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 $396,000. Evidence class: fact; source BDC schedules of investments (Inline XBRL, InvestmentIdentifierAxis).
S••••• A••••• I•• · borrower
observed in a filing or announcement; the statement is the source's
DFX product: Credit Attention / amendments
S••••• A••••• I•• delayed draw: PIK interest rose from 3.75% to 9.28%
Why now: Dated 2026-06-30 (filing); first seen by DFX 2026-09-15.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| N••••• C•••••••• D••••• L•••••• C•••• | $8.48M | 42¢ | -34 pts |
| B•••••• C•••••• I••••••••• C••• | $2.18M | 44¢ | -20 pts |
| B•••••• P•••••• C••••• C••• | $2.18M | 44¢ | -20 pts |
| B•••••• B••• I••• | $2.18M | 44¢ | -20 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.
Buyer classes for this family: Private credit lenders, PE sponsors, Special situations funds, Restructuring advisers.