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
A••••• S•••••••• P•••••••• I••
Chemicalsgroup grade Aoff every schedule since Mar 31, 2025sponsor unattributed
Also written as: Zep Inc.
Nothing material in the last 200 days. Last change: 31 Mar 2025, $102M principal held by 3 lenders; matures Oct 2028.
Mark path, consensus per quarter end
96¢ · 98¢ · 99¢ · 99¢ · 99¢Q1 2024 to Q1 2025
Where each lender marks it on the first lien term loan, 0 points apart
99¢99¢
Principal held
at least $102M
sum of BDC pieces, a lower bound
Fair value
$101M
99c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Oct 2, 2028
no dated debt inside 24 months
On the tape since
Sep 30, 2023
latest Mar 31, 2025
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Mar 31, 2025, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| G•••••• S•••• B••• I••• | $52.4M | 99¢ | 0 pts |
| S••••• C•••••• H••••••• L•• | $34.4M | 99¢ | 0 pts |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | $15.2M | 99¢ | 0 pts |
Every BDC piece · 3 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••••• S•••• B••• I••• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• C•••••••• I••••••• R••• 8.30% R•••••••• R••• and S•• | $52.4M | $51.9M 99c | SOFR+400 bp |
| S••••• C•••••• H••••••• L•• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• R••• 8.30% R•••••••• R••• and S••••• S + 4.00% M•••• | $34.4M | $34.1M 99c | SOFR+400 bp |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• C•••••••• I••••••• R••• 8.30% R•••••••• R••• and S•• | $15.2M | $15.1M 99c | SOFR+400 bp |
Capital structure as the BDCs see it
latest quarter end Mar 31, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Mar 31, 2025 | at least $102M | 99c | SOFR+400 bp | Oct 2, 2028 | 3 |
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 | 3 | $102M | $101M | 99c | 0 |
| Dec 31, 2024 | 3 | $102M | $101M | 99c | 0 |
| Sep 30, 2024 | 3 | $103M | $102M | 99c | 0 |
| Jun 30, 2024 | 3 | $103M | $101M | 98c | 0 |
All 7 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Mar 31, 2024 | 3 | $103M | $99.0M | 96c | 0 |
| Dec 31, 2023 | 3 | $172M | $162M | 94c | 0 |
| Sep 30, 2023 | 3 | $103M | $97.4M | 94c | 0 |
What changed
- Facility left every BDC scheduleMar 31, 2025
- New borrower on a BDC scheduleSep 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
- A••••• S•••••••• P•••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Chemicalsreportedas one filer wrote it