DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
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Borrower
T••• P•••••••• L••
Principal held
at least $35.3M
sum of BDC pieces, a lower bound
Fair value
$31.8M
100c on cost, debt pieces
Unfunded
$0
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
2
1 equity pieces beside them
Next maturity
Apr 22, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
8
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 $31.4M | 100c | S+475 bp | Apr 22, 2030 | 2 |
| first lien revolver first lien | at least $3.9M | 100c | S+375 bp | Apr 22, 2030 | 2 |
Equity pieces beside the debt: other (n/a fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| T•• T••• B•••• C•••••• I••••• F••• | term loan first lien First lien senior secured term loan | $31.4M | $31.2M 100c | S+475 bp |
| T•• T••• B•••• C•••••• I••••• F••• | revolver first lien First lien senior secured revolving loan | $3.9M | $582,000 100c | S+375 bp |
| T•• T••• B•••• C•••••• I••••• F••• | unstated lien unstated | n/a | n/a | |
| T•• T••• B•••• C•••••• I••••• F••• | unstated lien unstated | n/a | n/a |
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 | $35.3M | $31.8M | 100c | 0 |
| Mar 31, 2026 | 1 | $35.4M | $32.0M | 100c | 0 |
| Dec 31, 2025 | 1 | $71.0M | $62.6M | 100c | 0 |
| Sep 30, 2025 | 1 | $35.6M | $31.4M | 100c | 0 |
| Jun 30, 2025 | 1 | $35.7M | $31.8M | 100c | 0 |
| Mar 31, 2025 | 1 | $2.1M | $1.9M | 100c | 0 |
| Dec 31, 2024 | 1 | $2.1M | $1.8M | 100c | 0 |
| Sep 30, 2024 | 1 | $2.1M | $1.8M | 100c | 0 |
| Jun 30, 2024 | 1 | $2.1M | $1.8M | 100c | 0 |
| Mar 31, 2024 | 1 | $2.1M | $1.8M | 100c | 0 |
| Dec 31, 2023 | 1 | $2.1M | $1.8M | 100c | 0 |
| Sep 30, 2023 | 1 | $2.1M | $1.8M | 100c | 0 |
| Mar 31, 2023 | 1 | $2.1M | $1.8M | 101c | 0 |
| Dec 31, 2022 | 2 | $2.1M | $1.8M | 101c | 0 |
What changed
- Spread changed (observed)Mar 31, 2026
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Mar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Spread changed (observed)Mar 31, 2025
- Spread increasedMar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Spread changed (observed)Mar 31, 2024
- New borrower on a BDC scheduleDec 31, 2022
Sponsor
- L•• C•••••• M••••••••• L•••
- the sponsor's own portfolio page lists a company of this nameestimatedlcnpartners.com"portfolio card on https://www.lcnpartners.com/portfolio/: T••• P••••••• | Acquired 2020"
- M•• P•••••••
- the sponsor's own portfolio page lists a company of this nameestimatedmpepartners.com"listed on https://www.mpepartners.com/portfolio/: T••• P••••••• (/portfolio/teel-plastics/)"
Identity
- Group key
- TEEL PLASTICSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived