DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
F••••••• B•• L•••••• C•••
Business development companymanaged by F••••••• B•• L•••••• A••••••• L•••••No longer on the SEC BDC reportNon-tradedLatest schedule Sep 30, 2023· NEW YORK, NY
A non-traded business development company, managed by F••••••• B•• L•••••• A••••••• L•••••, holding $3.7B across 308 borrowers at Sep 30, 2023.
Composed from this BDC's filings and its latest schedule of investments.
As of · the latest schedule of investments read for this BDC
- Fair value
- $3.7B
- Borrowers
- 308
- Mark on cost
- 96.1¢
- First lien
- 31%
Schedule of investments, 10-Q and 10-K
Schedule of investments, 10-Q and 10-K
Schedule of investments, 10-Q and 10-K
Schedule of investments, 10-Q and 10-K
As of · the latest schedule of investments read for this BDC
Nothing material in the last 200 days. Last change: 30 Sep 2023, 1 borrower on non-accrual, $11.9M principal; the largest is A•••• A••••••••• L•• ($11.9M).
Every headline figure, and the identifiersCIK 1490927 · file 814-00821ShowHide
Fair value
$3.7B
as of Sep 30, 2023
Principal held
$3.5B
debt pieces, the filer's figure
Cost
$4.1B
96c on cost, debt pieces
Unfunded
$217M
commitments not yet drawn
Positions
606
308 borrowers
First lien
31%
94% debt by fair value
Quarters on the tape
7
since Dec 31, 2020
Facilities held
0
0 sponsors financed
Portfolio through time
Fair value by quarter end$4.4B as of Sep 30, 2023
Dec 31, 2021$4.6B then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Sep 30, 2023 | $4.4B | 308 | 96c | 35 | 557 bp |
| Jun 30, 2023 | $4.5B | 312 | 96c | 31 | 561 bp |
| Mar 31, 2023 | $3.7B | 310 | 96c | 22 | 560 bp |
| Dec 31, 2022 | $6.3B | 317 | 95c | 34 | 540 bp |
All 8 quartersShow fewer
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Mar 31, 2022 | Not disclosed | 30 | n/a | 0 | n/a |
| Dec 31, 2021 | $4.6B | 339 | 99c | 26 | 557 bp |
| Jan 20, 2021 | Not disclosed | 1 | n/a | 0 | n/a |
| Dec 31, 2020 | Not disclosed | 38 | n/a | 0 | n/a |
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
- New borrower on a BDC scheduleSep 30, 2023
- New borrower on a BDC scheduleSep 30, 2023
- New borrower on a BDC scheduleSep 30, 2023
- New borrower on a BDC scheduleSep 30, 2023
- New borrower on a BDC scheduleSep 30, 2023
Full timeline · 20 eventsShow fewer
- New lender joined a facilitySep 30, 2023
- New lender joined a facilitySep 30, 2023
- New lender joined a facilitySep 30, 2023
- Marked down (one lender)Sep 30, 2023
- Marked down (one lender)Sep 30, 2023
- Marked down (one lender)Sep 30, 2023
- Marked down (one lender)Sep 30, 2023
- PIK interest increasedSep 30, 2023
- Spread increasedSep 30, 2023
- Spread increasedSep 30, 2023
- Spread increasedSep 30, 2023
- PIK interest appearsSep 30, 2023
- Spread increasedSep 30, 2023
- Spread increasedSep 30, 2023
- Maturity shortened (observed)Sep 30, 2023
Schedule of investments at Dec 31, 2021
708 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| Y••••••••• I••• F••• & B••••••• | unstated lien unstated | Not disclosed | $0 | ||
| N•••••• F•••••••• F••• C••• L••• 2••••••• S••• C••••••••• S••••••••• Structured finance (CLO) | unstated lien unstated | Not disclosed | $0 | ||
| U••••• B••••••••• L•• H••••••••• | unstated lien unstated | Not disclosed | $0 0c | ||
| M••• H•••••• L••• M••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| D••••• C••• L••• T••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| I••••••••• E••••••••• S••••••••• I••• | equity equity | Not disclosed | $0 | ||
| K••••• U• O•••• L•• | equity equity | Not disclosed | $0 | ||
| L••••••• H••••• H•••••••• I••• H••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| T•• D•••••• N••••••• L••• C••••••• | unstated lien unstated | Not disclosed | $0 0c | ||
| V•••••• M••••••• I••••••••• L•• | term loan second lien | Not disclosed | $0 | ||
| S•••• H•••••• C••••• T•••••• | unstated lien unstated | Not disclosed | $0 | ||
| T•• D•••••• N••••••• L•• | equity equity | Not disclosed | $0 | ||
| I••••••••• E••••••••• S••••••••• I••• | equity equity | Not disclosed | $0 | ||
| U••••• B••••••••• L•• H••••••••• | unstated lien unstated | Not disclosed | $0 0c | ||
| I••••••••• E••••••••• S••••••••• I••• I••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| N•• C••••••••• H••••••• I••• B••••••• Services | unstated lien unstated | Not disclosed | $0 0c | ||
| D••••• C••• L••• | equity equity | Not disclosed | $0 | ||
| V•••••• M••••••• I••••••••• L•• T••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| O•• G• H•••••••• L•• | equity equity | Not disclosed | $0 | ||
| V•••••• M••••••• I••••••••• L•• | equity equity | Not disclosed | $0 | ||
| V•••••• M••••••• I••••••••• L•• | equity equity | Not disclosed | $0 | ||
| V•••••• M••••••• I••••••••• L•• | equity equity | Not disclosed | $0 | ||
| O•• G• H•••••••• L•• B••••••• Services | unstated lien unstated | Not disclosed | $0 | ||
| W•••• L••• M••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| T•• D•••••• N••••••• L•• | equity equity | Not disclosed | $0 | ||
| M••• H•••••• L•• | equity equity | Not disclosed | $0 | ||
| I••••••••• E••••••••• S••••••••• I••• I••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| O••• F•••• L••• 2•••••• S••• L•••••• D••••••••• I••••••••• V••••••• | unstated lien unstated | Not disclosed | $0 0c | 0.00% | Mar 20, 2025 |
| W••••••••• L••• 2•••••• S••• L•••••• D••••••••• I••••••••• V••••••• | unstated lien unstated | $1.9M | $0 0c | 0.00% | May 1, 2026 |
| M•• A••••••••• C•••• | equity equity | Not disclosed | $0 | ||
| L••••••• H••••• H•••••••• I••• | equity equity | Not disclosed | $0 | ||
| U••••• B••••••••• L•• H••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| S•••••••• D••••••••• G••••• L•• H••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| M•• A••••••••• C•••• | equity equity | Not disclosed | $0 | ||
| I••••••• C••• | equity equity | Not disclosed | $0 | ||
| W•••• W••• T•••••• L•• F••• & B••••••• | unstated lien unstated | Not disclosed | $0 0c | ||
| M•• A••••••••• C•••• | term loan first lien | Not disclosed | $0 | ||
| K••••• U• O•••• L•• T••••••••• | unstated lien unstated | Not disclosed | $0 | 13.00% | |
| V•••••• M••••••• I••••••••• L•• T••••••••• | unstated lien unstated | Not disclosed | $0 0c | ||
| N•••••• F•••••••• F••• C••• L••• 2••••••• S••• D••••••••• I••••••••• V••••••• Structured finance (CLO) | unstated lien unstated | $31.6M | $0 0c | 0.00% | Jan 20, 2027 |
| W•••• L•• | equity equity | Not disclosed | $0 | ||
| V•••••• M••••••• I••••••••• L•• T••••••••• | unstated lien unstated | Not disclosed | $0 | ||
| U••••• B••••••••• L•• H••••••••• | unstated lien unstated | Not disclosed | $0 0c | ||
| A••• • A•••• H•••••••• I••• R••••• | unstated lien unstated | Not disclosed | $0 | ||
| V•••••• M••••••• I••••••••• L•• T••••••••• | unstated lien unstated | $3.6M | $0 0c | S+600 bp PIK 7.00% | Mar 21, 2024 |
| P•• B••••• I••• | revolver first lien | Not disclosed | Not disclosed | ||
| H••••• R•••• T••••••• L•• | unstated lien unstated | Not disclosed | Not disclosed | S+300 bp | Mar 20, 2028 |
| M•• A••••••••• H•••••••• L•• | unstated lien unstated | Not disclosed | Not disclosed | S+425 bp | Sep 1, 2028 |
| M••••••• A•••••••• G••••• I••• | unstated lien unstated | Not disclosed | Not disclosed | S+400 bp | Jul 24, 2028 |
| M•••••• B•••• I••••••••• L•• | unstated lien unstated | Not disclosed | Not disclosed | S+500 bp | Dec 1, 2028 |
| M•••• P•• P•••••••• L•• | revolver first lien | Not disclosed | Not disclosed | ||
| M••••••• W•••••• P••• | term loan first lien | Not disclosed | Not disclosed | ||
| G••••• B•••••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| M•••••• M••••••••• R••••••• G••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| T••••• L•••• I••• | revolver first lien | Not disclosed | Not disclosed | ||
| A••• G••••• P••••••••• L•• | revolver first lien | Not disclosed | Not disclosed | ||
| I••••••• C••• | equity equity | Not disclosed | Not disclosed | ||
| A••• C•••••• I••••••••• H•••••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| N•••••• L•• | revolver first lien | Not disclosed | Not disclosed | ||
| P•• A••••••••• L•• | subordinated debt unsecured or subordinated | Not disclosed | Not disclosed | ||
| G••• I••••••••• H•••••••• L•• | revolver first lien | Not disclosed | Not disclosed | ||
| I••••••••• E••••••••• S••••••••• I••• | term loan first lien | Not disclosed | Not disclosed | ||
| P••••••••• L•• | revolver first lien | Not disclosed | Not disclosed | ||
| R•• A••••••••• I••• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| S••••• G•••• H•••••••• L•• | revolver first lien | Not disclosed | Not disclosed | ||
| V•••••• M••••••• I••••••••• L•• | equity equity | Not disclosed | Not disclosed | ||
| M•••••••• M•••••• A••••••••• L• | unstated lien unstated | Not disclosed | Not disclosed | S+375 bp | Oct 18, 2028 |
| T•• D•••••• N••••••• L•• | term loan first lien | Not disclosed | Not disclosed | ||
| L••••••• H••••• H•••••••• I••• | equity equity | Not disclosed | Not disclosed | ||
| K••••• I•••••• O••• D••••••••• A••••••• C•••••• | equity equity | Not disclosed | Not disclosed | ||
| K••••• I•••••• O••• D••••••••• A••••••• C•••••• | equity equity | Not disclosed | Not disclosed | ||
| I••••••••• G••••• S•••••••• I••• | revolver first lien | Not disclosed | Not disclosed | ||
| T••• W••••• L•• •• | equity equity | Not disclosed | Not disclosed | ||
| P•••• B•••••••• A••••••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| P• N••••••• L•• | revolver first lien | Not disclosed | Not disclosed | ||
| M••• H•••••• L•• | equity equity | Not disclosed | Not disclosed | ||
| I••••••• C••• •• •• | equity equity | Not disclosed | Not disclosed | ||
| F••• | term loan lien unstated | Not disclosed | Not disclosed n/a | ||
| J•••• P••••••• I•• | equity equity | Not disclosed | Not disclosed | ||
| E••••• E•••••••• F••••••• L•• | subordinated debt unsecured or subordinated | Not disclosed | Not disclosed | ||
| C•• H•••••••• L•• | equity equity | Not disclosed | Not disclosed | ||
| A••••••• H•••••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| K••••• L•• | term loan first lien | Not disclosed | Not disclosed | ||
| H••••••••• I•••••••• A•••••• I••• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| J•••• P••••••• I••• | subordinated debt unsecured or subordinated | Not disclosed | Not disclosed | ||
| M•••• G••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| O••••• T••••••••• I••• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| L••••••• H••••• H•••••••• I••• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| T•••••• B••••• H•••••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| M• S•• I• L•• | unstated lien unstated | Not disclosed | Not disclosed | S+375 bp | Dec 31, 2031 |
| M••••••••• I••••••••• I••• | unstated lien unstated | Not disclosed | Not disclosed | S+650 bp | Mar 29, 2024 |
| A•••••• C•••• | equity equity | Not disclosed | Not disclosed | ||
| C••••••••• T••••••••• I••••••••• L•• | revolver first lien | Not disclosed | Not disclosed | ||
| E••••• E•••••••• F••••••• L•• | equity equity | Not disclosed | Not disclosed | ||
| I• I••••••••• H•••••••• L•• | revolver first lien | Not disclosed | Not disclosed | ||
| J•••• P••••••• I••• | term loan first lien | Not disclosed | Not disclosed | ||
| I•••• T••••• H•••••••• I••• | revolver first lien | Not disclosed | Not disclosed | ||
| K••••• I•••••• O••• D••••••••• A••••••• C•••••• | term loan first lien | Not disclosed | Not disclosed | ||
| T••••••••• I••• | equity equity | Not disclosed | Not disclosed | ||
| U• S••• I••••••••• L•• | revolver first lien | Not disclosed | Not disclosed |
Registration
- Fiscal year end
- 1231reported
- Incorporated
- MDreported
- On the SEC BDC report
- 2012 to 2023reported
- Filings listed
- 8reported10-Q and 10-K since 2022
- Former names
- Business Development Corp of Americareported
- Latest schedule
- 0001490927-23-000017reported