DFX Intelligence
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Facility
P••••• M••••••••• a•• C•••••••• L•• first lien revolver
first lienoff every schedule since Jun 30, 2023Commercial Services & Supplies
Principal held
at least $183,649
sum of BDC pieces, a lower bound
Fair value
$175,936
101c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
S+500 bp
floor 0.75%
PIK
none stated
Maturity
Aug 23, 2027
tagged by the filer
Lenders
0 holding
3 exited · 0 named on a deal
On the tape
3 quarters
Dec 31, 2022 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 | $400,000 | $400,000 100c | 500 bp | Mar 31, 2023 to Mar 31, 2023 |
| B•••••••• P•••••• C••••• F••• B•••••••• C•••••• I••••••••• A•••••••• L•• | exited | $94,860 | $90,876 101c | 500 bp | Dec 31, 2022 to Jun 30, 2023 |
| B•••••••• C•••••• I••••••••• C••• B•••••••• C•••••• I••••••••• A•••••••• L•• | exited | $88,789 | $85,060 101c | 500 bp | Dec 31, 2022 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 | 2 | $183,649 | 101c | 500 bp | Aug 23, 2027 | |
| Mar 31, 2023 | 3 | $514,781 | 100c | 500 bp | Aug 23, 2027 | |
| Dec 31, 2022 | 2 | $0 | n/a | 600 bp | Aug 23, 2027 |
What changed on this facility
position and facility grain, including routine
Order
- Effective30 Jun 2023Facility left every BDC schedule$184K
- Effective31 Mar 2023$400K
- Effective31 Mar 2023Spread changed (observed)$515K
Other pieces of this borrower's structure
- first lien term loanexited Jun 30, 2023at least $4.8M
- first lien delayed draw term loanexited Jun 30, 2023at least $2.6M
- revolverexited Jun 30, 2023at least $129,641
- otherexited Mar 31, 2023Not disclosed
- equityexited Mar 31, 2023$11.8M
How this facility is known
- Grain
- P••••• M••••••••• a•• C•••••••• 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
- performingsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported