DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
Borrower
A•••••• I••
Software & Services Rate S+4.75%, 0.75% Floorgroup grade Aon a schedule nowsponsor unattributed
Also written as: US
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
101¢ · 101¢ · 101¢ · 100¢ · 100¢Q2 2025 to Q2 2026
Where each lender marks it, 1 points apart
100¢101¢
Principal held
at least $33.0M
sum of BDC pieces, a lower bound
Fair value
$30.3M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
4
2 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Sep 2, 2030
no dated debt inside 24 months
On the tape since
Sep 30, 2021
latest Jun 30, 2026
Events
12
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 |
|---|---|---|---|
| A••••• D••• S•••••••• B•• | $18.1M | 100¢ | 0 pts |
| S••••• P•••• S•••••••• L•••••• F••• | $14.9M | 101¢ | 0 pts |
Every BDC piece · 5 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••••• D••• S•••••••• B•• | term loan first lien Investment T••• F•••• L••• S•••••• D••• - T••• L••• I••••••• R••• S+475, 0.75% F•••• M•••• | $18.1M | $17.8M 100c | SOFR+475 bp |
| S••••• P•••• S•••••••• L•••••• F••• | term loan first lien 1st L•••/S•••••• L•••• I••••••••• 1st L••• T••• L••• I••••••• S••••••• & Services R••• S+4 | $11.4M | $11.3M 101c | SOFR+475 bp |
| S••••• P•••• S•••••••• L•••••• F••• | revolver first lien 1st L•••/S•••••• L•••• I••••••••• 1st L••• R••••••• I••••••• S••••••• & Services R••• S+4. | $2.2M | -$16,783 99c | SOFR+475 bp |
| S••••• P•••• S•••••••• L•••••• F••• | delayed draw term loan first lien 1st L•••/S•••••• L•••• I••••••••• 1st L••• D•••••• D••• T••• L••• I••••••• S••••••• & Serv | $1.3M | $1.3M 100c | SOFR+475 bp |
| A••••• D••• S•••••••• B•• | revolver first lien Investment T••• F•••• L••• S•••••• D••• - R••••••• I••••••• R••• S+600, 0.75% F•••• M••••• | Not disclosed | -$29,000 138c | SOFR+600 bp |
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 $29.4M | 100c | SOFR+475 bp | Sep 3, 2030 | 2 |
| first lien revolver first lien | at least $2.2M | n/a | SOFR+600 bp | Sep 3, 2030 | 2 |
| first lien delayed draw term loan first lien | at least $1.3M | 100c | SOFR+475 bp | Sep 2, 2030 | 1 |
| other lien unstated exited Mar 31, 2025 | unknown | 102c | unstated | 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 | 2 | $33.0M | $30.3M | 100c | 0 |
| Mar 31, 2026 | 2 | $33.1M | $30.4M | 100c | 0 |
| Dec 31, 2025 | 2 | $30.9M | $29.9M | 101c | 0 |
| Sep 30, 2025 | 2 | $31.0M | $30.0M | 101c | 0 |
All 18 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 2 | $31.1M | $30.0M | 101c | 0 |
| Mar 31, 2025 | 2 | $29.8M | $28.8M | 101c | 0 |
| Dec 31, 2024 | 2 | $41.3M | $39.3M | 101c | 0 |
| Sep 30, 2024 | 2 | $29.8M | $28.8M | 102c | 0 |
| Jun 30, 2024 | 2 | $10.6M | $9.7M | 100c | 0 |
| Mar 31, 2024 | 2 | $30.6M | $27.6M | 101c | 0 |
| Dec 31, 2023 | 3 | $30.6M | $27.5M | 100c | 0 |
| Sep 30, 2023 | 1 | $18.3M | $17.9M | 100c | 0 |
| Jun 30, 2023 | 2 | $33.8M | $33.7M | 100c | 3 |
| Mar 31, 2023 | 2 | $33.6M | $33.4M | 100c | 3 |
| Dec 31, 2022 | 2 | $34.0M | $33.3M | 99c | 3 |
| Sep 30, 2022 | 2 | $31.1M | $30.7M | 99c | 3 |
| Dec 31, 2021 | 1 | $24.0M | $24.0M | 101c | 1 |
| Sep 30, 2021 | 1 | $5.2M | $4.8M | 96c | 1 |
What changed
- Spread changed (observed)Mar 31, 2026
- Spread changed (observed)Dec 31, 2025
- Spread changed (observed)Jun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Facility left every BDC scheduleMar 31, 2025
Full timeline · 24 eventsShow fewer
- New lender joined a facilityDec 31, 2023
- Maturity extended (observed)Dec 31, 2023
- New lender joined a facilityDec 31, 2023
- Maturity extended (observed)Dec 31, 2023
- Lender left a facilityDec 31, 2023
- Maturity extended (observed)Sep 30, 2023
- Spread changed (observed)Sep 30, 2023
- New lender joined a facilitySep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- New lender joined a facilitySep 30, 2023
- New lender joined a facilitySep 30, 2023
- Lender left a facilityJun 30, 2023
- Lender left a facilityJun 30, 2023
- PIK interest increasedSep 30, 2022
- Maturity extended (observed)Sep 30, 2022
- New lender joined a facilityDec 31, 2021
- Spread changed (observed)Dec 31, 2021
- Maturity extended (observed)Dec 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
- ACCELAderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived
- Industry
- Software & Services Rate S+4.75%, 0.75% Floorreportedas one filer wrote it