DFX Intelligence
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Facility
D••••• I•• first lien term loan
first lienheld today
Principal held
at least $180M
sum of BDC pieces, a lower bound
Fair value
$180M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+650 bp
modal across pieces
PIK
none stated
Maturity
Nov 1, 2027
html_schedule
Lenders
2 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 |
|---|---|---|---|---|---|
| G•••••• S•••• B••• I••• G•••••• S•••• A•••• M••••••••• L•• | exited · 6 pieces | $101M | $99.3M 99c | 800 bp | Dec 31, 2022 to Jun 30, 2025 |
| S••••• C•••••• H••••••• L•• G•••••• S•••• A•••• M••••••••• L•• | exited · 5 pieces | $67.7M | $66.5M 99c | 800 bp | Dec 31, 2022 to Jun 30, 2025 |
| A••• S•••••••• I••••• F••• A••• C•••••• M••••••••• L•• | held | $95.6M | $95.6M 101c | 650 bp | Sep 30, 2025 to Jun 30, 2026 |
| A••• C•••••• C••• A••• C•••••• M••••••••• L•• | held | $84.3M | $84.3M 100c | 650 bp | Sep 30, 2025 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 | 2 | $180M | 100c | 650 bp | Nov 1, 2027 | |
| Mar 31, 2026 | 2 | $180M | 100c | 650 bp | Nov 1, 2027 | |
| Dec 31, 2025 | 2 | $181M | 99c | 650 bp | Nov 1, 2027 | |
| Sep 30, 2025 | 2 | $181M | 100c | 650 bp | Nov 1, 2027 | |
| Jun 30, 2025 | 2 | $169M | 99c | 800 bp | Jun 1, 2026 | |
| Mar 31, 2025 | 2 | $169M | 98c | 640 bp | Jun 1, 2026 | |
| Dec 31, 2024 | 2 | $169M | 97c | 640 bp | Jun 1, 2026 | |
| Sep 30, 2024 | 2 | $169M | 97c | 800 bp | Jun 1, 2026 | |
| Jun 30, 2024 | 2 | $170M | 97c | 800 bp | Jun 1, 2026 | |
| Mar 31, 2024 | 2 | $170M | 97c | 800 bp | Jun 1, 2026 | |
| Dec 31, 2023 | 2 | $326M | 97c | 640 bp | Jun 1, 2026 | |
| Sep 30, 2023 | 2 | $170M | 96c | 640 bp | Jun 1, 2026 | |
| Jun 30, 2023 | 2 | $170M | n/a | 800 bp | Aug 31, 2024 | |
| Mar 31, 2023 | 2 | $170M | n/a | 640 bp | Aug 31, 2024 | |
| Dec 31, 2022 | 2 | $341M | 96c | 600 bp | Aug 31, 2024 |
What changed on this facility
position and facility grain, including routine
- Maturity approaching Nov 1, 2027D••••• I•• term loan (first lien) matures 2027-11-01 (inside 24 months; $179.9M held by 4 BDCs)
- Maturity approaching Nov 1, 2027D••••• I•• term loan (first lien) matures 2027-11-01 (inside 18 months; $179.9M held by 4 BDCs)
- Spread changed (observed) Sep 30, 2025D••••• I•• term loan: spread moved from 8.00% to 6.50%
- Maturity extended (observed) Sep 30, 2025D••••• I•• term loan: maturity moved from 2026-06-01 to 2027-11-01
- New lender joined a facility Sep 30, 2025A••• S•••••••• I••••• F••• joins D••••• I•• term loan (first lien) held by 2 other BDCs
- New lender joined a facility Sep 30, 2025A••• C•••••• C••• joins D••••• I•• term loan (first lien) held by 2 other BDCs
- Spread changed (observed) Jun 30, 2025D••••• I•• term loan: spread moved from 6.40% to 8.00%
- Lender left a facility Jun 30, 2025G•••••• S•••• B••• I••• no longer holds D••••• I•• term loan after 2025-06-30; 2 BDC(s) still hold it
- Lender left a facility Jun 30, 2025S••••• C•••••• H••••••• L•• no longer holds D••••• I•• term loan after 2025-06-30; 2 BDC(s) still hold it
- Spread changed (observed) Dec 31, 2024D••••• I•• term loan: spread moved from 8.00% to 6.40%
- Spread changed (observed) Mar 31, 2024D••••• I•• term loan: spread moved from 6.40% to 8.00%
- Spread changed (observed) Sep 30, 2023D••••• I•• term loan: spread moved from 8.00% to 6.40%
- Maturity extended (observed) Sep 30, 2023D••••• I•• term loan: maturity moved from 2024-08-31 to 2026-06-01
- Spread changed (observed) Jun 30, 2023D••••• I•• term loan: spread moved from 6.40% to 8.00%
Other pieces of this borrower's structure
- at least $0
- n/a
How this facility is known
- Grain
- D••••• 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
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported