DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
Borrower
S•••• T••• H•••••• L••
Construction & Engineeringgroup grade Aon a schedule nowsponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 100¢ · 100¢ · 100¢ · 100¢Q2 2025 to Q2 2026
Principal held
at least $84.3M
sum of BDC pieces, a lower bound
Fair value
$82.9M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
May 13, 2030
no dated debt inside 24 months
On the tape since
Jun 30, 2025
latest Jun 30, 2026
Events
3
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 |
|---|---|---|---|
| O••••••• A•••••••• | $84.3M | 100¢ | 0 pts |
Every BDC piece · 4 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| O••••••• A•••••••• | term loan first lien F•••• lien senior secured term loan I••••••• R••• S••• + 6.00% M••••••• D••• 05/13/2030 On | $33.3M | $32.8M 100c | SOFR+600 bp |
| O••••••• A•••••••• | delayed draw term loan first lien F•••• lien senior secured delayed draw term loan I••••••• R••• S••• + 6.00% M••••••• D••• | $28.2M | $27.8M 100c | SOFR+600 bp |
| O••••••• A•••••••• | delayed draw term loan first lien F•••• lien senior secured delayed draw term loan I••••••• R••• S••• + 6.00% M••••••• D••• | $12.8M | $12.6M 100c | SOFR+600 bp |
| O••••••• A•••••••• | term loan first lien F•••• lien senior secured term loan I••••••• R••• S••• + 6.00% M••••••• D••• 05/13/2030 | $9.9M | $9.8M 100c | SOFR+600 bp |
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 $43.2M | 100c | SOFR+600 bp | May 13, 2030 | 1 |
| first lien delayed draw term loan first lien | at least $41.0M | 100c | SOFR+600 bp | May 13, 2030 | 1 |
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 | $84.3M | $82.9M | 100c | 0 |
| Mar 31, 2026 | 1 | $84.5M | $83.1M | 100c | 0 |
| Dec 31, 2025 | 1 | $84.7M | $83.7M | 100c | 0 |
| Sep 30, 2025 | 1 | $54.3M | $53.5M | 100c | 0 |
All 5 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $33.6M | $32.8M | 100c | 0 |
What changed
- Spread changed (observed)Dec 31, 2025
- Spread changed (observed)Dec 31, 2025
- Spread increasedDec 31, 2025
- Spread increasedDec 31, 2025
- New borrower on a BDC scheduleJun 30, 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
- STARK TECHderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Construction & Engineeringreportedas one filer wrote it