DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
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Facility
D•••••••• E••••••••• I•• revolver
lien unstatedheld today
Principal held
at least $790M
sum of BDC pieces, a lower bound
Fair value
$593M
75c on cost
Unfunded
$6.6M
pieces' unfunded commitments
Pricing
S+675 bp
pieces from 575 bp to 675 bp
PIK
5.74%
paid in kind, the highest piece
Maturity
Apr 9, 2029
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Lenders
2 holding
0 exited · 0 named on a deal
On the tape
15 quarters
Dec 31, 2022 to Jun 30, 2026
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
| Lender | Status | Principal | Fair value | Spread | Held |
|---|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• BLACKSTONE PRIVATE CREDIT STRATEGIES LLC | held · 4 pieces | $748M | $561M 75c | 675 bp | Dec 31, 2022 to Jun 30, 2026 |
| B••••••••• S•••••• L•••••• F••• BLACKSTONE PRIVATE CREDIT STRATEGIES LLC | held · 4 pieces | $42.1M | $31.6M 75c | 675 bp | Dec 31, 2022 to Jun 30, 2026 |
Facility through time
pieces summed per quarter end across the BDCs holding it
| Quarter end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | 2 | $790M | 75c | 675 bp | 5.74% | Apr 9, 2029 |
| Mar 31, 2026 | 2 | $753M | 79c | 675 bp | 5.76% | Apr 9, 2029 |
| Dec 31, 2025 | 2 | $757M | 83c | 675 bp | 5.85% | Apr 9, 2029 |
| Sep 30, 2025 | 2 | $748M | 84c | 675 bp | 5.99% | Apr 9, 2029 |
| Jun 30, 2025 | 2 | $757M | 84c | 675 bp | 5.99% | Apr 9, 2029 |
| Mar 31, 2025 | 2 | $748M | 85c | 675 bp | 6.07% | Apr 9, 2029 |
| Dec 31, 2024 | 2 | $1.4B | 85c | 675 bp | 6.24% | Apr 9, 2029 |
| Sep 30, 2024 | 2 | $741M | 90c | 575 bp | Apr 9, 2029 | |
| Jun 30, 2024 | 2 | $742M | 93c | 575 bp | Apr 9, 2029 | |
| Mar 31, 2024 | 2 | $744M | 97c | 575 bp | Oct 3, 2030 | |
| Dec 31, 2023 | 2 | n/a | n/a | |||
| Sep 30, 2023 | 2 | n/a | n/a | |||
| Jun 30, 2023 | 2 | n/a | n/a | |||
| Mar 31, 2023 | 2 | n/a | n/a | |||
| Dec 31, 2022 | 2 | n/a | n/a |
What changed on this facility
position and facility grain, including routine
- PIK interest appears Dec 31, 2024D•••••••• E••••••••• I•• revolver: PIK interest of 6.24% appears (was cash pay)
- Spread changed (observed) Dec 31, 2024D•••••••• E••••••••• I•• revolver: spread moved from 5.75% to 6.75%
Other pieces of this borrower's structure
- otherexited Dec 31, 2023at least $690M
- first lien term loanexited Dec 31, 2021at least $11.8M
- delayed draw term loanexited Sep 30, 2023unknown
- term loanexited Sep 30, 2023unknown
How this facility is known
- Grain
- D•••••••• E••••••••• I•• x revolverderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported