 2025
- Spread increasedDec 31, 2025
- PIK interest appearsDec 31, 2025
- Spread changed (observed)Sep 30, 2025
- Maturity extended (observed)Sep 30, 2025
- New lender joined a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
- Lender left a facilityJun 30, 2025
- Facility left every BDC scheduleDec 31, 2022
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
- H••••• C••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedhig.com"••• Locked"
Identity
- Group key
- V•••••• S•••••••• C••••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 6 BDCsderived
- Industry
- C••••••••reportedas one filer wrote it