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.
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Facility
S••••••• H•• S••••• U••••••• H•••••••• L•• first lien revolver
first lienheld todayCommercial Services & Supplies
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
$-1,000
n/a on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+575 bp
floor 1.00%
PIK
none stated
Maturity
Nov 19, 2029
tagged by the filer
Lenders
1 holding
1 exited · 0 named on a deal
On the tape
11 quarters
Dec 31, 2023 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 |
|---|---|---|---|---|---|
| M••••• F•••••••• I••••••••• C••• APOLLO INVESTMENT MANAGEMENT, L.P. | exited | n/a | $-2,000 8c | 525 bp | Dec 31, 2023 to Mar 31, 2026 |
| A••••• D••• S•••••••• B•• APOLLO CREDIT MANAGEMENT, LLC | held | n/a | $-1,000 5c | 575 bp | Dec 31, 2023 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 | n/a | n/a | 575 bp | Nov 19, 2029 | |
| Mar 31, 2026 | 2 | n/a | n/a | 575 bp | Nov 19, 2029 | |
| Dec 31, 2025 | 2 | n/a | n/a | 525 bp | Nov 19, 2029 | |
| Sep 30, 2025 | 2 | $216,000 | 121c | 525 bp | Nov 19, 2029 | |
| Jun 30, 2025 | 2 | $1.4M | 103c | 525 bp | Nov 19, 2029 | |
| Mar 31, 2025 | 2 | $1.4M | 105c | 525 bp | Nov 17, 2029 | |
| Dec 31, 2024 | 2 | $2.8M | 105c | 525 bp | Nov 17, 2029 | |
| Sep 30, 2024 | 2 | $787,000 | 102c | 575 bp | Nov 17, 2029 | |
| Jun 30, 2024 | 2 | $787,000 | 101c | 575 bp | Nov 17, 2029 | |
| Mar 31, 2024 | 2 | $3.0M | 99c | 575 bp | Nov 17, 2029 | |
| Dec 31, 2023 | 2 | $3.0M | 100c | 575 bp | Nov 17, 2029 |
What changed on this facility
position and facility grain, including routine
- Spread changed (observed) Jun 30, 2026S••••••• H•• S••••• U••••••• H•••••••• L•• revolver: spread moved from 5.25% to 5.75%
- Lender left a facility Mar 31, 2026M••••• F•••••••• I••••••••• C••• no longer holds S••••••• H•• S••••• U••••••• H•••••••• L•• revolver after 2026-03-31; 1 BDC(s) still hold it
- Spread changed (observed) Mar 31, 2026S••••••• H•• S••••• U••••••• H•••••••• L•• revolver: spread moved from 5.25% to 5.75%
- Spread changed (observed) Dec 31, 2024S••••••• H•• S••••• U••••••• H•••••••• L•• revolver: spread moved from 5.75% to 5.25%
Other pieces of this borrower's structure
- at least $10.5M
- at least $2.5M
- otherexited Mar 31, 2025$19.4M
How this facility is known
- Grain
- S••••••• H•• S••••• U••••••• H•••••••• L•• x first lien 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