DFX Intelligence
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Facility
B•••••••• P•••••• L•• second lien term loan
second lienheld todaySystems Software
Principal held
at least $227M
sum of BDC pieces, a lower bound
Fair value
$75.2M
35c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+700 bp
floor 0.50%
PIK
none stated
Maturity
Aug 15, 2030
html_schedule
Lenders
5 holding
0 exited · 0 named on a deal
On the tape
16 quarters
Sep 30, 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••• O•• C••••• I••••• C•••• B••• O•• C••••• A••••••• L•• | held | $93.3M | $30.6M 33c | 700 bp | Dec 31, 2022 to Jun 30, 2026 |
| B••• O•• T••••••••• F•••••• C•••• B••• O•• T••••••••• C••••• A••••••• L•• | held | $55.9M | $18.4M 40c | 700 bp | Jun 30, 2025 to Jun 30, 2026 |
| B••• O•• T••••••••• I••••• C•••• B••• O•• T••••••••• C••••• A••••••• I• L•• | held | $55.9M | $18.4M 33c | 700 bp | Jun 30, 2025 to Jun 30, 2026 |
| P••••••• C•••••• C••• P••••••• C•••••• M••••••••• L••• | held | $20.0M | $7.1M 36c | 700 bp | Sep 30, 2022 to Jun 30, 2026 |
| A•••• C••••• B•• I••• | held | $2.0M | $690,290 35c | 700 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 | 5 | $227M | 35c | 700 bp | Aug 15, 2030 | |
| Mar 31, 2026 | 5 | $227M | 35c | 700 bp | Aug 15, 2030 | |
| Dec 31, 2025 | 5 | $229M | 77c | 700 bp | Aug 15, 2030 | |
| Sep 30, 2025 | 4 | $225M | 79c | 700 bp | Aug 15, 2030 | |
| Jun 30, 2025 | 5 | $247M | 81c | 700 bp | Aug 15, 2030 | |
| Mar 31, 2025 | 2 | $22.0M | 88c | 700 bp | Aug 15, 2030 | |
| Dec 31, 2024 | 2 | $22.0M | 94c | 700 bp | Aug 15, 2030 | |
| Sep 30, 2024 | 2 | $22.0M | 99c | 700 bp | Aug 15, 2030 | |
| Jun 30, 2024 | 2 | $22.0M | 102c | 700 bp | Aug 15, 2030 | |
| Mar 31, 2024 | 3 | $115M | 96c | 700 bp | Aug 15, 2030 | |
| Dec 31, 2023 | 3 | $117M | 98c | 700 bp | Aug 15, 2030 | |
| Sep 30, 2023 | 2 | $95.3M | 96c | 700 bp | Aug 15, 2030 | |
| Jun 30, 2023 | 3 | $135M | 99c | 700 bp | Aug 15, 2030 | |
| Mar 31, 2023 | 2 | $113M | 99c | 700 bp | Aug 15, 2030 | |
| Dec 31, 2022 | 3 | $115M | 99c | 700 bp | Aug 15, 2030 | |
| Sep 30, 2022 | 1 | $20.0M | 100c | 700 bp | Aug 15, 2030 |
What changed on this facility
position and facility grain, including routine
- Marked down across lenders Mar 31, 2026••• Locked
- New lender joined a facility Jun 30, 2025••• Locked
- New lender joined a facility Jun 30, 2025••• Locked
- Marked down across lenders Mar 31, 2025••• Locked
- New lender joined a facility Dec 31, 2022••• Locked
Other pieces of this borrower's structure
- at least $220M
- otherexited Dec 31, 2022at least $3.0M
How this facility is known
- Grain
- B•••••••• P•••••• L•• x second 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