DFX Intelligence
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Borrower
L••• F•••• U• L••
Softwaregroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $23.8M
sum of BDC pieces, a lower bound
Fair value
$21.8M
92c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Oct 1, 2031
no dated debt inside 24 months
On the tape since
Sep 30, 2024
latest Jun 30, 2026
Events
4
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 $23.8M | 92c | SOFR+325 bp | Oct 9, 2031 | 3 |
| second lien term loan second lien exited Dec 31, 2025 | at least $4.6M | 101c | S+525 bp | Oct 1, 2032 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••• C•••••• P•••••• C••••• F••• | term loan first lien S••••• secured | $21.8M | $20.0M 92c | S+325 bp |
| P••••• S••••• C•••••• B•• I••• | term loan first lien Investment F•••• L••• S••••• S•••••• L••• I••••••• R••• 6.93% (S + 3.25%) M••••••• D••• 10 | $2.0M | $1.8M 92c | SOFR+325 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 | 2 | $23.8M | $21.8M | 92c | 0 |
| Mar 31, 2026 | 2 | $23.8M | $22.9M | 96c | 0 |
| Dec 31, 2025 | 3 | $34.9M | $35.0M | 101c | 0 |
| Sep 30, 2025 | 2 | $35.8M | $35.8M | 101c | 0 |
| Jun 30, 2025 | 2 | $22.9M | $22.9M | 101c | 0 |
| Mar 31, 2025 | 2 | $29.3M | $28.9M | 100c | 0 |
| Dec 31, 2024 | 2 | $46.4M | $46.2M | 100c | 0 |
| Sep 30, 2024 | 3 | $42.1M | $41.3M | 99c | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2025
- Lender left a facilityDec 31, 2025
- Maturity extended (observed)Mar 31, 2025
- 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 borrower on a BDC scheduleSep 30, 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
- L••• F•••• U•derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Softwarereportedas one filer wrote it