DFX Intelligence
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Borrower
W••••• E••••••••• G•••• L•• D••••••• 2•••
Financialsgroup grade Aoff every schedule since Sep 30, 2023sponsor unattributed
Nothing material in the last 200 days. Last change: 30 Sep 2023, $1.17M principal held by 1 lender; matures Oct 2027.
Principal held
at least $1.2M
sum of BDC pieces, a lower bound
Fair value
$1.2M
100c 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
Oct 4, 2027
no dated debt inside 24 months
On the tape since
Sep 30, 2023
latest Sep 30, 2023
Events
1
dated, non-routine
Lender marks
each lender's own fair value over cost at Sep 30, 2023, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| S•••••••• P•••••• C••••• F••• L•• | $1.17M | 100¢ | new this quarter |
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S•••••••• P•••••• C••••• F••• L•• | delayed draw term loan first lien D•••••• D••• T••• L••• | Non C••••••••• Non A••••••••• D••• Investments | F•••• L••• S•••• | $1.2M | $1.2M 100c | S+585 bp |
Capital structure as the BDCs see it
latest quarter end Sep 30, 2023
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien delayed draw term loan first lien exited Sep 30, 2023 | at least $1.2M | 100c | S+585 bp | Oct 4, 2027 | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Sep 30, 2023 | 1 | $1.2M | $1.2M | 100c | 0 |
What changed
- Facility left every BDC scheduleSep 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
- WEALTH ENHANCEMENT DECEMBERderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Financialsreportedas one filer wrote it