DRS Holdings III, Inc.
DRS Holdings III, Inc. is a borrowing entity for the Dr. Scholl's footcare business, whose products include insoles, orthotics, and foot and skin treatments sold under the Dr. Scholl's brand. The vehicle-to-brand link is carried on the face of the in-repo filings: MFIC's schedule groups DRS Holdings III, Inc. under 'Dr. Scholl's', and ARCC -- which files the position jointly as 'DRS Holdings III, Inc. and DRS Holdings I, Inc.' -- describes the borrower as a 'Footwear and orthopedic foot-care brand'. Lender industry labels differ and are presented as the filers' own: ARCC files Consumer Durables and Apparel, NCDL and PFLT file Consumer Goods: Durable, and PNNT files Consumer Products.
Company profile. Written by an AI model from public web sources; not checked for copying; not taken from the company's or the lender's SEC filing. — distinct from the SEC Schedule-of-Investments pricing data below. · AI-generated analysis. Not investment advice. May contain errors.
Lenders
DRS Holdings III, Inc. is held by 6 BDC lenders in our parsed SEC filings: AGTC, ARCC, NCDL, PFLT, PNNT, SCM.
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). Rows marked stale are from an earlier filing than the lender’s latest — the borrower is absent from its newest filing (exited, repaid, or reported under a different name).
| BDC | Type | Rate | Cash spread (bps) | Mark (% of par) | Fair Value | Maturity | Filing |
|---|---|---|---|---|---|---|---|
| AGTC | 1L Sr Secured | SOFR | 525 | 100.0 | $4M | 2028-11 | 2026-08-07 |
| ARCC | 1L Sr Secured | SOFR | 525 | 100.0 | $64M | 2028-11 | 2026-07-29 |
| ARCC | 1L Sr Secured | SOFR | 525 | 100.0 | $6M | 2028-11 | 2026-07-29 |
| NCDL | 1L Sr Secured | SOFR | 525 | 99.7 | $3M | 2028-11-01 | 2026-08-06 |
| PFLT | Debt | SOFR | 525 | 99.6 | $8M | 2028-11-01 | 2026-08-10 |
| PNNT | 1L Sr Secured | SOFR | 525 | 99.6 | $1M | 2028-11-01 | 2026-08-10 |
| SCM | 1L Sr Secured | SOFR | 625 | 100.0 | $9M | 2025-11-01 | 2025-03-04 stale |
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 under the oversight of each BDC’s board (often by the adviser as valuation designee), so figures are estimates as of the period end each filing reports, not its filing date, and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Ownership & deal activity
Headlines mentioning DRS Holdings III, Inc.
Public headlines that name DRS Holdings III, Inc., matched by company name and shown most-recent first. A mention is not an endorsement, a rating, or investment advice — verify anything material against the original source. Source: Google News.
- Amazon Is Selling Dr. Scholl's 'Comfortable' and Classic Knee-High Boots for 50% Off Pre-Prime Day
- These Dr. Scholl’s Fall Shoes Look So Chic, You’d Never Guess They’re Comfy—Plus, They’re Up to 50% Off
- The best sales to shop this weekend: Zwilling, Dr. Scholl’s, Shark and more
- Dr. Scholl’s, Frye & Co. And More Top Brands at DSW This Fall — Plus, an Exclusive Code
- DSW Has Dr. Scholl's Chic Tall Boots for Wide Calves on Sale
- Dr Scholl's Machine The City Is Lit Up At Night With Mountains In The Background
- Dr. Scholl’s Reverie Boots: Stylish Comfort for 12-Hour Days, Now 40% Off at Nordstrom Rack
- Flight Attendants Can Take “Tens of Thousands” of Steps in These Podiatrist-Approved Dr. Scholl’s Sneakers
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.