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
S••••• C••• H•••••••• L••
Software & Servicesgroup grade Aon a schedule nowsponsor unattributed
Also written as: 1; 2; Software & Services; S••••• C••• LLC
What matters now
- $69.4Mprincipal outstanding
$69.4M principal held by 2 lenders; matures Jul 2027.
Q2 2026 · Refinancing is due in 9 months at a 99¢ mark.
FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
101¢ · 101¢ · 101¢ · 99¢ · 99¢Q2 2025 to Q2 2026
Where each lender marks it, 0 points apart
99¢99¢
Principal held
at least $69.4M
sum of BDC pieces, a lower bound
Fair value
$68.8M
99c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
1 equity pieces beside them
Next maturity
Jul 1, 2027
$69.4M 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 |
|---|---|---|---|
| F• K•• C•••••• C••• | $51.8M | 99¢ | 0 pts |
| W••••••••• F••••••• I••• | $17.6M | 99¢ | 0 pts |
Every BDC piece · 3 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| F• K•• C•••••• C••• | term loan first lien | $51.8M | $51.3M 99c | S+650 bp |
| W••••••••• F••••••• I••• | term loan first lien F•••• L••• S•••••• T••• L••• | $13.8M | $13.7M 99c | SOFR+650 bp |
| W••••••••• F••••••• I••• | delayed draw term loan first lien F•••• L••• S•••••• D•••••• D••• L••• | $3.8M | $3.7M 99c | SOFR+650 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 $65.6M | 99c | SOFR+650 bp | Jul 30, 2027 | 2 |
| first lien delayed draw term loan first lien | at least $3.8M | 99c | SOFR+650 bp | Jul 30, 2027 | 1 |
Equity pieces beside the debt: other (Not disclosed fair value, 1 BDC)
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 | $69.4M | $68.8M | 99c | 0 |
| Mar 31, 2026 | 2 | $70.1M | $69.1M | 99c | 0 |
| Dec 31, 2025 | 2 | $88.2M | $88.2M | 101c | 0 |
| Sep 30, 2025 | 2 | $70.5M | $70.5M | 101c | 0 |
All 17 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 2 | $70.7M | $70.7M | 101c | 0 |
| Mar 31, 2025 | 2 | $70.9M | $70.9M | 101c | 0 |
| Dec 31, 2024 | 2 | $142M | $142M | 101c | 0 |
| Sep 30, 2024 | 2 | $71.3M | $71.2M | 101c | 0 |
| Jun 30, 2024 | 2 | $71.4M | $71.4M | 101c | 0 |
| Mar 31, 2024 | 2 | $74.9M | $74.4M | 101c | 0 |
| Dec 31, 2023 | 2 | $150M | $150M | 101c | 0 |
| Sep 30, 2023 | 2 | $85.8M | $85.3M | 101c | 0 |
| Jun 30, 2023 | 2 | $86.8M | $85.7M | 100c | 0 |
| Mar 31, 2023 | 2 | $83.0M | $81.5M | 100c | 0 |
| Dec 31, 2022 | 2 | $151M | $147M | 99c | 0 |
| Sep 30, 2022 | 2 | $83.3M | $81.8M | 100c | 0 |
| Dec 31, 2021 | 2 | $83.9M | $82.2M | 100c | 0 |
What changed
- Maturity approachingJul 30, 2027
- Maturity approachingJul 30, 2027
- Maturity approachingJul 30, 2027
- Maturity approachingJul 30, 2027
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- SOURCE CODEderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 2 BDCsderived
- Industry
- Software & Servicesreportedas one filer wrote it