DFX Intelligence
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Borrower
F• H••• I••••••••• H•••••••• I••
Commercial Services and Suppliesgroup grade Aon a schedule nowsponsor unattributed
Also written as: Inc. Asset Type; Inc. One; Inc. One Asset Type; Inc. Two; Inc. Two Asset Type
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 100¢ · 100¢ · 100¢ · 100¢Q2 2025 to Q2 2026
Where each lender marks it, 1 points apart
100¢101¢
Principal held
at least $93.2M
sum of BDC pieces, a lower bound
Fair value
$90.6M
100c on cost, debt pieces
Unfunded
$5.8M
commitments not yet drawn
BDC lenders
8
7 on the latest quarter
Facilities
4
1 equity pieces beside them
Next maturity
Feb 22, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
5
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 |
|---|---|---|---|
| B•••••• P•••••• C••••• C••• | $44.4M | 100¢ | 0 pts |
| B•••••• C•••••• I••••••••• C••• | $12.3M | 100¢ | 0 pts |
| A••• C•••••• C••• | $10.2M | 101¢ | 0 pts |
| A•••••• S•••••••• C••••• F••• | $9.61M | 100¢ | 0 pts |
| A••• S•••••••• I••••• F••• | $8.11M | 100¢ | -1 pts |
View all 7 lendersShow fewerlargest exposure first
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B•••••• B••• I••• | $6.89M | 100¢ | 0 pts |
| A•••••• P•••••• C••••• F••• | $1.73M | 100¢ | 0 pts |
Every BDC piece · 13 positions across 7 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• P•••••• C••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $44.4M | $44.4M 100c | S+450 bp |
| B•••••• C•••••• I••••••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $12.3M | $12.3M 100c | S+450 bp |
| A••• C•••••• C••• | term loan first lien F•••• lien senior secured loan | $10.2M | $10.2M 101c | S+450 bp |
| A••• S•••••••• I••••• F••• | term loan first lien F•••• lien senior secured loan | $8.1M | $8.1M 100c | S+450 bp |
| A•••••• S•••••••• C••••• F••• | term loan first lien Asset T••• F•••• L••• T••• L••• R•••••••• R••• and S••••• S + 4.50% I••••••• R••• 8.25% M• | $7.4M | $7.4M 100c | SOFR+450 bp |
View all 13 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• B••• I••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $6.9M | $6.9M 100c | S+450 bp |
| A•••••• S•••••••• C••••• F••• | revolver first lien Asset T••• F•••• L••• R••••••• R•••••••• R••• and S••••• S + 4.50% I••••••• R••• 8.25% M•• | $2.2M | $0 0c | SOFR+450 bp |
| A•••••• P•••••• C••••• F••• | term loan first lien Asset T••• F•••• L••• T••• L••• R•••••••• R••• and S••••• S + 4.50% I••••••• R••• 8.25% M• | $1.4M | $1.4M 100c | SOFR+450 bp |
| A•••••• P•••••• C••••• F••• | revolver first lien Asset T••• F•••• L••• R••••••• R•••••••• R••• and S••••• S + 4.50% I••••••• R••• 8.25% M•• | $334,000 | $0 0c | SOFR+450 bp |
| A•••••• P•••••• C••••• F••• | revolver first lien C••••••••• T••• R••••••• C••••••••• E••••••••• D••• 2/22/2029 | Not disclosed | $0 | |
| A•••••• S•••••••• C••••• F••• | revolver first lien C••••••••• T••• R••••••• C••••••••• E••••••••• D••• 2/22/2029 | Not disclosed | $0 | |
| A••• C•••••• C••• | unstated lien unstated | Not disclosed | Not disclosed | |
| A••• S•••••••• I••••• F••• | unstated lien unstated | 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 $90.6M | 100c | SOFR+450 bp | Feb 22, 2030 | 7 |
| first lien revolver first lien | at least $2.6M | n/a | SOFR+450 bp | Feb 22, 2029 | 2 |
| second lien term loan second lien exited Sep 30, 2024 | at least $14.2M | 102c | S+875 bp | Aug 22, 2028 | 2 |
| revolver lien unstated exited Dec 31, 2025 | unknown | n/a | unstated | 2 |
Equity pieces beside the debt: other (Not disclosed fair value, 2 BDCs)
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 | $93.2M | $90.6M | 100c | 0 |
| Mar 31, 2026 | 7 | $93.4M | $90.8M | 100c | 0 |
| Dec 31, 2025 | 7 | $108M | $103M | 100c | 0 |
| Sep 30, 2025 | 7 | $87.7M | $86.5M | 100c | 0 |
All 17 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 7 | $88.0M | $86.8M | 100c | 0 |
| Mar 31, 2025 | 7 | $88.1M | $86.9M | 100c | 0 |
| Dec 31, 2024 | 7 | $139M | $137M | 100c | 0 |
| Sep 30, 2024 | 3 | $15.6M | $14.4M | 102c | 0 |
| Jun 30, 2024 | 3 | $20.6M | $19.4M | 101c | 0 |
| Mar 31, 2024 | 3 | $15.6M | $14.4M | 102c | 0 |
| Dec 31, 2023 | 2 | $12.6M | $12.6M | 102c | 0 |
| Sep 30, 2023 | 2 | $13.8M | $13.8M | 102c | 0 |
| Jun 30, 2023 | 2 | $15.1M | $15.1M | 102c | 0 |
| Mar 31, 2023 | 2 | $15.1M | $15.1M | 102c | 0 |
| Dec 31, 2022 | 2 | $30.3M | $30.3M | 103c | 0 |
| Sep 30, 2022 | 1 | $15.1M | $15.1M | 103c | 0 |
| Dec 31, 2021 | 2 | $21.1M | $21.1M | 103c | 0 |
What changed
- New lender joined a facilityDec 31, 2025
- Facility left every BDC scheduleDec 31, 2025
- Spread increasedJun 30, 2025
- Maturity shortened (observed)Jun 30, 2025
- Maturity extended (observed)Mar 31, 2025
Full timeline · 16 eventsShow fewer
- Maturity extended (observed)Mar 31, 2025
- Maturity extended (observed)Dec 31, 2024
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Facility left every BDC scheduleSep 30, 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
- FL HAWKderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 8 BDCsderived
- Industry
- Commercial Services and Suppliesreportedas one filer wrote it