DFX Intelligence
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Borrower
A•••••••• A••••••••• C• L••
Containers, Packaging & Glassgroup grade Aon a schedule nowsponsor unattributed
Also written as: ASP-r-pac Holdings LP; Paper & Plastic Packaging Products &
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
101¢ · 101¢ · 101¢ · 100¢ · 101¢Q2 2025 to Q2 2026
Where each lender marks it, 1 points apart
100¢101¢
Principal held
at least $15.5M
sum of BDC pieces, a lower bound
Fair value
$33.5M
101c on cost, debt pieces
Unfunded
$6.2M
commitments not yet drawn
BDC lenders
5
5 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
Dec 1, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B••• C•••••• P•••••• C••••• | $8.04M | 100¢ | -2 pts |
| B••• C•••••• S•••••••• F••••••• I••• | $4.67M | 101¢ | 0 pts |
| A••• C•••••• C••• | $2.8M | 100¢ | +2 pts |
| O•••••• S•••••••• C••••• F••• | no principal filed | no cost filed | new this quarter |
| O•••••• S•••••••• L•••••• C••• | no principal filed | no cost filed | new this quarter |
Every BDC piece · 9 positions across 5 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• C•••••• P•••••• C••••• | term loan first lien F•••• L••• S••••• S•••••• L••• S••• F•••• 0.75% S••••• 5.25% I••••••• R••• 8.89% M••••••• | $8.0M | $8.0M 100c | SOFR+525 bp |
| B••• C•••••• S•••••••• F••••••• I••• | term loan first lien F•••• L••• S••••• S•••••• L••• S••• F•••• 0.75% S••••• 5.25% I••••••• R••• 8.89% M••••••• | $4.7M | $4.7M 101c | SOFR+525 bp |
| A••• C•••••• C••• | term loan first lien F•••• lien senior secured loan | $2.8M | $2.8M 100c | S+525 bp |
| A••• C•••••• C••• | equity equity C•••• A units | Not disclosed | $18.0M 89c | |
| A••• C•••••• C••• | unstated lien unstated | Not disclosed | Not disclosed |
View all 9 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• C•••••• P•••••• C••••• | revolver first lien F•••• L••• S••••• S•••••• L••• - R••••••• M••••••• D••• 12/31/2030 | Not disclosed | Not disclosed n/a | S+525 bp |
| B••• C•••••• S•••••••• F••••••• I••• | revolver first lien F•••• L••• S••••• S•••••• L••• - R••••••• M••••••• D••• 12/31/2030 | Not disclosed | Not disclosed | S+525 bp |
| O•••••• S•••••••• L•••••• C••• | unstated lien unstated | Not disclosed | Not disclosed | |
| O•••••• S•••••••• C••••• F••• | unstated lien unstated | Not disclosed | Not disclosed |
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 $15.5M | 101c | SOFR+525 bp | Dec 31, 2030 | 5 |
| first lien revolver first lien | unknown | n/a | S+525 bp | Dec 31, 2030 | 5 |
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 | 5 | $15.5M | $15.5M | 101c | 0 |
| Mar 31, 2026 | 5 | $40.2M | $39.8M | 100c | 0 |
| Dec 31, 2025 | 5 | $57.6M | $57.4M | 101c | 0 |
| Sep 30, 2025 | 5 | $45.1M | $44.8M | 101c | 0 |
All 17 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 5 | $37.0M | $36.8M | 101c | 0 |
| Mar 31, 2025 | 5 | $35.9M | $35.6M | 101c | 0 |
| Dec 31, 2024 | 5 | $31.6M | $31.3M | 101c | 0 |
| Sep 30, 2024 | 5 | $30.8M | $30.3M | 100c | 0 |
| Jun 30, 2024 | 5 | $29.1M | $28.4M | 100c | 0 |
| Mar 31, 2024 | 5 | $24.7M | $23.5M | 97c | 0 |
| Dec 31, 2023 | 4 | $12.3M | $11.5M | 95c | 0 |
| Sep 30, 2023 | 4 | $12.3M | $11.5M | 95c | 0 |
| Jun 30, 2023 | 4 | $12.3M | $11.7M | 97c | 0 |
| Mar 31, 2023 | 4 | $12.4M | $11.7M | 96c | 0 |
| Dec 31, 2022 | 2 | $8.3M | $8.1M | 100c | 0 |
| Sep 30, 2022 | 4 | $9.1M | $8.9M | 100c | 0 |
| Dec 31, 2021 | 2 | $75.5M | $74.4M | 99c | 0 |
What changed
- Spread changed (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
Full timeline · 16 eventsShow fewer
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Lender left a facilityMar 31, 2026
- Lender left a facilityMar 31, 2026
- Lender left a facilityMar 31, 2026
- Lender left a facilityMar 31, 2026
- Lender left a facilityMar 31, 2026
- Marked down (one lender)Mar 31, 2025
- Mark recoveredJun 30, 2024
- New lender joined a facilityMar 31, 2024
- New lender joined a facilityMar 31, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- ASP R PACderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 5 BDCsderived
- Industry
- Containers, Packaging & Glassreportedas one filer wrote it