Borrower record · Q2 2026
Sapphire Software Buyer
As filed by 5 BDCs · period end 30 June 2026Filers label it: Electronics (2), Software and Services (2)
Five lenders report $342.2m of Sapphire Software Buyer at Q2 2026, marked at 97.9 cents. First-Lien Senior Secured on all five positions whose seniority a filer disclosed.
- Filed fair value
- $342.2m
- 5 funded positions
- Reporting lenders
- 5
- across 6 filed positions
- Aggregate mark
- 97.9c
- covers 83% of positions with a filed cost
- Median spread
- 500bp
- over SOFR, 5 tranches
- Maturities to
- 2031
- earliest September 2031
- Periods on record
- 5
- first filed Q2 2025
How this total is counted
- Every figure above is the sum of 5 funded positions filed by 5 BDCs, each one cited below.
- Counted from the Q2 2026 filings imported for this build, the latest of them filed 20 August 2026. A schedule filed after that date is not in these figures and will appear when the property is rebuilt.
- 1 filed position carries no positive fair value — unfunded or written off — and is outside every figure above.
Pricing as filed
5 floating tranches · SOFR500bp on all 5 floating tranches — every filer reports the same spread.
Capital structure
First-Lien Senior Secured, on all 5 positions whose seniority a filer disclosed.
Rate structure
Floating, on all 5 positions whose interest type a filer disclosed.
Maturity profile
all 5 funded positions dated5.2 years to maturity, weighted by fair value across the 5 dated positions.
Where the lenders disagree
5 filers disclosed a costLender marks on the same debt differ by up to 2.7c.
Credit flags
No lender reports this borrower on non-accrual, and no filed tranche pays in kind.
Not in the filings
- No sector. The filers' industry labels for Sapphire Software Buyer do not agree at NAICS sector level, so the ones two or more of them filed are shown above as filed.
- No period-by-period totals. Different lenders reported each of the 5 periods on record, so the movement between them would be a change in who filed, not in the borrower.
- No filed cost on 17% of positions, which the aggregate mark therefore excludes.
- No index floor filed on any tranche.
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Who holds it, and where they mark it.
5 lenders hold the same credit and mark it differently. Behind the gate, one row each — for this borrower and for every other one on this site, free and with no limit on how many you read.
- The spread between the highest and lowest lender mark
- Quarter-on-quarter movement across 5 periods
- Peer comparison against borrowers with the same lenders
- The 10-Q or 10-K behind every row, by accession number
Every filing behind this page
5 filers · Q2 2026| Filer | CIK | Form | Period | Filed | Accession |
|---|---|---|---|---|---|
| 26North BDC, Inc. | 0001950976 | 10-Q | 2026-06-30 | 2026-08-07 | 0001193125-26-340235 |
| Ares Capital Corporation (ARCC) | 0001287750 | 10-Q | 2026-06-30 | 2026-07-29 | 0001628280-26-050307 |
| Ares Strategic Income Fund (ASIF) | 0001918712 | 10-Q | 2026-06-30 | 2026-08-07 | 0001628280-26-054923 |
| Sixth Street Lending Partners | 0001925309 | 10-Q | 2026-06-30 | 2026-08-05 | 0001193125-26-335004 |
| Sixth Street Specialty Lending, Inc. (TSLX) | 0001508655 | 10-Q | 2026-06-30 | 2026-08-04 | 0001193125-26-332725 |
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