DFX Intelligence
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Facility
K•••• P•• B•••• L•• first lien term loan
first lienheld todayAir Freight and Logistics
Principal held
at least $61.4M
sum of BDC pieces, a lower bound
Fair value
$61.4M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+425 bp
modal across pieces
PIK
none stated
Maturity
Nov 15, 2029
tagged by the filer
Lenders
5 holding
1 exited · 0 named on a deal
On the tape
13 quarters
Dec 31, 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 |
|---|---|---|---|---|---|
| M••••• C•••••• I••••• P••• C••• MC Advisors | exited | $21.7M | $21.7M 102c | 500 bp | Dec 31, 2022 to Mar 31, 2024 |
| N••••• C•••••••• D••••• L•••••• C•••• CHURCHILL DLC ADVISOR LLC | held | $21.5M | $21.5M 100c | 425 bp | Dec 31, 2024 to Jun 30, 2026 |
| N••••• C•••••••• P•••••• C•••••• I••••• F••• CHURCHILL PCIF ADVISOR LLC | held | $20.8M | $20.8M 100c | 425 bp | Dec 31, 2024 to Jun 30, 2026 |
| A•••••• S•••••••• C••••• F••• ANTARES CAPITAL CREDIT ADVISERS LLC | held | $12.4M | $12.4M 100c | 425 bp | Mar 31, 2025 to Jun 30, 2026 |
| A•••••• P•••••• C••••• F••• ANTARES CAPITAL CREDIT ADVISERS LLC | held | $5.3M | $5.3M 100c | 425 bp | Mar 31, 2025 to Jun 30, 2026 |
| A•••••• S•••••••• C••••• F••• I• L•• ANTARES CAPITAL CREDIT ADVISERS LLC | held | $1.3M | $1.3M 100c | 425 bp | Sep 30, 2025 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 | $61.4M | 100c | 425 bp | Nov 15, 2029 | |
| Mar 31, 2026 | 5 | $61.6M | 100c | 425 bp | Nov 15, 2029 | |
| Dec 31, 2025 | 5 | $61.8M | 100c | 450 bp | Nov 15, 2029 | |
| Sep 30, 2025 | 2 | $13.8M | 100c | 475 bp | Nov 15, 2029 | |
| Jun 30, 2025 | 2 | $17.9M | 100c | 475 bp | Nov 15, 2029 | |
| Mar 31, 2025 | 2 | $17.9M | 100c | 475 bp | Nov 15, 2029 | |
| Dec 31, 2024 | 2 | $43.1M | 102c | 425 bp | Nov 15, 2029 | |
| Mar 31, 2024 | 1 | $21.7M | 102c | 500 bp | Nov 15, 2029 | |
| Dec 31, 2023 | 1 | $65.2M | 102c | 500 bp | Nov 15, 2029 | |
| Sep 30, 2023 | 1 | $21.8M | 102c | 500 bp | Nov 15, 2029 | |
| Jun 30, 2023 | 1 | $21.8M | 102c | 500 bp | Nov 15, 2029 | |
| Mar 31, 2023 | 1 | $21.9M | 102c | 550 bp | Nov 15, 2029 | |
| Dec 31, 2022 | 1 | $21.9M | 100c | 550 bp | Nov 15, 2029 |
What changed on this facility
position and facility grain, including routine
- New lender joined a facility Mar 31, 2025A•••••• S•••••••• C••••• F••• joins K•••• P•• B•••• L•• term loan (first lien) held by 3 other BDCs
- New lender joined a facility Mar 31, 2025A•••••• P•••••• C••••• F••• joins K•••• P•• B•••• L•• term loan (first lien) held by 3 other BDCs
- Spread changed (observed) Dec 31, 2024K•••• P•• B•••• L•• term loan: spread moved from 5.00% to 4.25%
- New lender joined a facility Dec 31, 2024N••••• C•••••••• D••••• L•••••• C•••• joins K•••• P•• B•••• L•• term loan (first lien) held by 1 other BDC
- New lender joined a facility Dec 31, 2024N••••• C•••••••• P•••••• C•••••• I••••• F••• joins K•••• P•• B•••• L•• term loan (first lien) held by 1 other BDC
- Lender left a facility Mar 31, 2024M••••• C•••••• I••••• P••• C••• no longer holds K•••• P•• B•••• L•• term loan after 2024-03-31; 5 BDC(s) still hold it
Other pieces of this borrower's structure
- at least $7.0M
- at least $1.3M
- otherexited Mar 31, 2025at least $59.6M
- term loanexited Dec 31, 2022at least $21.9M
- revolverexited Sep 30, 2025unknown
- delayed draw term loanexited Dec 31, 2024unknown
How this facility is known
- Grain
- K•••• P•• B•••• 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