DFX Intelligence
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Borrower
C••••••••
Principal held
at least $35.2M
sum of BDC pieces, a lower bound
Fair value
$34.2M
98c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
1
3 equity pieces beside them
Next maturity
Oct 4, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
1
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| unsecured or subordinated subordinated debt unsecured or subordinated | at least $35.2M | 98c | S+1600 bp PIK 16.00% | Oct 4, 2030 | 2 |
Equity pieces beside the debt: warrants (n/a fair value, 2 BDCs), other (n/a fair value, 1 BDC), preferred equity ($10.1M fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• C•••••• P•••••• C••••• | subordinated debt unsecured or subordinated S••••••••• D••• S••••• 16.00% PIK I••••••• R••• 16.00% M••••••• D••• 10/4/2030 | $14.7M | $14.3M 98c | S+1600 bp PIK 16.00% |
| B••• C•••••• P•••••• C••••• | subordinated debt unsecured or subordinated S••••••••• D••• S••••• 16.00% PIK I••••••• R••• 16.00% M••••••• D••• 10/4/2030 One | $6.6M | $6.4M 98c | S+1600 bp PIK 16.00% |
| B••• C•••••• P•••••• C••••• | warrants equity W••••••• | $2,000 | n/a | |
| B••• C•••••• S•••••••• F••••••• I••• | subordinated debt unsecured or subordinated S••••••••• D••• S••••• 16.00% PIK I••••••• R••• 16.00% M••••••• D••• 10/4/2030 | $7.4M | $7.1M 98c | S+1600 bp PIK 16.00% |
| B••• C•••••• S•••••••• F••••••• I••• | unstated lien unstated A••••••••• D••• 10/4/2024 | n/a | n/a | |
| B••• C•••••• S•••••••• F••••••• I••• | warrants equity W••••••• | $1,000 | n/a | |
| B••• C•••••• S•••••••• F••••••• I••• | subordinated debt unsecured or subordinated S••••••••• D••• S••••• 16.00% PIK I••••••• R••• 16.00% M••••••• D••• 10/4/2030 One | $6.6M | $6.4M 98c | S+1600 bp PIK 16.00% |
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 | 2 | $35.2M | $34.2M | 98c | 4 |
| Mar 31, 2026 | 2 | $33.9M | $32.9M | 98c | 4 |
| Dec 31, 2025 | 2 | $45.5M | $45.5M | 101c | 6 |
| Sep 30, 2025 | 2 | $31.3M | $31.3M | 101c | 4 |
| Jun 30, 2025 | 2 | $23.8M | $23.8M | 101c | 4 |
| Mar 31, 2025 | 2 | $29.0M | $28.5M | 100c | 2 |
| Dec 31, 2024 | 2 | $0 | $0 | n/a | 0 |
What changed
- New borrower on a BDC scheduleDec 31, 2024
Sponsor
- C•••••••• C••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedcuadrillacapital.com"••• Locked"
Identity
- Group key
- CHARTBEATderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- High Tech Industriesreportedas one filer wrote it