DFX Intelligence
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Borrower
F••• A••••••••• C••••••• I••
Packaginggroup grade Aoff every schedule since Dec 31, 2023sponsor unattributed
Also written as: Paper &
Principal held
at least $2.5M
sum of BDC pieces, a lower bound
Fair value
$2.5M
103c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
3
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Apr 13, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Dec 31, 2023
Events
2
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Dec 31, 2023
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated exited Dec 31, 2023 | at least $2.5M | 103c | S+418 bp | Apr 13, 2029 | 3 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| F••••••• B•• C•••••• C••• | unstated lien unstated | $2.5M | $2.5M 103c | S+418 bp |
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 | 1 | $2.5M | $2.5M | 103c | 0 |
| Sep 30, 2023 | 1 | $2.5M | $2.4M | 101c | 0 |
| Jun 30, 2023 | 1 | $2.5M | $2.4M | 100c | 0 |
| Mar 31, 2023 | 1 | $2.5M | $2.4M | 100c | 0 |
| Dec 31, 2022 | 1 | $5.0M | $4.7M | 97c | 0 |
| Dec 31, 2021 | 2 | $24.6M | $24.5M | 100c | 0 |
What changed
- New lender joined a facilityDec 31, 2023
- Lender left a facilityDec 31, 2023
- Facility left every BDC scheduleDec 31, 2023
- New borrower on a BDC scheduleDec 31, 2021
- Lender left a facilityDec 31, 2021
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- F••• A•••••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Packagingreportedas one filer wrote it