DFX Intelligence
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Facility
P••••• U• B•••• L•• first lien revolver
first lienoff every schedule since Dec 31, 2025Media
Principal held
at least $7.4M
sum of BDC pieces, a lower bound
Fair value
$7.4M
101c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+300 bp
modal across pieces
PIK
none stated
Maturity
Feb 7, 2031
html_schedule
Lenders
0 holding
2 exited · 0 named on a deal
On the tape
12 quarters
Mar 31, 2023 to Dec 31, 2025
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 |
|---|---|---|---|---|---|
| H•• C•••••••• L•••••• F••• HPS ADVISORS, LLC | exited | $7.4M | $7.4M 101c | 300 bp | Mar 31, 2023 to Dec 31, 2025 |
| R•••••• E••••••• I••••• F•••• L• REDWOOD CAPITAL MANAGEMENT, LLC | exited | $1.8M | n/a | 675 bp | Mar 31, 2023 to Dec 31, 2023 |
Facility through time
pieces summed per quarter end across the BDCs holding it
| Quarter end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Dec 31, 2025 | 1 | $7.4M | 101c | 300 bp | Feb 7, 2031 | |
| Sep 30, 2025 | 1 | $7.4M | 101c | 300 bp | Feb 7, 2031 | |
| Jun 30, 2025 | 1 | $7.4M | 101c | 300 bp | Feb 7, 2031 | |
| Mar 31, 2025 | 1 | $7.4M | 100c | 300 bp | Feb 7, 2031 | |
| Dec 31, 2024 | 1 | $14.9M | 101c | 300 bp | Feb 7, 2031 | |
| Sep 30, 2024 | 1 | $7.5M | 101c | 350 bp | Feb 7, 2031 | |
| Jun 30, 2024 | 1 | $7.5M | 101c | 350 bp | Feb 7, 2031 | |
| Mar 31, 2024 | 1 | $7.5M | 101c | 350 bp | Feb 7, 2031 | |
| Dec 31, 2023 | 2 | $93.1M | 101c | 675 bp | Feb 1, 2030 | |
| Sep 30, 2023 | 2 | $93.3M | 101c | 675 bp | Feb 1, 2030 | |
| Jun 30, 2023 | 2 | $93.5M | 102c | 675 bp | Feb 1, 2030 | |
| Mar 31, 2023 | 2 | $1.8M | n/a | 675 bp | Jan 30, 2030 |
What changed on this facility
position and facility grain, including routine
- Facility left every BDC schedule Dec 31, 2025P••••• U• B•••• L•• revolver (first lien) left every BDC schedule after 2025-12-31 (2 lenders, $7.4M last held)
- Spread changed (observed) Dec 31, 2024P••••• U• B•••• L•• revolver: spread moved from 3.50% to 3.00%
- Maturity extended (observed) Mar 31, 2024P••••• U• B•••• L•• revolver: maturity moved from 2030-02-01 to 2031-02-07
- Spread changed (observed) Mar 31, 2024P••••• U• B•••• L•• revolver: spread moved from 6.75% to 3.50%
Other pieces of this borrower's structure
- at least $23.0M
- at least $11.1M
How this facility is known
- Grain
- P••••• U• B•••• L•• x first lien revolverderivedborrower 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