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
Flexera Software LLC revolver
lien unstatedheld todaySoftware
Principal held
at least $286M
sum of BDC pieces, a lower bound
Fair value
$286M
97c on cost
Unfunded
$18.0M
pieces' unfunded commitments
Pricing
S+450 bp
modal across pieces
PIK
none stated
Maturity
Aug 16, 2032
html_schedule
Lenders
6 holding
1 exited · 0 named on a deal
On the tape
4 quarters
Sep 30, 2025 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 |
|---|---|---|---|---|---|
| AGL Private Credit Income Fund AGL US DL MANAGEMENT LLC | exited | n/a | n/a | Sep 30, 2025 to Sep 30, 2025 | |
| Blackstone Private Credit Fund BLACKSTONE PRIVATE CREDIT STRATEGIES LLC | held · 3 pieces | $244M | $244M 97c | 450 bp | Sep 30, 2025 to Jun 30, 2026 |
| Blackstone Secured Lending Fund BLACKSTONE PRIVATE CREDIT STRATEGIES LLC | held · 3 pieces | $42.0M | $42.0M 97c | 450 bp | Sep 30, 2025 to Jun 30, 2026 |
| Willow Tree Capital Corp WILLOW TREE CAPITAL CORP ADVISORS LLC | held · 2 pieces | $50,000 | $-1,000 | Sep 30, 2025 to Jun 30, 2026 | |
| OHA Senior Private Lending Fund (U) LLC OHA PRIVATE CREDIT ADVISORS II, L.P. | held | n/a | n/a | Sep 30, 2025 to Jun 30, 2026 | |
| Onex Direct Lending BDC Fund ONEX CREDIT ADVISOR, LLC | held | n/a | n/a | Sep 30, 2025 to Jun 30, 2026 | |
| T. Rowe Price OHA Select Private Credit Fund OHA PRIVATE CREDIT ADVISORS LLC | held | n/a | n/a | Sep 30, 2025 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 | 6 | $286M | 97c | 450 bp | Aug 16, 2032 | |
| Mar 31, 2026 | 5 | $286M | 100c | 450 bp | Aug 16, 2032 | |
| Dec 31, 2025 | 6 | $316M | 100c | 450 bp | Aug 16, 2032 | |
| Sep 30, 2025 | 7 | $50,000 | n/a | 475 bp | Aug 16, 2032 |
What changed on this facility
position and facility grain, including routine
- Lender left a facility Sep 30, 2025AGL Private Credit Income Fund no longer holds Flexera Software LLC revolver after 2025-09-30; 6 BDC(s) still hold it
Other pieces of this borrower's structure
- at least $815M
- at least $282M
- at least $186M
- at least $15.2M
- unknown
- delayed draw term loanexited Mar 31, 2026unknown
How this facility is known
- Grain
- Flexera Software LLC x revolverderivedborrower 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