DFX Intelligence
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Facility
A•••••• T••••••••• L•• second lien term loan
second lienheld todayDiversified Telecommunication Services
Principal held
at least $169M
sum of BDC pieces, a lower bound
Fair value
$8.4M
14c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+905 bp
floor 1.00%
PIK
none stated
Maturity
unstated
Lenders
1 holding
2 exited · 0 named on a deal
On the tape
21 quarters
Mar 18, 2019 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 |
|---|---|---|---|---|---|
| B•••••••• T•• C•••••• C•••• T••••••••• C•••••• P•••••••• L•• | exited | $29.0M | $1.0M 4c | Dec 31, 2022 to Dec 31, 2024 | |
| A••• C•••••• C••• A••• C•••••• M••••••••• L•• | exited | $200,000 | $100,000 50c | Sep 30, 2022 to Dec 31, 2023 | |
| P••••••• C•••••• C••• P••••••• C•••••• M••••••••• L••• | held · 2 pieces | $169M | $8.4M 14c | 905 bp | Mar 18, 2019 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 | $169M | 14c | 905 bp | ||
| Mar 31, 2026 | 1 | $163M | 14c | 905 bp | ||
| Dec 31, 2025 | 1 | $158M | 13c | 905 bp | ||
| Sep 30, 2025 | 1 | $153M | 13c | 905 bp | ||
| Jun 30, 2025 | 1 | $295M | 13c | 905 bp | ||
| Mar 31, 2025 | 1 | $143M | 12c | 905 bp | ||
| Mar 4, 2025 | 1 | n/a | n/a | |||
| Jan 2, 2025 | 1 | n/a | n/a | |||
| Dec 31, 2024 | 2 | $120M | 7c | 905 bp | 8.05% | Oct 31, 2025 |
| Sep 30, 2024 | 2 | $115M | 68c | 905 bp | 8.05% | Jul 31, 2026 |
| Jun 30, 2024 | 2 | $199M | 70c | 905 bp | 8.05% | Jul 31, 2026 |
| Mar 31, 2024 | 2 | $110M | 63c | 905 bp | 8.05% | Jul 31, 2026 |
| Mar 4, 2024 | 1 | n/a | n/a | |||
| Dec 31, 2023 | 3 | $78.2M | 64c | 825 bp | Nov 1, 2025 | |
| Sep 30, 2023 | 2 | $26.0M | 73c | 825 bp | Nov 1, 2025 | |
| Jun 30, 2023 | 3 | $76.7M | 93c | 825 bp | Nov 1, 2025 | |
| Mar 31, 2023 | 3 | $76.7M | 68c | 825 bp | Nov 1, 2025 | |
| Dec 31, 2022 | 3 | $76.7M | 79c | 825 bp | Nov 1, 2025 | |
| Sep 30, 2022 | 2 | $50.9M | 95c | 825 bp | Nov 1, 2025 | |
| Jun 30, 2022 | 1 | $50.7M | 96c | 825 bp | ||
| Mar 18, 2019 | 1 | n/a | n/a |
What changed on this facility
position and facility grain, including routine
- Marked down across lenders Dec 31, 2024A•••••• T••••••••• L•• term loan: marked from 68 to 7 cents on cost across 2 lender(s)
- Lender left a facility Dec 31, 2024B•••••••• T•• C•••••• C•••• no longer holds A•••••• T••••••••• L•• term loan after 2024-12-31; 1 BDC(s) still hold it
- Mark recovered Jun 30, 2024A•••••• T••••••••• L•• term loan: marked from 63 to 70 cents on cost
- PIK interest appears Mar 31, 2024A•••••• T••••••••• L•• term loan: PIK interest of 8.05% appears (was cash pay)
- Marked down across lenders Dec 31, 2023A•••••• T••••••••• L•• term loan: marked from 73 to 64 cents on cost across 3 lender(s)
- Lender left a facility Dec 31, 2023A••• C•••••• C••• no longer holds A•••••• T••••••••• L•• term loan after 2023-12-31; 1 BDC(s) still hold it
- Marked down across lenders Sep 30, 2023A•••••• T••••••••• L•• term loan: marked from 93 to 73 cents on cost across 2 lender(s)
- Mark recovered Jun 30, 2023A•••••• T••••••••• L•• term loan: marked from 68 to 93 cents on cost
- Marked down across lenders Mar 31, 2023A•••••• T••••••••• L•• term loan: marked from 79 to 68 cents on cost across 3 lender(s)
- Marked down across lenders Dec 31, 2022A•••••• T••••••••• L•• term loan: marked from 95 to 79 cents on cost across 3 lender(s)
- New lender joined a facility Dec 31, 2022B•••••••• T•• C•••••• C•••• joins A•••••• T••••••••• L•• term loan (second lien) held by 2 other BDCs
- New lender joined a facility Sep 30, 2022A••• C•••••• C••• joins A•••••• T••••••••• L•• term loan (second lien) held by 1 other BDC
Other pieces of this borrower's structure
- at least $81.2M
- n/a
How this facility is known
- Grain
- A•••••• T••••••••• L•• x second 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