DFX Intelligence
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Facility
S••• G••••• delayed draw term loan
lien unstatedoff every schedule since Jun 30, 2024Logistics
Principal held
at least $16.5M
sum of BDC pieces, a lower bound
Fair value
$4.7M
29c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
S+500 bp
modal across pieces
PIK
15.98%
paid in kind, the highest piece
Maturity
Jun 30, 2027
read from the schedule's HTML table
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
7 quarters
Dec 31, 2022 to Jun 30, 2024
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 |
|---|---|---|---|---|---|
| N••••• C•••••••• D••••• L•••••• C•••• C•••••••• D•• A•••••• L•• | exited · 5 pieces | $16.5M | $4.7M 29c | 500 bp | Dec 31, 2022 to Jun 30, 2024 |
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, 2024 | 1 | $16.5M | 29c | 500 bp | 15.98% | Jun 30, 2027 |
| Mar 31, 2024 | 1 | $16.5M | 91c | 500 bp | 4.50% | Jun 30, 2027 |
| Dec 31, 2023 | 1 | $22.3M | 99c | 900 bp | 4.50% | Jun 30, 2027 |
| Sep 30, 2023 | 1 | $16.4M | 100c | 900 bp | Jun 30, 2027 | |
| Jun 30, 2023 | 1 | $15.5M | 101c | 475 bp | Jun 30, 2027 | |
| Mar 31, 2023 | 1 | $15.5M | 100c | 475 bp | Jun 30, 2027 | |
| Dec 31, 2022 | 1 | $4.5M | 92c | 500 bp | Dec 30, 2026 |
What changed on this facility
position and facility grain, including routine
Order
- Effective30 Jun 2024Marked down across lenders$16.5M
- Effective30 Jun 2024Facility left every BDC schedule$5.4M
- Effective30 Jun 2024PIK interest increased$5.4M
- Effective31 Mar 2024Marked down across lenders$16.5M
- Effective31 Mar 2024Spread changed (observed)$5.4M
- Effective31 Dec 2023PIK interest appears$5.4M
Other pieces of this borrower's structure
- otherexited Jun 30, 2024unknown
How this facility is known
- Grain
- S••• G••••• x delayed draw term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Status
- non_accrualsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported