DFX Intelligence
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Borrower
D••••• T•••••• I••
group grade Aoff every schedule since Dec 31, 2024sponsor unattributed
Also written as: Inc. 1; Leisure Products & Services; Lodging & Casinos; Lodging & Casinos Super; Super
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
$0
n/a on cost, debt pieces
Unfunded
$0
commitments not yet drawn
BDC lenders
3
2 on the latest quarter
Facilities
5
1 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2020
latest Dec 31, 2024
Events
16
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2024, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B•••••• P•••••• C••••• C••• | no principal filed | no cost filed | no comparable mark |
| C•••••• S•••••• L••••••• I••• | no principal filed | no cost filed | no comparable mark |
Every BDC piece · 4 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• P•••••• C••••• C••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | |
| C•••••• S•••••• L••••••• I••• | unstated lien unstated | Not disclosed | $0 | |
| C•••••• S•••••• L••••••• I••• | unstated lien unstated | Not disclosed | $0 | |
| C•••••• S•••••• L••••••• I••• | equity equity Inc. (Equity) | Not disclosed | $0 |
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 $173M | 101c | S+650 bp PIK 2.00% | Oct 2, 2025 | 3 |
| first lien delayed draw term loan first lien exited Dec 31, 2023 | at least $12.8M | 100c | S+615 bp PIK 2.00% | Oct 2, 2025 | 1 |
| second lien delayed draw term loan second lien exited Dec 31, 2023 | unknown | n/a | unstated | 1 | |
| delayed draw term loan lien unstated exited Dec 31, 2024 | unknown | n/a | unstated | 1 | |
| other lien unstated exited Dec 31, 2024 | unknown | n/a | unstated | 1 |
Equity pieces beside the debt: equity ($0 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 |
|---|---|---|---|---|---|
| Dec 31, 2024 | 2 | $0 | $0 | n/a | 0 |
| Sep 30, 2024 | 2 | $0 | $0 | n/a | 0 |
| Jun 30, 2024 | 2 | $0 | $0 | n/a | 0 |
| Mar 31, 2024 | 2 | $0 | $0 | n/a | 0 |
All 12 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2023 | 3 | $186M | $186M | 101c | 7 |
| Sep 30, 2023 | 3 | $128M | $128M | 101c | 2 |
| Jun 30, 2023 | 3 | $128M | $127M | 101c | 2 |
| Mar 31, 2023 | 3 | $127M | $126M | 101c | 0 |
| Dec 31, 2022 | 3 | $329M | $328M | 101c | 0 |
| Sep 30, 2022 | 2 | $119M | $114M | 97c | 0 |
| Dec 31, 2021 | 2 | $125M | $105M | 85c | 8 |
| Dec 31, 2020 | 1 | $0 | $0 | n/a | 0 |
What changed
- Facility left every BDC scheduleDec 31, 2024
- Facility left every BDC scheduleDec 31, 2024
- Spread changed (observed)Dec 31, 2023
- Facility left every BDC scheduleDec 31, 2023
- Facility left every BDC scheduleDec 31, 2023
Full timeline · 27 eventsShow fewer
- Spread changed (observed)Dec 31, 2023
- PIK interest appearsDec 31, 2023
- PIK interest appearsDec 31, 2023
- PIK interest appearsDec 31, 2023
- Facility left every BDC scheduleDec 31, 2023
- Spread changed (observed)Sep 30, 2023
- PIK interest appearsJun 30, 2023
- Spread changed (observed)Jun 30, 2023
- Spread changed (observed)Jun 30, 2023
- PIK interest appearsJun 30, 2023
- PIK interest appearsJun 30, 2023
- New lender joined a facilityDec 31, 2022
- New lender joined a facilityDec 31, 2022
- Maturity extended (observed)Dec 31, 2022
- New lender joined a facilityDec 31, 2022
- Mark recoveredSep 30, 2022
- Spread changed (observed)Sep 30, 2022
- Spread changed (observed)Sep 30, 2022
- Mark recoveredSep 30, 2022
- Spread increasedSep 30, 2022
- Spread increasedSep 30, 2022
- Spread increasedSep 30, 2022
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- D••••• T•••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived