DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
Facility
A••• L•• first lien revolver
first lienoff every schedule since Jun 30, 2023
Principal held
at least $14.8M
sum of BDC pieces, a lower bound
Fair value
$14.8M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+425 bp
modal across pieces
PIK
12.50%
paid in kind, the highest piece
Maturity
Sep 1, 2026
html_schedule
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
5 quarters
Dec 31, 2021 to Jun 30, 2023
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 |
|---|---|---|---|---|---|
| A••• C•••••• C••• A••• C•••••• M••••••••• L•• | exited | $14.8M | $14.8M 100c | 425 bp | Dec 31, 2021 to Jun 30, 2023 |
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, 2023 | 1 | $14.8M | 100c | 425 bp | 12.50% | Sep 1, 2026 |
| Mar 31, 2023 | 1 | $12.6M | 83c | 425 bp | 0.51% | Sep 1, 2023 |
| Dec 31, 2022 | 1 | $14.1M | 95c | 475 bp | 0.52% | Sep 1, 2023 |
| Sep 30, 2022 | 1 | $12.9M | 97c | 525 bp | 0.50% | Oct 1, 2022 |
| Dec 31, 2021 | 1 | $11.9M | 99c | 425 bp | 0.50% | Sep 1, 2022 |
What changed on this facility
position and facility grain, including routine
- Mark recovered Jun 30, 2023A••• L•• revolver: marked from 83 to 100 cents on cost
- Facility left every BDC schedule Jun 30, 2023A••• L•• revolver (first lien) left every BDC schedule after 2023-06-30 (1 lender, $14.8M last held)
- Maturity extended (observed) Jun 30, 2023A••• L•• revolver: maturity moved from 2023-09-01 to 2026-09-01
- PIK interest increased Jun 30, 2023A••• L•• revolver: PIK interest rose from 0.51% to 12.50%
- Marked down across lenders Mar 31, 2023A••• L•• revolver: marked from 95 to 83 cents on cost across 1 lender(s)
- Maturity extended (observed) Dec 31, 2022A••• L•• revolver: maturity moved from 2022-10-01 to 2023-09-01
- Spread changed (observed) Sep 30, 2022A••• L•• revolver: spread moved from 4.25% to 5.25%
Other pieces of this borrower's structure
- at least $58.1M
- at least $15.8M
- $0
- $31.5M
How this facility is known
- Grain
- A••• L•• x first lien revolverderivedborrower 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