DFX Intelligence
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A private credit borrower second lien term loan
Credit facilityborrower A private credit borrower
Principal held
at least $14.4M
sum of BDC pieces, a lower bound
Fair value
$9.9M
74c on cost
Unfunded
Not disclosed
pieces' unfunded commitments
Pricing
S+600 bp
modal across pieces
PIK
none stated
Maturity
Oct 1, 2029
read from the schedule's HTML table
Lenders
3 holding
0 exited · 0 named on a deal
On the tape
15 quarters
Dec 31, 2022 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 |
|---|---|---|---|---|---|
| New Mountain Guardian III BDC, L.L.C. New Mountain Finance Advisers BDC, L.L.C | dormant | $4.0M | $3.8M 95c | 600 bp | Dec 31, 2022 to Sep 30, 2024 |
| New Mountain Guardian IV BDC, L.L.C. NEW MOUNTAIN FINANCE ADVISERS, L.L.C. | held | $7.9M | $5.4M 77c | 600 bp | Dec 31, 2022 to Jun 30, 2026 |
| New Mountain Private Credit Fund NEW MOUNTAIN FINANCE ADVISERS, L.L.C. | held | $4.0M | $2.8M 69c | 600 bp | Dec 31, 2023 to Jun 30, 2026 |
4 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 | 3 | $14.4M | 74c | 600 bp | Oct 1, 2029 | |
| Mar 31, 2026 | 3 | $14.4M | 84c | 600 bp | Oct 1, 2029 | |
| Dec 31, 2025 | 3 | $18.4M | 98c | 600 bp | Oct 1, 2029 | |
| Sep 30, 2025 | 3 | $14.4M | 104c | 600 bp | Oct 1, 2029 | |
| Jun 30, 2025 | 3 | $14.4M | 100c | 600 bp | Oct 1, 2029 | |
| Mar 31, 2025 | 3 | $14.4M | 106c | 600 bp | Oct 1, 2029 | |
| Dec 31, 2024 | 2 | $23.8M | 108c | 600 bp | Oct 1, 2029 | |
| Sep 30, 2024 | 3 | $14.4M | 105c | 600 bp | Oct 1, 2029 | |
| Jun 30, 2024 | 3 | $14.4M | 111c | 600 bp | Oct 1, 2029 | |
| Mar 31, 2024 | 3 | $14.4M | 112c | 600 bp | Oct 1, 2029 | |
| Dec 31, 2023 | 4 | $22.4M | 104c | 600 bp | Oct 1, 2029 | |
| Sep 30, 2023 | 3 | $14.4M | 108c | 600 bp | Oct 1, 2029 | |
| Jun 30, 2023 | 3 | $14.4M | 103c | 600 bp | Oct 1, 2029 | |
| Mar 31, 2023 | 3 | $14.4M | 101c | 600 bp | Oct 1, 2029 | |
| Dec 31, 2022 | 3 | $12.0M | 95c | 600 bp | Oct 1, 2029 |
What changed on this facility
position and facility grain, including routine
Other pieces of this borrower's structure
- at least $106M
- at least $9.9M
How this facility is known
How this facility is known
- Grain
- A private credit borrower x second lien term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Sponsor basis
- stated in a filing or releaseestimated
- 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