DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
Borrower
AGS Automotive Solutions Holdings
Automotivegroup grade Aon a schedule nowsponsor unattributed
Also written as: AGS Automotive Solutions; AGS Automotive Solutions Holdings - C; S A-1; S A-2
Principal held
at least $15.1M
sum of BDC pieces, a lower bound
Fair value
$15.7M
101c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
Jul 12, 2026
$15.1M inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
7
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 $10.7M | 101c | 13.75% PIK 2.50% | Jul 12, 2027 | 1 |
| first lien delayed draw term loan first lien | at least $4.4M | 100c | 13.75% PIK 2.50% | Jul 12, 2026 | 1 |
Equity pieces beside the debt: equity ($359,171 fair value, 1 BDC), preferred equity ($226,186 fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| Muzinich BDC, Inc. | term loan second lien Senior Secured Loan Second Lien Term Loan | $10.7M | $10.7M 101c | 13.75% PIK 2.50% |
| Muzinich BDC, Inc. | delayed draw term loan first lien Senior Secured Loan Delayed Draw Term Loan | $4.4M | $4.4M 100c | 13.75% PIK 2.50% |
| Muzinich BDC, Inc. | equity equity Common Stock Common Stock Class A-1 | $750 | $187,695 19c | |
| Muzinich BDC, Inc. | preferred equity equity Preferred Stock Preferred Stock | $663 | $226,186 300c | 8.00% |
| Muzinich BDC, Inc. | equity equity Common Stock Common Stock Class A-2 | $685 | $171,476 19c |
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 | $15.1M | $15.2M | 101c | 2 |
| Mar 31, 2026 | 1 | $15.0M | $15.0M | 101c | 2 |
| Dec 31, 2025 | 1 | $15.0M | $15.0M | 101c | 2 |
| Sep 30, 2025 | 1 | $14.9M | $14.9M | 101c | 2 |
| Jun 30, 2025 | 1 | $14.9M | $14.9M | 101c | 2 |
| Dec 31, 2024 | 1 | $14.6M | $14.4M | 100c | 0 |
What changed
- Maturity approachingJul 12, 2027
- Maturity approachingJul 12, 2027
- Maturity approachingJul 12, 2026
- Maturity approachingJul 12, 2026
- Maturity approachingJul 12, 2026
- Maturity shortened (observed)Dec 31, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- AGS AUTOMOTIVE SOLUTIONSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 3 across 1 BDCderived
- Industry
- Automotivereportedas one filer wrote it