DFX Intelligence
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Facility
K•••• delayed draw term loan
lien unstatedoff every schedule since Sep 30, 2024Transportation: Cargo
Principal held
at least $59.8M
sum of BDC pieces, a lower bound
Fair value
$43.7M
102c on cost
Unfunded
$16.6M
pieces' unfunded commitments
Pricing
S+425 bp
modal across pieces
PIK
none stated
Maturity
Nov 15, 2029
html_schedule
Lenders
0 holding
2 exited · 0 named on a deal
On the tape
8 quarters
Dec 31, 2022 to Sep 30, 2024
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 |
|---|---|---|---|---|---|
| N••••• C•••••••• P•••••• C•••••• I••••• F••• C•••••••• P••• A•••••• L•• | exited · 4 pieces | $29.9M | $21.5M 102c | 425 bp | Dec 31, 2022 to Sep 30, 2024 |
| N••••• C•••••••• D••••• L•••••• C•••• C•••••••• D•• A•••••• L•• | exited · 4 pieces | $29.9M | $22.2M 102c | 425 bp | Dec 31, 2022 to Sep 30, 2024 |
Facility through time
pieces summed per quarter end across the BDCs holding it
| Quarter end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Sep 30, 2024 | 2 | $59.8M | 102c | 425 bp | Nov 15, 2029 | |
| Jun 30, 2024 | 2 | $59.9M | 102c | 500 bp | Nov 15, 2029 | |
| Mar 31, 2024 | 2 | $15.8M | 102c | 500 bp | Nov 15, 2029 | |
| Dec 31, 2023 | 2 | $15.9M | 102c | 500 bp | Nov 15, 2029 | |
| Sep 30, 2023 | 2 | $15.9M | 102c | 500 bp | Nov 15, 2029 | |
| Jun 30, 2023 | 2 | $15.9M | 101c | 500 bp | Nov 15, 2029 | |
| Mar 31, 2023 | 2 | $16.0M | 100c | 550 bp | Nov 15, 2029 | |
| Dec 31, 2022 | 2 | $2.3M | n/a | 550 bp | Nov 15, 2029 |
What changed on this facility
position and facility grain, including routine
Order
- Effective30 Sep 2024Spread changed (observed)$16.6M
- Effective30 Sep 2024Facility left every BDC schedule$16.6M
Other pieces of this borrower's structure
- at least $2.9M
- at least $328,741
- unknown
- otherexited Jun 30, 2024unknown
How this facility is known
- Grain
- K•••• x delayed draw 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