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Private creditBorrowerair freight & logisticsaunknown

STG Logistics Inc

Private Credit

Search this name across graphsid dfx:pc:f867ed4b-a609-aeb5-157f-070ff2b1dbdf

Data as of Sep 30, 2024 (this record's last observation) from The BDC tape; Adviser-reported credit funds; Deal parties; Pending. Page built Sep 21, 2026, 5:33 PM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 18
On other graphs: 1
Observed: Dec 31, 2022 to Sep 30, 2024
3 observations

Right now

2 signals name this record (all private credit signals)

#1NewSignalPrivate creditCredit deterioration

STG Logistics Inc: lender marks fell to 78 cents across 3 BDC lenders

State NEW at the 2024-03-31 quarter end, readable when the filing landed on 2024-05-10.

Exposure: $43.6M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.38x non accrual, 139d median

Logan Ridge Finance Corp. · lender Fidelity Private Credit Fund · lender Fidelity Private Credit Co LLC · lender Wind Point Partners · sponsor

Credit Attention / portfolio monitorMar 31, 2024 · seen 4 days ago

#2NewSignalPrivate creditCredit deterioration

STG Logistics Inc: lender marks fell to 50 cents across 3 BDC lenders

State NEW at the 2024-09-30 quarter end, readable when the filing landed on 2024-11-12.

Exposure: $52.8M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.38x non accrual, 139d median

Logan Ridge Finance Corp. · lender Fidelity Private Credit Fund · lender Fidelity Private Credit Co LLC · lender Wind Point Partners · sponsor

Credit Attention / portfolio monitorSep 30, 2024 · seen 4 days ago

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

STG Logistics

name equal multitoken · confidence 50% · family precision 100%

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Lenders: 3
BDCs: 3
Facilities: 1
Principal, latest: $53.6Mpieces as filed; a lower bound
Fair value, latest: $26.2M
Mark ratio: 50%fair value over cost, latest
Next maturity: Mar 24, 2028
First on a schedule: Dec 31, 2022
Last on a schedule: Sep 30, 2024

Facilities

one facility is one borrower, one kind and one lien; its size is the sum of the BDC pieces the tape can see, a lower bound, never the commitment

Kind	Lien	Size, lower bound	Fair value	Maturity	Maturity basis	Spread	PIK	Lenders	BDCs	Status	Last seen
Term loan	First lien	$53.6M	$26.2M	Mar 24, 2028	Xbrl fact	0	n/a	3	3	Unknown	Sep 30, 2024

Relationships

No published relationship touches this entity yet.

Dated events

7 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Sep 30, 2024
Marked down across lenders
STG Logistics Inc term loan: marked from 79 to 50 cents on cost across 3 lender(s)
BDC schedule of investments
$53.6M
Occurred
Sep 30, 2024
Borrower left every BDC schedule
STG Logistics Inc term loan (first lien) left every BDC schedule after 2024-09-30 (2 lenders, $41.3M last held)
BDC schedule of investments
$41.3M
Occurred
Sep 30, 2024
Marked down by a BDC
Fidelity Private Credit Co LLC: fair value markdown in STG Logistics Inc (79 to 49 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.49428710241453 usd
Occurred
Sep 30, 2024
Marked down by a BDC
Logan Ridge Finance Corp.: fair value markdown in STG Logistics Inc (78 to 48 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.479331941544885 usd
Occurred
Sep 30, 2024
Marked down by a BDC
Fidelity Private Credit Fund: fair value markdown in STG Logistics Inc (81 to 50 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.504915659225407 usd
Occurred
Jun 30, 2024
Mark recovered
Logan Ridge Finance Corp.: fair value recovery in STG Logistics Inc (67 to 78 cents on cost)
BDC schedule of investmentsobserved 2.1 years ago
0.777268942547877 usd
Occurred
Mar 31, 2024
Marked down across lenders
STG Logistics Inc term loan: marked from 94 to 78 cents on cost across 2 lender(s)
BDC schedule of investments
$44.1M
Occurred
Mar 31, 2024
Marked down by a BDC
Logan Ridge Finance Corp.: fair value markdown in STG Logistics Inc (76 to 67 cents on cost)
BDC schedule of investmentsobserved 2.4 years ago
0.670686070686071 usd
Occurred
Mar 31, 2024
Marked down by a BDC
Fidelity Private Credit Co LLC: fair value markdown in STG Logistics Inc (95 to 79 cents on cost)
BDC schedule of investmentsobserved 2.4 years ago
0.789393494554542 usd
Occurred
Dec 31, 2023
Marked down by a BDC
Logan Ridge Finance Corp.: fair value markdown in STG Logistics Inc (100 to 76 cents on cost)
BDC schedule of investmentsobserved 1.5 years ago
0.758720930232558 usd
Occurred
Dec 31, 2022
Borrower first appears on a BDC schedule
STG Logistics Inc first appears in a BDC schedule (2 lenders)
Fidelity Private Credit Co LLCBDC schedule of investmentsobserved 3.4 years ago
$47.2M

Show 7 bookkeeping events

Occurred
Dec 31, 2024
Fidelity Private Credit Fund: position exited in STG Logistics Inc ($9.9M principal)
Occurred
Dec 31, 2024
Fidelity Private Credit Co LLC: position exited in STG Logistics Inc ($41.3M principal)
Occurred
Dec 31, 2024
Logan Ridge Finance Corp.: position exited in STG Logistics Inc ($2.4M principal)
Occurred
Jun 30, 2024
Fidelity Private Credit Fund: new position in STG Logistics Inc ($9.9M principal)
Occurred
Mar 31, 2024
Fidelity Private Credit Fund: position exited in STG Logistics Inc ($10.0M principal)
Occurred
Mar 31, 2023
Logan Ridge Finance Corp.: principal decreased in STG Logistics Inc ($2.5M principal)
Occurred
Dec 31, 2022
Logan Ridge Finance Corp.: new position in STG Logistics Inc ($5.0M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:f867ed4b-a609-aeb5-157f-070ff2b1dbdf
First observed: Dec 31, 2022
Last observed: Sep 30, 2024 24 months ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

STG Logistics Inc

Private Credit

Search this name across graphsid dfx:pc:f867ed4b-a609-aeb5-157f-070ff2b1dbdf

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$53.6M

$26.2M

Mar 24, 2028

Xbrl fact

n/a

Unknown

Sep 30, 2024