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
F••••••• L••
group grade Bon a schedule nowsponsor unattributed
What matters now
- 101¢ → 97¢consensus mark
Consensus mark 97¢ on cost, down from 101¢ a year ago, 100¢ last quarter.
Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.
Derived1 of 1 lender' own marks, weighted by principal
Mark path, consensus per quarter end
101¢ · 100¢ · 100¢ · 100¢ · 97¢Q2 2025 to Q2 2026
Principal held
at least $12.6M
sum of BDC pieces, a lower bound
Fair value
$12.1M
97c on cost, debt pieces
Unfunded
$23,000
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
1 equity pieces beside them
Next maturity
Jun 20, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2023
latest Jun 30, 2026
Events
7
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| T•• T••• B•••• C•••••• I••••• F••• | $12.6M | 97¢ | -3 pts |
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| T•• T••• B•••• C•••••• I••••• F••• | term loan first lien F•••• lien senior secured term loan | $10.3M | $9.9M 97c | S+215 bp PIK 3.35% |
| T•• T••• B•••• C•••••• I••••• F••• | revolver first lien F•••• lien senior secured revolving loan | $2.3M | $2.2M 97c | S+215 bp PIK 3.35% |
| T•• T••• B•••• C•••••• I••••• F••• | unstated lien unstated | Not disclosed | Not disclosed |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $10.3M | 97c | S+215 bp PIK 3.35% | Jun 20, 2029 | 1 |
| first lien revolver first lien | at least $2.3M | 97c | S+215 bp PIK 3.35% | Jun 20, 2029 | 1 |
| first lien delayed draw term loan first lien exited Mar 31, 2025 | at least $14.1M | n/a | S+550 bp | Jun 20, 2029 | 1 |
Equity pieces beside the debt: other (Not disclosed fair value, 1 BDC)
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, 2026 | 1 | $12.6M | $12.1M | 97c | 2 |
| Mar 31, 2026 | 1 | $12.6M | $12.3M | 100c | 2 |
| Dec 31, 2025 | 1 | $25.0M | $23.8M | 100c | 4 |
| Sep 30, 2025 | 1 | $12.4M | $11.5M | 100c | 2 |
All 10 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $12.3M | $11.5M | 101c | 2 |
| Mar 31, 2025 | 1 | $26.4M | $11.9M | 100c | 0 |
| Dec 31, 2024 | 1 | $26.4M | $11.2M | 100c | 0 |
| Sep 30, 2024 | 1 | $26.5M | $9.6M | 100c | 0 |
| Jun 30, 2024 | 1 | $26.5M | $9.6M | 100c | 0 |
| Dec 31, 2023 | 1 | $0 | $0 | n/a | 0 |
What changed
- PIK interest appearsJun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Spread changed (observed)Jun 30, 2025
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
Full timeline · 9 eventsShow fewer
- PIK interest appearsJun 30, 2025
- Facility left every BDC scheduleMar 31, 2025
- Spread changed (observed)Dec 31, 2024
- New borrower on a BDC scheduleDec 31, 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
- FASTLAPderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived