DFX Intelligence
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Borrower
B•••••• E••• C•• 2••••• D••
Structured finance (CLO)group grade Aoff every schedule since Mar 31, 2023sponsor unattributed
Also written as: CLO
Nothing material in the last 200 days. No dated change on record yet.
Principal held
at least $1.0M
sum of BDC pieces, a lower bound
Fair value
$1.0M
120c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Oct 28, 2034
no dated debt inside 24 months
On the tape since
Mar 31, 2023
latest Mar 31, 2023
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Mar 31, 2023, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| O•••••• S•••••••• C••••• F••• | $1M | 120¢ as filed, not counted | new this quarter |
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| O•••••• S•••••••• C••••• F••• | notes lien unstated N•••• | $1.0M | $1.0M 120c | S+803 bp |
Capital structure as the BDCs see it
latest quarter end Mar 31, 2023
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| notes lien unstated exited Mar 31, 2023 | at least $1.0M | 120c | S+803 bp | Oct 28, 2034 | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Mar 31, 2023 | 1 | $1.0M | $1.0M | 120c | 0 |
What changed
- New borrower on a BDC scheduleMar 31, 2023
- Facility left every BDC scheduleMar 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
- BARINGS EURO CLO 2022 1derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Structured finance (CLO)reportedas one filer wrote it