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
R••••• H••••• S•• L•• F•••• a••
group grade Aoff every schedule since Jun 30, 2025sponsor unattributed
Nothing material in the last 200 days. Last change: 30 Jun 2025, $22.6M principal held by 1 lender; matures Aug 2028.
Principal held
at least $22.6M
sum of BDC pieces, a lower bound
Fair value
$24.3M
110c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Aug 8, 2028
no dated debt inside 24 months
On the tape since
Jun 30, 2023
latest Jun 30, 2025
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2025, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| K•••••• L•••• C•••••• C• | $22.6M | 110¢ as filed, not counted | no comparable mark |
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| K•••••• L•••• C•••••• C• | term loan second lien S••••• L••• D••• O••••••• P••••••• D••• 6/13/2023 15.00% PIK I••••••• R••• 15.00% Due 8/8/ | $22.6M | $24.3M 110c | 15.00% PIK 15.00% |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| second lien term loan second lien exited Jun 30, 2025 | at least $22.6M | 110c | 15.00% PIK 15.00% | Aug 8, 2028 | 1 |
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, 2025 | 1 | $22.6M | $24.3M | 110c | 1 |
| Mar 31, 2025 | 1 | $21.4M | $23.1M | 111c | 1 |
| Dec 31, 2024 | 1 | $20.7M | $22.2M | 112c | 1 |
| Sep 30, 2024 | 1 | $19.9M | $21.4M | 113c | 1 |
All 9 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2024 | 1 | $19.1M | $20.6M | 114c | 0 |
| Mar 31, 2024 | 1 | $18.5M | $19.8M | 115c | 0 |
| Dec 31, 2023 | 1 | $35.6M | $38.1M | 115c | 2 |
| Sep 30, 2023 | 1 | $17.1M | $18.3M | 116c | 0 |
| Jun 30, 2023 | 1 | $16.5M | $17.7M | 118c | 0 |
What changed
- Facility left every BDC scheduleJun 30, 2025
- PIK interest appearsSep 30, 2024
- PIK interest appearsSep 30, 2024
- PIK interest appearsDec 31, 2023
- PIK interest appearsDec 31, 2023
Full timeline · 7 eventsShow fewer
- Maturity shortened (observed)Dec 31, 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
- RANGER SPE FIRST ANDderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived