DFX Intelligence
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Borrower
S•••••• L••• a••
Application Softwaregroup grade Aoff every schedule since Dec 31, 2025sponsor unattributed
Nothing material in the last 200 days. Last change: 31 Dec 2025, $30.6M principal held by 1 lender; matures Jul 2027.
Principal held
at least $30.6M
sum of BDC pieces, a lower bound
Fair value
$31.0M
98c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Jul 1, 2027
$30.6M inside 24 months
On the tape since
Dec 31, 2025
latest Dec 31, 2025
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2025, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| H••••••• C••••••• I••• | $30.6M | 98¢ | new this quarter |
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| H••••••• C••••••• I••• | term loan first lien S••••• S•••••• and M••••••• D••• J••• 2027 and P•••• + 1.50%, F•••• rate 9.50%, PIK I••••• | $30.6M | $31.0M 98c | S+150 bp PIK 1.95% |
Capital structure as the BDCs see it
latest quarter end Dec 31, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Dec 31, 2025 | at least $30.6M | 98c | S+150 bp PIK 1.95% | Jul 1, 2027 | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2025 | 1 | $30.6M | $31.0M | 98c | 1 |
What changed
- New borrower on a BDC scheduleDec 31, 2025
- Facility left every 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
- SISENSE LTD ANDderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Application Softwarereportedas one filer wrote it