BDCs
BDC Quick Recap: TCW Direct Lending VII LLC as of December 31st, 2022
TCW Direct Lending VII LLC filed its earnings yesterday and data was available in SOLVE’s BDC workstation within minutes. Here is a quick recap of the credit stats for TCW Direct Lending VII LLC for the three-month period ended Dec. 31st, 2022.
Portfolio Stats
| FMV | $1.14B |
| # of Investments | 59 |
| Total unused commitments to extend financing | $41.43M |
| Portfolio Companies | 34 |
Portfolio Composition
| First Lien | 95.80% |
| Equity and Other | 4.20% |
Source: SOLVE Fixed Income, TCW Direct Lending VII LLC
Portfolio Credit Quality
| Non-Accruals Cost | $0.0M |
| # of Non-Accruals | 0 |
| # of Portfolio at Cost | 0.00% |
| New Non-Accruals | N/A |
Source: SOLVE Fixed Income, TCW Direct Lending VII LLC
Select New Originations
| Company | Investment Type | Industry | Cost | Maturity | Coupon |
| Hollander Intermediate LLC | Term Loan | Textiles, Apparel & Luxury Goods | $59.1M | 9/19/2026 | S+875 |
Source: SOLVE Fixed Income, TCW Direct Lending VII LLC
Exits & Sales
| Company | Investment Type | Industry | Net Proceeds | Maturity | Coupon |
| Keeco Holdings LLC | Term Loan | Textiles, Apparel & Luxury Goods | $59.5M | 9/19/2026 | L+875 |
| Hoover Group Inc | Term Loan | Packaging | $29.4M | 10/1/2024 | L+775 |
| Need It Now Delivers LLC | Last Out Term Loan | Air Freight & Logistics | $12.6M | 12/23/2024 | L+700 |
Source: SOLVE Fixed Income, TCW Direct Lending VII LLC
Interested in learning more about SOLVE’s BDC data? Email sales@solvefixedincome.com, or Request a Trial to learn more.
Stay up-to-date on the latest from SOLVE
