DFX Intelligence
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Borrower
T•••••• T••••••••• I••••••••• I••
Softwaregroup grade Aon a schedule nowsponsor unattributed
Also written as: Inc.Investment; Inc.Investment Type
Principal held
at least $246M
sum of BDC pieces, a lower bound
Fair value
$217M
98c on cost, debt pieces
Unfunded
$27.9M
commitments not yet drawn
BDC lenders
4
4 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Nov 1, 2032
no dated debt inside 24 months
On the tape since
Dec 31, 2025
latest Jun 30, 2026
Events
1
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 revolver first lien | at least $153M | 98c | SOFR+425 bp | Nov 4, 2032 | 2 |
| first lien term loan first lien | at least $82.7M | 98c | SOFR+425 bp | Nov 4, 2032 | 3 |
| first lien delayed draw term loan first lien | at least $10.8M | 97c | SOFR+425 bp | Nov 4, 2032 | 1 |
| other lien unstated | unknown | n/a | unstated | 3 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••••• D••• S•••••••• B•• | delayed draw term loan first lien F•••• L••• S•••••• D••• – D•••••• D••• I••••••• R••• S+425, 0.50% F•••• M••••••• D••• 11/0 | $10.8M | $10.5M 97c | SOFR+425 bp |
| A••••• D••• S•••••••• B•• | revolver first lien F•••• L••• S•••••• D••• – R••••••• I••••••• R••• S+425, 0.50% F•••• M••••••• D••• 11/04/20 | n/a | $-205,000 2563c | SOFR+425 bp |
| A••••• D••• S•••••••• B•• | term loan first lien F•••• L••• S•••••• D••• – T••• L••• I••••••• R••• S+425, 0.50% F•••• M••••••• D••• 11/04/2 | $43.2M | $41.9M 97c | SOFR+425 bp |
| A••• C•••••• C••• | term loan first lien F•••• lien senior secured loan | $21.2M | $20.8M 98c | S+425 bp |
| A••• C•••••• C••• | unstated lien unstated | n/a | n/a | |
| A••• S•••••••• I••••• F••• | unstated lien unstated | n/a | n/a | |
| A••• S•••••••• I••••• F••• | term loan first lien F•••• lien senior secured loan | $18.2M | $17.8M 98c | S+425 bp |
| H•• C•••••••• L•••••• F••• | revolver first lien 1st L••• S••••• S•••••• R•••••••• L••• | n/a | n/a | |
| H•• C•••••••• L•••••• F••• | revolver first lien N••••••••• I••••• | $23.6M | $-470,000 1741c | |
| H•• C•••••••• L•••••• F••• | revolver first lien N••••••••• I••••• | $32.2M | $31.6M 98c | S+425 bp |
| H•• C•••••••• L•••••• F••• | revolver first lien N••••••••• I••••• | $96.7M | $94.7M 98c | S+425 bp |
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 | 4 | $246M | $217M | 98c | 0 |
| Mar 31, 2026 | 4 | $93.5M | $90.7M | 97c | 0 |
| Dec 31, 2025 | 4 | $300M | $276M | 100c | 0 |
What changed
- Lender left a facilityMar 31, 2026
- New borrower on a BDC scheduleDec 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
- TRADING TECHNOLOGIESderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived
- Industry
- Softwarereportedas one filer wrote it