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 $5M. Evidence class: fact; source BDC schedules of investments (Inline XBRL, InvestmentIdentifierAxis).
S••• G••••• L•••••••• N••••••• L•• · borrower
observed in a filing or announcement; the statement is the source's
DFX product: Credit Attention / amendments
S••• G••••• L•••••••• N••••••• L•• term loan: PIK interest rose from 10.82% to 13.67%
Why now: Dated 2026-06-30 (filing); first seen by DFX 2026-09-15.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | $60.6M | 100¢ | 0 pts |
| J•••••••• C••••• P••••••• B•• I••• | $4.13M | 104¢ | -1 pts |
| B••••••••• S•••••• L•••••• F••• | $3.2M | 100¢ | 0 pts |
| N••••• C•••••••• D••••• L•••••• C•••• | $2.55M | 69¢ | -12 pts |
| M••••• A••••• I••••••••• P•••••• L•••••• | $2.24M | 66¢ | -28 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.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| C••••••• C•••••• B••• I••• | $2.15M | 94¢ | -15 pts |
| S••••• C••••• I••••••••• L•• | $1.81M | 104¢ | -1 pts |
Buyer classes for this family: Private credit lenders, PE sponsors, Special situations funds, Restructuring advisers.