DFX Intelligence
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A private credit borrower first lien delayed draw term loan
Credit facilityborrower A private credit borrower
Principal held
at least $1.5M
sum of BDC pieces, a lower bound
Fair value
$1.3M
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
1 holding
0 exited · 0 named on a deal
On the tape
4 quarters
Dec 31, 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 |
|---|---|---|---|---|---|
| Nuveen Churchill Direct Lending Corp. CHURCHILL DLC ADVISOR LLC | held | $1.5M | $1.3M 88c | 575 bp | Dec 31, 2024 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 | 1 | $1.5M | 88c | 575 bp | Sep 30, 2027 | |
| Mar 31, 2026 | 1 | $1.5M | 90c | 575 bp | Sep 30, 2027 | |
| Dec 31, 2025 | 1 | $1.5M | 91c | 575 bp | Sep 30, 2027 | |
| Dec 31, 2024 | 1 | $1.5M | 88c | 575 bp | Sep 30, 2027 |
What changed on this facility
position and facility grain, including routine
Order
- Matures30 Sep 2027$1.5M
Other pieces of this borrower's structure
- at least $5.8M
- delayed draw term loanexited Dec 31, 2024at least $7.4M
- 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 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
- 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