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Facility

N•••••••• I•• first lien term loan

first lienheld today
Principal held
at least $155M
sum of BDC pieces, a lower bound
Fair value
$152M
98c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+520 bp
modal across pieces
PIK
2.70%
paid in kind, the highest piece
Maturity
Aug 1, 2031
html_schedule
Lenders
2 holding
2 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
LenderStatusPrincipalFair valueSpreadHeld
G•••• C•••••• P•••••• C••••• F•••
GC ADVISORS LLC
exited$10.0M$10.0M
100c
375 bpMar 31, 2024 to Jun 30, 2024
A•••• C••••• B•• I•••exited$3.4M$3.4M
100c
400 bpDec 31, 2022 to Sep 30, 2023
A••• S•••••••• I••••• F•••
A••• C•••••• MANAGEMENT LLC
held$93.4M$91.6M
99c
520 bpDec 31, 2022 to Jun 30, 2026
A••• C•••••• C•••
A••• C•••••• MANAGEMENT LLC
held · 2 pieces$61.6M$60.4M
98c
520 bpSep 30, 2023 to Jun 30, 2026
Facility through time
pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Jun 30, 20262$155M98c520 bp2.70%Aug 1, 2031
Mar 31, 20262$154M100c520 bp2.70%Aug 1, 2031
Dec 31, 20252$153M100c520 bp2.70%Aug 1, 2031
Sep 30, 20252$113M101c495 bp2.45%Aug 1, 2031
Jun 30, 20252$112M101c495 bp2.45%Aug 1, 2031
Mar 31, 20252$112M101c495 bp2.70%Aug 1, 2031
Dec 31, 20242$220M99c520 bp2.70%Aug 1, 2031
Sep 30, 20242$218M99c520 bp3.00%Aug 1, 2031
Jun 30, 20243$54.4M100c375 bpOct 1, 2027
Mar 31, 20243$41.0M101c375 bpOct 1, 2027
Dec 31, 20232$35.1M101c375 bpOct 1, 2027
Sep 30, 20233$38.6M101c400 bpOct 1, 2027
Jun 30, 20232$15.6M100c400 bpOct 1, 2027
Mar 31, 20231$3.6M100c400 bpOct 1, 2027
Dec 31, 20222$4.4M97c400 bpOct 1, 2027
What changed on this facility
position and facility grain, including routine
  • Spread changed (observed) Sep 30, 2024
    N•••••••• I•• term loan: spread moved from 3.75% to 5.20%
  • Maturity extended (observed) Sep 30, 2024
    N•••••••• I•• term loan: maturity moved from 2027-10-01 to 2031-08-01
  • PIK interest appears Sep 30, 2024
    N•••••••• I•• term loan: PIK interest of 3.00% appears (was cash pay)
  • Lender left a facility Jun 30, 2024
    G•••• C•••••• P•••••• C••••• F••• no longer holds N•••••••• I•• term loan after 2024-06-30; 2 BDC(s) still hold it
  • New lender joined a facility Mar 31, 2024
    G•••• C•••••• P•••••• C••••• F••• joins N•••••••• I•• term loan (first lien) held by 2 other BDCs
  • New lender joined a facility Sep 30, 2023
    A••• C•••••• C••• joins N•••••••• I•• term loan (first lien) held by 2 other BDCs
  • Lender left a facility Sep 30, 2023
    A•••• C••••• B•• I••• no longer holds N•••••••• I•• term loan after 2023-09-30; 2 BDC(s) still hold it
Other pieces of this borrower's structure
How this facility is known
Grain
N•••••••• I•• 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