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
A••••••• C•••••••••
Healthcare & Pharmaceuticalsgroup grade Aoff every schedule since Jun 30, 2023sponsor not established · possible relationship
Also written as: Undrawn Commitment
Nothing material in the last 200 days. Last change: 30 Jun 2023, Consensus mark 100¢ on cost, up from 98¢ in Q3 2022, 98¢ last quarter.
Mark path, consensus per quarter end
98¢ · 98¢ · 98¢ · 100¢Q3 2022 to Q2 2023
Where each lender marks it on the first lien term loan, 0 points apart
100¢100¢
Principal held
at least $73.3M
sum of BDC pieces, a lower bound
Fair value
$91.4M
100c on cost, debt pieces
Unfunded
$1.7M
commitments not yet drawn
BDC lenders
6
5 on the latest quarter
Facilities
5
0 equity pieces beside them
Next maturity
Jun 21, 2024
$73.3M inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2023
Events
7
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2023, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| C•••••• C••••• S••••••••• I••• | $26.7M | 100¢ | +2 pts |
| C•••••• S•••••• L••••••• I••• | $22.3M | 99¢ | +1 pts |
| M••••• F•••••••• I••••••••• C••• | $19.4M | 100¢ | no comparable mark |
| C••• I••••••••• C••• | $4.83M | 100¢ | 0 pts |
| M••••• C•••••• C••• | no principal filed | no cost filed | new this quarter |
Every BDC piece · 13 positions across 5 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| C•••••• C••••• S••••••••• I••• | term loan first lien F•••• L••• D••• | $26.7M | $26.5M 100c | S+525 bp |
| C•••••• S•••••• L••••••• I••• | unstated lien unstated | $19.8M | $19.7M 99c | S+525 bp |
| M••••• F•••••••• I••••••••• C••• | term loan first lien F•••• L••• S•••••• D••• S•••+540, 1.00% F•••• M••••••• D••• 06/22/24 | $17.6M | $17.6M 100c | S+540 bp |
| C••• I••••••••• C••• | term loan first lien S••••• S•••••• F•••• L••• D•••, 6/21/2024 M••••••• | $4.8M | $4.8M 100c | S+525 bp |
| C•••••• S•••••• L••••••• I••• | term loan first lien F•••• L••• D••• | $2.4M | $2.4M 100c | S+525 bp |
View all 13 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• F•••••••• I••••••••• C••• | revolver first lien F•••• L••• S•••••• D••• - R••••••• S•••+540, 1.00% F•••• M••••••• D••• 06/22/24 | $1.8M | $1.4M 100c | S+540 bp |
| C•••••• C••••• S••••••••• I••• | revolver second lien F•••• and S••••• L••• D••• R••••••• | Not disclosed | Not disclosed | |
| C•••••• S•••••• L••••••• I••• | revolver second lien R••••••• | Not disclosed | Not disclosed | S+525 bp |
| C•••••• S•••••• L••••••• I••• | revolver second lien F•••• and S••••• L••• D••• R••••••• | Not disclosed | Not disclosed | |
| M••••• F•••••••• I••••••••• C••• | unstated lien unstated | Not disclosed | Not disclosed | |
| M••••• F•••••••• I••••••••• C••• | unstated lien unstated | Not disclosed | $19.0M 100c | |
| M••••• F•••••••• I••••••••• C••• | unstated lien unstated | Not disclosed | Not disclosed | |
| M••••• C•••••• C••• | term loan first lien S••••• S•••••• L••••, due 6/24/2024 | Not disclosed | Not disclosed | S+540 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2023
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Jun 30, 2023 | at least $51.6M | 100c | S+525 bp | Jun 24, 2024 | 5 |
| other lien unstated exited Jun 30, 2023 | at least $19.8M | 100c | S+525 bp | Jun 22, 2024 | 2 |
| first lien revolver first lien exited Jun 30, 2023 | at least $1.8M | 100c | S+540 bp | Jun 22, 2024 | 1 |
| second lien revolver second lien exited Jun 30, 2023 | unknown | n/a | S+525 bp | unstated | 2 |
| revolver lien unstated exited Mar 31, 2023 | unknown | n/a | S+525 bp | unstated | 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, 2023 | 5 | $73.3M | $72.4M | 100c | 0 |
| Mar 31, 2023 | 4 | $73.3M | $71.7M | 134c | 0 |
| Dec 31, 2022 | 6 | $103M | $101M | 98c | 0 |
| Sep 30, 2022 | 2 | $27.5M | $26.8M | 98c | 0 |
All 6 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Mar 31, 2022 | 1 | $0 | $0 | n/a | 0 |
| Dec 31, 2021 | 3 | $51.7M | $51.1M | 109c | 0 |
What changed
- Facility left every BDC scheduleJun 30, 2023
- Facility left every BDC scheduleJun 30, 2023
- Facility left every BDC scheduleJun 30, 2023
- Maturity extended (observed)Jun 30, 2023
- Maturity extended (observed)Jun 30, 2023
Full timeline · 11 eventsShow fewer
- Facility left every BDC scheduleJun 30, 2023
- Facility left every BDC scheduleMar 31, 2023
- New lender joined a facilityDec 31, 2022
- New lender joined a facilityDec 31, 2022
- New lender joined a facilityMar 31, 2022
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
Possible relationship, not established: A••••••• L••, because a company of this name is on the sponsor's portfolio page (confidence 0.5). No deal announcement or filing names it as a party, so it is not shown as this borrower’s sponsor.
- A••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedaltariscap.com"••• Locked"
Identity
- Group key
- ANALOGICderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 6 BDCsderived
- Industry
- Healthcare & Pharmaceuticalsreportedas one filer wrote it