DFX Intelligence
Reading the graph
Reading the graph
PIK_INCREASED measured 2.32x against non-accrual (candidate); PIK introduced 0.93x and is shown as fact, not warning. Amount $6M. Evidence class: fact; source BDC schedules of investments (Inline XBRL, InvestmentIdentifierAxis).
I••••••• I••••••••• L•• · borrower
observed in a filing or announcement; the statement is the source's
DFX product: Credit Attention / amendments
I••••••• I••••••••• L•• term loan: PIK interest rose from 8.77% to 9.77%
Why now: Dated 2026-06-30 (filing); first seen by DFX 2026-09-15.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| C••• I••••••••• C••• | $10.7M | 46¢ | -1 pts |
| C••••••• C•••••• B••• I••• | $3.62M | 34¢ | -4 pts |
| M••• S••••• C•••••• C••• | $3.16M | 15¢ | 0 pts |
| M•• I••••• F•••• I••• | $2.96M | 15¢ | 0 pts |
PIK reverts to cash pay; the mark holds
PIK reverts to cash pay; the mark holds
Rank 45.5: consequence 4, commercial 3, timeliness 4, novelty 5, confidence 4, magnitude 1, affected 1, actionability 3
Family: pik added or increased · public · computed today
Not yet on record: historical lift, median warning.
Buyer classes for this family: Private credit lenders, PE sponsors, Special situations funds, Restructuring advisers.