DFX Intelligence
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Facility
N•••••••• T••••• L•• first lien term loan
first lienheld todayGroup) | First lien senior secured loan | Non-Affiliated Issuer
Principal held
at least $178M
sum of BDC pieces, a lower bound
Fair value
$171M
99c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
11.10%
modal across pieces
PIK
9.00%
paid in kind, the highest piece
Maturity
Dec 1, 2031
html_schedule
Lenders
6 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••• O•• C••••• A••••••• | dormant | $60.0M | $55.5M 93c | 725 bp | Dec 31, 2022 to Sep 30, 2024 |
| N•• M••••••• G••••••• I•• B••• L••••• N•• M••••••• F•••••• A••••••• B••• L•••• | dormant · 3 pieces | $48.2M | $41.1M 93c | 475 bp | Dec 31, 2022 to Sep 30, 2024 |
| B••• O•• C••••• I••••• C•••• B••• O•• C••••• A••••••• L•• | held · 2 pieces | $79.9M | $78.5M 99c | Dec 31, 2022 to Jun 30, 2026 | |
| B••• O•• C•••••• C••• B••• O•• C••••• A••••••• L•• | held · 2 pieces | $67.7M | $66.5M 99c | Dec 31, 2021 to Jun 30, 2026 | |
| N•• M••••••• P•••••• C••••• F••• N•• M••••••• F•••••• A•••••••• L••••• | held · 2 pieces | $13.2M | $11.1M 100c | Dec 31, 2023 to Jun 30, 2026 | |
| B••• O•• C•••••• C••• I• B••• O•• C••••• A••••••• L•• | held · 2 pieces | $9.6M | $9.4M 99c | Dec 31, 2022 to Jun 30, 2026 | |
| N•• S•• I• I••• N•• M••••••• F•••••• A•••••••• L••••• | held · 4 pieces | $6.7M | $5.7M 100c | Dec 31, 2022 to Jun 30, 2026 | |
| N•• M••••••• F•••••• C••• N•• M••••••• F•••••• A•••••••• L••••• | held | $938,000 | $0 | Dec 31, 2021 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 | 6 | $178M | 99c | 9.00% | Dec 1, 2031 | |
| Mar 31, 2026 | 6 | $178M | 99c | 9.00% | Dec 1, 2031 | |
| Dec 31, 2025 | 6 | $185M | 100c | 9.00% | Dec 1, 2031 | |
| Sep 30, 2025 | 6 | $542M | 62c | 475 bp | 2.50% | Nov 1, 2027 |
| Jun 30, 2025 | 6 | $541M | 72c | 475 bp | 2.50% | Nov 1, 2027 |
| Mar 31, 2025 | 6 | $538M | 85c | 475 bp | 2.50% | Nov 1, 2027 |
| Dec 31, 2024 | 6 | $940M | 90c | 475 bp | 2.50% | Nov 1, 2027 |
| Sep 30, 2024 | 7 | $527M | 93c | 475 bp | 2.50% | Nov 1, 2027 |
| Jun 30, 2024 | 7 | $520M | 94c | 475 bp | 2.50% | Nov 1, 2027 |
| Mar 31, 2024 | 7 | $518M | 95c | 675 bp | Nov 1, 2027 | |
| Dec 31, 2023 | 8 | $866M | 94c | 675 bp | Nov 1, 2027 | |
| Sep 30, 2023 | 6 | $405M | 95c | 675 bp | Nov 1, 2027 | |
| Jun 30, 2023 | 7 | $515M | 98c | 675 bp | Nov 1, 2027 | |
| Mar 31, 2023 | 7 | $516M | 99c | 675 bp | Nov 1, 2027 | |
| Dec 31, 2022 | 7 | $541M | 100c | 675 bp | Nov 1, 2027 | |
| Sep 30, 2022 | 2 | $132M | 101c | 675 bp | Nov 23, 2027 | |
| Dec 31, 2021 | 2 | $123M | 100c | 650 bp | Nov 23, 2027 |
What changed on this facility
position and facility grain, including routine
- PIK interest increased Dec 31, 2025••• Locked
- Maturity extended (observed) Dec 31, 2025••• Locked
- Mark recovered Dec 31, 2025••• Locked
- Marked down across lenders Sep 30, 2025••• Locked
- Marked down across lenders Jun 30, 2025••• Locked
- Marked down across lenders Mar 31, 2025••• Locked
- Spread changed (observed) Jun 30, 2024••• Locked
- PIK interest appears Jun 30, 2024••• Locked
- New lender joined a facility Dec 31, 2022••• Locked
- New lender joined a facility Dec 31, 2022••• Locked
- New lender joined a facility Dec 31, 2022••• Locked
Other pieces of this borrower's structure
- at least $8.1M
- unknown
- first lien delayed draw term loanexited Sep 30, 2024at least $5.2M
- $113M
- $240M
How this facility is known
- Grain
- N•••••••• T••••• L•• x first lien term loanderivedborrower 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