DFX Intelligence
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Borrower
S•••••• A•••••• • C••••••••• L••
Principal held
at least $34.1M
sum of BDC pieces, a lower bound
Fair value
$34.3M
101c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
7
3 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Jun 16, 2028
$34.1M inside 24 months
On the tape since
Sep 30, 2022
latest Jun 30, 2026
Events
12
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| term loan lien unstated | at least $24.1M | 101c | SOFR+700 bp | Jun 16, 2028 | 3 |
| delayed draw term loan lien unstated | at least $10.0M | 100c | SOFR+700 bp | Jun 16, 2028 | 3 |
| first lien term loan first lien exited Mar 31, 2023 | at least $63.8M | 99c | S+600 bp | Jan 13, 2026 | 4 |
| first lien delayed draw term loan first lien exited Mar 31, 2023 | at least $3.3M | 99c | S+600 bp | Jan 13, 2026 | 3 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| T•• D••••• L•••••• V••• L•• | term loan lien unstated A••••••••• D••• 06/16/23 T••• L••• B - 10.74% (S••• + 7.00%, 1.75% F••••) Net Assets 1.9% | $9.4M | $9.5M 102c | SOFR+700 bp |
| T•• D••••• L•••••• V••• L•• | delayed draw term loan lien unstated A••••••••• D••• 06/16/23 D•••••• D••• T••• L••• - 10.74% (S••• + 7.00%, 1.75% F••••) Net A | $3.9M | $3.9M 101c | SOFR+700 bp |
| T•• S•••••••• L•••••• L•• | delayed draw term loan lien unstated A••••••••• D••• 06/16/23 D•••••• D••• T••• L••• - 10.74% (S••• + 7.00%, 1.75% F••••) Net A | $4.0M | $4.0M 100c | SOFR+700 bp |
| T•• S•••••••• L•••••• L•• | term loan lien unstated A••••••••• D••• 06/16/23 T••• L••• B - 10.74% (S••• + 7.00%, 1.75% F••••) Net Assets 2.3% | $9.6M | $9.7M 100c | SOFR+700 bp |
| T•• S••• D••••• L•••••• L•• | delayed draw term loan lien unstated A••••••••• D••• 06/16/23 Investment D•••••• D••• T••• L••• - 10.74% (S••• + 7.00%, 1.75% F | $2.1M | $2.1M 101c | SOFR+700 bp |
| T•• S••• D••••• L•••••• L•• | term loan lien unstated A••••••••• D••• 06/16/23 Investment T••• L••• B - 10.74% (S••• + 7.00%, 1.75% F••••) % of | $5.0M | $5.1M 102c | SOFR+700 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 | 3 | $34.1M | $34.3M | 101c | 0 |
| Mar 31, 2026 | 2 | $34.1M | $34.4M | 102c | 0 |
| Dec 31, 2025 | 2 | $34.1M | $34.4M | 102c | 0 |
| Sep 30, 2025 | 2 | $34.1M | $34.5M | 102c | 0 |
| Jun 30, 2025 | 2 | $34.2M | $34.8M | 104c | 0 |
| Mar 31, 2025 | 2 | $34.2M | $34.9M | 104c | 0 |
| Dec 31, 2024 | 2 | $34.2M | $34.9M | 104c | 0 |
| Sep 30, 2024 | 2 | $28.0M | $28.4M | 104c | 0 |
| Jun 30, 2024 | 2 | $24.1M | $24.4M | 104c | 0 |
| Mar 31, 2024 | 2 | $24.1M | $24.4M | 105c | 0 |
| Dec 31, 2023 | 2 | $43.1M | $43.0M | 103c | 3 |
| Sep 30, 2023 | 2 | $24.1M | $23.7M | 102c | 2 |
| Jun 30, 2023 | 2 | $5.0B | $4.9B | 101c | 2 |
| Mar 31, 2023 | 4 | $67.1M | $65.9M | 101c | 0 |
| Dec 31, 2022 | 4 | $59.0M | $57.9M | 100c | 0 |
| Sep 30, 2022 | 1 | $85.2M | $83.4M | 100c | 0 |
What changed
- Maturity approachingJun 16, 2028
- Maturity approachingJun 16, 2028
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- Spread changed (observed)Mar 31, 2026
- Spread changed (observed)Mar 31, 2026
- Spread increasedMar 31, 2026
- Spread increasedMar 31, 2026
- Spread increasedMar 31, 2026
- Spread changed (observed)Dec 31, 2025
- Spread changed (observed)Dec 31, 2025
- Spread changed (observed)Jun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
- Spread changed (observed)Mar 31, 2024
- Facility left every BDC scheduleMar 31, 2023
- Facility left every BDC scheduleMar 31, 2023
- New lender joined a facilityDec 31, 2022
- New lender joined a facilityDec 31, 2022
- New borrower on a BDC scheduleSep 30, 2022
Sponsor
- H•••• C•••••• P••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedhuroncapital.com"••• Locked"
Identity
- Group key
- SUNLAND ASPHALT AND CONSTRUCTIONderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 7 BDCsderived
- Industry
- C••••••••• & Engineeringreportedas one filer wrote it