DFX Intelligence
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A private credit borrower delayed draw term loan
Credit facilityborrower A private credit borrower
lien unstatedoff every schedule since Dec 31, 2024Healthcare and Pharmaceuticals
Principal held
at least $11.4M
sum of BDC pieces, a lower bound
Fair value
$9.4M
82c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
S+952 bp
modal across pieces
PIK
14.10%
paid in kind, the highest piece
Maturity
Apr 12, 2028
read from the schedule's HTML table
Lenders
0 holding
2 exited · 0 named on a deal
On the tape
11 quarters
Dec 31, 2021 to Dec 31, 2024
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 |
|---|---|---|---|---|---|
| Nuveen Churchill Direct Lending Corp. CHURCHILL DLC ADVISOR LLC | exited | $11.4M | $9.4M 82c | 952 bp | Dec 31, 2022 to Dec 31, 2024 |
| Barings BDC, Inc. BARINGS LLC | exited | Not disclosed | Not disclosed | Dec 31, 2021 to Dec 31, 2023 |
Facility through time
pieces summed per quarter end across the BDCs holding it
| Quarter end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Dec 31, 2024 | 1 | $11.4M | 82c | 952 bp | 14.10% | Apr 12, 2028 |
| Sep 30, 2024 | 1 | $11.1M | 85c | 962 bp | 14.69% | Apr 12, 2028 |
| Jun 30, 2024 | 1 | $10.7M | 86c | 950 bp | 14.91% | Apr 12, 2028 |
| Mar 31, 2024 | 1 | $10.3M | 85c | 850 bp | 14.95% | Apr 12, 2026 |
| Dec 31, 2023 | 2 | $9.9M | 88c | 850 bp | 14.99% | Apr 12, 2028 |
| Sep 30, 2023 | 2 | $9.6M | 88c | 850 bp | Apr 13, 2026 | |
| Jun 30, 2023 | 2 | $9.6M | 88c | 850 bp | Apr 13, 2026 | |
| Mar 31, 2023 | 2 | $9.6M | 90c | 850 bp | Apr 13, 2026 | |
| Dec 31, 2022 | 2 | $2.0M | n/a | 850 bp | Apr 13, 2026 | |
| Sep 30, 2022 | 1 | Not disclosed | n/a | |||
| Dec 31, 2021 | 1 | Not disclosed | n/a |
What changed on this facility
position and facility grain, including routine
Other pieces of this borrower's structure
- at least $31.9M
- at least $13.0M
- at least $1.8M
- at least $505,882
- at least $67,000
How this facility is known
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