DFX Intelligence
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Borrower
P••••• A••••••••• C•••
group grade Aoff every schedule since Dec 31, 2024sponsor unattributed
Also written as: P••••• A••••••••• Sub, Inc
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
4
1 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Sep 30, 2021
latest Dec 31, 2024
Events
4
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Dec 31, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Dec 31, 2023 | at least $25.5M | 101c | S+600 bp | Oct 8, 2026 | 3 |
| first lien revolver first lien exited Dec 31, 2023 | at least $75,000 | n/a | S+600 bp | Oct 8, 2026 | 2 |
Equity pieces beside the debt: preferred equity ($166,000 fair value, 1 BDC), other (Not disclosed fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| T•• T••• B•••• C•••••• I••••• F••• | unstated lien unstated | Not disclosed | Not disclosed |
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, 2024 | 1 | $0 | $0 | n/a | 0 |
| Sep 30, 2024 | 1 | $0 | $0 | n/a | 0 |
| Jun 30, 2024 | 1 | $0 | $0 | n/a | 0 |
| Mar 31, 2024 | 1 | $0 | $0 | n/a | 0 |
| Dec 31, 2023 | 2 | $25.6M | $25.5M | 101c | 0 |
| Sep 30, 2023 | 2 | $25.6M | $25.5M | 101c | 0 |
| Jun 30, 2023 | 1 | $24.6M | $24.7M | 101c | 0 |
| Mar 31, 2023 | 2 | $25.8M | $25.7M | 101c | 0 |
| Dec 31, 2022 | 3 | $25.8M | $25.7M | 101c | 0 |
| Sep 30, 2022 | 1 | $24.8M | $24.6M | 100c | 0 |
| Dec 31, 2021 | 1 | $25.0M | $24.8M | 100c | 0 |
| Sep 30, 2021 | 1 | $0 | $0 | n/a | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2023
- Lender left a facilityDec 31, 2023
- Lender left a facilityDec 31, 2023
- Lender left a facilityDec 31, 2023
- Facility left every BDC scheduleDec 31, 2023
- New lender joined a facilitySep 30, 2023
- New lender joined a facilityDec 31, 2022
- Spread changed (observed)Sep 30, 2022
- New borrower on a BDC scheduleSep 30, 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
- PENTECderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 4 BDCsderived