DFX Intelligence
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Facility
Z••••••• I••••••••• first lien term loan
first lienheld todaySoftware
Principal held
at least $6.3M
sum of BDC pieces, a lower bound
Fair value
$1.1M
18c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+810 bp
floor 0.75%
PIK
none stated
Maturity
Dec 21, 2027
tagged by the filer
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•••••••• C•••••• I••••••••• C••• B•••••••• C•••••• I••••••••• A•••••••• L•• | dormant | $1.6M | $1.5M 96c | Dec 31, 2022 to Dec 31, 2023 | |
| B•••••••• T•• C•••••• C•••• T••••••••• C•••••• P•••••••• L•• | held | $3.6M | $644,200 18c | 810 bp | Dec 31, 2022 to Jun 30, 2026 |
| B•••••••• D••••• L•••••• C•••• B•••••••• C•••••• I••••••••• A•••••••• L•• | held | $2.7M | $483,150 18c | 810 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 | $6.3M | 18c | 810 bp | Dec 21, 2027 | |
| Mar 31, 2026 | 2 | $6.3M | 66c | 610 bp | Dec 21, 2027 | |
| Dec 31, 2025 | 2 | $6.3M | 77c | 610 bp | Dec 21, 2027 | |
| Sep 30, 2025 | 2 | $6.2M | 98c | 5.00% | Dec 21, 2027 | |
| Jun 30, 2025 | 2 | $6.1M | 98c | 5.00% | Dec 21, 2027 | |
| Mar 31, 2025 | 2 | $6.1M | 98c | 5.00% | Dec 21, 2027 | |
| Dec 31, 2024 | 2 | $9.2M | 98c | 5.00% | Dec 21, 2027 | |
| Sep 30, 2024 | 2 | $6.5M | 98c | 5.00% | Dec 21, 2027 | |
| Jun 30, 2024 | 2 | $6.4M | 99c | 5.00% | Dec 21, 2027 | |
| Mar 31, 2024 | 2 | $6.4M | 99c | 5.00% | Dec 21, 2027 | |
| Dec 31, 2023 | 3 | $8.4M | 96c | 4.50% | Dec 21, 2027 | |
| Sep 30, 2023 | 3 | $5.6M | 96c | 4.50% | Dec 21, 2027 | |
| Jun 30, 2023 | 3 | $5.6M | 96c | 4.50% | Dec 21, 2027 | |
| Mar 31, 2023 | 3 | $5.5M | 95c | 4.50% | Dec 21, 2027 | |
| Dec 31, 2022 | 3 | $8.5M | 95c | 4.50% | Dec 21, 2027 |
What changed on this facility
position and facility grain, including routine
- Maturity approaching Dec 21, 2027••• Locked
- Maturity approaching Dec 21, 2027••• Locked
- Marked down across lenders Jun 30, 2026••• Locked
- Spread changed (observed) Jun 30, 2026••• Locked
- Marked down across lenders Mar 31, 2026••• Locked
- Marked down across lenders Dec 31, 2025••• Locked
- PIK interest increased Mar 31, 2024••• Locked
Other pieces of this borrower's structure
- at least $1.1M
- at least $222,222
- first lien revolverexited Dec 31, 2023at least $0
How this facility is known
- Grain
- Z••••••• I••••••••• x first lien term loanderivedborrower 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