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 revolver
Credit facilityborrower A private credit borrower
Principal held
at least $62,000
sum of BDC pieces, a lower bound
Fair value
-$16,000
n/a on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
10.99%
modal across pieces
PIK
7.00%
paid in kind, the highest piece
Maturity
Nov 16, 2027
read from the schedule's HTML table
Lenders
0 holding
1 exited · 0 named on a deal
On the tape
12 quarters
Dec 31, 2022 to Dec 31, 2025
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 |
|---|---|---|---|---|---|
| AG Twin Brook BDC, Inc. AG TWIN BROOK MANAGER, LLC | dormant | $63,000 | -$1,000 100c | 650 bp | Dec 31, 2022 to Mar 31, 2023 |
| TPG Twin Brook Capital Income Fund AGTB FUND MANAGER, LLC | exited · 2 pieces | $62,000 | -$16,000 -50c | Sep 30, 2023 to Dec 31, 2025 |
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, 2025 | 1 | $62,000 | n/a | 7.00% | Nov 16, 2027 | |
| Sep 30, 2025 | 1 | $31,000 | n/a | 700 bp | Nov 16, 2027 | |
| Jun 30, 2025 | 1 | $31,000 | n/a | 7.00% | Nov 16, 2027 | |
| Mar 31, 2025 | 1 | $31,000 | n/a | 25 bp | 7.00% | Nov 16, 2027 |
| Dec 31, 2024 | 1 | $31,000 | n/a | 7.00% | Nov 16, 2027 | |
| Sep 30, 2024 | 1 | $63,000 | n/a | 350 bp | 3.50% | Nov 16, 2027 |
| Jun 30, 2024 | 1 | $63,000 | n/a | 3.50% | Nov 16, 2027 | |
| Mar 31, 2024 | 1 | $63,000 | n/a | 3.50% | Nov 16, 2027 | |
| Dec 31, 2023 | 1 | $63,000 | n/a | 350 bp | 3.50% | Nov 16, 2027 |
| Sep 30, 2023 | 1 | $63,000 | n/a | 350 bp | Nov 16, 2027 | |
| Mar 31, 2023 | 1 | $63,000 | n/a | 650 bp | Nov 16, 2027 | |
| Dec 31, 2022 | 1 | $63,000 | n/a | 650 bp | Nov 16, 2027 |
What changed on this facility
position and facility grain, including routine
Order
- Effective31 Dec 2025$62K
- Effective31 Dec 2025$62K
- Effective31 Dec 2025$62K
- Effective31 Dec 2024$31K
- Effective30 Sep 2023$63K
Other pieces of this borrower's structure
- first lien term loanexited Dec 31, 2025at least $20.2M
- first lien term loanexited Nov 16, 2021unknown
- first lien term loanexited Nov 16, 2021unknown
- Not disclosed
- equityexited Dec 31, 2025$0
- preferred equityexited Dec 31, 2025$0
How this facility is known
How this facility is known
- Grain
- A private credit borrower x first lien revolverderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Possible relationship
- Cortec Group Fund VII, 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