DFX Intelligence
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Borrower
V••••• C• M•••• L••••••
group grade Aoff every schedule since Sep 30, 2024sponsor unattributed
Also written as: Cloudsense Ltd
Principal held
at least $13.0M
sum of BDC pieces, a lower bound
Fair value
$7.1M
67c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Nov 1, 2024
$13.0M inside 24 months
On the tape since
Sep 30, 2021
latest Sep 30, 2024
Events
10
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Sep 30, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Sep 30, 2024 | at least $13.0M | 67c | 4.50% PIK 8.21% | Nov 1, 2024 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••• C•••••• B••• I••• | term loan first lien One stop 1 | $12.7M | $7.0M 67c | 4.50% PIK 8.21% |
| G•••• C•••••• B••• I••• | term loan first lien One stop 2 | $252,000 | $138,000 71c | 4.50% PIK 8.21% |
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, 2024 | 1 | $13.0M | $7.1M | 67c | 2 |
| Jun 30, 2024 | 1 | $12.0M | $6.7M | 63c | 2 |
| Mar 31, 2024 | 2 | $11.8M | $9.2M | 77c | 4 |
| Dec 31, 2023 | 2 | $11.6M | $10.5M | 90c | 4 |
| Sep 30, 2023 | 2 | $10.9M | $10.1M | 89c | 4 |
| Jun 30, 2023 | 2 | $11.2M | $10.1M | 89c | 4 |
| Mar 31, 2023 | 2 | $10.7M | $9.6M | 86c | 4 |
| Dec 31, 2022 | 1 | $8.3M | $7.3M | 83c | 2 |
| Sep 30, 2022 | 2 | $9.4M | $8.3M | 76c | 4 |
| Sep 30, 2021 | 1 | $8.3M | $7.5M | 89c | 2 |
What changed
- Maturity extended (observed)Sep 30, 2024
- Facility left every BDC scheduleSep 30, 2024
- Lender left a facilitySep 30, 2024
- Maturity extended (observed)Sep 30, 2024
- Marked down across lendersJun 30, 2024
- Marked down (one lender)Jun 30, 2024
- Marked down across lendersMar 31, 2024
- Marked down (one lender)Mar 31, 2024
- Marked down (one lender)Mar 31, 2024
- PIK interest increasedSep 30, 2023
- PIK interest increasedSep 30, 2023
- PIK interest increasedSep 30, 2023
- PIK interest increasedMar 31, 2023
- Mark recoveredDec 31, 2022
- PIK interest increasedDec 31, 2022
- PIK interest increasedDec 31, 2022
- Marked down across lendersSep 30, 2022
- PIK interest increasedSep 30, 2022
- Marked down (one lender)Sep 30, 2022
- PIK interest increasedSep 30, 2022
- New borrower on a BDC scheduleSep 30, 2021
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- VECTOR CSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived