DFX Intelligence
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Borrower
C••••• B••••• D••••••••• A••••••• C••••••
group grade Aon a schedule nowsponsor unattributed
Also written as: Private asset-backed investment
Principal held
at least $4.0M
sum of BDC pieces, a lower bound
Fair value
$3.9M
96c on cost, debt pieces
Unfunded
$1.5M
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Jul 1, 2027
$4.0M inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
9
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 revolver first lien | at least $4.0M | 96c | S+1200 bp PIK 15.64% | Jul 1, 2027 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••• S•••••••• I••••• F••• | revolver first lien | n/a | n/a | |
| A••• S•••••••• I••••• F••• | revolver first lien | $116,100 | $113,600 95c | S+1200 bp PIK 15.64% |
| A••• S•••••••• I••••• F••• | revolver first lien | $988,600 | $1.0M 101c | S+600 bp |
| A••• S•••••••• I••••• F••• | revolver first lien | $356,900 | $324,400 89c | S+600 bp PIK 9.64% |
| A••• S•••••••• I••••• F••• | revolver first lien | $2.5M | $2.5M 95c | S+1200 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 | 1 | $4.0M | $3.9M | 96c | 2 |
| Mar 31, 2026 | 1 | $3.8M | $3.7M | 97c | 0 |
| Dec 31, 2025 | 1 | $3.5M | $3.4M | 97c | 0 |
| Sep 30, 2025 | 1 | $2.6M | $2.6M | 107c | 5 |
| Jun 30, 2025 | 1 | $2.4M | $2.4M | 108c | 4 |
| Mar 31, 2025 | 1 | $1.5M | $1.5M | 102c | 0 |
| Dec 31, 2024 | 1 | $1.4M | $1.4M | 98c | 0 |
What changed
- Maturity approachingJul 1, 2027
- Maturity approachingJul 1, 2027
- PIK interest appearsJun 30, 2026
- Spread changed (observed)Jun 30, 2026
- PIK interest appearsJun 30, 2026
- Spread changed (observed)Dec 31, 2025
- Marked down (one lender)Dec 31, 2025
- Spread increasedDec 31, 2025
- Maturity shortened (observed)Dec 31, 2025
- Spread changed (observed)Sep 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- Spread changed (observed)Mar 31, 2025
- New borrower on a 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
- C••••• B••••• D••••••••• A•••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived