DFX Intelligence
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Borrower
F•••• I••••••••• H•••••••• L••
Alternative Carriersgroup grade Aon a schedule nowsponsor unattributed
Also written as: Alternative Carriers
Principal held
at least $224M
sum of BDC pieces, a lower bound
Fair value
$217M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
May 1, 2031
no dated debt inside 24 months
On the tape since
Jun 30, 2026
latest Jun 30, 2026
Events
1
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| second lien term loan second lien | at least $112M | 100c | S+675 bp | May 1, 2031 | 2 |
| unsecured or subordinated term loan unsecured or subordinated | at least $112M | 100c | S+675 bp | May 1, 2031 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••• S•••••••• I••••• F••• | term loan unsecured or subordinated S••••• subordinated loan | $112M | $108M 100c | S+675 bp |
| O•••••• S•••••••• L•••••• C••• | term loan second lien S••••• L••• T••• L••• | $31.9M | $30.9M 100c | S+675 bp |
| O•••••• S•••••••• C••••• F••• | term loan second lien S••••• L••• T••• L••• | $80.5M | $78.1M 100c | S+675 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 | 3 | $224M | $217M | 100c | 0 |
What changed
- New borrower on a BDC scheduleJun 30, 2026
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- FIBERderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Alternative Carriersreportedas one filer wrote it