Reading the graph
Reading the graph
7 BDC lenders hold $120M of funded debt at cost; no sponsor bridged. Borrowers this screen flags reached non-accrual at 5.36x the population rate within a year, median warning 142 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.
A••••••• P••••••• M••••••••• I•• · borrower
a detector's reading of facts over time and relationships; a reading, not a fact
DFX product: Credit Attention / portfolio monitor
Consensus lender mark moved from 91 to 86 cents on cost at 2025-09-30
Why now: State NEW at the 2025-09-30 quarter end, readable when the filing landed on 2025-11-14. An earlier reading: the 2026-06-30 reading of the same borrower is the current one.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | $102M | 91¢ | -3 pts |
| A••• C•••••• C••• | $84.6M | 68¢ | -17 pts |
| A••• S•••••••• I••••• F••• | $45.6M | 69¢ | -18 pts |
| N•• M••••••• F•••••• C••• | $26.5M | 95¢ | +1 pts |
| N•• M••••••• P•••••• C••••• F••• | $11.5M | 95¢ | +1 pts |
subsequent lender marks recover materially; the borrower refinances; the flagged facility is repaid
subsequent lender marks recover materially; the borrower refinances; the flagged facility is repaid
Rank 51.5: consequence 5, commercial 4, timeliness 1, novelty 1, confidence 4, magnitude 2, affected 5, actionability 4, measured lift 5.36; an earlier reading, a newer one supersedes it
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| T• R••• P•••• O•• S••••• P•••••• C••••• F••• | $9.16M | 95¢ | -2 pts |
| B••••••••• S•••••• L•••••• F••• | $5.46M | 91¢ | -3 pts |
Buyer classes for this family: Private credit lenders, PE sponsors, Special situations funds, Restructuring advisers, LPs and allocators.
Family: tranche markdown 5pt · sellable · computed today