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Facility

N••• B•••• P•• L•• first lien term loan

first lienheld today
Principal held
at least $45.2M
sum of BDC pieces, a lower bound
Fair value
$45.2M
98c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+500 bp
modal across pieces
PIK
none stated
Maturity
unstated
Lenders
3 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
LenderStatusPrincipalFair valueSpreadHeld
B•••••• P•••••• C••••• C•••
B•••••• L••
held$24.0M$24.0M
100c
500 bpDec 31, 2022 to Jun 30, 2026
B•••••• B••• I•••
B•••••• L••
held$13.9M$13.9M
97c
500 bpSep 30, 2022 to Jun 30, 2026
B•••••• C•••••• I••••••••• C•••
B•••••• L••
held$7.2M$7.2M
97c
500 bpDec 31, 2022 to Jun 30, 2026
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Jun 30, 20263$45.2M98c500 bp
Mar 31, 20263$44.7M97c500 bp
Dec 31, 20253$50.4M95c500 bp
Sep 30, 20253$33.3M93c500 bp
Jun 30, 20253$32.9M92c500 bp
Mar 31, 20253$31.3M88c500 bp
Dec 31, 20243$55.7M87c500 bp
Sep 30, 20243$40.2M98c550 bp
Jun 30, 20243$38.7M94c500 bp
Mar 31, 20243$37.8M92c500 bp
Dec 31, 20233$39.5M93c550 bp
Sep 30, 20233$37.4M86c650 bp
Jun 30, 20233$38.5M87c650 bp
Mar 31, 20233$38.8M87c600 bp
Dec 31, 20223$39.2M87c600 bp
Sep 30, 20221$17.9M87c600 bp
What changed on this facility
position and facility grain, including routine
  • Marked down across lenders Dec 31, 2024
    N••• B•••• P•• L•• term loan: marked from 98 to 87 cents on cost across 3 lender(s)
  • Mark recovered Dec 31, 2023
    N••• B•••• P•• L•• term loan: marked from 86 to 93 cents on cost
  • Spread changed (observed) Dec 31, 2023
    N••• B•••• P•• L•• term loan: spread moved from 6.50% to 5.50%
  • Spread changed (observed) Jun 30, 2023
    N••• B•••• P•• L•• term loan: spread moved from 6.00% to 6.50%
  • New lender joined a facility Dec 31, 2022
    B•••••• P•••••• C••••• C••• joins N••• B•••• P•• L•• term loan (first lien) held by 2 other BDCs
  • New lender joined a facility Dec 31, 2022
    B•••••• C•••••• I••••••••• C••• joins N••• B•••• P•• L•• term loan (first lien) held by 2 other BDCs
Other pieces of this borrower's structure
This is the only piece of the borrower on the tape.
How this facility is known
Grain
N••• B•••• P•• L•• 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