DFX Intelligence
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Borrower
L•• • C••• E••••••••• I••
group grade Aoff every schedule since Sep 30, 2022sponsor unattributed
Also written as: L•• • C••• E••••••••• I•• dba Lou & C••• Lounge; Lou & C••• Lounge
Nothing material in the last 200 days. No dated change on record yet.
Principal held
at least $206,200
sum of BDC pieces, a lower bound
Fair value
$232,700
113c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Sep 30, 2022
Events
1
dated, non-routine
Lender marks
each lender's own fair value over cost at Sep 30, 2022, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| N••••••••• I••• | $206K | 113¢ as filed, not counted | no comparable mark |
Every BDC piece · 2 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| N••••••••• I••• | term loan lien unstated T••• L•••, U••••••••• A•••••• | $105,700 | $119,300 113c | S+275 bp |
| N••••••••• I••• | term loan lien unstated T••• L•••, U••••••••• A•••••• | $100,500 | $113,400 113c | S+275 bp |
Capital structure as the BDCs see it
latest quarter end Sep 30, 2022
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| term loan lien unstated exited Sep 30, 2022 | at least $206,200 | 113c | S+275 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, 2022 | 1 | $206,200 | $232,700 | 113c | 0 |
| Dec 31, 2021 | 1 | $209,200 | $236,200 | 113c | 0 |
What changed
- Facility left every BDC scheduleSep 30, 2022
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- LOU AND CHOOderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived