DFX Intelligence
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Borrower
S•• A••••••• C•••
Automobiles & Componentsgroup grade Aon a schedule nowsponsor unattributed
Also written as: Sun TopCo, LP
Principal held
at least $97.0M
sum of BDC pieces, a lower bound
Fair value
$108M
99c on cost, debt pieces
Unfunded
$27.4M
commitments not yet drawn
BDC lenders
7
2 on the latest quarter
Facilities
4
2 equity pieces beside them
Next maturity
Sep 1, 2027
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
6
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 $88.1M | 99c | SOFR+450 bp | Sep 30, 2028 | 7 |
| first lien delayed draw term loan first lien | at least $8.8M | 100c | SOFR+450 bp | Sep 30, 2028 | 1 |
| first lien revolver first lien | at least $0 | n/a | Sep 30, 2027 | 2 | |
| revolver lien unstated exited Dec 31, 2024 | unknown | n/a | unstated | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••• C•••••• C••• | term loan first lien First lien senior secured loan | $21.9M | $21.6M 99c | S+450 bp |
| A••• C•••••• C••• | unstated lien unstated | n/a | n/a | |
| A••• C•••••• C••• | equity equity Class A units | n/a | $10.9M 136c | |
| A••• C•••••• C••• | term loan first lien First lien senior secured loan 1 | $42.3M | $41.9M 99c | S+450 bp |
| A••• C•••••• C••• | term loan first lien First lien senior secured loan 2 | $9.1M | $9.0M 99c | S+450 bp |
| A••• C•••••• C••• | revolver first lien First lien senior secured revolving loan | $0 | $0 | |
| C••••••• C•••••• B••• I••• | delayed draw term loan first lien Investment Type Unitranche First Lien Delayed Draw Term Loan Interest Term S + 450, 75 Flo | $8.8M | $8.7M 100c | SOFR+450 bp |
| C••••••• C•••••• B••• I••• | revolver first lien Investment Type Revolver Commitment Expiration Date 9/5/2027 | n/a | n/a | |
| C••••••• C•••••• B••• I••• | equity equity Investment Type Common Stock | n/a | $864,000 140c | |
| C••••••• C•••••• B••• I••• | term loan first lien Investment Type Unitranche First Lien Term Loan Interest Term S + 450, 75 Floor Interest R | $2.4M | $2.4M 100c | SOFR+450 bp |
| C••••••• C•••••• B••• I••• | equity equity Investment Type Common Stock One | n/a | $60,000 140c | |
| C••••••• C•••••• B••• I••• | revolver first lien Investment Type Unitranche First Lien Revolver Maturity/ Dissolution Date 09/2027 | n/a | $-18,000 164c | |
| C••••••• C•••••• B••• I••• | term loan first lien Investment Type Unitranche First Lien Term Loan Interest Term S + 450, 75 Floor Interest R | $12.5M | $12.3M 100c | SOFR+450 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 | $97.0M | $95.9M | 99c | 0 |
| Mar 31, 2026 | 2 | $92.9M | $91.9M | 99c | 0 |
| Dec 31, 2025 | 2 | $87.1M | $86.8M | 100c | 0 |
| Sep 30, 2025 | 2 | $104M | $104M | 101c | 0 |
| Jun 30, 2025 | 2 | $101M | $101M | 100c | 0 |
| Mar 31, 2025 | 2 | $96.2M | $96.1M | 100c | 0 |
| Dec 31, 2024 | 2 | $79.8M | $79.8M | 100c | 0 |
| Sep 30, 2024 | 6 | $75.6M | $70.0M | 100c | 0 |
| Jun 30, 2024 | 6 | $110M | $104M | 100c | 0 |
| Mar 31, 2024 | 6 | $107M | $101M | 100c | 0 |
| Dec 31, 2023 | 7 | $178M | $168M | 99c | 0 |
| Sep 30, 2023 | 6 | $106M | $97.5M | 98c | 0 |
| Jun 30, 2023 | 6 | $107M | $97.5M | 97c | 0 |
| Mar 31, 2023 | 6 | $108M | $99.3M | 98c | 0 |
| Dec 31, 2022 | 6 | $188M | $176M | 98c | 0 |
| Sep 30, 2022 | 2 | $67.1M | $64.0M | 97c | 0 |
| Dec 31, 2021 | 2 | $99.3M | $96.4M | 99c | 0 |
What changed
- Spread changed (observed)Sep 30, 2025
- Spread changed (observed)Sep 30, 2025
- Spread changed (observed)Mar 31, 2025
- Spread changed (observed)Dec 31, 2024
- Facility left every BDC scheduleDec 31, 2024
- Lender left a facilitySep 30, 2024
- Lender left a facilitySep 30, 2024
- Lender left a facilitySep 30, 2024
- Maturity extended (observed)Mar 31, 2024
- Lender left a facilityDec 31, 2023
- New lender joined a facilityDec 31, 2022
- New lender joined a facilityDec 31, 2022
- Lender left a facilityDec 31, 2022
- New lender joined a facilityDec 31, 2022
- 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
- S•• A•••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 7 BDCsderived
- Industry
- Automobiles & Componentsreportedas one filer wrote it