DFX Intelligence
Private Credit Intelligence
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Facility
U••• A••••••••• P•••••••• I•• first lien term loan
Principal held
at least $12.5M
sum of BDC pieces, a lower bound
Fair value
$12.3M
105c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+400 bp
pieces from 400 bp to 750 bp
PIK
none stated
Maturity
Oct 1, 2029
tagged by the filer
Lenders
3 holding
2 exited · 0 named on a deal
On the tape
15 quarters
Dec 31, 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 |
|---|---|---|---|---|---|
| K•••••• L•••• C•••••• C• KENNEDY LEWIS CAPITAL HOLDINGS LLC | exited | $2.5M | $2.5M 102c | 425 bp | Dec 31, 2024 to Dec 31, 2024 |
| B•••••••• P•••••• C••••• F••• BLACKROCK CAPITAL INVESTMENT ADVISORS, LLC | exited | $2.4M | $2.4M 102c | 436 bp | Dec 31, 2022 to Sep 30, 2025 |
| J••• H•••••• C•••••• P•••••• I••••• F••• COMVEST CREDIT MANAGERS, LLC | held | $9.9M | $9.7M 107c | 750 bp | Mar 31, 2025 to Jun 30, 2026 |
| N•••• H•••• P•••••• I••••• F••• A• L•• MS CAPITAL PARTNERS ADVISER INC. | held | $1.5M | $1.5M 100c | 400 bp | Dec 31, 2025 to Jun 30, 2026 |
| S••••• C•••• C•••••• C••• STEELE CREEK INVESTMENT MANAGEMENT LLC | held | $1.1M | $1.1M 100c | Dec 31, 2024 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 | $12.5M | 105c | 400 bp | Oct 1, 2029 | |
| Mar 31, 2026 | 3 | $12.5M | 105c | 750 bp | Oct 1, 2029 | |
| Dec 31, 2025 | 3 | $12.5M | 106c | 400 bp | Oct 1, 2029 | |
| Sep 30, 2025 | 3 | $13.4M | 101c | 436 bp | Oct 1, 2029 | |
| Jun 30, 2025 | 3 | $13.4M | 100c | 436 bp | Oct 1, 2029 | |
| Mar 31, 2025 | 2 | $9.9M | 101c | 436 bp | Oct 1, 2029 | |
| Dec 31, 2024 | 3 | $7.1M | 101c | 425 bp | Oct 1, 2028 | |
| Sep 30, 2024 | 1 | $2.4M | 100c | 425 bp | Sep 23, 2028 | |
| Jun 30, 2024 | 1 | $2.4M | 99c | 425 bp | Sep 23, 2028 | |
| Mar 31, 2024 | 1 | $2.4M | 98c | 436 bp | Oct 1, 2028 | |
| Dec 31, 2023 | 1 | $2.5M | 94c | 436 bp | Oct 1, 2028 | |
| Sep 30, 2023 | 1 | $2.5M | 95c | 436 bp | Oct 1, 2028 | |
| Jun 30, 2023 | 1 | $2.5M | 97c | 425 bp | Oct 1, 2028 | |
| Mar 31, 2023 | 1 | $2.5M | 100c | 425 bp | Oct 1, 2028 | |
| Dec 31, 2022 | 1 | $2.5M | 99c | 425 bp | Oct 1, 2028 |
What changed on this facility
position and facility grain, including routine
- Spread changed (observed) Jun 30, 2026U••• A••••••••• P•••••••• I•• term loan: spread moved from 7.50% to 4.00%
- Spread changed (observed) Mar 31, 2026U••• A••••••••• P•••••••• I•• term loan: spread moved from 4.00% to 7.50%
- New lender joined a facility Dec 31, 2025N•••• H•••• P•••••• I••••• F••• A• L•• joins U••• A••••••••• P•••••••• I•• term loan (first lien) held by 3 other BDCs
- Lender left a facility Sep 30, 2025B•••••••• P•••••• C••••• F••• no longer holds U••• A••••••••• P•••••••• I•• term loan after 2025-09-30; 3 BDC(s) still hold it
- New lender joined a facility Mar 31, 2025J••• H•••••• C•••••• P•••••• I••••• F••• joins U••• A••••••••• P•••••••• I•• term loan (first lien) held by 3 other BDCs
- Maturity extended (observed) Mar 31, 2025U••• A••••••••• P•••••••• I•• term loan: maturity moved from 2028-10-01 to 2029-10-01
- Lender left a facility Dec 31, 2024K•••••• L•••• C•••••• C• no longer holds U••• A••••••••• P•••••••• I•• term loan after 2024-12-31; 3 BDC(s) still hold it
- New lender joined a facility Dec 31, 2024K•••••• L•••• C•••••• C• joins U••• A••••••••• P•••••••• I•• term loan (first lien) held by 2 other BDCs
Other pieces of this borrower's structure
- at least $148M
- otherexited Sep 30, 2024at least $862,000
- $12.1M
How this facility is known
- Grain
- U••• A••••••••• P•••••••• I•• 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