DFX Intelligence
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Facility
S•••• V•••••• W••• M••• B•••••••• L•• unsecured or subordinated delayed draw term loan
unsecured or subordinatedoff every schedule since Dec 31, 2025
Principal held
at least $37.3M
sum of BDC pieces, a lower bound
Fair value
$34.0M
102c on cost
Unfunded
$7.9M
pieces' unfunded commitments
Pricing
S+1025 bp
modal across pieces
PIK
none stated
Maturity
Jan 15, 2027
html_schedule
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
5 quarters
Dec 31, 2024 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 |
|---|---|---|---|---|---|
| M••••• C•••••• I••••• P••• C••• M• A••••••• | exited · 3 pieces | $37.3M | $34.0M 102c | 1025 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 | 1 | $37.3M | 102c | 1025 bp | Jan 15, 2027 | |
| Sep 30, 2025 | 1 | $51.4M | 102c | 1150 bp | 15.72% | Jan 15, 2027 |
| Jun 30, 2025 | 1 | $51.0M | 102c | 1150 bp | 15.81% | Jan 15, 2027 |
| Mar 31, 2025 | 1 | $50.7M | 102c | 1125 bp | 15.57% | Jan 15, 2027 |
| Dec 31, 2024 | 1 | $50.6M | 102c | 1125 bp | 15.73% | Jan 15, 2027 |
What changed on this facility
position and facility grain, including routine
- Spread changed (observed) Dec 31, 2025••• Locked
- Facility left every BDC schedule Dec 31, 2025••• Locked
Other pieces of this borrower's structure
- at least $53.1M
- delayed draw term loanexited Dec 31, 2024at least $50.6M
How this facility is known
- Grain
- S•••• V•••••• W••• M••• B•••••••• L•• x unsecured or subordinated delayed draw 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