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 $21M. Evidence class: fact; source BDC schedules of investments (Inline XBRL, InvestmentIdentifierAxis).
T••••••• H•••••••• I•• · borrower
observed in a filing or announcement; the statement is the source's
DFX product: Credit Attention / amendments
T••••••• H•••••••• I•• term loan: PIK interest of 10.39% appears (was cash pay)
Why now: Dated 2026-06-30 (filing); first seen by DFX 2026-09-19.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| H•• C•••••••• L•••••• F••• | $223M | 101¢ | 0 pts |
| T• R••• P•••• O•• S••••• P•••••• C••••• F••• | $16.9M | 102¢ | 0 pts |
| H•• C•••••••• C•••••• S•••••••• F••• | $13.6M | 101¢ | new this quarter |
| O•• S••••• P•••••• L•••••• F••• •• L•• | $4.28M | 101¢ | 0 pts |
PIK reverts to cash pay; the mark holds
PIK reverts to cash pay; the mark holds
Rank 47.5: consequence 4, commercial 3, timeliness 4, novelty 5, confidence 4, magnitude 2, 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.