DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
Facility
A•••• A••••••••• C••• first lien term loan
first lienoff every schedule since Dec 31, 2025Application Software
Principal held
at least $40.8M
sum of BDC pieces, a lower bound
Fair value
$8.4M
25c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
SOFR+875 bp
pieces from 525 bp to 875 bp
PIK
12.74%
paid in kind, the highest piece
Maturity
Oct 25, 2028
tagged by the filer
Lenders
0 holding
3 exited · 0 named on a deal
On the tape
14 quarters
Sep 30, 2022 to Dec 31, 2025
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 |
|---|---|---|---|---|---|
| O•••••• S•••••••• L•••••• C••• O•••••• F••• A•••••••• L•• | exited · 4 pieces | $22.3M | $4.5M 23c | 875 bp | Sep 30, 2022 to Dec 31, 2025 |
| O•••••• S•••••••• C••••• F••• O•••••• F••• A•••••••• L•• | exited · 4 pieces | $16.5M | $3.8M 28c | 875 bp | Sep 30, 2022 to Dec 31, 2025 |
| N•••• H•••• P•••••• I••••• F••• L•• M• C•••••• P••••••• A•••••• I••• | exited · 2 pieces | $2.0M | $165,000 11c | 525 bp | Dec 31, 2024 to Dec 31, 2025 |
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, 2025 | 3 | $40.8M | 25c | 875 bp | 12.74% | Oct 25, 2028 |
| Sep 30, 2025 | 3 | $54.7M | 21c | 525 bp | Oct 25, 2028 | |
| Jun 30, 2025 | 3 | $39.1M | 24c | 525 bp | Oct 25, 2028 | |
| Mar 31, 2025 | 3 | $39.1M | 32c | 525 bp | Oct 25, 2028 | |
| Dec 31, 2024 | 3 | $36.0M | 48c | 525 bp | Oct 25, 2028 | |
| Sep 30, 2024 | 2 | $34.0M | 57c | 675 bp | Oct 25, 2028 | |
| Jun 30, 2024 | 2 | $34.0M | 72c | 525 bp | Oct 25, 2028 | |
| Mar 31, 2024 | 2 | $26.1M | 77c | 525 bp | Oct 25, 2028 | |
| Dec 31, 2023 | 2 | $26.1M | 79c | 525 bp | Oct 25, 2028 | |
| Sep 30, 2023 | 2 | $13.3M | 79c | 525 bp | Oct 25, 2028 | |
| Jun 30, 2023 | 2 | $13.3M | 74c | 525 bp | Oct 25, 2028 | |
| Mar 31, 2023 | 2 | $13.3M | 91c | 525 bp | Oct 25, 2028 | |
| Dec 31, 2022 | 1 | $5.6M | 91c | 525 bp | ||
| Sep 30, 2022 | 2 | $16.1M | 89c | 525 bp | Oct 25, 2028 |
What changed on this facility
position and facility grain, including routine
Order
- Effective31 Dec 2025PIK interest appears$48.0M
- Effective31 Dec 2025Facility left every BDC schedule$38.8M
- Effective31 Dec 2025Spread changed (observed)$40.8M
- Effective31 Dec 2025Lender left a facility2 eventsO•••••• S•••••••• C••••• F•••: lender left a facility, 2 lenders, at the 31 Dec 2025 quarter end$16.5M to $22.3M
- Effective30 Jun 2025Marked down across lenders$39.1M
- Effective31 Mar 2025Marked down across lenders$39.1M
Other pieces of this borrower's structure
- second lien term loanexited Sep 30, 2025at least $30.7M
- otherexited Dec 31, 2024at least $2.0M
How this facility is known
- Grain
- A•••• A••••••••• C••• 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
- non_accrualsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported