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A private credit borrower in aerospace & defense

Borrower · Aerospace & Defense
group grade Aon a schedule nowsponsor not yet identified

Nothing material in the last 200 days. Last change: 30 Sep 2023, Facility left every BDC schedule.

Mark path, consensus per quarter end
Q2 2025: 101¢Q3 2025: 102¢Q4 2025: 102¢Q1 2026: 101¢Q2 2026: 100¢101¢ · 102¢ · 102¢ · 101¢ · 100¢Q2 2025 to Q2 2026
Principal held
at least $19.7M
sum of BDC pieces, a lower bound
Fair value
$19.7M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Jan 1, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2022
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
LenderExposureCurrent markQoQ change
Franklin BSP Capital Corp$19.7M100¢-1 pts
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
Franklin BSP Capital Corpunstated lien unstated$19.7M$19.7M
100c
10.14%

Capital structure as the BDCs see it

latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
other lien unstatedat least $19.7M100c10.14%Jan 1, 20301
second lien term loan second lien
exited Sep 30, 2023
at least $2.0M95c//www.audaxcreditbdc.com/20230930#London Interbank Offered Rate+775 bpApr 30, 20261
first lien term loan first lien
exited Sep 30, 2023
at least $479,46995c//www.audaxcreditbdc.com/20230930#London Interbank Offered Rate+375 bpApr 30, 20251

Through time

the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$19.7M$19.7M100c0
Mar 31, 20261$20.6M$20.8M101c0
Dec 31, 20251$21.5M$21.9M102c0
Sep 30, 20251$22.4M$22.8M102c0
All 10 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20251$23.3M$23.6M101c0
Mar 31, 20251$24.1M$24.4M101c0
Dec 31, 20241$49.9M$49.9M100c0
Sep 30, 20231$2.5M$2.4M95c0
Jun 30, 20231$2.5M$2.4M95c0
Dec 31, 20221$2.5M$2.4M96c0

What changed

  • Facility left every BDC scheduleSep 30, 2023
  • Facility left every BDC scheduleSep 30, 2023
  • Marked down across lendersJun 30, 2023
  • Marked down (one lender)Jun 30, 2023

Position history

5 field-level changes across filed schedules, latest first
  • Principal decreased$49.9M to $24.1M
    2025-03-31
  • New positionat $49.9M
    2024-12-31
  • Position exitedfrom $479,469
    2023-12-31

+2 more position changes

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Each line is one position compared between two consecutive BDC schedules of investments: principal, fair value mark, spread, PIK and maturity, as filed with the SEC.