DFX Intelligence
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Facility
C•••••• B•••• L•••••• first lien term loan
first lienoff every schedule since Sep 30, 2023
Principal held
at least $8.1M
sum of BDC pieces, a lower bound
Fair value
$9.8M
91c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+525 bp
modal across pieces
PIK
1.25%
paid in kind, the highest piece
Maturity
Jan 29, 2029
tagged by the filer
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
5 quarters
Sep 30, 2022 to Sep 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 |
|---|---|---|---|---|---|
| B••• C•••••• S•••••••• F••••••• I••• B••• A•••••••• L• | exited | $8.1M | $9.8M 91c | 525 bp | Sep 30, 2022 to Sep 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 |
|---|---|---|---|---|---|---|
| Sep 30, 2023 | 1 | $8.1M | 91c | 525 bp | 1.25% | Jan 29, 2029 |
| Jun 30, 2023 | 1 | $8.1M | 95c | 600 bp | Jan 29, 2029 | |
| Mar 31, 2023 | 1 | $8.1M | 92c | 600 bp | Jan 29, 2029 | |
| Dec 31, 2022 | 1 | $16.1M | 90c | 600 bp | Jan 29, 2029 | |
| Sep 30, 2022 | 1 | $8.1M | 83c | 600 bp | Jan 29, 2029 |
What changed on this facility
position and facility grain, including routine
- Facility left every BDC schedule Sep 30, 2023••• Locked
- PIK interest appears Sep 30, 2023••• Locked
- Spread changed (observed) Sep 30, 2023••• Locked
- Mark recovered Dec 31, 2022••• Locked
Other pieces of this borrower's structure
- at least $261M
- otherexited Sep 30, 2024at least $234M
- first lien delayed draw term loanexited Sep 30, 2024unknown
How this facility is known
- Grain
- C•••••• B•••• L•••••• 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