DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
Borrower
L•• G••• H•••••••• I••
Leisure, Amusement, Motion Pictures, Entertainmentgroup grade Aon a schedule nowsponsor unattributed
Also written as: 2025; 25; 31; 4Wall Entertainment, Inc.; Inc. - FOTL; Inc. - Funded; Inc. - Incremental TL; Inc. - Incremental TL Acquisitions 7
Principal held
at least $48.9M
sum of BDC pieces, a lower bound
Fair value
$60.4M
88c on cost, debt pieces
Unfunded
$580,000
commitments not yet drawn
BDC lenders
4
4 on the latest quarter
Facilities
3
2 equity pieces beside them
Next maturity
Jul 31, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
18
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 $48.0M | 88c | SOFR+594 bp PIK 9.58% | Jul 31, 2029 | 4 |
| first lien revolver first lien | at least $854,000 | 100c | SOFR+250 bp PIK 6.15% | Jul 31, 2029 | 2 |
| revolver lien unstated | unknown | n/a | unstated | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| C••• I••••••••• C••• | term loan first lien First Lien Term Loan 1 | Non-Controlled, Affiliated Investments | n/a | $13.6M | |
| C••• I••••••••• C••• | term loan first lien Senior Secured First Lien Debt | $580,000 | $-11,000 15c | |
| C••• I••••••••• C••• | term loan first lien Senior Secured First Lien Debt | $16.5M | $13.6M 83c | S+594 bp |
| C••• I••••••••• C••• | revolver lien unstated Revolving Loan | Non-Controlled, Affiliated Investments | n/a | $133,000 | |
| C••• I••••••••• C••• | term loan first lien Senior Secured First Lien Debt | n/a | n/a | 9.58% PIK 3.44% |
| C••• I••••••••• C••• | term loan first lien Senior Secured First Lien Debt | $147,000 | $144,000 98c | S+594 bp |
| C••• I••••••••• C••• | term loan first lien Senior Secured First Lien Debt | $5.3M | $5.2M 102c | S+594 bp |
| C••• I••••••••• C••• | unstated lien unstated | n/a | n/a | |
| C••• I••••••••• C••• | term loan first lien First Lien Term Loan 2 | Non-Controlled, Affiliated Investments | n/a | $5.2M | |
| M••••• A••••• I••••••••• P•••••• L•••••• | equity equity Investment Type Common Equity - Stock | n/a | n/a | |
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien First Lien Secured Debt Acquisition 7/31/2025 Maturity 7/31/2029 Industry Capital Equipmen | $2.5M | $2.5M 101c | SOFR+594 bp |
| P••••••••• F••••••• R••• C•••••• L••• | revolver first lien First Lien Secured Debt Revolver Acquisition 7/31/2025 Maturity 7/31/2029 Industry Capital | $563,000 | $0 | 0.00% |
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien First Lien Secured Debt Acquisition 7/31/2025 Maturity 7/31/2029 Industry Capital Equipmen | $8.2M | $6.9M 84c | SOFR+594 bp |
| P••••••••• F••••••• R••• C•••••• L••• | revolver first lien First Lien Secured Debt Revolver Acquisition 7/31/2025 Maturity 7/31/2029 Industry Capital | $142,000 | $142,000 100c | SOFR+250 bp |
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien First Lien Secured Debt Acquisition 7/31/2025 Maturity 7/31/2029 Industry Capital Equipmen | $2.7M | $2.7M 101c | SOFR+594 bp |
| P••••••••• F••••••• R••• C•••••• L••• | term loan first lien First Lien Secured Debt Acquisition 7/31/2025 Maturity 7/31/2029 Industry Capital Equipmen | $7.8M | $6.5M 84c | SOFR+594 bp |
| P••••••••• I••••••••• C••• | term loan first lien First Lien Secured Debt Acquisition 07/31/25 Maturity 07/31/29 Industry Leisure, Amusement | $2.3M | $2.0M 84c | SOFR+594 bp |
| P••••••••• I••••••••• C••• | revolver first lien First Lien Secured Debt Revolver Acquisition 2/26/2020 Maturity 7/31/2029 Industry Leisure | $119,000 | $0 | 0.00% |
| P••••••••• I••••••••• C••• | term loan first lien First Lien Secured Debt Acquisition 2/26/2020 Maturity 7/31/2029 Industry Leisure, Amuseme | $331,000 | $331,000 101c | SOFR+594 bp PIK 9.58% |
| P••••••••• I••••••••• C••• | revolver first lien First Lien Secured Debt Revolver Acquisition 2/26/2020 Maturity 7/31/2029 Industry Leisure | $30,000 | $30,000 100c | SOFR+250 bp PIK 6.15% |
| P••••••••• I••••••••• C••• | term loan first lien First Lien Secured Debt Term Loan Acquisition 2/26/2020 Maturity 7/31/2029 Industry Leisur | $1.0M | $879,000 84c | SOFR+594 bp PIK 9.58% |
| P••••••••• I••••••••• C••• | term loan first lien First Lien Secured Debt Acquisition 07/31/25 Maturity 07/31/29 Industry Leisure, Amusement | $742,000 | $742,000 101c | SOFR+594 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 | 4 | $48.9M | $60.4M | 128c | 4 |
| Mar 31, 2026 | 4 | $52.9M | $64.0M | 125c | 5 |
| Dec 31, 2025 | 4 | $92.6M | $141M | 159c | 4 |
| Sep 30, 2025 | 4 | $63.7M | $81.9M | 134c | 9 |
| Jun 30, 2025 | 3 | $76.3M | $59.6M | 79c | 1 |
| Mar 31, 2025 | 3 | $74.8M | $63.3M | 86c | 1 |
| Dec 31, 2024 | 3 | $69.5M | $67.1M | 97c | 4 |
| Sep 30, 2024 | 3 | $146M | $144M | 99c | 0 |
| Jun 30, 2024 | 3 | $68.4M | $67.9M | 99c | 0 |
| Mar 31, 2024 | 3 | $68.5M | $67.9M | 99c | 0 |
| Dec 31, 2023 | 3 | $68.6M | $67.6M | 99c | 3 |
| Sep 30, 2023 | 3 | $102M | $102M | 100c | 6 |
| Jun 30, 2023 | 3 | $61.4M | $61.0M | 100c | 2 |
| Mar 31, 2023 | 3 | $61.6M | $60.7M | 100c | 2 |
| Dec 31, 2022 | 1 | $32.4M | $31.9M | 99c | 0 |
| Sep 30, 2022 | 3 | $80.4M | $78.6M | 98c | 2 |
| Dec 31, 2021 | 1 | $31.0M | $29.3M | 96c | 0 |
What changed
- PIK interest increasedJun 30, 2026
- PIK interest increasedJun 30, 2026
- Marked down across lendersMar 31, 2026
- Lender left a facilityMar 31, 2026
- New lender joined a facilityMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Mark recoveredSep 30, 2025
- Maturity extended (observed)Sep 30, 2025
- Maturity extended (observed)Sep 30, 2025
- New lender joined a facilitySep 30, 2025
- PIK interest appearsSep 30, 2025
- PIK interest appearsSep 30, 2025
- Maturity extended (observed)Sep 30, 2025
- Maturity extended (observed)Sep 30, 2025
- Maturity extended (observed)Sep 30, 2025
- Maturity extended (observed)Sep 30, 2025
- Marked down across lendersJun 30, 2025
- Marked down (one lender)Jun 30, 2025
- PIK interest appearsJun 30, 2025
- Marked down across lendersMar 31, 2025
- Marked down across lendersMar 31, 2025
- Marked down (one lender)Mar 31, 2025
- Marked down (one lender)Mar 31, 2025
- Marked down (one lender)Mar 31, 2025
- PIK interest appearsDec 31, 2024
- PIK interest appearsDec 31, 2024
- PIK interest appearsDec 31, 2024
- PIK interest appearsDec 31, 2024
- Maturity extended (observed)Mar 31, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- LAV GEARderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived
- Industry
- Leisure, Amusement, Motion Pictures, Entertainmentreportedas one filer wrote it