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
Batteries Plus Holding Corporation first lien revolver
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
n/a
n/a on cost
Unfunded
$63,000
pieces' unfunded commitments
Pricing
SOFR+675 bp
floor 1.00%
PIK
none stated
Maturity
Jun 27, 2028
tagged by the filer
Lenders
2 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 |
|---|---|---|---|---|---|
| Bain Capital Specialty Finance, Inc. BCSF ADVISORS, LP | exited | $827,000 | $827,000 100c | 575 bp | Dec 31, 2021 to Mar 31, 2023 |
| John Hancock Comvest Private Income Fund COMVEST CREDIT MANAGERS, LLC | held · 2 pieces | n/a | n/a | 675 bp | Dec 31, 2023 to Jun 30, 2026 |
| Commonwealth Credit Partners BDC I, Inc. COMMONWEALTH CREDIT ADVISORS, LLC | held | n/a | n/a | 675 bp | Jun 30, 2023 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 | n/a | n/a | 675 bp | Jun 27, 2028 | |
| Mar 31, 2026 | 2 | $429,000 | 106c | 675 bp | Jun 27, 2028 | |
| Dec 31, 2025 | 2 | n/a | n/a | 675 bp | Jun 27, 2028 | |
| Sep 30, 2025 | 2 | $170,000 | 121c | 675 bp | Jun 27, 2028 | |
| Jun 30, 2025 | 2 | $141,000 | 131c | 675 bp | Jun 27, 2028 | |
| Mar 31, 2025 | 2 | $482,000 | 108c | 675 bp | Jun 27, 2028 | |
| Dec 31, 2024 | 2 | n/a | n/a | 675 bp | Jun 27, 2028 | |
| Sep 30, 2024 | 2 | n/a | n/a | 675 bp | Jun 27, 2028 | |
| Jun 30, 2024 | 2 | $0 | n/a | 675 bp | Jun 27, 2028 | |
| Mar 31, 2024 | 2 | $0 | n/a | 675 bp | Jun 27, 2028 | |
| Dec 31, 2023 | 2 | $0 | n/a | 675 bp | Jun 27, 2028 | |
| Sep 30, 2023 | 1 | $0 | n/a | 675 bp | Jun 27, 2028 | |
| Jun 30, 2023 | 1 | $0 | n/a | 675 bp | Jun 27, 2028 | |
| Mar 31, 2023 | 1 | $827,000 | 100c | 575 bp | Jun 30, 2023 | |
| Dec 31, 2022 | 1 | $1.8M | 100c | 575 bp | Jun 30, 2023 | |
| Sep 30, 2022 | 1 | $2.0M | 100c | 625 bp | Jun 30, 2023 | |
| Dec 31, 2021 | 1 | $1.6M | 100c | 575 bp | Jun 30, 2023 |
What changed on this facility
position and facility grain, including routine
- Maturity approaching Jun 27, 2028Batteries Plus Holding Corporation revolver (first lien) matures 2028-06-27 (inside 24 months; $.0M held by 3 BDCs)
- Maturity extended (observed) Jun 30, 2023Batteries Plus Holding Corporation revolver: maturity moved from 2023-06-30 to 2028-06-27
- Spread changed (observed) Jun 30, 2023Batteries Plus Holding Corporation revolver: spread moved from 5.75% to 6.75%
- New lender joined a facility Jun 30, 2023Commonwealth Credit Partners BDC I, Inc. joins Batteries Plus Holding Corporation revolver (first lien) held by 2 other BDCs
- Lender left a facility Mar 31, 2023Bain Capital Specialty Finance, Inc. no longer holds Batteries Plus Holding Corporation revolver after 2023-03-31; 2 BDC(s) still hold it
Other pieces of this borrower's structure
- at least $16.5M
- $1.3M
How this facility is known
- Grain
- Batteries Plus Holding Corporation x first lien revolverderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Sponsor basis
- the sponsor's own portfolio page lists a company of this namederived
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported