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.
Facility
HOV K Hovnanian Enterprises Inc first lien revolver
first lienheld todayHousehold Durables
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
$-5.9M
n/a on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+450 bp
floor 3.00%
PIK
none stated
Maturity
Jun 30, 2028
tagged by the filer
Lenders
1 holding
0 exited · 0 named on a deal
On the tape
10 quarters
Mar 31, 2024 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 |
|---|---|---|---|---|---|
| Apollo Debt Solutions BDC APOLLO CREDIT MANAGEMENT, LLC | held | n/a | $-5.9M 107c | 450 bp | Mar 31, 2024 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 | n/a | n/a | 450 bp | Jun 30, 2028 | |
| Mar 31, 2026 | 1 | n/a | n/a | 450 bp | Jun 30, 2028 | |
| Dec 31, 2025 | 1 | n/a | n/a | 450 bp | Jun 30, 2028 | |
| Sep 30, 2025 | 1 | n/a | n/a | 450 bp | Jun 30, 2028 | |
| Jun 30, 2025 | 1 | n/a | n/a | 450 bp | Jun 30, 2028 | |
| Mar 31, 2025 | 1 | $34.7M | 100c | 450 bp | Jun 30, 2028 | |
| Dec 31, 2024 | 1 | $16.8M | 107c | 450 bp | Jun 30, 2028 | |
| Sep 30, 2024 | 1 | n/a | n/a | 450 bp | Jun 30, 2026 | |
| Jun 30, 2024 | 1 | $0 | n/a | 450 bp | Jun 30, 2028 | |
| Mar 31, 2024 | 1 | $70.0M | n/a | 450 bp | Jun 30, 2028 |
What changed on this facility
position and facility grain, including routine
- Maturity approaching Jun 30, 2028HOV K Hovnanian Enterprises Inc revolver (first lien) matures 2028-06-30 (inside 24 months; $.0M held by 1 BDC)
- Maturity extended (observed) Dec 31, 2024HOV K Hovnanian Enterprises Inc revolver: maturity moved from 2026-06-30 to 2028-06-30
Other pieces of this borrower's structure
- first lien term loanexited Jun 30, 2025at least $4.0M
- otherexited Mar 31, 2025$36.9M
How this facility is known
- Grain
- HOV K Hovnanian Enterprises Inc x first lien revolverderivedborrower 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