DFX Intelligence
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Borrower
C••• A••••••••• L••
IT Servicesgroup grade Aon a schedule nowsponsor unattributed
Also written as: 09; 2025; 24; 7; LLC - Funded; LLC - Unfunded; LLC A••••••••• 10; LLC A••••••••• 3
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
101¢ · 101¢ · 101¢ · 101¢ · 101¢Q2 2025 to Q2 2026
Where each lender marks it, 0 points apart
101¢101¢
Principal held
at least $79.9M
sum of BDC pieces, a lower bound
Fair value
$72.0M
101c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Jul 31, 2029
no dated debt inside 24 months
On the tape since
Sep 30, 2024
latest Jun 30, 2026
Events
1
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 |
|---|---|---|---|
| P••••••••• F••••••• R••• C•••••• L••• | $63.1M | 101¢ | 0 pts |
| P••••••••• I••••••••• C••• | $16.9M | 101¢ | 0 pts |
Every BDC piece · 7 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien F•••• L••• S•••••• D••• A••••••••• 7/31/2024 M••••••• 7/31/2029 I••••••• IT Services C•••• | $39.2M | $39.2M 101c | SOFR+600 bp |
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien F•••• L••• S•••••• D••• A••••••••• 3/7/2025 M••••••• 7/31/2029 I••••••• IT Services C••••• | $14.7M | $14.7M 101c | SOFR+600 bp |
| P••••••••• I••••••••• C••• | term loan first lien F•••• L••• S•••••• D••• A••••••••• 10/09/24 M••••••• 07/31/29 I••••••• B••••••• Services C | $12.7M | $12.7M 101c | SOFR+600 bp |
| P••••••••• F••••••• R••• C•••••• L••• | revolver first lien F•••• L••• S•••••• D••• R••••••• A••••••••• 7/31/2024 M••••••• 7/31/2029 I••••••• IT Servi | $5.5M | $0 | S+600 bp |
| P••••••••• F••••••• R••• C•••••• L••• | revolver first lien F•••• L••• S•••••• D••• R••••••• A••••••••• 7/31/2024 M••••••• 7/31/2029 I••••••• IT Servi | $3.6M | $3.6M 100c | SOFR+600 bp |
View all 7 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| P••••••••• I••••••••• C••• | revolver first lien F•••• L••• S•••••• D••• R••••••• A••••••••• 7/31/2024 M••••••• 7/31/2029 I••••••• B••••••• | $2.5M | $0 | S+600 bp |
| P••••••••• I••••••••• C••• | revolver first lien F•••• L••• S•••••• D••• R••••••• A••••••••• 7/31/2024 M••••••• 7/31/2029 I••••••• B••••••• | $1.7M | $1.7M 100c | 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 $66.7M | 101c | SOFR+600 bp | Jul 31, 2029 | 2 |
| first lien revolver first lien | at least $13.2M | 100c | SOFR+600 bp | Jul 31, 2029 | 2 |
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 | $79.9M | $72.0M | 101c | 0 |
| Mar 31, 2026 | 2 | $77.2M | $69.2M | 101c | 0 |
| Dec 31, 2025 | 2 | $66.5M | $58.6M | 101c | 0 |
| Sep 30, 2025 | 2 | $114M | $82.2M | 101c | 0 |
All 8 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $14.0M | $10.9M | 101c | 0 |
| Mar 31, 2025 | 1 | $14.1M | $11.5M | 101c | 0 |
| Dec 31, 2024 | 1 | $19.1M | $15.4M | 100c | 0 |
| Sep 30, 2024 | 1 | $38.3M | $29.8M | 99c | 0 |
What changed
- New lender joined a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- Maturity shortened (observed)Mar 31, 2025
- Maturity shortened (observed)Dec 31, 2024
- New borrower on a BDC scheduleSep 30, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- C••• A•••••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- IT Servicesreportedas one filer wrote it