DFX Intelligence
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Facility
N••••••••• M••••••••• L•• term loan
lien unstatedoff every schedule since Mar 31, 2024
Principal held
at least $11.5M
sum of BDC pieces, a lower bound
Fair value
$11.5M
100c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
//stelluscapital.com/20240331#Three Month Term Secured Overnight Financing Rate+621 bp
floor 1.00%
PIK
none stated
Maturity
Nov 16, 2027
tagged by the filer
Lenders
0 holding
1 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 |
|---|---|---|---|---|---|
| S•••••• C•••••• I••••••••• C••• S•••••• C•••••• M••••••••• L•• | exited · 2 pieces | $11.5M | $11.5M 100c | 621 bp | Dec 31, 2021 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 | $11.5M | 100c | 621 bp | Nov 16, 2027 | |
| Dec 31, 2023 | 1 | $12.5M | 101c | 6 bp | Nov 16, 2027 | |
| Sep 30, 2023 | 1 | $12.8M | 102c | 700 bp | Nov 16, 2027 | |
| Jun 30, 2023 | 1 | $13.5M | 101c | 621 bp | Nov 16, 2027 | |
| Mar 31, 2023 | 1 | $13.5M | 100c | 600 bp | Nov 16, 2027 | |
| Dec 31, 2022 | 1 | $14.0M | 99c | 600 bp | Nov 16, 2027 | |
| Sep 30, 2022 | 1 | $14.5M | n/a | 600 bp | Nov 16, 2027 | |
| Dec 31, 2021 | 1 | $11.6M | 100c | 600 bp | Nov 16, 2027 |
What changed on this facility
position and facility grain, including routine
Order
- Effective31 Mar 2024Spread changed (observed)$11.5M
- Effective31 Mar 2024Facility left every BDC schedule$11.5M
- Effective31 Dec 2023Spread changed (observed)$12.5M
- Effective30 Sep 2023Spread changed (observed)$12.8M
Other pieces of this borrower's structure
- equityexited Mar 31, 2024$2.3M
How this facility is known
- Grain
- N••••••••• M••••••••• L•• x term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Status
- performingsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported