A•• C••• C••••••••• L••: lender marks fell to 95 cents across 1 BDC lenders

Consensus lender mark moved from 100 to 95 cents on cost at 2023-06-30

Why now: State NEW at the 2023-06-30 quarter end, readable when the filing landed on 2023-08-09.

Buyer classes for this family: Private credit lenders, PE sponsors, Special situations funds, Restructuring advisers, LPs and allocators.

funded debt at cost held by BDC lenders

$54.2M known

basis KNOWN

State

New

Historical signal

2.38x subsequent non accrual rate vs population

median 139 days of warning

Lenders

1

Confidence

0.90

1 BDC lender(s) hold $54M of funded debt at cost; no sponsor bridged. Borrowers this screen flags reached non-accrual at 2.38x the population rate within a year, median warning 139.0 days (stage-6 harness, non-accrual outcome). Non-accrual is the lender's own determination, not a court's: this is a mark signal, not a default prediction.

subsequent lender marks recover materially; the borrower refinances; the flagged facility is repaid

DFX product: Credit Attention / portfolio monitor