DFX Intelligence
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Borrower
C•
Chemicalsgroup grade Aoff every schedule since Mar 31, 2025sponsor unattributed
Also written as: 428 SARL
Principal held
at least $3.7M
sum of BDC pieces, a lower bound
Fair value
$51,000
1c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Jan 3, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Mar 31, 2025
Events
2
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Mar 31, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated exited Mar 31, 2025 | at least $3.7M | 1c | S+400 bp | Jan 3, 2029 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| F••••••• B•• C•••••• C••• | unstated lien unstated | $3.7M | $51,000 1c | S+400 bp |
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, 2025 | 1 | $3.7M | $51,000 | 1c | 0 |
| Dec 31, 2024 | 1 | $3.7M | $51,000 | 1c | 0 |
| Sep 30, 2024 | 1 | $3.7M | $46,000 | 1c | 0 |
| Jun 30, 2024 | 1 | $3.7M | $1.1M | 30c | 0 |
| Mar 31, 2024 | 1 | $3.7M | $1.1M | 30c | 0 |
| Dec 31, 2023 | 1 | $3.7M | $2.4M | 66c | 0 |
| Sep 30, 2023 | 1 | $3.7M | $2.7M | 73c | 0 |
| Jun 30, 2023 | 1 | $3.7M | $2.7M | 73c | 0 |
| Mar 31, 2023 | 1 | $3.7M | $2.9M | 80c | 0 |
| Dec 31, 2022 | 1 | $7.4M | $6.6M | 90c | 0 |
| Dec 31, 2021 | 1 | $3.9M | $3.8M | 100c | 0 |
What changed
- Lender left a facilityMar 31, 2025
- Facility left every BDC scheduleMar 31, 2025
- Marked down (one lender)Sep 30, 2024
- Spread increasedJun 30, 2024
- Marked down (one lender)Mar 31, 2024
- New lender joined a facilityDec 31, 2023
- Marked down (one lender)Jun 30, 2023
- Marked down (one lender)Mar 31, 2023
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- CO., 428 SARLderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- Chemicalsreportedas one filer wrote it