DFX Intelligence
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Borrower
E•• C••••••••• I••
Also written as: Flashpoint; Inc. IT Services Interest
Principal held
at least $32.4M
sum of BDC pieces, a lower bound
Fair value
$27.1M
89c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Jun 30, 2027
$32.4M inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
6
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 $32.4M | 89c | SOFR+772 bp PIK 3.53% | Jun 30, 2027 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S••••• C•••••• H••••••• L•• | term loan first lien 1st L•••/L••••••• U••••••••• R•••••••• R••• and S••••• S + 7.72%(I•••. 3.53% PIK) M••••••• | $28.5M | $23.8M 89c | SOFR+772 bp PIK 3.53% |
| S••••• C•••••• H••••••• L•• | term loan first lien 1st L•••/L••••••• U••••••••• R•••••••• R••• and S••••• S + 7.72% (I•••. 3.53% PIK) M•••••• | $3.9M | $3.3M 89c | SOFR+772 bp PIK 3.53% |
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 | $32.4M | $27.1M | 89c | 2 |
| Mar 31, 2026 | 1 | $32.4M | $27.6M | 88c | 2 |
| Dec 31, 2025 | 1 | $32.2M | $31.9M | 100c | 1 |
| Sep 30, 2025 | 1 | $32.0M | $31.7M | 100c | 2 |
| Jun 30, 2025 | 1 | $31.8M | $31.5M | 100c | 2 |
| Mar 31, 2025 | 1 | $31.6M | $31.3M | 100c | 2 |
| Dec 31, 2024 | 1 | $31.4M | $31.1M | 100c | 2 |
What changed
- Maturity approachingJun 30, 2027
- Maturity approachingJun 30, 2027
- Maturity approachingJun 30, 2027
- Marked down across lendersMar 31, 2026
- non accrual placedMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- New borrower on a BDC scheduleDec 31, 2024
Sponsor
- G•••••••• L•
- the sponsor's own portfolio page lists a company of this nameestimatedgreycroft.com"••• Locked"
Identity
- Group key
- E•• C•••••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- IT Servicesreportedas one filer wrote it