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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Borrower
E••••••• B••••• I••
Principal held
at least $221M
sum of BDC pieces, a lower bound
Fair value
$206M
98c on cost, debt pieces
Unfunded
$22.9M
commitments not yet drawn
BDC lenders
14
14 on the latest quarter
Facilities
8
0 equity pieces beside them
Next maturity
Mar 1, 2032
no dated debt inside 24 months
On the tape since
Mar 31, 2025
latest Jun 30, 2026
Events
3
dated, non-routine
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 $128M | 99c | S+575 bp PIK 3.13% | Mar 25, 2032 | 9 |
| other lien unstated | at least $93.4M | 97c | S+575 bp PIK 3.13% | Mar 25, 2032 | 7 |
| first lien revolver first lien | unknown | n/a | unstated | 2 | |
| delayed draw term loan lien unstated | unknown | n/a | unstated | 5 | |
| second lien revolver second lien | unknown | n/a | unstated | 2 | |
| revolver lien unstated | unknown | n/a | unstated | 5 | |
| first lien delayed draw term loan first lien | unknown | n/a | unstated | 2 | |
| second lien delayed draw term loan second lien | unknown | n/a | unstated | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| C•••••• C••••• S••••••••• I••• | revolver second lien Investments | Non-Affiliated Issuer | First and Second Lien Debt | Revolver | n/a | n/a | |
| C•••••• C••••• S••••••••• I••• | term loan first lien Investment | Non-Affiliated Issuer | First Lien Debt | $20.1M | $19.8M 100c | S+263 bp PIK 3.13% |
| C•••••• C••••• S••••••••• I••• | delayed draw term loan second lien Investments | Non-Affiliated Issuer | First and Second Lien Debt | Delayed Draw | n/a | n/a | |
| C•••••• S•••••• L••••••• I••• | term loan first lien Investment | Non-Affiliated Issuer | First Lien Debt | $27.6M | $27.2M 100c | S+263 bp PIK 3.13% |
| C•••••• S•••••• L••••••• I••• | revolver second lien Investments | Non-Affiliated | First and Second Lien Debt | Revolver | n/a | n/a | |
| C•••••• S•••••• L••••••• I••• | delayed draw term loan second lien Investments | Non-Affiliated | First and Second Lien Debt | Delayed Draw | n/a | n/a | |
| G•••• C•••••• B•• 4• I••• | term loan first lien One stop 1 | $1.3M | $1.3M 99c | S+575 bp PIK 3.13% |
| G•••• C•••••• B•• 4• I••• | term loan first lien One stop 3 | $5.4M | $5.3M 99c | S+575 bp PIK 3.13% |
| G•••• C•••••• B•• 4• I••• | term loan first lien One stop 2 | $0 | $-13,000 163c | |
| G•••• C•••••• B••• I••• | term loan first lien One stop 2 | Non-Affiliated Issuer | $0 | $-45,000 167c | |
| G•••• C•••••• B••• I••• | term loan first lien One stop 3 | Non-Affiliated Issuer | $18.8M | $18.5M 99c | S+575 bp PIK 3.13% |
| G•••• C•••••• B••• I••• | term loan first lien One stop 1 | Non-Affiliated Issuer | $4.7M | $4.6M 99c | S+575 bp PIK 3.13% |
| G•••• C•••••• D••••• L•••••• C••• | term loan first lien One stop 1 | $435,000 | $426,000 99c | S+575 bp PIK 3.13% |
| G•••• C•••••• D••••• L•••••• C••• | term loan first lien One stop 2 | $0 | $-4,000 133c | |
| G•••• C•••••• D••••• L•••••• C••• | term loan first lien One stop 3 | $1.8M | $1.7M 99c | S+575 bp PIK 3.13% |
| G•••• C•••••• D••••• L•••••• U•••••••• C••• | term loan first lien One stop 1 | $206,000 | $202,000 99c | S+575 bp PIK 3.13% |
| G•••• C•••••• D••••• L•••••• U•••••••• C••• | term loan first lien One stop 3 | $834,000 | $817,000 99c | S+575 bp PIK 3.13% |
| G•••• C•••••• D••••• L•••••• U•••••••• C••• | term loan first lien One stop 2 | $0 | $-2,000 200c | |
| G•••• C•••••• P•••••• C••••• F••• | term loan first lien One stop 1 | $37.4M | $36.6M 99c | S+575 bp PIK 3.13% |
| G•••• C•••••• P•••••• C••••• F••• | term loan first lien One stop 3 | $0 | $-88,000 163c | |
