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
K•••••• A•••••••••
Independent Power and Renewable Electricity Producersgroup grade Boff every schedule since Sep 30, 2024sponsor unattributed
Also written as: K•••••• 360 Inc; LLC First and
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 103¢ · 100¢ · 100¢ · 101¢Q3 2023 to Q3 2024
Principal held
at least $14.2M
sum of BDC pieces, a lower bound
Fair value
$14.2M
101c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
May 2, 2025
$14.2M inside 24 months
On the tape since
Sep 30, 2022
latest Sep 30, 2024
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Sep 30, 2024, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| P••••• S••••• C•••••• B•• I••• | $14.2M | 101¢ | new this quarter |
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| P••••• S••••• C•••••• B•• I••• | term loan first lien F•••• L••• S••••• S•••••• I••••••• I••••••••• P•••• and R•••••••• E••••••••• P•••••••• I•• | $14.2M | $14.2M 101c | S+425 bp |
Capital structure as the BDCs see it
latest quarter end Sep 30, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Sep 30, 2024 | at least $14.2M | 101c | S+425 bp | May 2, 2025 | 1 |
| second lien term loan second lien exited Jun 30, 2024 | at least $2.0M | 100c | S+425 bp | Jun 2, 2025 | 1 |
| term loan lien unstated exited Sep 30, 2022 | at least $248,600 | 89c | 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, 2024 | 1 | $14.2M | $14.2M | 101c | 0 |
| Jun 30, 2024 | 1 | $2.0M | $2.0M | 100c | 0 |
| Mar 31, 2024 | 1 | $2.0M | $2.0M | 100c | 0 |
| Dec 31, 2023 | 1 | $5.9M | $5.8M | 103c | 0 |
All 7 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Sep 30, 2023 | 1 | $682,995 | $669,506 | 100c | 0 |
| Jun 30, 2023 | 1 | $158,494 | $152,427 | 99c | 0 |
| Sep 30, 2022 | 1 | $248,600 | $221,600 | 89c | 0 |
What changed
- Facility left every BDC scheduleSep 30, 2024
- Facility left every BDC scheduleJun 30, 2024
- New borrower on a BDC scheduleSep 30, 2022
- 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
- KESTRELderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 3 BDCsderived
- Industry
- Independent Power and Renewable Electricity Producersreportedas one filer wrote it