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••• L•••••••• H••••••• L••••••
group grade Aon a schedule nowsponsor unattributed
Also written as: Transportation Services
What matters now
- 102¢ → 97¢consensus mark
Consensus mark 97¢ on cost, down from 102¢ a year ago, 100¢ last quarter.
Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.
Derived3 of 3 lenders' own marks, weighted by principal
Mark path, consensus per quarter end
102¢ · 102¢ · 101¢ · 100¢ · 97¢Q2 2025 to Q2 2026
Where each lender marks it, 0 points apart
97¢97¢
Principal held
at least $28.3M
sum of BDC pieces, a lower bound
Fair value
$27.2M
97c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Sep 30, 2022
latest Jun 30, 2026
Events
1
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••• | $14.6M | 97¢ | -3 pts |
| B•••••• C•••••• I••••••••• C••• | $7.08M | 97¢ | -3 pts |
| B•••••• B••• I••• | $6.67M | 97¢ | -3 pts |
Every BDC piece · 3 positions across 3 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••• | $14.6M | $14.0M 97c | S+535 bp |
| B•••••• C•••••• I••••••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $7.1M | $6.8M 97c | S+535 bp |
| B•••••• B••• I••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $6.7M | $6.4M 97c | S+535 bp |
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 $28.3M | 97c | S+535 bp | unstated | 3 |
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 | 3 | $28.3M | $27.2M | 97c | 0 |
| Mar 31, 2026 | 3 | $28.3M | $28.0M | 100c | 0 |
| Dec 31, 2025 | 3 | $35.4M | $35.4M | 101c | 0 |
| Sep 30, 2025 | 3 | $28.3M | $28.3M | 102c | 0 |
All 16 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 3 | $28.3M | $28.3M | 102c | 0 |
| Mar 31, 2025 | 3 | $28.3M | $28.3M | 102c | 0 |
| Dec 31, 2024 | 3 | $49.6M | $49.4M | 102c | 0 |
| Sep 30, 2024 | 3 | $28.3M | $28.2M | 101c | 0 |
| Jun 30, 2024 | 3 | $28.3M | $27.6M | 100c | 0 |
| Mar 31, 2024 | 3 | $28.3M | $27.2M | 98c | 0 |
| Dec 31, 2023 | 3 | $28.3M | $26.2M | 95c | 0 |
| Sep 30, 2023 | 3 | $28.3M | $27.2M | 98c | 0 |
| Jun 30, 2023 | 3 | $28.3M | $27.5M | 99c | 0 |
| Mar 31, 2023 | 3 | $34.0M | $33.3M | 101c | 0 |
| Dec 31, 2022 | 3 | $34.0M | $33.2M | 100c | 0 |
| Sep 30, 2022 | 1 | $8.0M | $7.6M | 98c | 0 |
What changed
- New lender joined a facilityDec 31, 2022
- New lender joined a facilityDec 31, 2022
- New borrower on a BDC scheduleSep 30, 2022
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- HONOUR LANE LOGISTICSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived