DFX Intelligence
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Borrower
P•••••• C•••• H•••••••• L••
Beverage, Food & Tobaccogroup grade Aoff every schedule since Sep 30, 2025sponsor unattributed
Also written as: C••••; LLC One; LLC Type
Nothing material in the last 200 days. Last change: 30 Sep 2025, $24.1M principal held by 2 lenders; matures Mar 2028.
Mark path, consensus per quarter end
101¢ · 100¢ · 101¢ · 101¢ · 101¢Q3 2024 to Q3 2025
Principal held
at least $24.1M
sum of BDC pieces, a lower bound
Fair value
$23.9M
101c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
4
2 on the latest quarter
Facilities
5
0 equity pieces beside them
Next maturity
Mar 31, 2028
no dated debt inside 24 months
On the tape since
Jun 30, 2023
latest Sep 30, 2025
Events
12
dated, non-routine
Lender marks
each lender's own fair value over cost at Sep 30, 2025, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| O••• D••••• L•••••• B•• F••• | $12.2M | 101¢ | 0 pts |
| F•••• E•••• P•••••• C••••• F••• | $11.8M | 102¢ | +1 pts |
Every BDC piece · 5 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| O••• D••••• L•••••• B•• F••• | term loan lien unstated T••• L••• R•••••••• R••• and S••••• 1M S••• + 6.25% F•••• 1.00% I••••••• R••• 10.51% I•••• | $11.0M | $10.9M 101c | SOFR+625 bp |
| F•••• E•••• P•••••• C••••• F••• | term loan first lien F•••• L••• D••• R•••••••• R••• and S••••• S + 6.25% I••••••• R••• F•••• 1.00% I••••••• R•• | $10.4M | $10.4M 101c | SOFR+625 bp |
| F•••• E•••• P•••••• C••••• F••• | revolver first lien F•••• L••• D••• R•••••••) R••••• United S••••• R•••••••• R••• and S••••• S + 6.25% I•••••• | $1.4M | $1.4M 102c | SOFR+625 bp |
| O••• D••••• L•••••• B•• F••• | revolver lien unstated R•••••••• L••• R•••••••• R••• and S••••• 1M S••• + 6.25% F•••• 1.00% I••••••• R••• 10.51% | $1.2M | $1.2M 99c | SOFR+625 bp |
| O••• D••••• L•••••• B•• F••• | revolver lien unstated R••••••• | Not disclosed | Not disclosed | S+625 bp |
Capital structure as the BDCs see it
latest quarter end Sep 30, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| term loan lien unstated exited Sep 30, 2025 | at least $11.0M | 101c | SOFR+625 bp | Mar 31, 2029 | 1 |
| first lien term loan first lien exited Sep 30, 2025 | at least $10.4M | 101c | SOFR+625 bp | Mar 31, 2029 | 1 |
| first lien revolver first lien exited Sep 30, 2025 | at least $1.4M | 102c | SOFR+625 bp | Mar 31, 2029 | 1 |
| revolver lien unstated exited Sep 30, 2025 | at least $1.2M | 99c | SOFR+625 bp | Mar 31, 2028 | 1 |
| delayed draw term loan lien unstated exited Dec 31, 2024 | unknown | n/a | S+625 bp | unstated | 1 |
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, 2025 | 2 | $24.1M | $23.9M | 101c | 0 |
| Jun 30, 2025 | 2 | $24.1M | $23.9M | 101c | 0 |
| Mar 31, 2025 | 2 | $24.2M | $24.0M | 101c | 0 |
| Dec 31, 2024 | 3 | $38.0M | $37.4M | 100c | 0 |
All 10 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Sep 30, 2024 | 3 | $28.7M | $26.4M | 101c | 0 |
| Jun 30, 2024 | 3 | $26.7M | $26.4M | 101c | 0 |
| Mar 31, 2024 | 3 | $25.5M | $25.1M | 101c | 0 |
| Dec 31, 2023 | 3 | $43.0M | $42.4M | 100c | 0 |
| Sep 30, 2023 | 3 | $30.1M | $29.7M | 100c | 0 |
| Jun 30, 2023 | 2 | $28.1M | $15.5M | 99c | 0 |
What changed
- Facility left every BDC scheduleSep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
- Spread changed (observed)Dec 31, 2024
Full timeline · 15 eventsShow fewer
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Facility left every BDC scheduleDec 31, 2024
- Spread changed (observed)Sep 30, 2024
- Spread changed (observed)Jun 30, 2024
- Spread changed (observed)Mar 31, 2024
- New lender joined a facilityMar 31, 2024
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- New borrower on a BDC scheduleJun 30, 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
- CLOUDderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 4 BDCsderived
- Industry
- Beverage, Food & Tobaccoreportedas one filer wrote it