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
Z••••••• I••••••••• F•••• S• S••••••
Softwaregroup grade Aoff every schedule since Mar 31, 2024sponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
-$9,111
n/a on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Dec 21, 2027
no dated debt inside 24 months
On the tape since
Sep 30, 2023
latest Mar 31, 2024
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Mar 31, 2024, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B•••••••• D••••• L•••••• C•••• | no principal filed | no cost filed | no comparable mark |
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••••• D••••• L•••••• C•••• | revolver lien unstated R••••••• Ref S•••(M) F•••• 0.75% S••••• 2.10% C••• + 5% PIK T•••• C••••• 12.43% M••••••• 1 | Not disclosed | -$9,111 329c | S+210 bp PIK 5.00% |
Capital structure as the BDCs see it
latest quarter end Mar 31, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| revolver lien unstated exited Mar 31, 2024 | unknown | n/a | S+210 bp PIK 5.00% | Dec 21, 2027 | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Mar 31, 2024 | 1 | $0 | -$9,111 | 329c | 1 |
| Dec 31, 2023 | 1 | $0 | -$10,889 | -369c | 1 |
| Sep 30, 2023 | 1 | $0 | -$10,889 | -347c | 0 |
What changed
- PIK interest increasedMar 31, 2024
- Facility left every BDC scheduleMar 31, 2024
- PIK interest increasedMar 31, 2024
- PIK interest appearsDec 31, 2023
- PIK interest appearsDec 31, 2023
Full timeline · 6 eventsShow fewer
- New borrower on a BDC scheduleSep 30, 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
- Z••••••• I••••••••• F•••• S• S••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Softwarereportedas one filer wrote it