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
X••••• P••••••••• I•• first lien term loan
first lienheld today
Principal held
at least $11.3M
sum of BDC pieces, a lower bound
Fair value
$11.2M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+600 bp
modal across pieces
PIK
none stated
Maturity
Jan 28, 2027
html_schedule
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 |
|---|---|---|---|---|---|
| M••••• C•••••• C••• MC Advisors | dormant · 2 pieces | $5.9M | $5.9M 100c | 600 bp | Dec 31, 2021 to Dec 31, 2025 |
| M••••• C•••••• I••••• P••• C••• MC Advisors | held · 2 pieces | $11.3M | $11.2M 100c | 600 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 | $11.3M | 100c | 600 bp | Jan 28, 2027 | |
| Mar 31, 2026 | 1 | $7.7M | 100c | 600 bp | Jan 28, 2027 | |
| Dec 31, 2025 | 2 | $13.6M | 100c | 600 bp | Jan 28, 2027 | |
| Sep 30, 2025 | 2 | $13.6M | 100c | 600 bp | Jan 28, 2027 | |
| Jun 30, 2025 | 2 | $13.6M | 100c | 600 bp | Jan 28, 2027 | |
| Mar 31, 2025 | 2 | $13.7M | 100c | 550 bp | Jan 28, 2027 | |
| Dec 31, 2024 | 2 | $39.4M | 100c | 550 bp | Jan 28, 2027 | |
| Sep 30, 2024 | 2 | $13.7M | 100c | 611 bp | Jan 28, 2025 | |
| Jun 30, 2024 | 2 | $14.1M | 100c | 611 bp | Jan 28, 2025 | |
| Mar 31, 2024 | 2 | $14.4M | 101c | 661 bp | Jan 28, 2025 | |
| Dec 31, 2023 | 2 | $28.4M | 101c | 650 bp | Jan 28, 2025 | |
| Sep 30, 2023 | 2 | $14.7M | 101c | 600 bp | Jan 28, 2025 | |
| Jun 30, 2023 | 2 | $14.8M | 101c | 600 bp | Jan 28, 2025 | |
| Mar 31, 2023 | 2 | $14.8M | 102c | 650 bp | Jan 28, 2025 | |
| Dec 31, 2022 | 2 | $31.5M | 102c | 650 bp | Jan 28, 2025 | |
| Sep 30, 2022 | 1 | $6.4M | 102c | 650 bp | Jan 28, 2025 | |
| Dec 31, 2021 | 1 | $4.6M | 102c | 650 bp | Jan 28, 2025 |
What changed on this facility
position and facility grain, including routine
- Maturity approaching Jan 28, 2027X••••• P••••••••• I•• term loan (first lien) matures 2027-01-28 (inside 12 months; $11.3M held by 2 BDCs)
- Maturity approaching Jan 28, 2027X••••• P••••••••• I•• term loan (first lien) matures 2027-01-28 (inside 24 months; $11.3M held by 2 BDCs)
- Maturity approaching Jan 28, 2027X••••• P••••••••• I•• term loan (first lien) matures 2027-01-28 (inside 18 months; $11.3M held by 2 BDCs)
- Maturity extended (observed) Dec 31, 2024X••••• P••••••••• I•• term loan: maturity moved from 2025-01-28 to 2027-01-28
- Spread changed (observed) Dec 31, 2024X••••• P••••••••• I•• term loan: spread moved from 6.11% to 5.50%
- Spread changed (observed) Jun 30, 2024X••••• P••••••••• I•• term loan: spread moved from 6.61% to 6.11%
- Spread changed (observed) Dec 31, 2023X••••• P••••••••• I•• term loan: spread moved from 6.00% to 6.50%
- Spread changed (observed) Jun 30, 2023X••••• P••••••••• I•• term loan: spread moved from 6.50% to 6.00%
- New lender joined a facility Dec 31, 2022M••••• C•••••• I••••• P••• C••• joins X••••• P••••••••• I•• term loan (first lien) held by 1 other BDC
Other pieces of this borrower's structure
- at least $1.7M
- $172,000
How this facility is known
- Grain
- X••••• P••••••••• 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