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
S•••• C••••••••• L•• other
lien unstatedoff every schedule since Dec 31, 2025
Principal held
at least $32.5M
sum of BDC pieces, a lower bound
Fair value
$32.7M
101c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+325 bp
modal across pieces
PIK
none stated
Maturity
Aug 13, 2029
html_schedule
Lenders
0 holding
2 exited · 0 named on a deal
On the tape
15 quarters
Dec 31, 2021 to Dec 31, 2025
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 |
|---|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• BLACKSTONE PRIVATE CREDIT STRATEGIES LLC | exited · 3 pieces | $32.5M | $32.7M 101c | 325 bp | Dec 31, 2021 to Dec 31, 2025 |
| N•••• H•••• P•••••• I••••• F••• L•• MS CAPITAL PARTNERS ADVISER INC. | exited | $0 | $0 | 450 bp | Dec 31, 2022 to Sep 30, 2024 |
Facility through time
pieces summed per quarter end across the BDCs holding it
| Quarter end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Dec 31, 2025 | 1 | $32.5M | 101c | 325 bp | Aug 13, 2029 | |
| Sep 30, 2025 | 1 | $32.6M | 101c | 325 bp | Aug 12, 2029 | |
| Jun 30, 2025 | 1 | $32.6M | 101c | 400 bp | Aug 12, 2029 | |
| Mar 31, 2025 | 1 | $32.7M | 100c | 400 bp | Aug 12, 2029 | |
| Dec 31, 2024 | 1 | $57.6M | 101c | 450 bp | Aug 11, 2028 | |
| Sep 30, 2024 | 2 | $28.9M | 101c | 450 bp | Aug 11, 2028 | |
| Jun 30, 2024 | 2 | $30.9M | 100c | 450 bp | Aug 11, 2028 | |
| Mar 31, 2024 | 2 | $15.8M | 99c | 450 bp | Aug 11, 2028 | |
| Dec 31, 2023 | 2 | $21.8M | 99c | 450 bp | Aug 11, 2028 | |
| Sep 30, 2023 | 2 | $14.7M | 99c | 450 bp | Aug 11, 2028 | |
| Jun 30, 2023 | 2 | $14.7M | 97c | 450 bp | Aug 11, 2028 | |
| Mar 31, 2023 | 2 | $7.2M | 95c | 450 bp | Aug 11, 2028 | |
| Dec 31, 2022 | 2 | $11.6M | 92c | 450 bp | Aug 11, 2028 | |
| Sep 30, 2022 | 1 | $16.1M | 95c | 450 bp | Aug 11, 2028 | |
| Dec 31, 2021 | 1 | $12.6M | 101c | 450 bp | Jul 29, 2028 |
What changed on this facility
position and facility grain, including routine
- Facility left every BDC schedule Dec 31, 2025S•••• C••••••••• L•• other (unknown) left every BDC schedule after 2025-12-31 (2 lenders, $32.5M last held)
Other pieces of this borrower's structure
- at least $75.3M
How this facility is known
- Grain
- S•••• C••••••••• L•• x otherderivedborrower 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