DFX Intelligence
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Borrower
H•• K• H•••••••• E••••••••• I••
Household Durablesgroup grade Aon a schedule nowsponsor unattributed
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
$-5.9M
n/a on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
1 equity pieces beside them
Next maturity
Jun 30, 2028
no dated debt inside 24 months
On the tape since
Dec 31, 2023
latest Jun 30, 2026
Events
3
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien revolver first lien | unknown | n/a | SOFR+450 bp | Jun 30, 2028 | 1 |
| first lien term loan first lien exited Jun 30, 2025 | at least $4.0M | 106c | S+450 bp | Sep 30, 2029 | 1 |
Equity pieces beside the debt: other ($36.9M fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••••• D••• S•••••••• B•• | revolver first lien Investment T••• F•••• L••• S•••••• D••• - R••••••• I••••••• R••• S+450, 3.00% F•••• M••••• | Not disclosed | $-5.9M 107c | SOFR+450 bp |
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 | $0 | $-5.9M | 107c | 0 |
| Mar 31, 2026 | 1 | $0 | $-6.9M | 112c | 0 |
| Dec 31, 2025 | 1 | $0 | $-6.9M | 101c | 0 |
| Sep 30, 2025 | 1 | $0 | $-7.5M | 100c | 0 |
| Jun 30, 2025 | 1 | $4.0M | $2.2M | 40c | 0 |
| Mar 31, 2025 | 1 | $38.7M | $36.9M | 101c | 0 |
| Dec 31, 2024 | 1 | $28.6M | $23.0M | 107c | 0 |
| Sep 30, 2024 | 1 | $4.0M | $1.1M | 91c | 0 |
| Jun 30, 2024 | 1 | $4.0M | $1.0M | 132c | 0 |
| Mar 31, 2024 | 1 | $74.0M | $743,000 | 182c | 0 |
| Dec 31, 2023 | 1 | $0 | $0 | n/a | 0 |
What changed
- Facility left every BDC scheduleJun 30, 2025
- Marked down (one lender)Jun 30, 2025
- Marked down (one lender)Mar 31, 2025
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity shortened (observed)Sep 30, 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
- HOV K HOVNANIANderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Household Durablesreportedas one filer wrote it