DFX Intelligence
Private Credit Intelligence
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Facility
K•••• A••••••••• I•• first lien delayed draw term loan
Principal held
at least $104,000
sum of BDC pieces, a lower bound
Fair value
$92,000
90c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+575 bp
modal across pieces
PIK
none stated
Maturity
Oct 1, 2028
html_schedule
Lenders
3 holding
0 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 |
|---|---|---|---|---|---|
| B••• O•• C•••••• C••• I•• B••• Owl Credit Advisers | dormant | $28,000 | $-113,000 -1412c | 575 bp | Dec 31, 2022 to Sep 30, 2024 |
| B••• O•• C••••• I••••• C•••• BLUE OWL CREDIT ADVISORS LLC | held | $72,000 | $64,000 90c | 575 bp | Dec 31, 2022 to Jun 30, 2026 |
| B••• O•• C•••••• C••• BLUE OWL CREDIT ADVISORS LLC | held | $31,000 | $27,000 90c | 575 bp | Dec 31, 2021 to Jun 30, 2026 |
| B••• O•• C•••••• C••• I• BLUE OWL CREDIT ADVISORS LLC | held | $1,000 | $1,000 100c | 575 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 | $104,000 | 90c | 575 bp | Oct 1, 2028 | |
| Mar 31, 2026 | 3 | $104,000 | 93c | 575 bp | Oct 1, 2028 | |
| Dec 31, 2025 | 3 | $105,000 | 86c | 575 bp | Oct 1, 2028 | |
| Sep 30, 2025 | 3 | $104,000 | 90c | 575 bp | Oct 1, 2028 | |
| Jun 30, 2025 | 3 | $104,000 | n/a | 575 bp | Oct 1, 2028 | |
| Mar 31, 2025 | 3 | $104,000 | n/a | 575 bp | Oct 1, 2028 | |
| Dec 31, 2024 | 3 | $154,000 | n/a | 575 bp | Oct 1, 2028 | |
| Sep 30, 2024 | 4 | $105,000 | n/a | 575 bp | Nov 1, 2025 | |
| Jun 30, 2024 | 4 | $27.4M | 100c | 575 bp | Oct 1, 2028 | |
| Mar 31, 2024 | 4 | $105,000 | n/a | 575 bp | Nov 1, 2025 | |
| Dec 31, 2023 | 4 | $179,000 | n/a | 575 bp | Nov 1, 2025 | |
| Sep 30, 2023 | 1 | $13.4M | 101c | 525 bp | Jun 1, 2024 | |
| Jun 30, 2023 | 2 | $14.4M | 100c | 550 bp | Oct 1, 2028 | |
| Mar 31, 2023 | 2 | $8.6M | 100c | 550 bp | Jun 1, 2024 | |
| Dec 31, 2022 | 4 | $6.4M | 98c | 450 bp | Oct 1, 2028 | |
| Sep 30, 2022 | 1 | n/a | n/a | |||
| Dec 31, 2021 | 1 | $256,000 | 100c | 450 bp | Oct 19, 2023 |
What changed on this facility
position and facility grain, including routine
- Mark recovered Mar 31, 2026K•••• A••••••••• I•• delayed draw: marked from 86 to 93 cents on cost
- Maturity extended (observed) Dec 31, 2024K•••• A••••••••• I•• delayed draw: maturity moved from 2025-11-01 to 2028-10-01
- Maturity extended (observed) Jun 30, 2024K•••• A••••••••• I•• delayed draw: maturity moved from 2025-11-01 to 2028-10-01
- Maturity extended (observed) Dec 31, 2023K•••• A••••••••• I•• delayed draw: maturity moved from 2024-06-01 to 2025-11-01
- Spread changed (observed) Dec 31, 2023K•••• A••••••••• I•• delayed draw: spread moved from 5.25% to 5.75%
- Maturity extended (observed) Jun 30, 2023K•••• A••••••••• I•• delayed draw: maturity moved from 2024-06-01 to 2028-10-01
- Spread changed (observed) Mar 31, 2023K•••• A••••••••• I•• delayed draw: spread moved from 4.50% to 5.50%
- New lender joined a facility Dec 31, 2022B••• O•• C••••• I••••• C•••• joins K•••• A••••••••• I•• delayed draw (first lien) held by 3 other BDCs
- New lender joined a facility Dec 31, 2022B••• O•• C•••••• C••• I•• joins K•••• A••••••••• I•• delayed draw (first lien) held by 3 other BDCs
- New lender joined a facility Dec 31, 2022B••• O•• C•••••• C••• I• joins K•••• A••••••••• I•• delayed draw (first lien) held by 3 other BDCs
Other pieces of this borrower's structure
- at least $254M
- at least $198M
- at least $22.0M
How this facility is known
- Grain
- K•••• A••••••••• I•• x first lien delayed draw term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Sponsor basis
- Form D signer consensus, grade Bestimated
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported