DFX Intelligence
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Borrower
Q••••••••
Softwaregroup grade Aoff every schedule since Sep 30, 2024sponsor W••• M••••••••• C••••••••• carried
Principal held
at least $16.9M
sum of BDC pieces, a lower bound
Fair value
$16.8M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
5
3 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Oct 2, 2028
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Sep 30, 2024
Events
4
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Sep 30, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated exited Sep 30, 2024 | at least $11.9M | 100c | S+400 bp | Oct 2, 2028 | 3 |
| first lien term loan first lien exited Sep 30, 2024 | at least $5.0M | 101c | S+400 bp | Oct 2, 2028 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| F•••• E•••• P•••••• C••••• F••• | term loan first lien F•••• L••• D••• R•••••••• R••• and S••••• S + 4.00%, I••••••• R••• F•••• 0.00%, I••••••• R | $5.0M | $5.0M 101c | S+400 bp |
| N••••• C•••••••• D••••• L•••••• C•••• | unstated lien unstated | $6.3M | $6.3M 100c | S+400 bp |
| N••••• C•••••••• P•••••• C•••••• I••••• F••• | unstated lien unstated | $5.6M | $5.6M 100c | S+400 bp |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Sep 30, 2024 | 3 | $16.9M | $16.8M | 100c | 0 |
| Jun 30, 2024 | 3 | $16.9M | $16.9M | 100c | 0 |
| Mar 31, 2024 | 3 | $17.0M | $16.9M | 100c | 0 |
| Dec 31, 2023 | 1 | $3.8M | $3.8M | 100c | 0 |
| Sep 30, 2023 | 2 | $9.4M | $9.4M | 101c | 0 |
| Jun 30, 2023 | 2 | $9.4M | $9.4M | 101c | 0 |
| Mar 31, 2023 | 1 | $7.5M | $7.5M | 101c | 0 |
| Dec 31, 2022 | 2 | $9.4M | $9.4M | 101c | 0 |
| Dec 31, 2021 | 1 | $7.5M | $7.5M | 101c | 0 |
What changed
- Facility left every BDC scheduleSep 30, 2024
- Lender left a facilitySep 30, 2024
- Lender left a facilitySep 30, 2024
- Facility left every BDC scheduleSep 30, 2024
- New lender joined a facilityMar 31, 2024
- New lender joined a facilityMar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- New lender joined a facilityMar 31, 2024
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
- W••• M••••••••• C•••••••••
- the sponsor's own portfolio page lists a company of this nameestimatedwcas.com"••• Locked"
- W•• M••••••••• C•••••••••
- the sponsor's own portfolio page lists a company of this nameestimatedwcas.com"••• Locked"
- V•••• E••••• P••••••• M••••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedvistaequitypartners.com"••• Locked"
Identity
- Group key
- QUICKBASEderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 5 BDCsderived
- Industry
- Softwarereportedas one filer wrote it