DFX Intelligence
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Borrower
N••••• E••••• L• 1•••• 1•••• W••• S•• A••••••
E••••• Midstream Security Preferred Equitygroup grade Aoff every schedule since Jun 30, 2023sponsor unattributed
Also written as: TX 78257
Nothing material in the last 200 days. No dated change on record yet.
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
$162,000
n/a on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
0
1 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Mar 31, 2023
latest Jun 30, 2023
Events
1
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2023, folded to one row per lender
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••• E•• C•••••• C•••• | preferred equity equity I••••••• E••••• M•••••••• S••••••• P•••••••• Equity I••••••• R••• 3M L + 6.88%, 6.88% F••• | Not disclosed | $162,000 114c | S+688 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2023
No debt facility on the tape for this borrower; the BDC pieces are equity.
Equity pieces beside the debt: preferred equity ($162,000 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, 2023 | 1 | $0 | $0 | n/a | 0 |
| Mar 31, 2023 | 1 | $0 | $0 | n/a | 0 |
What changed
- New borrower on a BDC scheduleMar 31, 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
- NUSTAR ENERGY 1H WEST SAN ANTONIOderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- E••••• Midstream Security Preferred Equityreportedas one filer wrote it