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.
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Facility
2• L•• term loan
lien unstatedheld today
Principal held
at least $15.4M
sum of BDC pieces, a lower bound
Fair value
$15.4M
101c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
//stelluscapital.com/20260630#Three Month Term Secured Overnight Financing Rate+500 bp
floor 2.00%
PIK
none stated
Maturity
Jun 5, 2028
tagged by the filer
Lenders
2 holding
0 exited · 0 named on a deal
On the tape
13 quarters
Jun 30, 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 |
|---|---|---|---|---|---|
| S•••••• C•••••• I••••••••• C••• STELLUS CAPITAL MANAGEMENT, LLC | held · 3 pieces | $10.6M | $10.6M 101c | 500 bp | Jun 30, 2023 to Jun 30, 2026 |
| S•••••• P•••••• C••••• B•• STELLUS PRIVATE BDC ADVISOR, LLC | held · 5 pieces | $4.8M | $4.8M 101c | 500 bp | Jun 30, 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 | 2 | $15.4M | 101c | 500 bp | Jun 5, 2028 | |
| Mar 31, 2026 | 2 | $15.4M | 101c | 500 bp | Jun 5, 2028 | |
| Dec 31, 2025 | 2 | $20.1M | 101c | 500 bp | Jun 5, 2028 | |
| Sep 30, 2025 | 2 | $10.2M | 101c | 500 bp | Jun 5, 2028 | |
| Jun 30, 2025 | 2 | $15.5M | 101c | 500 bp | Jun 5, 2028 | |
| Mar 31, 2025 | 2 | $15.6M | 101c | 500 bp | Jun 5, 2028 | |
| Dec 31, 2024 | 2 | $14.0M | 101c | 500 bp | Jun 5, 2028 | |
| Sep 30, 2024 | 2 | $8.6M | 102c | 650 bp | Jun 5, 2028 | |
| Jun 30, 2024 | 2 | $8.6M | 102c | 650 bp | Jun 5, 2028 | |
| Mar 31, 2024 | 2 | $8.6M | 102c | 650 bp | Jun 5, 2028 | |
| Dec 31, 2023 | 2 | $18.7M | 101c | 650 bp | Jun 5, 2028 | |
| Sep 30, 2023 | 2 | $8.0M | 101c | 650 bp | Jun 5, 2028 | |
| Jun 30, 2023 | 2 | $8.0M | 100c | 650 bp | Jun 5, 2028 |
What changed on this facility
position and facility grain, including routine
- Maturity approaching Jun 5, 20282• L•• term loan (unknown) matures 2028-06-05 (inside 24 months; $15.4M held by 2 BDCs)
- Spread changed (observed) Dec 31, 20242• L•• term loan: spread moved from 6.50% to 5.00%
Other pieces of this borrower's structure
How this facility is known
- Grain
- 2• L•• x 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