DFX Intelligence
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Borrower
m••••••••• I••
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
$1.5M
n/a on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
1
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
2
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 Sep 30, 2021 | at least $4.9M | 101c | S+1025 bp PIK 3.75% | Sep 1, 2025 | 1 |
Equity pieces beside the debt: warrants ($395,000 fair value, 2 BDCs), preferred equity ($1.1M fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••• C•••••• B••• I••• | preferred equity equity P•••••••• stock | n/a | $1.1M 78c | |
| G•••• C•••••• B••• I••• | warrants equity W•••••• | n/a | $395,000 276c |
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 | 2 | $0 | $0 | n/a | 0 |
| Dec 31, 2023 | 2 | $0 | $0 | n/a | 0 |
| Sep 30, 2023 | 2 | $0 | $0 | n/a | 0 |
| Jun 30, 2023 | 2 | $0 | $0 | n/a | 0 |
| Mar 31, 2023 | 2 | $0 | $0 | n/a | 0 |
| Dec 31, 2022 | 1 | $0 | $0 | n/a | 0 |
| Sep 30, 2022 | 2 | $0 | $0 | n/a | 0 |
| Sep 30, 2021 | 1 | $4.9M | $4.9M | 101c | 1 |
What changed
- New borrower on a BDC scheduleSep 30, 2021
- Facility left every BDC scheduleSep 30, 2021
Sponsor
- H••••••• V••••••• M••••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedhighgearventures.com"••• Locked"
Identity
- Group key
- MPARTICLEderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived