DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Borrower
S•••••• T••••••••• L••
Softwaregroup grade Aoff every schedule since Jun 30, 2024sponsor unattributed
Also written as: LLC Sr Secured
Principal held
at least $20.8M
sum of BDC pieces, a lower bound
Fair value
$20.2M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
3
1 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
May 1, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2024
Events
7
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Jun 30, 2024 | at least $20.8M | 100c | S+805 bp | May 1, 2029 | 3 |
| revolver lien unstated exited Mar 31, 2024 | at least $1.5M | 100c | S+615 bp | Jul 23, 2024 | 1 |
| first lien delayed draw term loan first lien exited Mar 31, 2024 | at least $1.1M | 102c | S+615 bp | Jul 23, 2024 | 2 |
| first lien revolver first lien exited Dec 31, 2023 | at least $266,667 | 100c | S+600 bp | Jul 23, 2024 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| H••••••• C••••••• I••• | term loan first lien Senior Secured, Maturity Date May 2029, 3-month SOFR + 8.05%, Floor rate 9.05% | $20.8M | $20.2M 100c | S+805 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, 2024 | 1 | $20.8M | $20.2M | 100c | 0 |
| Mar 31, 2024 | 1 | $27.3M | $27.1M | 100c | 0 |
| Dec 31, 2023 | 2 | $27.3M | $27.2M | 100c | 0 |
| Sep 30, 2023 | 2 | $27.3M | $27.1M | 100c | 0 |
| Jun 30, 2023 | 2 | $27.5M | $27.3M | 99c | 0 |
| Mar 31, 2023 | 2 | $27.5M | $27.2M | 99c | 0 |
| Dec 31, 2022 | 2 | $37.5M | $36.6M | 98c | 0 |
What changed
- Maturity extended (observed)Jun 30, 2024
- Facility left every BDC scheduleJun 30, 2024
- Spread changed (observed)Jun 30, 2024
- Lender left a facilityJun 30, 2024
- New lender joined a facilityJun 30, 2024
- Lender left a facilityMar 31, 2024
- Facility left every BDC scheduleMar 31, 2024
- Lender left a facilityMar 31, 2024
- Facility left every BDC scheduleMar 31, 2024
- Facility left every BDC scheduleDec 31, 2023
- New borrower on a BDC scheduleDec 31, 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
- SANDATA TECHNOLOGIESderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Softwarereportedas one filer wrote it