DFX Intelligence
Private Credit Intelligence
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Facility
V•••••••• I•• first lien term loan
first lienoff every schedule since Jun 30, 2023Application Softwaresponsor C•••••• I• I••••••••• P••••••• L• carried
Principal held
at least $63.6M
sum of BDC pieces, a lower bound
Fair value
$68.2M
107c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+370 bp
floor 6.95%
PIK
1.25%
paid in kind, the highest piece
Maturity
Feb 1, 2025
written in the identifier
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
3 quarters
Dec 31, 2022 to Jun 30, 2023
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 |
|---|---|---|---|---|---|
| H••••••• C••••••• I••• H••••••• C••••••• I••• | exited | $63.6M | $68.2M 107c | 370 bp | Dec 31, 2022 to Jun 30, 2023 |
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, 2023 | 1 | $63.6M | 107c | 370 bp | 1.25% | Feb 1, 2025 |
| Mar 31, 2023 | 1 | $63.4M | 102c | 370 bp | 1.25% | Feb 1, 2025 |
| Dec 31, 2022 | 1 | $63.2M | 101c | 370 bp | 1.25% | Feb 1, 2025 |
What changed on this facility
position and facility grain, including routine
- Facility left every BDC schedule Jun 30, 2023V•••••••• I•• term loan (first lien) left every BDC schedule after 2023-06-30 (1 lender, $63.6M last held)
Other pieces of this borrower's structure
- $0
How this facility is known
- Grain
- V•••••••• 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
- Sponsor basis
- the sponsor's own portfolio page lists a company of this namederived
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported