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
T••••••••• C••••••• L••
group grade Aoff every schedule since Jun 30, 2024sponsor unattributed
Also written as: LLC - Line of Credit
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 99¢ · 100¢ · 100¢ · 100¢Q2 2023 to Q2 2024
Principal held
at least $254,000
sum of BDC pieces, a lower bound
Fair value
$255,000
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
1 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Jun 30, 2023
latest Jun 30, 2024
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2024, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| G•••••••• C•••••• C••• | $254K | 100¢ | 0 pts |
Every BDC piece · 2 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••••••• C•••••• C••• | delayed draw term loan lien unstated T••• D••• | $254,000 | $255,000 100c | S+700 bp PIK 2.00% |
| G•••••••• C•••••• C••• | delayed draw term loan lien unstated | $0 | $0 | S+700 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated exited Jun 30, 2023 | at least $5.8M | 100c | S+700 bp | unstated | 1 |
| delayed draw term loan lien unstated exited Jun 30, 2024 | at least $254,000 | 100c | S+700 bp PIK 2.00% | unstated | 1 |
Equity pieces beside the debt: preferred equity ($620,000 fair value, 1 BDC)
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, 2024 | 1 | $254,000 | $255,000 | 100c | 1 |
| Mar 31, 2024 | 1 | $252,000 | $252,000 | 100c | 1 |
| Dec 31, 2023 | 1 | $7.4M | $7.4M | 100c | 0 |
| Sep 30, 2023 | 1 | $5.8M | $5.7M | 99c | 0 |
All 5 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2023 | 1 | $5.8M | $5.8M | 100c | 0 |
What changed
- Facility left every BDC scheduleJun 30, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- Facility left every BDC scheduleJun 30, 2023
- New borrower on a BDC scheduleJun 30, 2023
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- T••••••••• C••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived