DFX Intelligence
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Facility
N•••• H•••••• C•••••• L•• first lien revolver
first lienoff every schedule since Dec 31, 2025
Principal held
at least $14.5M
sum of BDC pieces, a lower bound
Fair value
$4.9M
101c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
S+400 bp
modal across pieces
PIK
none stated
Maturity
Aug 5, 2028
html_schedule
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
12 quarters
Dec 31, 2022 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 |
|---|---|---|---|---|---|
| T•• T••• B•••• C•••••• I••••• F••• A••• F••• M••••••• L•• | exited · 2 pieces | $14.5M | $4.9M 101c | 400 bp | Dec 31, 2022 to Dec 31, 2025 |
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 | $14.5M | 101c | 400 bp | Aug 5, 2028 | |
| Sep 30, 2025 | 1 | $7.3M | 101c | 475 bp | Aug 5, 2028 | |
| Jun 30, 2025 | 1 | $7.3M | 102c | 475 bp | Aug 5, 2028 | |
| Mar 31, 2025 | 1 | $7.3M | 102c | 475 bp | Aug 5, 2028 | |
| Dec 31, 2024 | 1 | $7.3M | 106c | 475 bp | Aug 5, 2028 | |
| Sep 30, 2024 | 1 | $3.8M | 103c | 475 bp | Aug 5, 2028 | |
| Jun 30, 2024 | 1 | $3.0M | 100c | 550 bp | Aug 5, 2028 | |
| Mar 31, 2024 | 1 | $3.0M | 101c | 550 bp | Aug 5, 2028 | |
| Dec 31, 2023 | 1 | $3.0M | 100c | 650 bp | Aug 5, 2028 | |
| Sep 30, 2023 | 1 | $3.0M | 100c | 550 bp | Aug 5, 2028 | |
| Mar 31, 2023 | 1 | $3.0M | 100c | 550 bp | Aug 5, 2028 | |
| Dec 31, 2022 | 1 | $3.0M | n/a | 650 bp | Aug 5, 2028 |
What changed on this facility
position and facility grain, including routine
Order
- Effective31 Dec 2025Spread changed (observed)$14.5M
- Effective31 Dec 2025$14.5M
- Effective31 Dec 2025Facility left every BDC schedule$14.5M
- Effective30 Sep 2024Spread changed (observed)$3.8M
- Effective31 Mar 2024Spread changed (observed)$3.0M
- Effective31 Dec 2023Spread changed (observed)$3.0M
Other pieces of this borrower's structure
- at least $81.5M
- first lien term loanexited Dec 31, 2025at least $139M
- first lien delayed draw term loanexited Dec 31, 2025at least $57.2M
- second lien delayed draw term loanexited Sep 30, 2025unknown
- second lien revolverexited Dec 31, 2025unknown
- preferred equityexited Dec 31, 2025$1.4M
- equityexited Dec 31, 2025$1.4M
How this facility is known
- Grain
- N•••• H•••••• C•••••• 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
- performingsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported