DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
Borrower
M•• I••••••••• H••••••• I•• L••
group grade Con a schedule nowsponsor unattributed
What matters now
- 96¢ → 83¢consensus mark
Consensus mark 83¢ on cost, down from 96¢ a year ago, 82¢ last quarter.
Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.
Derived1 of 1 lender' own marks, weighted by principal - $2.93Mprincipal outstanding
$2.93M principal held by 1 lender; matures Feb 2030.
Q2 2026 · Refinancing is due in 40 months at a 83¢ mark.
FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
96¢ · 91¢ · 83¢ · 82¢ · 83¢Q2 2025 to Q2 2026
Principal held
at least $2.9M
sum of BDC pieces, a lower bound
Fair value
$2.4M
83c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Feb 7, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| N••••• C•••••••• D••••• L•••••• C•••• | $2.93M | 83¢ | +1 pts |
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| N••••• C•••••••• D••••• L•••••• C•••• | subordinated debt unsecured or subordinated S••••••••• D••• 2 | $2.2M | $1.8M 82c | PIK 12.25% |
| N••••• C•••••••• D••••• L•••••• C•••• | delayed draw term loan unsecured or subordinated S••••••••• D••• (D•••••• D•••) | $584,000 | $477,000 82c | PIK 12.25% |
| N••••• C•••••••• D••••• L•••••• C•••• | subordinated debt unsecured or subordinated S••••••••• D••• 1 | $151,000 | $137,000 91c | PIK 12.25% |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| unsecured or subordinated subordinated debt unsecured or subordinated | at least $2.3M | 83c | PIK 12.25% | Feb 7, 2030 | 1 |
| unsecured or subordinated delayed draw term loan unsecured or subordinated | at least $584,000 | 82c | PIK 12.25% | Feb 7, 2030 | 1 |
| other lien unstated exited Sep 30, 2025 | at least $2.5M | 91c | PIK 14.25% | Feb 7, 2030 | 1 |
| delayed draw term loan lien unstated exited Dec 31, 2024 | unknown | n/a | unstated | 1 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2026 | 1 | $2.9M | $2.4M | 83c | 3 |
| Mar 31, 2026 | 1 | $2.8M | $2.3M | 82c | 3 |
| Dec 31, 2025 | 1 | $2.6M | $2.1M | 83c | 2 |
| Sep 30, 2025 | 1 | $2.5M | $2.3M | 91c | 2 |
All 14 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $2.4M | $2.3M | 96c | 2 |
| Mar 31, 2025 | 1 | $2.3M | $2.2M | 97c | 2 |
| Dec 31, 2024 | 1 | $4.5M | $4.4M | 98c | 2 |
| Jun 30, 2024 | 1 | $2.5M | $2.2M | 98c | 2 |
| Mar 31, 2024 | 1 | $2.5M | $2.1M | 98c | 2 |
| Dec 31, 2023 | 1 | $3.2M | $2.0M | 97c | 3 |
| Sep 30, 2023 | 1 | $2.4M | $1.7M | 99c | 2 |
| Jun 30, 2023 | 1 | $2.5M | $1.7M | 99c | 2 |
| Mar 31, 2023 | 1 | $2.5M | $1.7M | 99c | 2 |
| Dec 31, 2022 | 1 | $0 | $0 | n/a | 0 |
What changed
- Facility left every BDC scheduleSep 30, 2025
- PIK interest increasedSep 30, 2025
- Facility left every BDC scheduleDec 31, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- MDC INTERMEDIATE HOLDING IIderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived