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
T•••••••• T•••••• L••
Metals & Mininggroup grade Aoff every schedule since Dec 31, 2022sponsor unattributed
Nothing material in the last 200 days. Last change: 31 Dec 2022, Consensus mark 101¢ on cost, up from 93¢ in Q4 2021, 100¢ last quarter.
Mark path, consensus per quarter end
93¢ · 100¢ · 101¢Q4 2021 to Q4 2022
Where each lender marks it on the first lien term loan, 0 points apart
101¢101¢
Principal held
at least $24.8M
sum of BDC pieces, a lower bound
Fair value
$24.6M
101c on cost, debt pieces
Unfunded
$776,000
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Jan 13, 2023
$24.8M inside 24 months
On the tape since
Dec 31, 2021
latest Dec 31, 2022
Events
5
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2022, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| C•••••• S•••••• L••••••• I••• | $16.5M | 101¢ | +1 pts |
| C•••••• C••••• S••••••••• I••• | $8.25M | 101¢ | new this quarter |
| C•••••• S•••••• L•••••• I•• | $3K | 150¢ as filed, not counted | new this quarter |
Every BDC piece · 7 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| C•••••• C••••• S••••••••• I••• | term loan first lien F•••• L••• | $8.3M | $8.2M 101c | S+835 bp |
| C•••••• S•••••• L••••••• I••• | term loan first lien F•••• L••• | $8.3M | $8.2M 101c | S+835 bp |
| C•••••• S•••••• L••••••• I••• | term loan first lien F•••• L••• D••• | $8.3M | $8.2M 101c | S+835 bp |
| C•••••• S•••••• L•••••• I•• | term loan first lien F•••• L••• D••• | $3,000 | $3,000 150c | S+835 bp |
| C•••••• C••••• S••••••••• I••• | revolver second lien F•••• and S••••• L••• R••••••• | Not disclosed | Not disclosed |
View all 7 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| C•••••• S•••••• L•••••• I•• | revolver second lien F•••• and S••••• L••• R••••••• | Not disclosed | Not disclosed | |
| C•••••• S•••••• L••••••• I••• | revolver second lien F•••• and S••••• L••• D••• R••••••• | Not disclosed | Not disclosed |
Capital structure as the BDCs see it
latest quarter end Dec 31, 2022
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Dec 31, 2022 | at least $24.8M | 101c | S+835 bp | Jan 13, 2023 | 3 |
| second lien revolver second lien exited Dec 31, 2022 | unknown | n/a | unstated | 3 |
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, 2022 | 3 | $24.8M | $24.6M | 101c | 0 |
| Sep 30, 2022 | 1 | $6.9M | $6.8M | 100c | 0 |
| Dec 31, 2021 | 1 | $2.2M | $2.1M | 93c | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2022
- Maturity extended (observed)Dec 31, 2022
- Maturity extended (observed)Dec 31, 2022
- Facility left every BDC scheduleDec 31, 2022
- Mark recoveredSep 30, 2022
Full timeline · 6 eventsShow fewer
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- T•••••••• T••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Metals & Miningreportedas one filer wrote it