DFX Intelligence
Private Credit Intelligence
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Facility
M••••• B•••• A• first lien delayed draw term loan
first lienheld today
Principal held
at least $804M
sum of BDC pieces, a lower bound
Fair value
$156M
90c on cost
Unfunded
$5.9M
pieces' unfunded commitments
Pricing
S+925 bp
pieces from 650 bp to 925 bp
PIK
2.25%
paid in kind, the highest piece
Maturity
Aug 29, 2031
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Lenders
1 holding
0 exited · 0 named on a deal
On the tape
7 quarters
Dec 31, 2024 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 |
|---|---|---|---|---|---|
| H•• C•••••••• L•••••• F••• HPS ADVISORS, LLC | held · 7 pieces | $804M | $156M 90c | 925 bp | 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 | 1 | $804M | 90c | 650 bp | 2.25% | Aug 29, 2031 |
| Mar 31, 2026 | 1 | $790M | 97c | 625 bp | 4.75% | Aug 29, 2031 |
| Dec 31, 2025 | 1 | $794M | 101c | 625 bp | 4.75% | Aug 29, 2031 |
| Sep 30, 2025 | 1 | $794M | 103c | 600 bp | 4.75% | Aug 29, 2031 |
| Jun 30, 2025 | 1 | $785M | 105c | 550 bp | 4.75% | Aug 29, 2031 |
| Mar 31, 2025 | 1 | $785M | 100c | 550 bp | 4.75% | Aug 29, 2031 |
| Dec 31, 2024 | 1 | n/a | n/a |
What changed on this facility
position and facility grain, including routine
- Marked down across lenders Jun 30, 2026M••••• B•••• A• delayed draw: marked from 97 to 90 cents on cost across 1 lender(s)
Other pieces of this borrower's structure
- otherexited Mar 31, 2026unknown
How this facility is known
- Grain
- M••••• B•••• A• 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
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported