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.
Borrower
P••••••• I••••••••• S••••••• F•••• a••
group grade Aoff every schedule since Dec 31, 2023sponsor unattributed
Nothing material in the last 200 days. Last change: 31 Dec 2023, $2.97M principal held by 1 lender; matures May 2027.
Mark path, consensus per quarter end
99¢ · 100¢ · 100¢Q2 2023 to Q4 2023
Principal held
at least $3.0M
sum of BDC pieces, a lower bound
Fair value
$3.0M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
May 24, 2027
no dated debt inside 24 months
On the tape since
Jun 30, 2023
latest Dec 31, 2023
Events
3
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2023, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| K•••••• L•••• C•••••• C• | $2.97M | 100¢ | 0 pts |
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| K•••••• L•••• C•••••• C• | term loan second lien S••••• L••• D••• S••• S••••• 5.25% I••••••• R••• 10.72% Due 5/24/2027 | $989,080 | $984,135 100c | S+525 bp |
| K•••••• L•••• C•••••• C• | term loan second lien S••••• L••• D••• L•••• S••••• 5.25% I••••••• R••• 10.72% Due 5/24/2027 | $989,080 | $984,135 100c | S+525 bp |
| K•••••• L•••• C•••••• C• | term loan second lien S••••• L••• D••• O••••••• P••••••• D••• 2/1/2023 L•••• S••••• 5.25% I••••••• R••• 10.72% D | $989,080 | $984,135 100c | S+525 bp |
Capital structure as the BDCs see it
latest quarter end Dec 31, 2023
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| second lien term loan second lien exited Dec 31, 2023 | at least $3.0M | 100c | S+525 bp | May 24, 2027 | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1 | $3.0M | $3.0M | 100c | 0 |
| Sep 30, 2023 | 1 | $991,810 | $988,091 | 100c | 0 |
| Jun 30, 2023 | 1 | $994,540 | $977,762 | 99c | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2023
- Maturity extended (observed)Dec 31, 2023
- Maturity extended (observed)Dec 31, 2023
- New borrower on a BDC scheduleJun 30, 2023
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- PARTICLE S A R L FIRST ANDderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived