DFX Intelligence
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A private credit borrower first lien term loan
Credit facilityborrower A private credit borrower
first lienheld today
Principal held
at least $78.8M
sum of BDC pieces, a lower bound
Fair value
$40.5M
75c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
S+550 bp
floor 1.00%
PIK
10.00%
paid in kind, the highest piece
Maturity
Nov 15, 2027
read from the schedule's HTML table
Lenders
2 holding
0 exited · 0 named on a deal
On the tape
17 quarters
Dec 31, 2021 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 |
|---|---|---|---|---|---|
| CION Investment Corp CION INVESTMENT MANAGEMENT, LLC | held · 6 pieces | $69.0M | $33.5M 76c | 550 bp | Dec 31, 2021 to Jun 30, 2026 |
| BCP Investment Corp SIERRA CREST INVESTMENT MANAGEMENT LLC | held | $9.8M | $7.0M 72c | 550 bp | Dec 31, 2023 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 | $78.8M | 75c | 550 bp | 10.00% | Nov 15, 2027 |
| Mar 31, 2026 | 2 | $86.4M | 78c | 550 bp | 10.00% | Nov 15, 2027 |
| Dec 31, 2025 | 2 | $219M | 80c | 550 bp | 10.00% | Nov 15, 2027 |
| Sep 30, 2025 | 2 | $83.9M | 84c | 550 bp | 10.00% | Nov 15, 2027 |
| Jun 30, 2025 | 2 | $82.2M | 98c | 550 bp | 10.05% | Nov 15, 2027 |
| Mar 31, 2025 | 2 | $68.3M | 59c | 950 bp | 11.31% | Nov 15, 2026 |
| Dec 31, 2024 | 2 | $85.5M | 75c | 950 bp | 13.99% | Nov 15, 2026 |
| Sep 30, 2024 | 2 | $60.9M | 88c | 950 bp | 12.10% | Nov 15, 2026 |
| Jun 30, 2024 | 2 | $59.8M | 89c | 950 bp | 12.10% | Nov 15, 2026 |
| Mar 31, 2024 | 1 | $44.9M | 94c | 950 bp | 12.07% | Nov 15, 2026 |
| Dec 31, 2023 | 2 | $56.5M | 93c | 950 bp | 12.11% | Nov 15, 2026 |
| Sep 30, 2023 | 1 | $42.5M | 94c | 950 bp | 12.15% | Nov 15, 2026 |
| Jun 30, 2023 | 1 | $40.2M | 95c | 950 bp | 2.75% | Nov 15, 2026 |
| Mar 31, 2023 | 1 | $40.2M | 96c | 950 bp | 2.75% | Nov 15, 2026 |
| Dec 31, 2022 | 1 | $40.1M | 96c | 950 bp | 2.75% | Nov 15, 2026 |
| Sep 30, 2022 | 1 | $39.9M | 96c | 900 bp | Nov 15, 2026 | |
| Dec 31, 2021 | 1 | $40.1M | 97c | 950 bp | Nov 15, 2026 |
What changed on this facility
position and facility grain, including routine
Order
- Matures15 Nov 2027$69.0M
- Effective30 Sep 2025$83.9M
- Effective30 Jun 2025$64.8M
- Effective30 Jun 2025$64.8M
- Effective30 Jun 2025$82.2M
+8 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 $5.9M
- first lien revolverexited Mar 31, 2025at least $1.8M
- $0
- $0
- otherexited Dec 31, 2025Not disclosed
How this facility is known
How this facility is known
- Grain
- A private credit borrower x first lien term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Status
- non_accrualsignalnon-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