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
G•••• A•• B•••• P•• L•• first lien delayed draw term loan
first lienheld today
Principal held
at least $268M
sum of BDC pieces, a lower bound
Fair value
$169M
108c on cost
Unfunded
$16.7M
pieces' unfunded commitments
Pricing
S+475 bp
modal across pieces
PIK
none stated
Maturity
Nov 15, 2031
html_schedule
Lenders
1 holding
0 exited · 0 named on a deal
On the tape
15 quarters
Dec 31, 2022 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 |
|---|---|---|---|---|---|
| H•• C•••••••• L•••••• F••• HPS ADVISORS, LLC | held · 3 pieces | $268M | $169M 108c | 475 bp | Dec 31, 2022 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 | $268M | 108c | 475 bp | Nov 15, 2031 | |
| Mar 31, 2026 | 1 | $268M | 109c | 475 bp | Nov 15, 2031 | |
| Dec 31, 2025 | 1 | $268M | 105c | 475 bp | Nov 15, 2031 | |
| Sep 30, 2025 | 1 | $268M | 103c | 475 bp | Nov 15, 2031 | |
| Jun 30, 2025 | 1 | $268M | 102c | 475 bp | Nov 15, 2031 | |
| Mar 31, 2025 | 1 | $268M | 97c | 475 bp | Nov 15, 2031 | |
| Dec 31, 2024 | 1 | $535M | 96c | 475 bp | Nov 15, 2031 | |
| Sep 30, 2024 | 1 | $131M | 110c | 650 bp | Oct 30, 2028 | |
| Jun 30, 2024 | 1 | $131M | 107c | 650 bp | Oct 30, 2028 | |
| Mar 31, 2024 | 1 | $131M | 104c | 650 bp | Oct 30, 2028 | |
| Dec 31, 2023 | 1 | $131M | 108c | 650 bp | Oct 30, 2028 | |
| Sep 30, 2023 | 1 | $131M | 101c | 650 bp | Oct 30, 2028 | |
| Jun 30, 2023 | 1 | $131M | 106c | 650 bp | Oct 30, 2028 | |
| Mar 31, 2023 | 1 | $131M | 107c | 650 bp | Oct 30, 2028 | |
| Dec 31, 2022 | 1 | n/a | n/a |
What changed on this facility
position and facility grain, including routine
- Maturity extended (observed) Dec 31, 2024G•••• A•• B•••• P•• L•• delayed draw: maturity moved from 2028-10-30 to 2031-11-15
- Spread changed (observed) Dec 31, 2024G•••• A•• B•••• P•• L•• delayed draw: spread moved from 6.50% to 4.75%
Other pieces of this borrower's structure
- first lien term loanexited Sep 30, 2024at least $7.1M
- otherexited Sep 30, 2024unknown
- delayed draw term loanexited Dec 31, 2024unknown
How this facility is known
- Grain
- G•••• A•• B•••• P•• L•• x first lien delayed draw 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