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 $1M. Evidence class: fact; source BDC schedules of investments (Inline XBRL, InvestmentIdentifierAxis).
A••• P•• H•••••••• I•• · borrower
observed in a filing or announcement; the statement is the source's
DFX product: Credit Attention / amendments
A••• P•• H•••••••• I•• revolver: PIK interest rose from 0.15% to 3.00%
Why now: Dated 2026-06-30 (filing); first seen by DFX 2026-09-16.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| M••••• S•••••• D••••• L•••••• F••• | $48M | 56¢ | -9 pts |
| B•• I••••••••• C••• | $5.94M | 74¢ | -1 pts |
| B• P••••••• L•••••• C••• | $195K | 152¢ as filed, not counted | new this quarter |
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.