DFX Intelligence
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Borrower
1••• F•••• T••••• L••
Principal held
at least $81.1M
sum of BDC pieces, a lower bound
Fair value
$59.9M
77c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
4
2 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Oct 31, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2023
latest Jun 30, 2026
Events
5
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 term loan first lien | at least $81.1M | 77c | SOFR+500 bp | Oct 31, 2031 | 3 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M•• I••••••••• C•••• | term loan first lien F•••• L••• D••• R•••••••• R••• and S••••• S + 5.00% I••••••• R••• F•••• 0.00% I••••••• R•• | $19.7M | $14.4M 77c | SOFR+500 bp |
| O•••••• S•••••••• C••••• F••• | term loan first lien F•••• L••• T••• L••• | $61.4M | $45.5M 77c | S+500 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 | 2 | $81.1M | $59.9M | 77c | 0 |
| Mar 31, 2026 | 2 | $81.4M | $67.2M | 86c | 0 |
| Dec 31, 2025 | 2 | $81.6M | $77.6M | 100c | 0 |
| Sep 30, 2025 | 2 | $81.9M | $80.1M | 103c | 0 |
| Jun 30, 2025 | 2 | $82.1M | $79.2M | 102c | 0 |
| Mar 31, 2025 | 2 | $82.4M | $79.4M | 102c | 0 |
| Dec 31, 2024 | 2 | $82.4M | $78.8M | 101c | 0 |
| Sep 30, 2024 | 1 | $7.8M | $7.7M | 101c | 0 |
| Jun 30, 2024 | 1 | $7.8M | $7.7M | 101c | 0 |
| Mar 31, 2024 | 1 | $7.8M | $7.6M | 100c | 0 |
| Dec 31, 2023 | 1 | $15.7M | $15.3M | 100c | 0 |
What changed
- Marked down across lendersJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Spread changed (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- Lender left a facilitySep 30, 2024
- New borrower on a BDC scheduleDec 31, 2023
Sponsor
- 4•• C••••••
- the sponsor's own portfolio page lists a company of this nameestimated4x4capital.com"••• Locked"
Identity
- Group key
- 1440 FOODSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived
- Industry
- Packaged F•••• & Meatsreportedas one filer wrote it