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
Foreside Financial Group, LLC first lien term loan
Principal held
at least $106M
sum of BDC pieces, a lower bound
Fair value
$101M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+525 bp
pieces from 525 bp to 540 bp
PIK
none stated
Maturity
Oct 1, 2029
html_schedule
Lenders
11 holding
2 exited · 0 named on a deal
On the tape
16 quarters
Sep 30, 2022 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 |
|---|---|---|---|---|---|
| New Mountain Guardian III BDC, L.L.C. New Mountain Finance Advisers BDC, L.L.C | dormant · 3 pieces | $34.5M | $31.1M 101c | 525 bp | Dec 31, 2022 to Sep 30, 2024 |
| Jefferies Credit Partners BDC Inc. JEFFERIES CREDIT MANAGEMENT LLC | exited | $1.5M | $1.5M 101c | 525 bp | Dec 31, 2023 to Mar 31, 2026 |
| Senior Credit Investments, LLC JEFFERIES CREDIT MANAGEMENT LLC | exited | $644,000 | $641,000 101c | 525 bp | Dec 31, 2023 to Mar 31, 2026 |
| CCS IX Portfolio Holdings, LLC CRESCENT CAPITAL GROUP LP | held | $44.5M | $44.0M 100c | 525 bp | Jun 30, 2026 to Jun 30, 2026 |
| New Mountain Private Credit Fund NEW MOUNTAIN FINANCE ADVISERS, L.L.C. | held · 3 pieces | $16.7M | $15.0M 100c | 525 bp | Dec 31, 2023 to Jun 30, 2026 |
| New Mountain Finance Corp NEW MOUNTAIN FINANCE ADVISERS, L.L.C. | held · 4 pieces | $10.3M | $8.1M 100c | 525 bp | Sep 30, 2022 to Jun 30, 2026 |
| Crescent Private Credit Income Corp CRESCENT CAP NT ADVISORS, LLC | held | $10.3M | $10.1M 100c | 525 bp | Jun 30, 2026 to Jun 30, 2026 |
| NMF SLF I, Inc. NEW MOUNTAIN FINANCE ADVISERS, L.L.C. | held · 4 pieces | $8.4M | $8.4M 100c | 525 bp | Dec 31, 2022 to Jun 30, 2026 |
| Antares Strategic Credit Fund ANTARES CAPITAL CREDIT ADVISERS LLC | held | $5.6M | $5.6M 100c | 525 bp | Mar 31, 2024 to Jun 30, 2026 |
| New Mountain Guardian IV BDC, L.L.C. NEW MOUNTAIN FINANCE ADVISERS, L.L.C. | held · 5 pieces | $5.6M | $5.1M 100c | 525 bp | Dec 31, 2022 to Jun 30, 2026 |
| Antares Private Credit Fund ANTARES CAPITAL CREDIT ADVISERS LLC | held | $2.6M | $2.6M 99c | 525 bp | Dec 31, 2024 to Jun 30, 2026 |
| New Mountain Guardian IV Income Fund, L.L.C. NEW MOUNTAIN FINANCE ADVISERS, L.L.C. | held · 3 pieces | $1.4M | $1.2M 100c | 525 bp | Mar 31, 2024 to Jun 30, 2026 |
| Antares Strategic Credit Fund II LLC ANTARES CAPITAL CREDIT ADVISERS LLC | held | $422,000 | $419,000 99c | 525 bp | Sep 30, 2025 to Jun 30, 2026 |
| BlackRock Direct Lending Corp. BLACKROCK CAPITAL INVESTMENT ADVISORS, LLC | held | $317,314 | $314,141 99c | 540 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 | 11 | $106M | 100c | 525 bp | Oct 1, 2029 | |
| Mar 31, 2026 | 11 | $93.3M | 100c | 525 bp | Sep 30, 2027 | |
| Dec 31, 2025 | 11 | $165M | 100c | 525 bp | Sep 30, 2027 | |
| Sep 30, 2025 | 11 | $129M | 100c | 525 bp | Sep 30, 2027 | |
| Jun 30, 2025 | 10 | $129M | 101c | 525 bp | Sep 30, 2027 | |
| Mar 31, 2025 | 10 | $155M | 101c | 525 bp | Jul 1, 2028 | |
| Dec 31, 2024 | 10 | $246M | 101c | 525 bp | Sep 30, 2027 | |
| Sep 30, 2024 | 9 | $117M | 101c | 525 bp | Sep 30, 2027 | |
| Jun 30, 2024 | 9 | $117M | 101c | 525 bp | Sep 30, 2027 | |
| Mar 31, 2024 | 9 | $117M | 101c | 525 bp | Sep 30, 2027 | |
| Dec 31, 2023 | 8 | $145M | 101c | 550 bp | Sep 30, 2027 | |
| Sep 30, 2023 | 5 | $99.5M | 101c | 525 bp | Sep 30, 2027 | |
| Jun 30, 2023 | 5 | $99.8M | 102c | 550 bp | Sep 30, 2027 | |
| Mar 31, 2023 | 5 | $100.0M | 100c | 550 bp | Sep 30, 2027 | |
| Dec 31, 2022 | 5 | $116M | 100c | 550 bp | Sep 30, 2027 | |
| Sep 30, 2022 | 1 | $41.1M | 100c | 550 bp | Sep 30, 2027 |
What changed on this facility
position and facility grain, including routine
- Maturity extended (observed) Jun 30, 2026Foreside Financial Group, LLC term loan: maturity moved from 2027-09-30 to 2029-10-01
- New lender joined a facility Jun 30, 2026CCS IX Portfolio Holdings, LLC joins Foreside Financial Group, LLC term loan (first lien) held by 13 other BDCs
- New lender joined a facility Jun 30, 2026Crescent Private Credit Income Corp joins Foreside Financial Group, LLC term loan (first lien) held by 13 other BDCs
- Lender left a facility Mar 31, 2026Jefferies Credit Partners BDC Inc. no longer holds Foreside Financial Group, LLC term loan after 2026-03-31; 12 BDC(s) still hold it
- Lender left a facility Mar 31, 2026Senior Credit Investments, LLC no longer holds Foreside Financial Group, LLC term loan after 2026-03-31; 12 BDC(s) still hold it
- Maturity extended (observed) Mar 31, 2025Foreside Financial Group, LLC term loan: maturity moved from 2027-09-30 to 2028-07-01
- New lender joined a facility Mar 31, 2024New Mountain Guardian IV Income Fund, L.L.C. joins Foreside Financial Group, LLC term loan (first lien) held by 13 other BDCs
Other pieces of this borrower's structure
- at least $257,000
- at least $1,531
- at least $0
- unsecured or subordinated subordinated debtexited Mar 31, 2025at least $17.0M
- delayed draw term loanexited Sep 30, 2025unknown
- $1.6M
- preferred equityexited Mar 31, 2026$958,000
How this facility is known
- Grain
- Foreside Financial Group, LLC x first lien term loanderivedborrower 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