DFX Intelligence
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Borrower
M•••••••• M•••••• O••••••••• L••
Health Care Providers & Servicesgroup grade Aoff every schedule since Sep 30, 2024sponsor A•••••••• C•••••• P••••••• inferred
Nothing material in the last 200 days. Last change: 30 Sep 2024, $29.9M principal held by 3 lenders; matures Dec 2027.
Mark path, consensus per quarter end
100¢ · 100¢ · 101¢ · 100¢ · 100¢Q3 2023 to Q3 2024
Where each lender marks it on the first lien term loan, 1 point apart
100¢101¢
Principal held
at least $29.9M
sum of BDC pieces, a lower bound
Fair value
$25.1M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Dec 15, 2027
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Sep 30, 2024
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Sep 30, 2024, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| G•••••• S•••• B••• I••• | $12.3M | 100¢ | 0 pts |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | $11.1M | 100¢ | 0 pts |
| G•••••• S•••• M••••• M••••• L•••••• C•••• I• | $6.52M | 101¢ | 0 pts |
Every BDC piece · 7 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••••• S•••• B••• I••• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• H••••• C••• P•••••••• & Services I••••••• R••• 10.25 | $10.1M | $10.0M 100c | S+550 bp |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• H••••• C••• P•••••••• & Services I••••••• R••• 10.25 | $9.1M | $9.0M 100c | S+550 bp |
| G•••••• S•••• M••••• M••••• L•••••• C•••• I• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• H••••• C••• P•••••••• & Services I••••••• R••• 10.26 | $5.1M | $5.0M 101c | S+550 bp |
| G•••••• S•••• B••• I••• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• H••••• C••• P•••••••• & Services R•••••••• R••• and | $2.2M | -$22,000 92c | S+450 bp |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• H••••• C••• P•••••••• & Services R•••••••• R••• and | $2.0M | -$20,000 91c | S+450 bp |
View all 7 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••••• S•••• M••••• M••••• L•••••• C•••• I• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• H••••• C••• P•••••••• & Services I••••••• R••• 10.25 | $1.2M | $1.2M 100c | S+550 bp |
| G•••••• S•••• M••••• M••••• L•••••• C•••• I• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• H••••• C••• P•••••••• & Services R•••••••• R••• and | $259,000 | -$3,000 100c | S+450 bp |
Capital structure as the BDCs see it
latest quarter end Sep 30, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Sep 30, 2024 | at least $29.9M | 100c | S+550 bp | Dec 15, 2027 | 3 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Sep 30, 2024 | 3 | $29.9M | $25.1M | 100c | 0 |
| Jun 30, 2024 | 3 | $29.9M | $25.2M | 101c | 0 |
| Mar 31, 2024 | 3 | $30.0M | $26.0M | 101c | 0 |
| Dec 31, 2023 | 3 | $60.1M | $50.0M | 100c | 0 |
All 8 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Sep 30, 2023 | 3 | $30.1M | $25.7M | 100c | 0 |
| Jun 30, 2023 | 3 | $30.2M | $0 | n/a | 0 |
| Mar 31, 2023 | 3 | $19.1M | $0 | n/a | 0 |
| Dec 31, 2022 | 3 | $30.3M | $26.1M | 100c | 0 |
What changed
- Facility left every BDC scheduleSep 30, 2024
- New borrower on a BDC scheduleDec 31, 2022
Sponsor
- A•••••••• C•••••• P•••••••
- the sponsor's own portfolio page lists a company of this nameestimatedarlingtoncap.com"••• Locked"
Identity
- Group key
- M•••••••• M•••••• O•••••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Health Care Providers & Servicesreportedas one filer wrote it