Skip to main content Skip to main content
Private-Credit Borrower

Cobalt Buyer Sub, Inc., Cobalt Holdings I, LP, and Cobalt Intermediate I, Inc.

Provider of biological products to life science and pharmaceutical companies. BioIVT (formerly BioreclamationIVT) supplies biospecimens and biological research products - human and animal biofluids, tissues, and cell products - plus drug-metabolism and ADME-tox research services used across drug discovery and development. Headquartered in Hicksville, New York, the company was acquired by Linden Capital Partners in October 2021; "Cobalt" was Linden's project codename for the buyout, and the Cobalt Buyer Sub, Inc. / Cobalt Holdings I, LP / Cobalt Intermediate I, Inc. stack is that transaction's financing structure as it appears in BDC schedules.

Company profile compiled from public sources (company filings, rating-agency reports, and press releases) — distinct from the SEC Schedule-of-Investments pricing data below.

2
BDC Lenders
11
Debt Positions

Lenders

Cobalt Buyer Sub, Inc., Cobalt Holdings I, LP, and Cobalt Intermediate I, Inc. is held by 2 BDC lenders in our parsed SEC filings: ARCC, GBDC.

Cross-lender loan pricing

Each row is one debt tranche at the BDC’s most recent filing that holds this borrower, widest spread first. Mark is the position’s fair value as a percent of par (100 = par). Spread is shown in basis points over the benchmark in the Rate column, normalized from each filing’s as-reported units — rows quoting different benchmarks are still not directly comparable. Compare like-for-like: a second-lien tranche, a different vintage, or an older filing should price wider even when the credit view is identical — check the Type and Filing columns before reading a gap as disagreement. Source: SEC EDGAR (public).

BDCTypeRateCash spread (bps)Mark (% of par)Fair ValueMaturityFiling
ARCC1L Sr SecuredSOFR57590.1$6M2027-102026-07-29
ARCC1L Sr SecuredSOFR57589.3$10M2028-102026-07-29
ARCC1L Sr SecuredSOFR57588.9$27M2028-102026-07-29
ARCC1L Sr SecuredSOFR57589.7$6M2028-102026-07-29
GBDC1L Sr SecuredSOFR57593.0$6M2028-102026-08-03
GBDC1L Sr SecuredSOFR57593.0$3M2028-102026-08-03
GBDC1L Sr SecuredSOFR57593.0$5M2028-102026-08-03
GBDC1L Sr SecuredSOFR57595.7$1M2027-102026-08-03
GBDC1L Sr SecuredSOFR57593.0$14M2028-102026-08-03
ARCCEquityPIK——$107M2026-07-29
ARCCDebtPIK———2026-07-29

Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.

Ownership & deal activity

No acquisition, ownership-change, or refinancing headlines for Cobalt Buyer Sub, Inc., Cobalt Holdings I, LP, and Cobalt Intermediate I, Inc. are in our verified news index yet. Most BDC borrowers are private companies, so ownership events are not always public; absence reflects our indexing coverage, not the borrower’s deal activity.

Headlines mentioning Cobalt Buyer Sub, Inc., Cobalt Holdings I, LP, and Cobalt Intermediate I, Inc.

We haven’t indexed any headlines that name Cobalt Buyer Sub, Inc., Cobalt Holdings I, LP, and Cobalt Intermediate I, Inc.. That reflects our news-indexing coverage — not the borrower’s activity — so the absence is not a signal.

Reading this table

When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).

Want to read these numbers like an analyst? Free Oxford Ledge lessons: reading a BDC’s Schedule of Investments, key credit metrics, and the Five Cs of credit analysis.