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.
Facility
Technology Dropoff Inc term loan
lien unstatedheld todaySoftware
Principal held
at least $24.2M
sum of BDC pieces, a lower bound
Fair value
$14.2M
76c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
unstated
floor 9.75%
PIK
none stated
Maturity
Jun 30, 2028
tagged by the filer
Lenders
1 holding
0 exited · 0 named on a deal
On the tape
6 quarters
Dec 31, 2024 to Jun 30, 2026
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
| Lender | Status | Principal | Fair value | Spread | Held |
|---|---|---|---|---|---|
| Horizon Technology Finance Corp HORIZON TECHNOLOGY FINANCE | held · 4 pieces | $24.2M | $14.2M 76c | Dec 31, 2024 to Jun 30, 2026 |
Facility through time
pieces summed per quarter end across the BDCs holding it
| Quarter end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | 1 | $24.2M | 76c | Jun 30, 2028 | ||
| Mar 31, 2026 | 1 | n/a | 73c | Jun 30, 2028 | ||
| Dec 31, 2025 | 1 | $23.6M | 73c | Jun 30, 2028 | ||
| Sep 30, 2025 | 1 | n/a | 72c | Jun 30, 2028 | ||
| Jun 30, 2025 | 1 | n/a | 55c | Jun 30, 2028 | ||
| Dec 31, 2024 | 1 | n/a | 94c | Jun 30, 2028 |
What changed on this facility
position and facility grain, including routine
- Maturity approaching Jun 30, 2028Technology Dropoff Inc term loan (unknown) matures 2028-06-30 (inside 24 months; $24.2M held by 1 BDC)
- Mark recovered Sep 30, 2025Technology Dropoff Inc term loan: marked from 55 to 72 cents on cost
- Marked down across lenders Jun 30, 2025Technology Dropoff Inc term loan: marked from 94 to 55 cents on cost across 1 lender(s)
Other pieces of this borrower's structure
This is the only piece of the borrower on the tape.
How this facility is known
- Grain
- Technology Dropoff Inc x term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported