DFX Intelligence
Private Credit Intelligence
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Facility
F•••••••• O••••••••• L•• other
lien unstatedoff every schedule since Jun 30, 2025Software
Principal held
at least $53.3M
sum of BDC pieces, a lower bound
Fair value
$58.0M
107c on cost
Unfunded
$4.4M
pieces' unfunded commitments
Pricing
S+825 bp
modal across pieces
PIK
none stated
Maturity
unstated
Lenders
0 holding
4 exited · 0 named on a deal
On the tape
8 quarters
Mar 31, 2023 to Jun 30, 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 |
|---|---|---|---|---|---|
| S• I••••••••• C•••• MS CAPITAL PARTNERS ADVISER INC. | dormant · 6 pieces | $820,000 | $831,000 102c | 825 bp | Dec 31, 2023 to Mar 31, 2024 |
| N•••• H•••• P•••••• I••••• F••• L•• MS CAPITAL PARTNERS ADVISER INC. | exited · 4 pieces | $46.2M | $50.0M 107c | 825 bp | Dec 31, 2023 to Jun 30, 2025 |
| T• S••••• B•• L•• MS CAPITAL PARTNERS ADVISER INC. | exited · 4 pieces | $7.1M | $8.0M 110c | 825 bp | Dec 31, 2023 to Jun 30, 2025 |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• G•••••• S•••• Asset Management, L.P | exited | n/a | n/a | 750 bp | Mar 31, 2023 to Mar 31, 2023 |
| M••••• S•••••• D••••• L•••••• F••• MS CAPITAL PARTNERS ADVISER INC. | exited · 4 pieces | n/a | n/a | Dec 31, 2023 to Jun 30, 2025 |
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, 2025 | 3 | $53.3M | 107c | 825 bp | ||
| Mar 31, 2025 | 3 | $49.0M | 108c | 825 bp | ||
| Dec 31, 2024 | 3 | $38.4M | 110c | 825 bp | ||
| Sep 30, 2024 | 3 | $34.6M | 106c | 825 bp | ||
| Jun 30, 2024 | 2 | $31.1M | 101c | 825 bp | ||
| Mar 31, 2024 | 4 | $43.4M | 102c | 825 bp | Nov 27, 2029 | |
| Dec 31, 2023 | 4 | $38.4M | 100c | 825 bp | Nov 27, 2029 | |
| Mar 31, 2023 | 1 | n/a | n/a | 750 bp | 3.00% | Oct 4, 2027 |
What changed on this facility
position and facility grain, including routine
- Facility left every BDC schedule Jun 30, 2025F•••••••• O••••••••• LLC other (unknown) left every BDC schedule after 2025-06-30 (5 lenders, $53.3M last held)
- Lender left a facility Jun 30, 2025N•••• H•••• P•••••• I••••• F••• L•• no longer holds F•••••••• O••••••••• LLC other after 2025-06-30; 2 BDC(s) still hold it
- Lender left a facility Jun 30, 2025T• S••••• B•• L•• no longer holds F•••••••• O••••••••• LLC other after 2025-06-30; 2 BDC(s) still hold it
- Lender left a facility Jun 30, 2025M••••• S•••••• D••••• L•••••• F••• no longer holds F•••••••• O••••••••• LLC other after 2025-06-30; 2 BDC(s) still hold it
- New lender joined a facility Dec 31, 2023N•••• H•••• P•••••• I••••• F••• L•• joins F•••••••• O••••••••• LLC other (unknown) held by 3 other BDCs
- New lender joined a facility Dec 31, 2023T• S••••• B•• L•• joins F•••••••• O••••••••• LLC other (unknown) held by 3 other BDCs
- New lender joined a facility Dec 31, 2023S• I••••••••• C•••• joins F•••••••• O••••••••• LLC other (unknown) held by 3 other BDCs
- New lender joined a facility Dec 31, 2023M••••• S•••••• D••••• L•••••• F••• joins F•••••••• O••••••••• LLC other (unknown) held by 3 other BDCs
- Lender left a facility Mar 31, 2023G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• no longer holds F•••••••• O••••••••• LLC other after 2023-03-31; 2 BDC(s) still hold it
Other pieces of this borrower's structure
- at least $529M
- at least $3.0M
- at least $0
- unknown
- unknown
- revolverexited Dec 31, 2024unknown
- delayed draw term loanexited Dec 31, 2024unknown
- $5.0M
How this facility is known
- Grain
- F•••••••• O••••••••• L•• x otherderivedborrower 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