DFX Intelligence
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Facility
V••••• P••••• I•• other
lien unstatedoff every schedule since Mar 31, 2024Software & Services
Principal held
at least $12.9M
sum of BDC pieces, a lower bound
Fair value
$13.2M
102c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
S+325 bp
floor 0.80%
PIK
3.00%
paid in kind, the highest piece
Maturity
Nov 8, 2029
read from the schedule's HTML table
Lenders
0 holding
2 exited · 0 named on a deal
On the tape
8 quarters
Dec 31, 2021 to Mar 31, 2024
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••••••••• P•••••• C••••• F••• B••••••••• P•••••• C••••• S••••••••• L•• | exited · 2 pieces | $68.7M | $68.7M 101c | 725 bp | Dec 31, 2021 to Sep 30, 2023 |
| K•• F• I••••• T•••• F••••• A••••••• L•• | exited | $12.9M | $13.2M 102c | 325 bp | Dec 31, 2023 to Mar 31, 2024 |
Facility through time
pieces summed per quarter end across the BDCs holding it
| Quarter end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Mar 31, 2024 | 1 | $12.9M | 102c | 325 bp | 3.00% | Nov 8, 2029 |
| Dec 31, 2023 | 1 | $12.8M | 99c | 575 bp | Nov 8, 2029 | |
| Sep 30, 2023 | 1 | $68.7M | 101c | 725 bp | Apr 6, 2029 | |
| Jun 30, 2023 | 1 | $68.8M | 91c | 725 bp | Apr 6, 2029 | |
| Mar 31, 2023 | 1 | $68.9M | 80c | 400 bp | Apr 6, 2029 | |
| Dec 31, 2022 | 1 | $96.0M | 82c | 725 bp | Apr 6, 2029 | |
| Sep 30, 2022 | 1 | $69.1M | 87c | 400 bp | Apr 6, 2029 | |
| Dec 31, 2021 | 1 | $71.4M | 100c | 400 bp | Mar 30, 2029 |
What changed on this facility
position and facility grain, including routine
Order
- Effective31 Mar 2024Facility left every BDC schedule$12.9M
- Effective31 Dec 2023$12.9M
Other pieces of this borrower's structure
- second lien term loanexited Sep 30, 2023at least $1.1M
- first lien term loanexited Sep 30, 2023unknown
How this facility is known
- Grain
- V••••• P••••• I•• x otherderivedborrower 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