DFX Intelligence
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Facility
T•••• M•••• 2• L•••••• first lien term loan
first lienheld todaySoftware
Principal held
at least $68.0M
sum of BDC pieces, a lower bound
Fair value
$67.0M
99c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+493 bp
modal across pieces
PIK
none stated
Maturity
Aug 1, 2028
html_schedule
Lenders
2 holding
0 exited · 0 named on a deal
On the tape
15 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 |
|---|---|---|---|---|---|
| B••• O•• T••••••••• F•••••• C•••• I• B••• O•• T••••••••• C••••• A••••••• I• L•• | dormant | $31.1M | $31.1M 101c | 695 bp | Dec 31, 2022 to Dec 31, 2024 |
| B••• O•• T••••••••• F•••••• C•••• B••• O•• T••••••••• C••••• A••••••• L•• | held | $35.4M | $34.9M 99c | 493 bp | Dec 31, 2022 to Jun 30, 2026 |
| B••• O•• T••••••••• I••••• C•••• B••• O•• T••••••••• C••••• A••••••• I• L•• | held | $32.6M | $32.1M 99c | 493 bp | Dec 31, 2022 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 | 2 | $68.0M | 99c | 493 bp | Aug 1, 2028 | |
| Mar 31, 2026 | 2 | $68.2M | 98c | 493 bp | Aug 1, 2028 | |
| Dec 31, 2025 | 2 | $68.4M | 100c | 493 bp | Aug 1, 2028 | |
| Sep 30, 2025 | 2 | $68.6M | 101c | 517 bp | Aug 1, 2028 | |
| Jun 30, 2025 | 2 | $68.7M | 101c | 518 bp | Aug 1, 2028 | |
| Mar 31, 2025 | 2 | $68.9M | 101c | 520 bp | Aug 1, 2028 | |
| Dec 31, 2024 | 3 | $95.9M | 101c | 695 bp | Aug 1, 2028 | |
| Sep 30, 2024 | 3 | $64.8M | 101c | 695 bp | Aug 1, 2028 | |
| Jun 30, 2024 | 3 | $64.5M | 101c | 764 bp | Aug 1, 2028 | |
| Mar 31, 2024 | 3 | $64.0M | 101c | 769 bp | Aug 1, 2028 | |
| Dec 31, 2023 | 3 | $94.1M | 100c | 769 bp | Aug 1, 2028 | |
| Sep 30, 2023 | 3 | $58.9M | 100c | 769 bp | Aug 1, 2028 | |
| Jun 30, 2023 | 3 | $58.5M | 100c | 769 bp | Aug 1, 2028 | |
| Mar 31, 2023 | 3 | $58.1M | 100c | 769 bp | Aug 1, 2028 | |
| Dec 31, 2022 | 3 | $57.7M | 100c | 769 bp | Aug 25, 2028 |
What changed on this facility
position and facility grain, including routine
- Spread changed (observed) Mar 31, 2025T•••• M•••• 2• L•••••• term loan: spread moved from 6.95% to 5.20%
- Spread changed (observed) Sep 30, 2024T•••• M•••• 2• L•••••• term loan: spread moved from 7.64% to 6.95%
Other pieces of this borrower's structure
- unknown
- otherexited Sep 30, 2025unknown
- first lien delayed draw term loanexited Sep 30, 2024unknown
- $2.7M
- $3.1M
How this facility is known
- Grain
- T•••• M•••• 2• 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