The names past the first three in each section on this page are hidden. Create a free account to reveal 5 records a month, or get Private Equity Intelligence at $199 a month for every name. Every figure, date and source on this page is public either way.

A private credit borrower delayed draw term loan

Credit facilityborrower A private credit borrower
lien unstatedoff every schedule since Dec 31, 2024Financial Services
Principal held
at least $990,644
sum of BDC pieces, a lower bound
Fair value
$990,644
100c on cost
Unfunded
$2.9M
pieces' unfunded commitments
Pricing
SOFR+525 bp
floor 0.75%
PIK
none stated
Maturity
Jul 30, 2029
tagged by the filer
Lenders
0 holding
4 exited · 0 named on a deal
On the tape
9 quarters
Dec 31, 2022 to Dec 31, 2024

Lender group

every BDC that holds or held a piece; each row is that lender's own figures
LenderStatusPrincipalFair valueSpreadHeld
North Haven Private Income Fund LLC
MS CAPITAL PARTNERS ADVISER INC.
exited · 3 pieces$4.2M$4.1M
102c
525 bpDec 31, 2022 to Jun 30, 2024
Audax Private Credit Fund, LLC
AUDAX PDB MANAGEMENT COMPANY, LLC
exited$990,644$990,644
100c
525 bpDec 31, 2024 to Dec 31, 2024
T Series BDC LLC
MS CAPITAL PARTNERS ADVISER INC.
exitedNot disclosedNot disclosed525 bpDec 31, 2022 to Dec 31, 2024

4 lenders hold this credit

Each lender named with its own principal, fair value, spread and the quarters it held the piece.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Facility through time

pieces summed per quarter end across the BDCs holding it
Quarter endBDCsPrincipal heldOn costSpreadPIKMaturity
Dec 31, 20242$990,644100c525 bpJul 30, 2029
Sep 30, 20241Not disclosedn/a525 bp
Jun 30, 20243$6.5M102c525 bp
Mar 31, 20242$6.5M103c675 bp
Dec 31, 20232$6.6M103c675 bp
Sep 30, 20232$3.7M105c675 bp
Jun 30, 20232$3.4M104c675 bp
Mar 31, 20232$2.7M103c675 bp
Dec 31, 20222Not disclosedn/a675 bp

What changed on this facility

position and facility grain, including routine
Order
  • Effective
    31 Dec 2024
    Lender left a facility
    a withheld name
    $991K
  • Effective
    31 Dec 2024
    Facility left every BDC schedule
    $991K
  • Effective
    30 Jun 2024
    Spread changed (observed)
    $6.5M
  • Effective
    30 Jun 2024
    Lender left a facility
    a withheld name
    $4.2M
  • Effective
    30 Jun 2024
    New lender joined a facility
    a withheld name

Other pieces of this borrower's structure

How this facility is known

Grain
A private credit borrower x delayed draw term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
Size
lower bound: sum of BDC piecesderived
Status
performingsignalnon-accrual comes only from a BDC's own schedule footnote, never from a mark; default and restructuring are not on this tape
Origin
bdc tapereported