DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
Facility
Retailing MeriCal, LLC first lien term loan
first lienheld today
Principal held
at least $9.0M
sum of BDC pieces, a lower bound
Fair value
$4.2M
60c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
unstated
modal across pieces
PIK
none stated
Maturity
Jul 31, 2026
tagged by the filer
Lenders
1 holding
0 exited · 0 named on a deal
On the tape
14 quarters
Mar 31, 2023 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 |
|---|---|---|---|---|---|
| Crescent Capital BDC, Inc. CRESCENT CAP ADVISORS, LLC | held | $9.0M | $4.2M 60c | Mar 31, 2023 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 | 1 | $9.0M | 60c | Jul 31, 2026 | ||
| Mar 31, 2026 | 1 | $8.7M | 67c | May 31, 2026 | ||
| Dec 31, 2025 | 1 | $8.5M | 53c | Jan 31, 2026 | ||
| Sep 30, 2025 | 1 | $7.5M | 53c | Nov 30, 2025 | ||
| Jun 30, 2025 | 1 | $7.5M | 46c | Nov 30, 2025 | ||
| Mar 31, 2025 | 1 | $7.5M | 49c | Nov 30, 2025 | ||
| Dec 31, 2024 | 1 | $7.3M | 51c | Nov 30, 2025 | ||
| Sep 30, 2024 | 1 | $8.4M | 58c | 7.75% | Nov 1, 2024 | |
| Jun 30, 2024 | 1 | $8.0M | 58c | 7.75% | Nov 1, 2024 | |
| Mar 31, 2024 | 1 | $7.7M | 57c | 7.75% | Nov 1, 2024 | |
| Dec 31, 2023 | 1 | $7.5M | 57c | 775 bp | Nov 1, 2024 | |
| Sep 30, 2023 | 1 | $7.2M | 74c | 675 bp | Nov 1, 2023 | |
| Jun 30, 2023 | 1 | $7.2M | 86c | 675 bp | Nov 1, 2023 | |
| Mar 31, 2023 | 1 | $7.3M | 101c | 675 bp | Nov 1, 2023 |
What changed on this facility
position and facility grain, including routine
- Maturity approaching Jul 31, 2026Retailing MeriCal, LLC term loan (first lien) matures 2026-07-31 (inside 12 months; $9.0M held by 1 BDC)
- Maturity approaching Jul 31, 2026Retailing MeriCal, LLC term loan (first lien) matures 2026-07-31 (inside 18 months; $9.0M held by 1 BDC)
- Maturity approaching Jul 31, 2026Retailing MeriCal, LLC term loan (first lien) matures 2026-07-31 (inside 24 months; $9.0M held by 1 BDC)
- Marked down across lenders Jun 30, 2026Retailing MeriCal, LLC term loan: marked from 67 to 60 cents on cost across 1 lender(s)
- Mark recovered Mar 31, 2026Retailing MeriCal, LLC term loan: marked from 53 to 67 cents on cost
- Maturity extended (observed) Mar 31, 2026Retailing MeriCal, LLC term loan: maturity moved from 2026-01-31 to 2026-05-31
- Mark recovered Sep 30, 2025Retailing MeriCal, LLC term loan: marked from 46 to 53 cents on cost
- Maturity extended (observed) Dec 31, 2024Retailing MeriCal, LLC term loan: maturity moved from 2024-01-11 to 2025-11-30
- Marked down across lenders Dec 31, 2024Retailing MeriCal, LLC term loan: marked from 58 to 51 cents on cost across 1 lender(s)
- PIK interest appears Mar 31, 2024Retailing MeriCal, LLC term loan: PIK interest of 7.75% appears (was cash pay)
- Spread changed (observed) Dec 31, 2023Retailing MeriCal, LLC term loan: spread moved from 6.75% to 7.75%
- Maturity extended (observed) Dec 31, 2023Retailing MeriCal, LLC term loan: maturity moved from 2023-01-11 to 2024-01-11
- Marked down across lenders Dec 31, 2023Retailing MeriCal, LLC term loan: marked from 74 to 57 cents on cost across 1 lender(s)
- Marked down across lenders Sep 30, 2023Retailing MeriCal, LLC term loan: marked from 86 to 74 cents on cost across 1 lender(s)
- Marked down across lenders Jun 30, 2023Retailing MeriCal, LLC term loan: marked from 101 to 86 cents on cost across 1 lender(s)
Other pieces of this borrower's structure
- at least $1.1M
- n/a
- n/a
How this facility is known
- Grain
- Retailing MeriCal, LLC 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