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
Exacta Land Surveyors term loan
Principal held
at least $17.4M
sum of BDC pieces, a lower bound
Fair value
$16.9M
97c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
//stelluscapital.com/20260630#Three Month Term Secured Overnight Financing Rate+675 bp
floor 1.50%
PIK
15.00%
paid in kind, the highest piece
Maturity
Jun 30, 2028
tagged by the filer
Lenders
1 holding
0 exited · 0 named on a deal
On the tape
17 quarters
Dec 31, 2021 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 |
|---|---|---|---|---|---|
| Stellus Capital Investment Corp STELLUS CAPITAL MANAGEMENT, LLC | held · 3 pieces | $17.4M | $16.9M 97c | 675 bp | Dec 31, 2021 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 | $17.4M | 97c | 675 bp | 15.00% | Jun 30, 2028 |
| Mar 31, 2026 | 1 | $17.4M | 96c | 675 bp | 15.00% | Jun 30, 2028 |
| Dec 31, 2025 | 1 | $17.4M | 96c | 675 bp | 15.00% | Jun 30, 2028 |
| Sep 30, 2025 | 1 | $991,967 | 95c | 675 bp | 15.00% | Jun 30, 2028 |
| Jun 30, 2025 | 1 | $17.4M | 94c | 675 bp | 15.00% | Dec 31, 2027 |
| Mar 31, 2025 | 1 | $17.3M | 94c | 675 bp | 15.00% | Dec 31, 2027 |
| Dec 31, 2024 | 1 | $17.5M | 94c | 575 bp | 15.00% | Dec 31, 2027 |
| Sep 30, 2024 | 1 | $17.4M | 95c | 675 bp | 15.00% | Dec 31, 2027 |
| Jun 30, 2024 | 1 | $16.3M | 93c | 675 bp | 15.00% | Dec 31, 2027 |
| Mar 31, 2024 | 1 | $17.3M | 93c | 675 bp | 1.00% | Dec 31, 2027 |
| Dec 31, 2023 | 1 | $17.3M | 93c | 675 bp | 1.00% | Dec 31, 2027 |
| Sep 30, 2023 | 1 | $8.8M | 101c | 575 bp | Dec 31, 2027 | |
| Jun 30, 2023 | 1 | $17.3M | 100c | 675 bp | 1.00% | Dec 31, 2027 |
| Mar 31, 2023 | 1 | $17.3M | 100c | 575 bp | Dec 31, 2027 | |
| Dec 31, 2022 | 1 | $17.4M | 99c | 575 bp | Dec 31, 2027 | |
| Sep 30, 2022 | 1 | $17.4M | n/a | 575 bp | Dec 31, 2027 | |
| Dec 31, 2021 | 1 | $16.5M | 98c | 575 bp | Dec 31, 2027 |
What changed on this facility
position and facility grain, including routine
- Maturity approaching Jun 30, 2028Exacta Land Surveyors, LLC term loan (unknown) matures 2028-06-30 (inside 24 months; $17.4M held by 1 BDC)
- Maturity extended (observed) Sep 30, 2025Exacta Land Surveyors, LLC term loan: maturity moved from 2027-12-31 to 2028-06-30
- Spread changed (observed) Mar 31, 2025Exacta Land Surveyors, LLC term loan: spread moved from 5.75% to 6.75%
- Spread changed (observed) Dec 31, 2024Exacta Land Surveyors, LLC term loan: spread moved from 6.75% to 5.75%
- PIK interest increased Jun 30, 2024Exacta Land Surveyors, LLC term loan: PIK interest rose from 1.00% to 15.00%
- Spread changed (observed) Dec 31, 2023Exacta Land Surveyors, LLC term loan: spread moved from 5.75% to 6.75%
- Marked down across lenders Dec 31, 2023Exacta Land Surveyors, LLC term loan: marked from 101 to 93 cents on cost across 1 lender(s)
- PIK interest appears Dec 31, 2023Exacta Land Surveyors, LLC term loan: PIK interest of 1.00% appears (was cash pay)
- Spread changed (observed) Sep 30, 2023Exacta Land Surveyors, LLC term loan: spread moved from 6.75% to 5.75%
- PIK interest appears Jun 30, 2023Exacta Land Surveyors, LLC term loan: PIK interest of 1.00% appears (was cash pay)
- Spread changed (observed) Jun 30, 2023Exacta Land Surveyors, LLC term loan: spread moved from 5.75% to 6.75%
Other pieces of this borrower's structure
- $182,059
How this facility is known
- Grain
- Exacta Land Surveyors x term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Sponsor basis
- the sponsor's own portfolio page lists a company of this namederived
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported