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 $161M. Evidence class: fact; source BDC schedules of investments (Inline XBRL, InvestmentIdentifierAxis).
N••••••• E•••••• W••• P••••• H•••••• L•• · borrower
observed in a filing or announcement; the statement is the source's
DFX product: Credit Attention / amendments
N••••••• E•••••• W••• P••••• H•••••• L•• term loan: PIK interest of 3.25% appears (was cash pay)
Why now: Dated 2026-06-30 (filing); first seen by DFX 2026-09-15.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| G•••• C•••••• P•••••• C••••• F••• | $92.7M | 100¢ | -1 pts |
| G•••• C•••••• B•• 4• I••• | $33.1M | 100¢ | -1 pts |
| J•••••••• C••••• P••••••• B•• I••• | $25.9M | 99¢ | -2 pts |
| G•••• C•••••• B••• I••• | $19.2M | 100¢ | 0 pts |
| G•••• C•••••• D••••• L•••••• C••• | $10.7M | 100¢ | -1 pts |
PIK reverts to cash pay; the mark holds
PIK reverts to cash pay; the mark holds
Rank 49.5: consequence 4, commercial 3, timeliness 4, novelty 5, confidence 4, magnitude 3, affected 1, actionability 3
Family: pik added or increased · public · computed today
Not yet on record: historical lift, median warning.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| S••••• C••••• I••••••••• L•• | $6.31M | 100¢ | -1 pts |
| G•••• C•••••• D••••• L•••••• U•••••••• C••• | $5.55M | 100¢ | -1 pts |
Buyer classes for this family: Private credit lenders, PE sponsors, Special situations funds, Restructuring advisers.