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 first lien delayed draw term loan
Credit facilityborrower A private credit borrower
first lienheld todayFinancial Services
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
-$4,000
n/a on cost
Unfunded
$11.7M
pieces' unfunded commitments
Pricing
S+450 bp
floor 0.75%
PIK
none stated
Maturity
unstated
Lenders
6 holding
1 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 |
|---|---|---|---|---|---|
| Audax Private Credit Fund, LLC AUDAX PDB MANAGEMENT COMPANY, LLC | exited | $983,128 | $983,128 100c | 525 bp | Dec 31, 2024 to Sep 30, 2025 |
| SL Investment Fund II LLC MS CAPITAL PARTNERS ADVISER INC. | held | Not disclosed | Not disclosed | 450 bp | Dec 31, 2025 to Jun 30, 2026 |
| T Series BDC LLC MS CAPITAL PARTNERS ADVISER INC. | held · 2 pieces | Not disclosed | Not disclosed | 450 bp | Dec 31, 2024 to Jun 30, 2026 |
7 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 end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | 6 | Not disclosed | n/a | 450 bp | ||
| Mar 31, 2026 | 6 | Not disclosed | n/a | 450 bp | ||
| Dec 31, 2025 | 6 | Not disclosed | n/a | 450 bp | ||
| Sep 30, 2025 | 4 | $983,128 | 100c | 525 bp | Jul 30, 2029 | |
| Jun 30, 2025 | 3 | $985,633 | 100c | 525 bp | Jul 30, 2029 | |
| Mar 31, 2025 | 2 | Not disclosed | n/a | 525 bp | ||
| Dec 31, 2024 | 4 | $990,644 | 100c | 525 bp | Jul 30, 2029 | |
| Sep 30, 2024 | 1 | Not disclosed | n/a | 525 bp | ||
| Jun 30, 2024 | 1 | Not disclosed | n/a |
What changed on this facility
position and facility grain, including routine
Order
- Effective31 Dec 2025
- Effective31 Dec 2025New lender joined a facility3 eventsLGAM Private Credit LLC: new lender joined a facility, 3 lenders, at the 31 Dec 2025 quarter end
- Effective30 Sep 2025$983K
+2 additional changes on this facility
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Other pieces of this borrower's structure
- at least $72.6M
- at least $844,585
- term loanexited Dec 31, 2024at least $24.1M
- otherexited Jun 30, 2025at least $19.5M
- delayed draw term loanexited Dec 31, 2024at least $990,644
- revolverexited Sep 30, 2025unknown
How this facility is known
How this facility is known
- Grain
- A private credit borrower x first lien 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