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.
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Borrower
A•••••• P•••••• I••
Health Care Providers & Servicesgroup grade Aon a schedule nowsponsor unattributed
Also written as: A•••••• Topco; Inc. Restatement Date; Inc. Type; LLC Preferred
Principal held
at least $14.6M
sum of BDC pieces, a lower bound
Fair value
$23.8M
73c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
4
2 equity pieces beside them
Next maturity
Mar 31, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
30
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 $12.7M | 69c | SOFR+650 bp PIK 10.33% | Mar 31, 2029 | 2 |
| first lien delayed draw term loan first lien | at least $1.6M | 100c | PIK 12.60% | Mar 31, 2029 | 1 |
| first lien revolver first lien | at least $359,000 | 88c | PIK 12.60% | Mar 31, 2029 | 1 |
| revolver lien unstated exited Mar 31, 2026 | at least $1.5M | n/a | SOFR+600 bp PIK 2.50% | Jan 31, 2027 | 1 |
Equity pieces beside the debt: preferred equity ($11.1M fair value, 1 BDC), equity ($911,957 fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• F•••••••• I••••••••• C••• | equity equity Common Equity - Common Equity / Interest | n/a | n/a | |
| M••••• F•••••••• I••••••••• C••• | revolver first lien First Lien Secured Debt - Revolver SOFR+1260 PIK, 1.00% Floor Maturity Date 03/31/29 | $359,000 | $317,000 88c | PIK 12.60% |
| M••••• F•••••••• I••••••••• C••• | preferred equity equity Preferred Equity | n/a | n/a | |
| M••••• F•••••••• I••••••••• C••• | term loan first lien Term Loan | n/a | n/a | |
| M••••• F•••••••• I••••••••• C••• | term loan first lien First Lien Secured Debt - Term Loan SOFR+660 PIK, 1.00% Floor Maturity Date 03/31/29 | $6.6M | $6.6M 67c | PIK 6.60% |
| M••••• F•••••••• I••••••••• C••• | preferred equity equity Preferred Equity - Preferred Equity | n/a | n/a | |
| M••••• F•••••••• I••••••••• C••• | preferred equity equity Preferred Equity - Preferred Equity Class B Units | n/a | n/a | |
| M••••• F•••••••• I••••••••• C••• | revolver first lien Revolver | n/a | n/a | |
| M••••• F•••••••• I••••••••• C••• | preferred equity equity Preferred Equity - Preferred Equity Class A Units | n/a | $11.1M 63c | |
| M••••• F•••••••• I••••••••• C••• | equity equity Common Equity - Common Stock | n/a | n/a | |
| M••••• F•••••••• I••••••••• C••• | delayed draw term loan first lien First Lien Secured Debt - Delayed Draw SOFR+1260 PIK, 1.00% Floor Maturity Date 03/31/29 | $1.6M | $1.6M 100c | PIK 12.60% |
| O••• D••••• L•••••• B•• F••• | term loan first lien First Lien Term Loan Reference Rate and Spread 3M SOFR + 6.50% Floor 1.00% Interest Rate 1 | $6.1M | $3.3M 75c | SOFR+650 bp PIK 10.33% |
| O••• D••••• L•••••• B•• F••• | equity equity Class A Unit Initial Acquisition Date 4/20/2026 | n/a | $911,957 |
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 | $14.6M | $11.8M | 73c | 4 |
| Mar 31, 2026 | 2 | $52.0M | $21.5M | 42c | 2 |
| Dec 31, 2025 | 2 | $51.8M | $21.0M | 41c | 2 |
| Sep 30, 2025 | 2 | $52.5M | $27.2M | 53c | 2 |
| Jun 30, 2025 | 2 | $51.6M | $32.8M | 64c | 2 |
| Mar 31, 2025 | 1 | $22.9M | $13.5M | 61c | 2 |
| Dec 31, 2024 | 1 | $22.9M | $15.0M | 66c | 2 |
| Sep 30, 2024 | 1 | $22.9M | $15.5M | 68c | 2 |
| Jun 30, 2024 | 1 | $23.3M | $16.8M | 73c | 2 |
| Mar 31, 2024 | 1 | $23.2M | $18.7M | 81c | 2 |
| Dec 31, 2023 | 1 | $23.1M | $19.0M | 83c | 2 |
| Sep 30, 2023 | 1 | $22.9M | $19.5M | 86c | 2 |
| Jun 30, 2023 | 1 | $22.7M | $21.1M | 94c | 0 |
| Dec 31, 2022 | 1 | $24.0M | $23.2M | 98c | 0 |
What changed
- Spread changed (observed)Jun 30, 2026
- PIK interest increasedJun 30, 2026
- Mark recoveredJun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- PIK interest appearsJun 30, 2026
- Mark recoveredJun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- PIK interest appearsJun 30, 2026
- PIK interest increasedJun 30, 2026
- PIK interest appearsJun 30, 2026
- Spread increasedJun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Lender left a facilityMar 31, 2026
- Facility left every BDC scheduleMar 31, 2026
- Marked down across lendersDec 31, 2025
- Marked down across lendersDec 31, 2025
- Marked down (one lender)Dec 31, 2025
- Marked down (one lender)Dec 31, 2025
- Marked down across lendersSep 30, 2025
- Marked down (one lender)Sep 30, 2025
- Marked down (one lender)Sep 30, 2025
- New lender joined a facilityJun 30, 2025
- Marked down across lendersJun 30, 2025
- Marked down (one lender)Jun 30, 2025
- Marked down (one lender)Jun 30, 2025
- Marked down across lendersMar 31, 2025
- Spread changed (observed)Mar 31, 2025
- Marked down across lendersMar 31, 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
- AMPLITYderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 2 BDCsderived
- Industry
- Health Care Providers & Servicesreportedas one filer wrote it