DFX Intelligence
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Borrower
A••••• T••••••••• I••
Drug Discovery & Developmentgroup grade Aon a schedule nowsponsor unattributed
Also written as: 2022; 5; 5/9/2022; 9; Equity; Inc. - Common Stock
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 101¢ · 101¢ · 101¢ · 101¢Q2 2025 to Q2 2026
Where each lender marks it, 0 points apart
101¢101¢
Principal held
at least $114M
sum of BDC pieces, a lower bound
Fair value
$117M
101c on cost, debt pieces
Unfunded
$66.0M
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
4
2 equity pieces beside them
Next maturity
May 8, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
5
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | $95.4M | 101¢ | 0 pts |
| B••••••••• S•••••• L•••••• F••• | $18.6M | 101¢ | 0 pts |
Every BDC piece · 9 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | delayed draw term loan lien unstated N••••••••• I••••• | $60.3M | $60.3M 101c | S+475 bp |
| B••••••••• P•••••• C••••• F••• | delayed draw term loan lien unstated N••••••••• I••••• | $35.2M | $35.2M 101c | S+400 bp |
| B••••••••• S•••••• L•••••• F••• | delayed draw term loan lien unstated N••••••••• I••••• | $11.7M | $11.7M 101c | S+475 bp |
| B••••••••• S•••••• L•••••• F••• | delayed draw term loan lien unstated N••••••••• I••••• | $6.8M | $6.8M 101c | S+400 bp |
| B••••••••• P•••••• C••••• F••• | revolver lien unstated R••••••• | Not disclosed | Not disclosed |
View all 9 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | |
| B••••••••• S•••••• L•••••• F••• | revolver lien unstated R••••••• | Not disclosed | Not disclosed | |
| B••••••••• S•••••• L•••••• F••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | |
| H••••••• C••••••• I••• | warrants equity W••••••, 1/9/2023, C••••• S•••• | Not disclosed | $2.7M 652c |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| delayed draw term loan lien unstated | at least $114M | 101c | S+475 bp | May 8, 2030 | 2 |
| revolver lien unstated | unknown | n/a | unstated | 2 | |
| first lien term loan first lien exited Mar 31, 2025 | at least $143M | 105c | S+220 bp | Jan 1, 2028 | 1 |
| other lien unstated exited Jun 30, 2025 | at least $114M | 100c | S+475 bp | May 8, 2030 | 2 |
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, 2026 | 3 | $114M | $114M | 101c | 0 |
| Mar 31, 2026 | 3 | $114M | $114M | 101c | 0 |
| Dec 31, 2025 | 3 | $114M | $114M | 101c | 0 |
| Sep 30, 2025 | 3 | $114M | $114M | 101c | 0 |
All 15 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 3 | $114M | $113M | 100c | 0 |
| Mar 31, 2025 | 1 | $143M | $153M | 105c | 0 |
| Dec 31, 2024 | 1 | $287M | $306M | 105c | 0 |
| Sep 30, 2024 | 1 | $143M | $152M | 105c | 0 |
| Jun 30, 2024 | 1 | $143M | $152M | 105c | 0 |
| Mar 31, 2024 | 1 | $143M | $150M | 104c | 0 |
| Dec 31, 2023 | 1 | $430M | $451M | 105c | 0 |
| Sep 30, 2023 | 1 | $143M | $148M | 103c | 0 |
| Jun 30, 2023 | 1 | $143M | $144M | 101c | 0 |
| Mar 31, 2023 | 1 | $122M | $121M | 100c | 0 |
| Dec 31, 2022 | 1 | $81.7M | $78.1M | 96c | 0 |
What changed
- Spread changed (observed)Jun 30, 2026
- Facility left every BDC scheduleJun 30, 2025
- Facility left every BDC scheduleMar 31, 2025
- Maturity extended (observed)Mar 31, 2023
- Spread changed (observed)Mar 31, 2023
Full timeline · 6 eventsShow fewer
- Maturity extended (observed)Mar 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
- A••••• T•••••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Drug Discovery & Developmentreportedas one filer wrote it