DFX Intelligence
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Borrower
V••••• H•••••••• L••
Retail Security 1st Lien, Secured Loangroup grade Bon a schedule nowsponsor unattributed
Also written as: LLC Fifth Amendment; LLC Fifth Amendment Incremental; LLC Fourth Amendment; V•••••
Principal held
at least $1.3M
sum of BDC pieces, a lower bound
Fair value
$1.3M
99c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Mar 31, 2029
no dated debt inside 24 months
On the tape since
Mar 31, 2025
latest Jun 30, 2026
Events
4
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 $1.3M | 99c | SOFR+375 bp | Mar 31, 2029 | 1 |
| term loan lien unstated exited Dec 31, 2025 | at least $5.1M | 100c | SOFR+375 bp | Mar 30, 2029 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••• E•• C•••••• C•••• | term loan first lien I••••••• R••••• S••••••• 1st L•••, S•••••• L••• I••••••• R••• 3M S••• + 3.75% (7.48%) I••• | $1.3M | $1.3M 99c | SOFR+375 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 | 1 | $1.3M | $1.3M | 99c | 0 |
| Mar 31, 2026 | 1 | $1.3M | $1.3M | 99c | 0 |
| Dec 31, 2025 | 2 | $6.5M | $6.5M | 100c | 0 |
| Sep 30, 2025 | 2 | $6.5M | $6.6M | 100c | 0 |
| Jun 30, 2025 | 1 | $5.2M | $5.2M | 100c | 0 |
| Mar 31, 2025 | 2 | $6.5M | $6.5M | 99c | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2025
- Spread changed (observed)Sep 30, 2025
- Spread changed (observed)Sep 30, 2025
- New borrower on a BDC scheduleMar 31, 2025
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- VICTRAderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- Retail Security 1st Lien, Secured Loanreportedas one filer wrote it