DFX Intelligence
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
Principal held
at least $7.4M
sum of BDC pieces, a lower bound
Fair value
$6.5M
88c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
S+575 bp
modal across pieces
PIK
none stated
Maturity
Sep 30, 2027
read from the schedule's HTML table
Lenders
0 holding
1 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
| Lender | Status | Principal | Fair value | Spread | Held |
|---|---|---|---|---|---|
| Nuveen Churchill Direct Lending Corp. CHURCHILL DLC ADVISOR LLC | exited · 2 pieces | $7.4M | $6.5M 88c | 575 bp | Dec 31, 2022 to Dec 31, 2024 |
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 | $7.4M | 88c | 575 bp | Sep 30, 2027 | |
| Sep 30, 2024 | 1 | $7.5M | 90c | 575 bp | Sep 30, 2027 | |
| Jun 30, 2024 | 1 | $7.5M | 94c | 575 bp | Sep 30, 2027 | |
| Mar 31, 2024 | 1 | $7.5M | 97c | 550 bp | Sep 30, 2027 | |
| Dec 31, 2023 | 1 | $7.5M | 98c | 550 bp | Sep 30, 2027 | |
| Sep 30, 2023 | 1 | $8.0M | 98c | 550 bp | Sep 30, 2027 | |
| Jun 30, 2023 | 1 | $8.0M | 97c | 525 bp | Sep 30, 2027 | |
| Mar 31, 2023 | 1 | $8.0M | 97c | 525 bp | Sep 30, 2027 | |
| Dec 31, 2022 | 1 | $2.0M | n/a | 550 bp | Sep 30, 2027 |
What changed on this facility
position and facility grain, including routine
Other pieces of this borrower's structure
- at least $5.8M
- at least $1.5M
- otherexited Sep 30, 2025at least $7.4M
- first lien term loanexited Oct 22, 2021unknown
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
- Possible relationship
- LLR Management Holdco, L.P., not establishedestimatedgraded chain current; no deal party names it, so it is not shown as the sponsor
- Sponsor basis
- graded chain currentestimated
- 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