DFX Intelligence
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Borrower
A••••• G••••• I••
group grade Aoff every schedule since Dec 31, 2023sponsor unattributed
Also written as: Inc. 1; Inc. 2
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 101¢ · 101¢Q1 2023 to Q3 2023
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
Not disclosed
n/a on cost, debt pieces
Unfunded
$0
commitments not yet drawn
BDC lenders
7
5 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Dec 31, 2023
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2023, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B••• O•• C••••• I••••• C•••• | no principal filed | no cost filed | no comparable mark |
| B••• O•• C•••••• C••• | no principal filed | no cost filed | new this quarter |
| B••• O•• C•••••• C••• I• | no principal filed | no cost filed | no comparable mark |
| B••• O•• C•••••• C••• I•• | no principal filed | no cost filed | no comparable mark |
| B••• O•• T••••••••• F•••••• C•••• | no principal filed | no cost filed | no comparable mark |
Every BDC piece · 10 positions across 5 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• O•• C•••••• C••• | revolver first lien F•••• lien senior secured revolving loan | Not disclosed | Not disclosed | |
| B••• O•• C•••••• C••• | delayed draw term loan first lien F•••• lien senior secured delayed draw term loan | Not disclosed | Not disclosed | |
| B••• O•• C•••••• C••• I• | revolver first lien F•••• lien senior secured revolving loan | Not disclosed | Not disclosed | |
| B••• O•• C•••••• C••• I• | delayed draw term loan first lien F•••• lien senior secured delayed draw term loan | Not disclosed | Not disclosed | |
| B••• O•• C•••••• C••• I•• | delayed draw term loan first lien F•••• lien senior secured delayed draw term loan | Not disclosed | Not disclosed |
View all 10 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• O•• C•••••• C••• I•• | revolver first lien F•••• lien senior secured revolving loan | Not disclosed | Not disclosed | |
| B••• O•• C••••• I••••• C•••• | revolver first lien F•••• lien senior secured revolving loan | Not disclosed | Not disclosed | |
| B••• O•• C••••• I••••• C•••• | delayed draw term loan first lien F•••• lien senior secured delayed draw term loan | Not disclosed | Not disclosed | |
| B••• O•• T••••••••• F•••••• C•••• | revolver first lien F•••• lien senior secured revolving loan | Not disclosed | Not disclosed | |
| B••• O•• T••••••••• F•••••• C•••• | delayed draw term loan first lien F•••• lien senior secured delayed draw term loan | Not disclosed | Not disclosed |
Capital structure as the BDCs see it
latest quarter end Dec 31, 2023
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Sep 30, 2023 | at least $267M | 101c | S+575 bp | Dec 1, 2027 | 6 |
| first lien delayed draw term loan first lien exited Dec 31, 2023 | unknown | n/a | unstated | 5 | |
| first lien revolver first lien exited Dec 31, 2023 | unknown | n/a | unstated | 5 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2023 | 5 | $0 | $0 | n/a | 0 |
| Sep 30, 2023 | 6 | $267M | $267M | 101c | 0 |
| Jun 30, 2023 | 7 | $467M | $467M | 101c | 0 |
| Mar 31, 2023 | 6 | $433M | $429M | 100c | 0 |
All 5 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2022 | 5 | $0 | $0 | n/a | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2023
- Facility left every BDC scheduleDec 31, 2023
- Facility left every BDC scheduleSep 30, 2023
- New lender joined a facilityJun 30, 2023
- New borrower on a BDC scheduleDec 31, 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
- ADENZAderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 7 BDCsderived