DFX Intelligence
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Borrower
R••••• M••••• I••
Health Care Providers & Servicesgroup grade Aoff every schedule since Dec 31, 2024sponsor unattributed
Nothing material in the last 200 days. Last change: 31 Dec 2024, Consensus mark 103¢ on cost, up from 100¢ a year ago, 101¢ last quarter.
Mark path, consensus per quarter end
100¢ · 100¢ · 102¢ · 101¢ · 103¢Q4 2023 to Q4 2024
Where each lender marks it on the first lien term loan, 0 points apart
103¢103¢
Principal held
at least $95.7M
sum of BDC pieces, a lower bound
Fair value
$128M
103c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Jan 31, 2026
$95.7M inside 24 months
On the tape since
Dec 31, 2023
latest Dec 31, 2024
Events
3
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2024, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| S•• I••••••••• C•••• | $81.9M | 103¢ | +2 pts |
| S•• H• B•• L•• | $7.66M | 103¢ | +2 pts |
| S•• P•••••• C••••• B•• I• L•• | $6.1M | 103¢ | +2 pts |
Every BDC piece · 10 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S•• I••••••••• C•••• | term loan first lien | F•••• L••• B••• D•••/S••••• S•••••• L•••• | 12/18/2023 | 1/31/2026 | $27.3M | $27.8M 103c | SOFR+575 bp |
| S•• I••••••••• C•••• | term loan first lien | F•••• L••• B••• D•••/S••••• S•••••• L•••• | 12/18/2023 | 1/31/2026 | $27.3M | $27.8M 103c | S+575 bp |
| S•• I••••••••• C•••• | term loan first lien | F•••• L••• B••• D•••/S••••• S•••••• L•••• | 12/2023 | 1/2026 | $27.3M | $27.8M 103c | SOFR+575 bp |
| S•• H• B•• L•• | term loan first lien B••• D•••/S••••• S•••••• L•••• | 12/2023 | 1/2026 | $3.8M | $3.9M 103c | SOFR+575 bp |
| S•• H• B•• L•• | term loan first lien B••• D•••/S••••• S•••••• L•••• | 12/18/2023 | 1/31/2026 | $3.8M | $3.9M 103c | SOFR+575 bp |
View all 10 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S•• P•••••• C••••• B•• I• L•• | term loan first lien B••• D•••/S••••• S•••••• L•••• — 241.8% | 12/2023 | 1/2026 | $3.1M | $3.1M 103c | S+575 bp |
| S•• P•••••• C••••• B•• I• L•• | term loan first lien B••• D•••/S••••• S•••••• L•••• — 241.8% | 12/18/2023 | 1/31/2026 | $3.1M | $3.1M 103c | S+575 bp |
| S•• I••••••••• C•••• | unstated lien unstated 1/31/26 | Not disclosed | $10.1M 103c | S+575 bp |
| S•• I••••••••• C•••• | unstated lien unstated 1/2026 | Not disclosed | $10.1M 103c | SOFR+575 bp |
| S•• I••••••••• C•••• | unstated lien unstated 1/31/2026 | Not disclosed | $10.1M 103c | SOFR+575 bp |
Capital structure as the BDCs see it
latest quarter end Dec 31, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Dec 31, 2024 | at least $95.7M | 103c | SOFR+575 bp | Jan 31, 2026 | 3 |
| other lien unstated exited Dec 31, 2024 | unknown | 103c | SOFR+575 bp | Jan 31, 2026 | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2024 | 3 | $95.7M | $97.6M | 103c | 0 |
| Sep 30, 2024 | 3 | $34.3M | $34.3M | 101c | 0 |
| Jun 30, 2024 | 3 | $34.3M | $34.3M | 102c | 0 |
| Mar 31, 2024 | 3 | $25.8M | $25.3M | 100c | 0 |
All 5 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2023 | 3 | $69.0M | $67.6M | 100c | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2024
- Facility left every BDC scheduleDec 31, 2024
- New lender joined a facilityMar 31, 2024
- New borrower on a BDC scheduleDec 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
- RETINAderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Health Care Providers & Servicesreportedas one filer wrote it