DFX Intelligence
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Borrower
D•• S••••••• L••
Personal Productsgroup grade Aoff every schedule since Jun 30, 2025sponsor not established · possible relationship
Also written as: LLC - Unfunded; LLC Funded
Nothing material in the last 200 days. Last change: 30 Jun 2025, $67.7M principal held by 2 lenders; matures Aug 2027.
Mark path, consensus per quarter end
101¢ · 101¢ · 101¢ · 101¢ · 101¢Q2 2024 to Q2 2025
Where each lender marks it on the first lien term loan, 1 point apart
100¢101¢
Principal held
at least $67.7M
sum of BDC pieces, a lower bound
Fair value
$62.0M
101c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Aug 31, 2027
no dated debt inside 24 months
On the tape since
Sep 30, 2022
latest Jun 30, 2025
Events
3
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2025, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| P••••••••• F••••••• R••• C•••••• L••• | $34.5M | 101¢ | 0 pts |
| P••••••••• I••••••••• C••• | $33.2M | 100¢ | 0 pts |
Every BDC piece · 5 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| P••••••••• I••••••••• C••• | term loan first lien F•••• L••• S•••••• D••• M••••••• 08/31/27 I••••••• P••••••• and N••••••••• C••••••• P••••• | $30.9M | $30.9M 100c | SOFR+535 bp |
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien F•••• L••• S•••••• D••• M••••••• 8/31/2027 I••••••• P••••••• P••••••• C•••••• C••••• 9.65% | $16.7M | $16.7M 101c | SOFR+535 bp |
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien F•••• L••• S•••••• D••• M••••••• 8/31/2027 P••••••• P••••••• C•••••• C••••• 9.65% B•••• P• | $14.4M | $14.4M 101c | SOFR+535 bp |
| P••••••••• F••••••• R••• C•••••• L••• | revolver first lien F•••• L••• S•••••• D••• R••••••• M••••••• 8/31/2027 I••••••• P••••••• P••••••• | $3.4M | Not disclosed | S+535 bp |
| P••••••••• I••••••••• C••• | revolver first lien F•••• L••• S•••••• D••• R••••••• M••••••• 08/31/2027 I••••••• M•••• | $2.3M | Not disclosed | S+535 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Jun 30, 2025 | at least $62.0M | 101c | SOFR+535 bp | Aug 31, 2027 | 2 |
| first lien revolver first lien exited Jun 30, 2025 | at least $5.7M | n/a | S+535 bp | Aug 31, 2027 | 2 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 2 | $67.7M | $62.0M | 101c | 0 |
| Mar 31, 2025 | 2 | $67.9M | $62.2M | 101c | 0 |
| Dec 31, 2024 | 2 | $68.1M | $62.4M | 101c | 0 |
| Sep 30, 2024 | 2 | $191M | $180M | 101c | 0 |
All 11 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2024 | 2 | $43.4M | $43.4M | 101c | 0 |
| Mar 31, 2024 | 2 | $43.5M | $41.6M | 101c | 0 |
| Dec 31, 2023 | 2 | $41.6M | $35.9M | 101c | 0 |
| Sep 30, 2023 | 2 | $91.0M | $83.0M | 101c | 0 |
| Jun 30, 2023 | 2 | $46.0M | $37.9M | 100c | 0 |
| Mar 31, 2023 | 2 | $46.1M | $41.6M | 100c | 0 |
| Sep 30, 2022 | 2 | $73.3M | $60.7M | 100c | 0 |
What changed
- Facility left every BDC scheduleJun 30, 2025
- Facility left every BDC scheduleJun 30, 2025
- New borrower on a BDC scheduleSep 30, 2022
Sponsor
Possible relationship, not established: S••••• P•••••••• L•••, because a company of this name is on the sponsor's portfolio page (confidence 0.6). No deal announcement or filing names it as a party, so it is not shown as this borrower’s sponsor.
- S••••• P•••••••• L•••
- the sponsor's own portfolio page lists a company of this nameestimatedsummitpartners.com"••• Locked"
Identity
- Group key
- DR SQUATCHderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- Personal Productsreportedas one filer wrote it