DFX Intelligence
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Borrower
M••••••••• H•••••• B••
group grade Aon a schedule nowsponsor unattributed
Also written as: Consumer Products; Super
What matters now
- 90¢ → 55¢consensus mark
Consensus mark 55¢ on cost, down from 90¢ a year ago, 49¢ last quarter.
Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.
Derived3 of 3 lenders' own marks, weighted by principal - $1.97Mprincipal outstanding
$1.97M principal held by 3 lenders.
Q2 2026 · The loss if the marks hold, spread across the holders below.
FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
90¢ · 86¢ · 87¢ · 49¢ · 55¢Q2 2025 to Q2 2026
Where each lender marks it, 1 points apart
54¢55¢
Principal held
at least $2.0M
sum of BDC pieces, a lower bound
Fair value
$1.0M
55c on cost, debt pieces
Unfunded
$97,000
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
4
1 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
32
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 |
|---|---|---|---|
| B•••••• C•••••• I••••••••• C••• | $657K | 55¢ | +6 pts |
| B•••••• P•••••• C••••• C••• | $656K | 55¢ | +6 pts |
| B•••••• B••• I••• | $655K | 54¢ | +5 pts |
Every BDC piece · 19 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• B••• I••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $251,000 | $169,000 66c | S+675 bp |
| B•••••• C•••••• I••••••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $251,000 | $170,000 67c | S+675 bp |
| B•••••• P•••••• C••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $251,000 | $170,000 67c | S+675 bp |
| B•••••• C•••••• I••••••••• C••• | term loan first lien S•••• S••••• S•••••• T••• L••• | $209,000 | $85,000 46c | S+600 bp |
| B•••••• P•••••• C••••• C••• | term loan first lien S•••• S••••• S•••••• T••• L••• | $208,000 | $85,000 46c | S+600 bp |
View all 19 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• B••• I••• | term loan first lien S•••• S••••• S•••••• T••• L••• | $207,000 | $84,000 46c | S+600 bp |
| B•••••• B••• I••• | revolver lien unstated R••••••• | $197,000 | $80,000 46c | S+550 bp |
| B•••••• C•••••• I••••••••• C••• | revolver lien unstated R••••••• | $197,000 | $80,000 46c | S+550 bp |
| B•••••• P•••••• C••••• C••• | revolver lien unstated R••••••• | $197,000 | $80,000 46c | S+550 bp |
| B•••••• B••• I••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | S+550 bp |
| B•••••• B••• I••• | term loan lien unstated T••• L••• | Not disclosed | Not disclosed | S+550 bp |
| B•••••• B••• I••• | equity equity C••••• S•••• | Not disclosed | $0 | |
| B•••••• C•••••• I••••••••• C••• | term loan lien unstated T••• L••• | Not disclosed | Not disclosed | S+550 bp |
| B•••••• C•••••• I••••••••• C••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | S+550 bp |
| B•••••• C•••••• I••••••••• C••• | equity equity C••••• S•••• | Not disclosed | $0 | |
| B•••••• P•••••• C••••• C••• | equity equity C••••• S•••• 1 | Not disclosed | $0 | |
| B•••••• P•••••• C••••• C••• | term loan lien unstated T••• L••• | Not disclosed | Not disclosed | S+550 bp |
| B•••••• P•••••• C••••• C••• | equity equity C••••• S•••• 2 | Not disclosed | $0 | |
| B•••••• P•••••• C••••• C••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | S+550 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $1.4M | 58c | S+675 bp | unstated | 3 |
| revolver lien unstated | at least $591,000 | 46c | S+550 bp | unstated | 3 |
| term loan lien unstated | unknown | n/a | S+550 bp | unstated | 3 |
| delayed draw term loan lien unstated | unknown | n/a | S+550 bp | unstated | 3 |
Equity pieces beside the debt: equity ($0 fair value, 3 BDCs)
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 | 3 | $2.0M | $1.0M | 55c | 0 |
| Mar 31, 2026 | 3 | $1.5M | $650,000 | 49c | 0 |
| Dec 31, 2025 | 3 | $2.0M | $1.5M | 87c | 0 |
| Sep 30, 2025 | 3 | $1.4M | $1.0M | 86c | 9 |
All 17 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 3 | $1.4M | $1.1M | 90c | 9 |
| Mar 31, 2025 | 3 | $8.9M | $471,000 | 6c | 8 |
| Dec 31, 2024 | 3 | $14.2M | $1.4M | 10c | 13 |
| Sep 30, 2024 | 3 | $8.5M | $1.7M | 21c | 10 |
| Jun 30, 2024 | 3 | $8.2M | $3.6M | 44c | 9 |
| Mar 31, 2024 | 3 | $7.9M | $3.7M | 47c | 12 |
| Dec 31, 2023 | 3 | $7.5M | $5.4M | 73c | 6 |
| Sep 30, 2023 | 3 | $6.9M | $5.9M | 83c | 4 |
| Jun 30, 2023 | 3 | $6.8M | $5.7M | 84c | 2 |
| Mar 31, 2023 | 3 | $6.8M | $5.8M | 86c | 0 |
| Dec 31, 2022 | 3 | $8.9M | $8.5M | 94c | 0 |
| Sep 30, 2022 | 1 | $2.0M | $2.0M | 88c | 0 |
| Dec 31, 2021 | 1 | $1.9M | $1.9M | 100c | 0 |
What changed
- Mark recoveredJun 30, 2026
- Marked down across lendersJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
Full timeline · 30 eventsShow fewer
- New lender joined a facilityJun 30, 2026
- Marked down across lendersMar 31, 2026
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Mark recoveredJun 30, 2025
- PIK interest increasedJun 30, 2025
- PIK interest increasedJun 30, 2025
- PIK interest increasedJun 30, 2025
- PIK interest increasedJun 30, 2025
- PIK interest increasedJun 30, 2025
- returned to accrualJun 30, 2025
- returned to accrualJun 30, 2025
- returned to accrualJun 30, 2025
- Marked down across lendersMar 31, 2025
- Marked down (one lender)Mar 31, 2025
- Marked down (one lender)Mar 31, 2025
- Marked down (one lender)Mar 31, 2025
- PIK interest increasedDec 31, 2024
- Marked down across lendersDec 31, 2024
- Marked down (one lender)Dec 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
- MARMOUTIER #NLderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived