DFX Intelligence
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Facility
E••••• B•••••••• I•• first lien delayed draw term loan
first lienoff every schedule since Dec 31, 2023
Principal held
at least $58.2M
sum of BDC pieces, a lower bound
Fair value
$0
n/a on cost
Unfunded
$19.4M
pieces' unfunded commitments
Pricing
S+1600 bp
modal across pieces
PIK
10.67%
paid in kind, the highest piece
Maturity
Dec 18, 2026
html_schedule
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
5 quarters
Dec 31, 2022 to Dec 31, 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 |
|---|---|---|---|---|---|
| M••••• C•••••• I••••• P••• C••• M• A••••••• | exited · 4 pieces | $58.2M | $0 | 1600 bp | Dec 31, 2022 to Dec 31, 2023 |
Facility through time
pieces summed per quarter end across the BDCs holding it
| Quarter end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 1 | $58.2M | n/a | 1600 bp | 10.67% | Dec 18, 2026 |
| Sep 30, 2023 | 1 | $19.4M | n/a | 1600 bp | 10.66% | Dec 18, 2026 |
| Jun 30, 2023 | 1 | $19.4M | n/a | 1600 bp | 10.58% | Dec 18, 2026 |
| Mar 31, 2023 | 1 | $19.4M | n/a | 1600 bp | 10.33% | Dec 18, 2026 |
| Dec 31, 2022 | 1 | $38.8M | n/a | 800 bp | Dec 18, 2026 |
What changed on this facility
position and facility grain, including routine
Order
- Effective31 Dec 2023Facility left every BDC schedule$58.2M
- Effective31 Mar 2023Spread changed (observed)$19.4M
Other pieces of this borrower's structure
- first lien term loanexited Sep 30, 2024at least $18.3M
- $0
- equityexited Sep 30, 2024$0
- otherexited Dec 31, 2023Not disclosed
How this facility is known
- Grain
- E••••• B•••••••• I•• x first lien delayed draw term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Status
- performingsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported