DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
Facility
Medallia, Inc other
lien unstatedheld todayIT Services
Principal held
at least $1.6B
sum of BDC pieces, a lower bound
Fair value
$816M
51c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+600 bp
modal across pieces
PIK
none stated
Maturity
Oct 29, 2028
html_schedule
Lenders
3 holding
1 exited · 0 named on a deal
On the tape
17 quarters
Dec 31, 2021 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 |
|---|---|---|---|---|---|
| FS KKR Capital Corp FS/KKR ADVISOR, LLC | exited | $148M | $147M 100c | Dec 31, 2021 to Dec 31, 2021 | |
| Blackstone Private Credit Fund BLACKSTONE PRIVATE CREDIT STRATEGIES LLC | held · 3 pieces | $1.2B | $580M 51c | 600 bp | Dec 31, 2021 to Jun 30, 2026 |
| Blackstone Secured Lending Fund BLACKSTONE PRIVATE CREDIT STRATEGIES LLC | held · 2 pieces | $395M | $196M 51c | 600 bp | Dec 31, 2021 to Jun 30, 2026 |
| HPS Corporate Lending Fund HPS ADVISORS, LLC | held | $82.8M | $40.7M 50c | 600 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 | 3 | $1.6B | 51c | 600 bp | Oct 29, 2028 | |
| Mar 31, 2026 | 3 | $1.6B | 62c | 600 bp | Oct 29, 2028 | |
| Dec 31, 2025 | 3 | $1.7B | 78c | 600 bp | Oct 29, 2028 | |
| Sep 30, 2025 | 3 | $1.6B | 83c | 650 bp | 4.00% | Oct 29, 2028 |
| Jun 30, 2025 | 3 | $1.6B | 88c | 650 bp | 4.00% | Oct 30, 2028 |
| Mar 31, 2025 | 3 | $1.6B | 90c | 650 bp | 4.00% | Oct 30, 2028 |
| Dec 31, 2024 | 3 | $3.2B | 95c | 650 bp | 4.00% | Oct 30, 2028 |
| Sep 30, 2024 | 3 | $1.6B | 96c | 650 bp | 4.00% | Oct 30, 2028 |
| Jun 30, 2024 | 3 | $1.6B | 99c | 650 bp | 4.00% | Oct 30, 2028 |
| Mar 31, 2024 | 3 | $1.5B | 99c | 650 bp | 4.00% | Oct 30, 2028 |
| Dec 31, 2023 | 3 | $1.6B | 99c | 600 bp | 4.00% | Oct 30, 2028 |
| Sep 30, 2023 | 3 | $1.5B | 99c | 600 bp | 5.97% | Oct 30, 2028 |
| Jun 30, 2023 | 3 | $1.5B | 99c | 650 bp | 5.83% | Oct 30, 2028 |
| Mar 31, 2023 | 3 | $1.4B | 99c | 650 bp | 5.67% | Oct 30, 2028 |
| Dec 31, 2022 | 3 | $1.5B | 99c | 650 bp | 6.50% | Oct 30, 2028 |
| Sep 30, 2022 | 2 | $1.3B | 100c | 6.75% | Oct 29, 2028 | |
| Dec 31, 2021 | 3 | $1.1B | 100c | 675 bp | 6.75% | Oct 29, 2028 |
What changed on this facility
position and facility grain, including routine
- Lender left a facility Dec 31, 2021FS KKR Capital Corp no longer holds Medallia, Inc other after 2021-12-31; 3 BDC(s) still hold it
Other pieces of this borrower's structure
- at least $277M
- term loanexited Mar 31, 2026at least $27.4M
How this facility is known
- Grain
- Medallia, Inc 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