DFX Intelligence
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Borrower
S•••••• • G•••••••• I••
Electronicsgroup grade Aoff every schedule since Dec 31, 2024sponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 100¢ · 100¢ · 100¢Q4 2023 to Q3 2024
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
Not disclosed
n/a on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Sep 30, 2022
latest Dec 31, 2024
Events
13
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2024, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| P••••••••• I••••••••• C••• | no principal filed | no cost filed | no comparable mark |
Every BDC piece · 2 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| P••••••••• I••••••••• C••• | revolver first lien F•••• L••• S•••••• D••• R••••••• M••••••• 12/20/2024 I••••••• E••••••••• C•••••• C••••• 11 | Not disclosed | Not disclosed | S+660 bp |
| P••••••••• I••••••••• C••• | revolver first lien F•••• L••• S•••••• D••• R••••••• M••••••• 12/20/2024 I••••••• E••••••••• C•••••• C••••• 11 | Not disclosed | Not disclosed | S+660 bp |
Capital structure as the BDCs see it
latest quarter end Dec 31, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Sep 30, 2024 | at least $38.7M | 100c | SOFR+760 bp PIK 1.00% | Dec 20, 2024 | 2 |
| other lien unstated exited Mar 31, 2024 | at least $4.8M | 100c | S+750 bp | Dec 20, 2024 | 1 |
| first lien revolver first lien exited Dec 31, 2024 | unknown | n/a | S+660 bp | Dec 20, 2024 | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2024 | 1 | $0 | $0 | n/a | 0 |
| Sep 30, 2024 | 2 | $43.2M | $43.2M | 100c | 14 |
| Jun 30, 2024 | 2 | $14.6M | $14.2M | 100c | 4 |
| Mar 31, 2024 | 2 | $14.9M | $14.4M | 100c | 5 |
All 9 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2023 | 2 | $15.1M | $14.3M | 100c | 0 |
| Sep 30, 2023 | 2 | $30.3M | $27.9M | 98c | 1 |
| Jun 30, 2023 | 2 | $15.3M | $14.0M | 99c | 0 |
| Mar 31, 2023 | 2 | $15.2M | $15.1M | 102c | 0 |
| Sep 30, 2022 | 2 | $25.2M | $25.0M | 99c | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2024
- Facility left every BDC scheduleSep 30, 2024
- Spread changed (observed)Sep 30, 2024
- Spread increasedSep 30, 2024
- PIK interest appearsSep 30, 2024
Full timeline · 26 eventsShow fewer
- PIK interest appearsSep 30, 2024
- PIK interest appearsMar 31, 2024
- Facility left every BDC scheduleMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- Spread changed (observed)Dec 31, 2023
- Maturity shortened (observed)Dec 31, 2023
- Maturity extended (observed)Sep 30, 2023
- Spread changed (observed)Sep 30, 2023
- PIK interest appearsSep 30, 2023
- PIK interest appearsSep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Spread increasedJun 30, 2023
- Spread increasedJun 30, 2023
- Spread changed (observed)Mar 31, 2023
- Spread changed (observed)Mar 31, 2023
- Spread increasedMar 31, 2023
- Spread increasedMar 31, 2023
- New borrower on a BDC scheduleSep 30, 2022
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- SARGENT AND GREENLEAFderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- Electronicsreportedas one filer wrote it