Reading the graph
Reading the graph
2 BDC lenders hold $12M of funded debt at cost; sponsor W••••••• C•••••• M••••••••• L•• through the 40-of-40 name bridge. Borrowers this screen flags reached non-accrual at 5.89x 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.
R•••••• N••• L•••••• L•• · 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 30 to 23 cents on cost at 2025-09-30, the 4th consecutive quarter the screen fired
Why now: State INTENSIFIED at the 2025-09-30 quarter end, readable when the filing landed on 2025-11-12.
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B•••••• B••• I••• | $10M | 24¢ | -10 pts |
| C••••••• C•••••• B••• I••• | $2.96M | 20¢ | -7 pts |
the next quarter's consensus mark recovers; the facility is repaid or refinanced
the next quarter's consensus mark recovers; the facility is repaid or refinanced
Rank 57.0: consequence 5, commercial 5, timeliness 2, novelty 4, confidence 4, magnitude 1, affected 4, actionability 4, measured lift 5.89
Buyer classes for this family: Private credit lenders, PE sponsors, Special situations funds, Restructuring advisers, LPs and allocators.
Family: tranche markdown intensified · sellable · computed today