DFX Intelligence
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Borrower
B•••••••• H••••
Softwaregroup grade Aon a schedule nowsponsor unattributed
Also written as: Inc - Property Operations Management; Inc - Total Property Operations Management
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 100¢Q1 2026 to Q2 2026
Principal held
at least $22.0M
sum of BDC pieces, a lower bound
Fair value
$45.6M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
Feb 23, 2031
no dated debt inside 24 months
On the tape since
Feb 28, 2026
latest May 31, 2026
Events
1
dated, non-routine
Lender marks
each lender's own fair value over cost at May 31, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| S••••••• I••••••••• C•••• | $22M | 100¢ | 0 pts |
Every BDC piece · 4 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S••••••• I••••••••• C•••• | term loan first lien F•••• L••• T••• L••• (3M USD T••• S•••+6.63%), 10.29% C•••, 2/23/2031 | $22.0M | $21.8M 100c | S+663 bp |
| S••••••• I••••••••• C•••• | equity equity C•••• A C••••• U•••• | $1.0M | $1.0M 100c | |
| S••••••• I••••••••• C•••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• (3M USD T••• S•••+6.63%), 10.29% C•••, 2/23/2031 | Not disclosed | Not disclosed | S+663 bp |
| S••••••• I••••••••• C•••• | unstated lien unstated | Not disclosed | $22.8M 100c |
Capital structure as the BDCs see it
latest quarter end May 31, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $22.0M | 100c | S+663 bp | Feb 23, 2031 | 1 |
| delayed draw term loan lien unstated | unknown | n/a | S+663 bp | Feb 23, 2031 | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| May 31, 2026 | 1 | $22.0M | $21.8M | 100c | 0 |
| Feb 28, 2026 | 1 | $22.0M | $21.8M | 100c | 0 |
What changed
- New borrower on a BDC scheduleFeb 28, 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
- B•••••••• H••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Softwarereportedas one filer wrote it