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•••••• I•••••••• P•••••••• I••
What matters now
- 98¢ → 97¢consensus mark
Consensus mark 97¢ on cost, down from 98¢ a year ago, 95¢ 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
Mark path, consensus per quarter end
98¢ · 97¢ · 94¢ · 95¢ · 97¢Q2 2025 to Q2 2026
Principal held
at least $4.4M
sum of BDC pieces, a lower bound
Fair value
$4.2M
97c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Dec 31, 2028
no dated debt inside 24 months
On the tape since
Mar 31, 2024
latest Jun 30, 2026
Events
4
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 |
|---|---|---|---|
| C••••••• C•••••• B••• I••• | $4.39M | 97¢ | +2 pts |
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| C••••••• C•••••• B••• I••• | term loan first lien Investment T••• U••••••••• F•••• L••• T••• L••• I••••••• T••• S + 650, 100 F•••• I••••••• | $4.3M | $4.2M 98c | SOFR+650 bp |
| C••••••• C•••••• B••• I••• | revolver first lien Investment T••• U••••••••• F•••• L••• R••••••• I••••••• T••• S + 650, 100 F•••• I••••••• R | $78,000 | $55,000 75c | SOFR+650 bp |
| C••••••• C•••••• B••• I••• | revolver first lien Investment T••• R••••••• C••••••••• E••••••••• D••• 12/22/2028 | Not disclosed | Not disclosed |
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 $4.3M | 98c | SOFR+650 bp | Dec 31, 2028 | 1 |
| first lien revolver first lien | at least $78,000 | n/a | SOFR+650 bp | Dec 31, 2028 | 1 |
| first lien delayed draw term loan first lien exited Mar 31, 2025 | unknown | n/a | S+600 bp | Dec 31, 2028 | 1 |
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 | $4.4M | $4.2M | 97c | 0 |
| Mar 31, 2026 | 1 | $4.4M | $4.1M | 95c | 0 |
| Dec 31, 2025 | 1 | $4.4M | $4.1M | 94c | 0 |
| Sep 30, 2025 | 1 | $4.5M | $4.3M | 97c | 0 |
All 10 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $4.5M | $4.4M | 98c | 0 |
| Mar 31, 2025 | 1 | $4.5M | $4.2M | 94c | 0 |
| Dec 31, 2024 | 1 | $9.0M | $8.7M | 97c | 0 |
| Sep 30, 2024 | 1 | $4.7M | $4.6M | 99c | 0 |
| Jun 30, 2024 | 1 | $4.7M | $4.7M | 102c | 0 |
| Mar 31, 2024 | 1 | $4.7M | $4.6M | 100c | 0 |
What changed
- Marked down (one lender)Dec 31, 2025
- Marked down (one lender)Sep 30, 2025
- Spread changed (observed)Jun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Spread increasedJun 30, 2025
Full timeline · 11 eventsShow fewer
- Spread increasedJun 30, 2025
- Marked down (one lender)Mar 31, 2025
- Facility left every BDC scheduleMar 31, 2025
- Marked down (one lender)Dec 31, 2024
- Marked down (one lender)Sep 30, 2024
- New borrower on a BDC scheduleMar 31, 2024
Sponsor
Possible relationship, not established: D•• C•••••• M••••••••• L••, because a company of this name is on the sponsor's portfolio page (confidence 0.7). No deal announcement or filing names it as a party, so it is not shown as this borrower’s sponsor.
- D•• C•••••• M••••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimateddfwcapital.com"••• Locked"
Identity
- Group key
- V•••••• I•••••••• P•••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- I••••••••reportedas one filer wrote it