DFX Intelligence
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Borrower
G••••••• A••••• S••••••••
Commercial & Professional Servicesgroup grade Aon a schedule nowsponsor not established · possible relationship
What matters now
- 101¢ → 90¢consensus mark
Consensus mark 90¢ on cost, down from 101¢ a year ago, 99¢ last quarter.
Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.
Derived1 of 1 lender' own marks, weighted by principal
Mark path, consensus per quarter end
101¢ · 102¢ · 100¢ · 99¢ · 90¢Q2 2025 to Q2 2026
Principal held
at least $4.5M
sum of BDC pieces, a lower bound
Fair value
$4.0M
90c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Aug 31, 2029
no dated debt inside 24 months
On the tape since
Sep 30, 2023
latest Jun 30, 2026
Events
4
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 |
|---|---|---|---|
| C••••••• C•••••• B••• I••• | $4.47M | 90¢ | -9 pts |
Every BDC piece · 4 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| C••••••• C•••••• B••• I••• | term loan first lien Investment T••• S••••• S•••••• F•••• L••• T••• L••• I••••••• T••• S + 600, 100 F•••• I•••• | $2.8M | $2.5M 91c | SOFR+600 bp |
| C••••••• C•••••• B••• I••• | delayed draw term loan first lien Investment T••• S••••• S•••••• F•••• L••• D•••••• D••• T••• L••• I••••••• T••• S + 600, 10 | $1.1M | $941,000 90c | SOFR+600 bp |
| C••••••• C•••••• B••• I••• | revolver first lien Investment T••• S••••• S•••••• F•••• L••• R••••••• I••••••• T••• S + 600, 100 F•••• I••••• | $600,000 | $521,000 88c | SOFR+600 bp |
| C••••••• C•••••• B••• I••• | revolver first lien Investment T••• R••••••• C••••••••• E••••••••• D••• 8/24/2029 | Not disclosed | Not disclosed |
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 $2.8M | 91c | SOFR+600 bp | Aug 31, 2029 | 1 |
| first lien delayed draw term loan first lien | at least $1.1M | 90c | SOFR+600 bp | Aug 31, 2029 | 1 |
| first lien revolver first lien | at least $600,000 | 88c | SOFR+600 bp | Aug 31, 2029 | 1 |
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 | $4.5M | $4.0M | 90c | 0 |
| Mar 31, 2026 | 1 | $4.5M | $4.4M | 99c | 0 |
| Dec 31, 2025 | 1 | $4.5M | $4.4M | 100c | 0 |
| Sep 30, 2025 | 1 | $4.4M | $4.4M | 102c | 0 |
All 12 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $4.4M | $4.3M | 101c | 0 |
| Mar 31, 2025 | 1 | $4.3M | $4.2M | 100c | 0 |
| Dec 31, 2024 | 1 | $5.3M | $5.3M | 102c | 0 |
| Sep 30, 2024 | 1 | $4.3M | $4.2M | 101c | 0 |
| Jun 30, 2024 | 1 | $4.1M | $4.1M | 103c | 0 |
| Mar 31, 2024 | 1 | $1.1M | $1.1M | 104c | 0 |
| Dec 31, 2023 | 1 | $2.9M | $2.9M | 103c | 0 |
| Sep 30, 2023 | 1 | $2.9M | $2.8M | 102c | 0 |
What changed
- Marked down across lendersJun 30, 2026
- Marked down across lendersJun 30, 2026
- Marked down across lendersJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
Full timeline · 9 eventsShow fewer
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Sep 30, 2024
- Marked down (one lender)Mar 31, 2024
- New borrower on a BDC scheduleSep 30, 2023
Sponsor
Possible relationship, not established: B••••• • M•••• C•••••• L••, because a company of this name is on the sponsor's portfolio page (confidence 0.65). No deal announcement or filing names it as a party, so it is not shown as this borrower’s sponsor.
- B••••• • M•••• C•••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedbmcgrowth.com"••• Locked"
Identity
- Group key
- G••••••• A••••• S••••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Commercial & Professional Servicesreportedas one filer wrote it