DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
Borrower
Certinia Inc
Principal held
at least $525M
sum of BDC pieces, a lower bound
Fair value
$511M
98c on cost, debt pieces
Unfunded
$41.2M
commitments not yet drawn
BDC lenders
6
3 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Aug 1, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2022
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 term loan first lien | at least $525M | 98c | S+450 bp | Aug 1, 2031 | 5 |
| first lien revolver first lien | unknown | n/a | unstated | 6 | |
| other lien unstated exited Mar 31, 2025 | unknown | 101c | unstated | 3 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| Blue Owl Credit Income Corp. | term loan first lien First lien senior secured loan | Non-Affiliated Issuer | $210M | $204M 98c | S+450 bp |
| Blue Owl Credit Income Corp. | revolver first lien First lien senior secured revolving loan | Non-controlled/non-affiliated | n/a | n/a | |
| Blue Owl Technology Finance Corp. | term loan first lien First lien senior secured loan | Non-Affiliated Issuer | $232M | $226M 98c | S+450 bp |
| Blue Owl Technology Finance Corp. | revolver first lien First lien senior secured revolving loan | Non-Affiliated Issuer | n/a | $-460,000 | |
| Blue Owl Technology Income Corp. | term loan first lien First lien senior secured loan | $83.7M | $81.6M 98c | S+450 bp |
| Blue Owl Technology Income Corp. | revolver first lien First lien senior secured revolving loan | n/a | $-184,000 |
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 | $525M | $511M | 98c | 0 |
| Mar 31, 2026 | 3 | $525M | $510M | 97c | 0 |
| Dec 31, 2025 | 3 | $625M | $623M | 100c | 0 |
| Sep 30, 2025 | 5 | $309M | $303M | 101c | 0 |
| Jun 30, 2025 | 5 | $309M | $304M | 101c | 0 |
| Mar 31, 2025 | 5 | $309M | $303M | 101c | 0 |
| Dec 31, 2024 | 6 | $470M | $457M | 101c | 0 |
| Sep 30, 2024 | 6 | $219M | $213M | 102c | 0 |
| Jun 30, 2024 | 6 | $219M | $212M | 101c | 0 |
| Mar 31, 2024 | 6 | $223M | $210M | 101c | 0 |
| Dec 31, 2023 | 6 | $246M | $231M | 100c | 0 |
| Sep 30, 2023 | 6 | $219M | $208M | 100c | 0 |
| Dec 31, 2022 | 4 | $0 | $0 | n/a | 0 |
What changed
- Spread changed (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Lender left a facilitySep 30, 2025
- Lender left a facilitySep 30, 2025
- Lender left a facilitySep 30, 2025
- Maturity shortened (observed)Jun 30, 2025
- Facility left every BDC scheduleMar 31, 2025
- Spread changed (observed)Mar 31, 2025
- Spread changed (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Spread changed (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- New lender joined a facilityDec 31, 2023
- New lender joined a facilitySep 30, 2023
- New lender joined a facilitySep 30, 2023
- New borrower on a BDC scheduleDec 31, 2022
Sponsor
- TA Associates
- the sponsor's own portfolio page lists a company of this nameestimatedta.com"listed on https://www.ta.com/portfolio/investments/: Certinia (/portfolio/investments/certinia/)"
Identity
- Group key
- CERTINIAderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 6 BDCsderived