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
C•••••• T•••••• I••
Services: Businessgroup grade Aoff every schedule since Jun 30, 2025sponsor unattributed
Also written as: Business T••••• Management; Corporate; Inc. Equity
Nothing material in the last 200 days. Last change: 30 Jun 2025, Consensus mark 104¢ on cost, down from 109¢ in Q1 2025.
Mark path, consensus per quarter end
109¢ · 104¢Q1 2025 to Q2 2025
Principal held
at least $3.0M
sum of BDC pieces, a lower bound
Fair value
$4.2M
123c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
4
1 on the latest quarter
Facilities
3
2 equity pieces beside them
Next maturity
May 8, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2025
Events
14
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 |
|---|---|---|---|
| R•••••• E••••••• I••••• F•••• L• | $2.95M | 104¢ | -5 pts |
Every BDC piece · 5 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| R•••••• E••••••• I••••• F•••• L• | term loan second lien S••••• L••• S•••••• D••• Investment T••• S••••• L••• S•••••• D••• F•••• 0.00% I••••••• R•• | $2.2M | $2.3M 104c | PIK 15.00% |
| R•••••• E••••••• I••••• F•••• L• | term loan second lien S••••• L••• S•••••• D••• Investment T••• S••••• L••• S•••••• D••• F•••• 0.00% I••••••• R•• | $384,000 | $712,000 185c | PIK 18.50% |
| R•••••• E••••••• I••••• F•••• L• | term loan second lien S••••• L••• S•••••• D••• Investment T••• S••••• L••• S•••••• D••• F•••• 0.00% I••••••• R•• | $326,000 | $604,000 185c | PIK 18.50% |
| R•••••• E••••••• I••••• F•••• L• | equity equity Investment T••• Equity - C••••• S•••• | Not disclosed | Not disclosed | |
| R•••••• E••••••• I••••• F•••• L• | preferred equity equity Investment T••• Equity - P•••••••• Equity | Not disclosed | $596,000 72c |
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 Dec 31, 2023 | at least $13.8M | 93c | SOFR+660 bp | Dec 18, 2026 | 1 |
| notes lien unstated exited Sep 30, 2023 | at least $11.3M | 7c | S+850 bp | Nov 19, 2026 | 1 |
| second lien term loan second lien exited Jun 30, 2025 | at least $3.0M | 123c | PIK 18.50% | May 8, 2029 | 1 |
Equity pieces beside the debt: equity (Not disclosed fair value, 1 BDC), preferred equity ($596,000 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, 2025 | 1 | $3.0M | $3.6M | 123c | 3 |
| Mar 31, 2025 | 1 | $2.6M | $3.1M | 120c | 3 |
| Dec 31, 2024 | 1 | $4.2M | $4.8M | 115c | 2 |
| Sep 30, 2024 | 1 | $2.0M | $2.3M | 115c | 1 |
All 13 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2024 | 1 | $1.9M | $2.2M | 115c | 0 |
| Mar 31, 2024 | 1 | $1.9M | $2.1M | 115c | 1 |
| Dec 31, 2023 | 1 | $15.5M | $14.5M | 95c | 1 |
| Sep 30, 2023 | 1 | $13.0M | $2.5M | 21c | 1 |
| Jun 30, 2023 | 4 | $19.6M | $10.7M | 58c | 0 |
| Mar 31, 2023 | 4 | $19.6M | $15.3M | 83c | 0 |
| Dec 31, 2022 | 4 | $22.5M | $19.0M | 90c | 0 |
| Sep 30, 2022 | 1 | $6.0M | $5.2M | 91c | 0 |
| Dec 31, 2021 | 1 | $6.0M | $6.2M | 109c | 0 |
What changed
- Facility left every BDC scheduleJun 30, 2025
- PIK interest increasedMar 31, 2025
- PIK interest increasedMar 31, 2025
- PIK interest appearsSep 30, 2024
- PIK interest appearsSep 30, 2024
Full timeline · 27 eventsShow fewer
- Marked down across lendersDec 31, 2023
- Facility left every BDC scheduleDec 31, 2023
- Marked down (one lender)Dec 31, 2023
- New lender joined a facilitySep 30, 2023
- Marked down across lendersSep 30, 2023
- Facility left every BDC scheduleSep 30, 2023
- Mark recoveredSep 30, 2023
- Marked down (one lender)Sep 30, 2023
- Marked down across lendersJun 30, 2023
- Marked down across lendersJun 30, 2023
- Marked down (one lender)Jun 30, 2023
- Marked down (one lender)Jun 30, 2023
- Marked down (one lender)Jun 30, 2023
- Marked down across lendersMar 31, 2023
- Marked down across lendersMar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- New lender joined a facilityDec 31, 2022
- Marked down across lendersSep 30, 2022
- Marked down (one lender)Sep 30, 2022
- 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
- C•••••• T•••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived
- Industry
- Services: Businessreportedas one filer wrote it