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
Associations, Inc second lien term loan
second lienheld todayReal Estate Management & Development
Principal held
at least $13.6M
sum of BDC pieces, a lower bound
Fair value
$13.6M
100c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
S+1425 bp
modal across pieces
PIK
100.00%
paid in kind, the highest piece
Maturity
May 3, 2030
html_schedule
Lenders
2 holding
0 exited · 0 named on a deal
On the tape
9 quarters
Jun 30, 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 |
|---|---|---|---|---|---|
| Carlyle Secured Lending III CSL III ADVISOR, LLC | dormant | $2.6M | $2.6M 100c | 1425 bp | Jun 30, 2024 to Sep 30, 2024 |
| Carlyle Secured Lending, Inc. CARLYLE GLOBAL CREDIT INVESTMENT MANAGEMENT L.L.C. | held · 2 pieces | $10.2M | $10.2M 100c | 1425 bp | Jun 30, 2024 to Jun 30, 2026 |
| Carlyle Credit Solutions, Inc. CARLYLE GLOBAL CREDIT INVESTMENT MANAGEMENT L.L.C. | held · 2 pieces | $3.4M | $3.4M 100c | 1425 bp | Jun 30, 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 | $13.6M | 100c | 1425 bp | 100.00% | May 3, 2030 |
| Mar 31, 2026 | 2 | $13.1M | 100c | 1425 bp | 100.00% | May 3, 2030 |
| Dec 31, 2025 | 2 | $12.7M | 100c | 1425 bp | 100.00% | May 3, 2030 |
| Sep 30, 2025 | 2 | $12.2M | 100c | 1425 bp | 100.00% | May 3, 2030 |
| Jun 30, 2025 | 2 | $11.8M | 100c | 1425 bp | 100.00% | May 3, 2030 |
| Mar 31, 2025 | 2 | $11.4M | 100c | 1425 bp | 100.00% | May 3, 2030 |
| Dec 31, 2024 | 2 | $24.7M | 100c | 1425 bp | 100.00% | May 3, 2030 |
| Sep 30, 2024 | 3 | $10.6M | 100c | 1425 bp | 100.00% | May 3, 2030 |
| Jun 30, 2024 | 3 | $10.2M | 100c | 1425 bp | 100.00% | May 3, 2030 |
What changed on this facility
position and facility grain, including routine
No change at facility grain since it appeared.
Other pieces of this borrower's structure
- at least $1.4B
- at least $104M
- at least $29.1M
- at least $608,000
- at least $0
- unknown
- unknown
- unknown
- unknown
How this facility is known
- Grain
- Associations, Inc 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