DFX Intelligence
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Borrower
T••••••••• O••• A••••••••• L••
Also written as: T•••••••••; T••••••••• Holdings
Principal held
at least $12.5M
sum of BDC pieces, a lower bound
Fair value
$14.3M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
1 equity pieces beside them
Next maturity
Mar 1, 2028
$12.5M inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
12
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| term loan lien unstated | at least $11.8M | 100c | //stelluscapital.com/20260630#Three Month Term Secured Overnight Financing Rate+625 bp | Mar 1, 2028 | 1 |
| delayed draw term loan lien unstated | at least $669,832 | 100c | //stelluscapital.com/20260630#Three Month Term Secured Overnight Financing Rate+625 bp | Mar 1, 2028 | 1 |
| revolver lien unstated | at least $66,667 | n/a | //stelluscapital.com/20260630#Three Month Term Secured Overnight Financing Rate+625 bp | Mar 1, 2028 | 1 |
Equity pieces beside the debt: equity ($1.8M fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S•••••• C•••••• I••••••••• C••• | term loan lien unstated L•••••• L••• (S••• II) One | $9.4M | $9.4M 100c | //stelluscapital.com/20260630#Three Month Term Secured Overnight Financing Rate+625 bp |
| S•••••• C•••••• I••••••••• C••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | $669,832 | $669,832 100c | //stelluscapital.com/20260630#Three Month Term Secured Overnight Financing Rate+625 bp |
| S•••••• C•••••• I••••••••• C••• | equity equity S••••• A-1 U•••• | n/a | $311,072 120c | |
| S•••••• C•••••• I••••••••• C••• | revolver lien unstated R••••••• | $66,667 | $66,667 100c | //stelluscapital.com/20260630#Three Month Term Secured Overnight Financing Rate+625 bp |
| S•••••• C•••••• I••••••••• C••• | term loan lien unstated T••• L••• (S••• II) Two | $2.4M | $2.4M 100c | //stelluscapital.com/20260630#Three Month Term Secured Overnight Financing Rate+625 bp |
| S•••••• C•••••• I••••••••• C••• | equity equity S••••• A U•••• | n/a | $1.5M 160c |
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 | $12.5M | $12.5M | 100c | 0 |
| Mar 31, 2026 | 1 | $12.5M | $12.5M | 99c | 0 |
| Dec 31, 2025 | 1 | $13.2M | $13.2M | 100c | 0 |
| Sep 30, 2025 | 1 | $12.6M | $12.6M | 100c | 0 |
| Jun 30, 2025 | 1 | $12.6M | $12.6M | 100c | 0 |
| Mar 31, 2025 | 1 | $12.6M | $12.6M | 101c | 0 |
| Dec 31, 2024 | 1 | $25.4M | $25.4M | 101c | 0 |
| Sep 30, 2024 | 1 | $12.7M | $12.7M | 101c | 0 |
| Jun 30, 2024 | 1 | $0 | $12.7M | 100c | 0 |
| Mar 31, 2024 | 1 | $12.8M | $12.7M | 101c | 0 |
| Dec 31, 2023 | 1 | $24.9M | $24.6M | 100c | 0 |
| Jun 30, 2023 | 1 | $9.7M | $9.5M | 100c | 0 |
| Mar 31, 2023 | 1 | $9.7M | $9.5M | 99c | 0 |
| Dec 31, 2022 | 1 | $9.7M | $9.5M | 99c | 0 |
| Sep 30, 2022 | 1 | $9.8M | $0 | n/a | 0 |
| Dec 31, 2021 | 1 | $9.9M | $9.7M | 99c | 0 |
What changed
- Maturity approachingMar 1, 2028
- Maturity approachingMar 1, 2028
- Maturity approachingMar 1, 2028
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Spread changed (observed)Mar 31, 2025
- Maturity shortened (observed)Mar 31, 2025
- Maturity extended (observed)Dec 31, 2024
- Spread changed (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Spread changed (observed)Mar 31, 2024
- Spread changed (observed)Mar 31, 2024
- Spread changed (observed)Mar 31, 2024
- Spread increasedMar 31, 2024
- Spread increasedMar 31, 2024
- Spread changed (observed)Dec 31, 2023
Sponsor
- T•• C•••••••• G••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedstelluscapital.com"••• Locked"
Identity
- Group key
- TRADEPENDINGderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 1 BDCderived