| G•••• C•••••• P•••••• C••••• F••• | term loan first lien One stop 2 | $9.3M | $9.1M 99c | S+575 bp PIK 3.13% |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated | n/a | n/a | |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated | n/a | n/a | |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated Non-Affiliated Issuer | $1.6M | $-62,000 310c | |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated Non-Affiliated Issuer | $3.6M | $3.2M 97c | S+575 bp PIK 3.13% |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated Non-Affiliated Issuer | $13.5M | $12.9M 97c | S+575 bp PIK 3.13% |
| H•• C•••••••• L•••••• F••• | unstated lien unstated Non-Affiliated Issuer | $14.5M | $12.8M 97c | S+575 bp PIK 3.13% |
| H•• C•••••••• L•••••• F••• | unstated lien unstated Non-Affiliated Issuer | $6.4M | $-248,000 318c | |
| H•• C•••••••• L•••••• F••• | revolver first lien 1st Lien Senior S•••••• Revolving Loan | n/a | n/a | |
| H•• C•••••••• L•••••• F••• | delayed draw term loan first lien 1st Lien Senior S•••••• Delayed Draw Loan | n/a | n/a | |
| H•• C•••••••• L•••••• F••• | unstated lien unstated Non-Affiliated Issuer | $53.9M | $51.8M 97c | S+575 bp PIK 3.13% |
| L••• P•••••• C••••• L•• | revolver lien unstated Revolver Commitment Expiration Date 03/25/2032 | n/a | n/a | |
| L••• P•••••• C••••• L•• | delayed draw term loan lien unstated Delayed Draw Term Loan Commitment Expiration Date 03/25/2027 | n/a | n/a | |
| M••••• S•••••• D••••• L•••••• F••• | delayed draw term loan lien unstated Delayed Draw Term Loan Commitment Expiration Date 03/25/2027 | n/a | n/a | |
| M••••• S•••••• D••••• L•••••• F••• | revolver lien unstated Revolver Commitment Expiration Date 03/25/2032 | n/a | n/a | |
| N•••• H•••• P•••••• I••••• F••• A• L•• | delayed draw term loan lien unstated Delayed Draw Term Loan Commitment Expiration Date 03/25/2027 | n/a | $-2,000 | |
| N•••• H•••• P•••••• I••••• F••• A• L•• | revolver lien unstated Revolver Commitment Expiration Date 03/25/2032 | n/a | $-11,000 | |
| N•••• H•••• P•••••• I••••• F••• L•• | revolver lien unstated Revolver Commitment Expiration Date 03/25/2032 | n/a | n/a | |
| N•••• H•••• P•••••• I••••• F••• L•• | delayed draw term loan lien unstated Delayed Draw Term Loan Commitment Expiration Date 03/25/2027 | n/a | n/a | |
| T• S••••• B•• L•• | revolver lien unstated Revolver Commitment Expiration Date 03/25/2032 | n/a | n/a | |
| T• S••••• B•• L•• | delayed draw term loan lien unstated Delayed Draw Term Loan Commitment Expiration Date 03/25/2027 | n/a | n/a |
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 | 14 | $221M | $206M | 98c | 16 |
| Mar 31, 2026 | 14 | $145M | $140M | 99c | 14 |
| Dec 31, 2025 | 14 | $193M | $166M | 101c | 9 |
| Sep 30, 2025 | 14 | $254M | $227M | 101c | 14 |
| Jun 30, 2025 | 14 | $247M | $218M | 100c | 24 |
| Mar 31, 2025 | 14 | $245M | $215M | 100c | 2 |
What changed
- New lender joined a facilityDec 31, 2025
- Lender left a facilityDec 31, 2025
- Lender left a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- Spread changed (observed)Sep 30, 2025
- New lender joined a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- PIK interest appearsJun 30, 2025
- Lender left a facilityJun 30, 2025
- Lender left a facilityJun 30, 2025
- Lender left a facilityJun 30, 2025
- Lender left a facilityJun 30, 2025
- Lender left a facilityJun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
Sponsor
- E••••••• C•••••• P•••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedelectriccapital.com"listed on https://electriccapital.com/investments/: E••••••• (espressosys.com)"
- C•• E••••• P••••••• I• L••
- the sponsor's own portfolio page lists a company of this nameestimateda16zcrypto.com"listed on https://a16zcrypto.com/portfolio/: E••••••• (espressosys.com)"
Identity
- Group key
- ESPRESSOderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 14 BDCsderived
- Industry
- Softwarereportedas one filer wrote it