DFX Intelligence
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Facility
M•••••• S•••••••• H•••••••• I•• first lien term loan
Principal held
at least $16.4M
sum of BDC pieces, a lower bound
Fair value
$10.1M
72c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+525 bp
pieces from 350 bp to 525 bp
PIK
none stated
Maturity
Nov 1, 2030
tagged by the filer
Lenders
2 holding
2 exited · 0 named on a deal
On the tape
14 quarters
Dec 31, 2022 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 |
|---|---|---|---|---|---|
| A••••• D••• S•••••••• B•• A••••• C••••• M••••••••• L•• | exited | $9.0M | $8.4M 97c | 335 bp | Dec 31, 2022 to Dec 31, 2023 |
| C••••••• P•••••• C••••• I••••• C••• C••••••• C•• N• A•••••••• L•• | exited | $1.5M | $792,000 56c | 325 bp | Sep 30, 2023 to Jun 30, 2025 |
| P••••• S••••• C•••••• B•• I••• P••••• S••••• B•• A•••••• L•• | held · 3 pieces | $11.4M | $6.6M 58c | 525 bp | Dec 31, 2023 to Jun 30, 2026 |
| N•••• H•••• P•••••• I••••• F••• L•• M• C•••••• P••••••• A•••••• I••• | held · 2 pieces | $5.0M | $3.5M 131c | 525 bp | Dec 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 | 2 | $16.4M | 72c | 525 bp | Nov 1, 2030 | |
| Mar 31, 2026 | 2 | $15.0M | 76c | 350 bp | Nov 1, 2028 | |
| Dec 31, 2025 | 2 | $24.8M | 78c | 350 bp | Nov 1, 2028 | |
| Sep 30, 2025 | 2 | $15.1M | 79c | 350 bp | Nov 1, 2028 | |
| Jun 30, 2025 | 3 | $14.6M | 54c | 350 bp | Nov 30, 2028 | |
| Mar 31, 2025 | 3 | $14.6M | 66c | 350 bp | Nov 30, 2028 | |
| Dec 31, 2024 | 3 | $22.5M | 73c | 350 bp | Nov 30, 2028 | |
| Sep 30, 2024 | 2 | $9.3M | 80c | 325 bp | Nov 1, 2028 | |
| Jun 30, 2024 | 1 | $1.5M | 81c | 325 bp | Nov 1, 2028 | |
| Mar 31, 2024 | 1 | $1.5M | 95c | 325 bp | Nov 1, 2028 | |
| Dec 31, 2023 | 3 | $15.4M | 96c | 325 bp | Nov 1, 2028 | |
| Sep 30, 2023 | 2 | $14.1M | 100c | 335 bp | Nov 1, 2028 | |
| Mar 31, 2023 | 1 | $5.0M | n/a | 325 bp | Nov 1, 2028 | |
| Dec 31, 2022 | 1 | $8.9M | 94c | 350 bp | Nov 1, 2028 |
What changed on this facility
position and facility grain, including routine
- Spread changed (observed) Jun 30, 2026M•••••• S•••••••• H•••••••• I•• term loan: spread moved from 3.50% to 5.25%
- Maturity extended (observed) Jun 30, 2026M•••••• S•••••••• H•••••••• I•• term loan: maturity moved from 2028-11-01 to 2030-11-01
- Mark recovered Sep 30, 2025M•••••• S•••••••• H•••••••• I•• term loan: marked from 54 to 79 cents on cost
- Marked down across lenders Jun 30, 2025M•••••• S•••••••• H•••••••• I•• term loan: marked from 66 to 54 cents on cost across 3 lender(s)
- Lender left a facility Jun 30, 2025C••••••• P•••••• C••••• I••••• C••• no longer holds M•••••• S•••••••• H•••••••• I•• term loan after 2025-06-30; 2 BDC(s) still hold it
- Marked down across lenders Mar 31, 2025M•••••• S•••••••• H•••••••• I•• term loan: marked from 73 to 66 cents on cost across 3 lender(s)
- Marked down across lenders Dec 31, 2024M•••••• S•••••••• H•••••••• I•• term loan: marked from 80 to 73 cents on cost across 3 lender(s)
- New lender joined a facility Dec 31, 2024N•••• H•••• P•••••• I••••• F••• L•• joins M•••••• S•••••••• H•••••••• I•• term loan (first lien) held by 2 other BDCs
- Marked down across lenders Jun 30, 2024M•••••• S•••••••• H•••••••• I•• term loan: marked from 95 to 81 cents on cost across 1 lender(s)
- Lender left a facility Dec 31, 2023A••••• D••• S•••••••• B•• no longer holds M•••••• S•••••••• H•••••••• I•• term loan after 2023-12-31; 2 BDC(s) still hold it
Other pieces of this borrower's structure
- at least $54.5M
- at least $5.8M
- unknown
- first lien revolverexited Jun 30, 2023at least $10.0M
How this facility is known
- Grain
- M•••••• S•••••••• H•••••••• 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
- Sponsor basis
- the sponsor's own portfolio page lists a company of this namederived
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported