DFX Intelligence
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Borrower
A••••• L•• F•••• S••••••
Application Softwaregroup grade Aon a schedule nowsponsor unattributed
Also written as: Airport Services
Principal held
at least $20.4M
sum of BDC pieces, a lower bound
Fair value
$18.2M
91c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
6
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Oct 1, 2032
no dated debt inside 24 months
On the tape since
Sep 30, 2021
latest Jun 30, 2026
Events
8
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 $20.4M | 91c | S+525 bp | Oct 1, 2032 | 6 |
| other lien unstated exited Dec 31, 2021 | at least $4.4M | 92c | S+600 bp | Dec 24, 2026 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| O•••••• S•••••••• C••••• F••• | term loan first lien F•••• L••• T••• L••• | $20.4M | $18.2M 91c | S+525 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 | 1 | $20.4M | $18.2M | 91c | 0 |
| Mar 31, 2026 | 1 | $39.9M | $36.8M | 94c | 0 |
| Dec 31, 2025 | 1 | $40.0M | $39.9M | 102c | 0 |
| Sep 30, 2025 | 4 | $148M | $148M | 101c | 0 |
| Jun 30, 2025 | 3 | $108M | $106M | 98c | 0 |
| Mar 31, 2025 | 3 | $108M | $106M | 98c | 1 |
| Dec 31, 2024 | 3 | $285M | $276M | 98c | 9 |
| Sep 30, 2024 | 3 | $106M | $102M | 98c | 4 |
| Jun 30, 2024 | 3 | $105M | $101M | 97c | 3 |
| Mar 31, 2024 | 3 | $104M | $99.7M | 97c | 3 |
| Dec 31, 2023 | 3 | $172M | $165M | 97c | 6 |
| Sep 30, 2023 | 3 | $102M | $97.8M | 97c | 0 |
| Jun 30, 2023 | 5 | $111M | $105M | 96c | 0 |
| Mar 31, 2023 | 5 | $111M | $105M | 96c | 0 |
| Dec 31, 2022 | 3 | $110M | $104M | 96c | 0 |
| Sep 30, 2022 | 4 | $67.6M | $63.9M | 96c | 0 |
| Dec 31, 2021 | 1 | $41.2M | $37.1M | 92c | 0 |
| Sep 30, 2021 | 1 | $985,000 | $936,000 | 97c | 0 |
What changed
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Spread changed (observed)Dec 31, 2025
- Maturity extended (observed)Sep 30, 2025
- Lender left a facilitySep 30, 2025
- Lender left a facilitySep 30, 2025
- Lender left a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- Spread changed (observed)Mar 31, 2025
- Spread increasedMar 31, 2025
- Spread increasedMar 31, 2025
- Spread changed (observed)Dec 31, 2023
- PIK interest appearsDec 31, 2023
- Spread increasedDec 31, 2023
- PIK interest appearsDec 31, 2023
- PIK interest appearsDec 31, 2023
- PIK interest appearsDec 31, 2023
- Lender left a facilityJun 30, 2023
- Lender left a facilityJun 30, 2023
- New lender joined a facilitySep 30, 2022
- New lender joined a facilityDec 31, 2021
- Facility left every BDC scheduleDec 31, 2021
- New borrower on a BDC scheduleSep 30, 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
- AURORA LUXderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 6 BDCsderived
- Industry
- Application Softwarereportedas one filer wrote it