DFX Intelligence
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Borrower
I••••••• I••••••••• L••
Food & Staples Retailinggroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $20.5M
sum of BDC pieces, a lower bound
Fair value
$11.8M
35c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
7
4 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
Apr 14, 2028
$20.5M inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
39
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $14.4M | 43c | S+750 bp | Apr 30, 2028 | 4 |
| term loan lien unstated | at least $6.1M | 15c | S+850 bp PIK 9.77% | Apr 14, 2028 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| C••• I••••••••• C••• | term loan first lien F•••• L••• T••• L••• | N•••••••••, A••••••••• Investments | Not disclosed | $4.9M | S+750 bp |
| C••• I••••••••• C••• | term loan first lien S••••• S•••••• F•••• L••• D••• | $10.7M | $4.9M 46c | S+750 bp |
| C••••••• C•••••• B••• I••• | term loan first lien Investment T••• S••••• S•••••• F•••• L••• T••• L••• M•••••••/ D••••••••• D••• 04/2028 | $3.6M | $1.1M 34c | |
| C••••••• C•••••• B••• I••• | equity equity Investment T••• C••••• S•••• | Not disclosed | Not disclosed | |
| M••• S••••• C•••••• C••• | equity equity C••••• Equity | Not disclosed | $0 | |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• | $3.2M | $458,000 15c | S+850 bp PIK 9.77% |
| M•• I••••• F•••• I••• | term loan lien unstated S•••••• D••• | $3.0M | $429,000 15c | S+850 bp PIK 9.77% |
| M•• I••••• F•••• I••• | equity equity C••••• Equity | Not disclosed | $0 |
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 | 4 | $20.5M | $11.8M | 59c | 2 |
| Mar 31, 2026 | 4 | $20.2M | $12.1M | 61c | 3 |
| Dec 31, 2025 | 4 | $40.4M | $26.5M | 66c | 3 |
| Sep 30, 2025 | 4 | $19.5M | $14.1M | 74c | 2 |
| Jun 30, 2025 | 5 | $20.2M | $18.3M | 94c | 2 |
| Mar 31, 2025 | 5 | $19.9M | $20.7M | 108c | 4 |
| Dec 31, 2024 | 6 | $33.7M | $36.8M | 115c | 10 |
| Sep 30, 2024 | 6 | $19.9M | $22.8M | 120c | 6 |
| Jun 30, 2024 | 6 | $19.4M | $26.8M | 145c | 6 |
| Mar 31, 2024 | 6 | $19.0M | $26.0M | 144c | 4 |
| Dec 31, 2023 | 5 | $17.5M | $33.4M | 202c | 3 |
| Sep 30, 2023 | 5 | $17.2M | $24.6M | 153c | 4 |
| Jun 30, 2023 | 5 | $16.4M | $23.8M | 155c | 2 |
| Mar 31, 2023 | 4 | $27.9M | $17.9M | 68c | 0 |
| Dec 31, 2022 | 5 | $33.4M | $19.1M | 60c | 0 |
| Sep 30, 2022 | 3 | $22.8M | $15.8M | 75c | 1 |
| Dec 31, 2021 | 2 | $27.0M | $22.9M | 90c | 0 |
What changed
- Maturity approachingApr 30, 2028
- Maturity approachingApr 14, 2028
- Spread changed (observed)Jun 30, 2026
- PIK interest increasedJun 30, 2026
- PIK interest increasedJun 30, 2026
- PIK interest increasedJun 30, 2026
- Spread increasedJun 30, 2026
- Spread increasedJun 30, 2026
- PIK interest appearsMar 31, 2026
- non accrual placedMar 31, 2026
- non accrual placedMar 31, 2026
- non accrual placedMar 31, 2026
- PIK interest appearsMar 31, 2026
- PIK interest appearsMar 31, 2026
- Marked down across lendersDec 31, 2025
- Marked down (one lender)Dec 31, 2025
- Marked down (one lender)Dec 31, 2025
- Marked down across lendersSep 30, 2025
- Marked down (one lender)Sep 30, 2025
- Marked down (one lender)Sep 30, 2025
- Spread increasedSep 30, 2025
- PIK interest increasedJun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Marked down across lendersJun 30, 2025
- Lender left a facilityJun 30, 2025
- Marked down (one lender)Jun 30, 2025
- Marked down (one lender)Jun 30, 2025
- PIK interest increasedJun 30, 2025
- Spread increasedJun 30, 2025
- Spread increasedJun 30, 2025
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- ISAGENIXderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 7 BDCsderived
- Industry
- Food & Staples Retailingreportedas one filer wrote it