DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
Borrower
M6 ETX Holdings II Midco LLC
Energy: Oil & Gasgroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $11.3M
sum of BDC pieces, a lower bound
Fair value
$11.4M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
4
2 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Apr 1, 2032
no dated debt inside 24 months
On the tape since
Jun 30, 2023
latest Jun 30, 2026
Events
5
dated, non-routine
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 $11.3M | 100c | S+250 bp | Apr 1, 2032 | 4 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| Ares Core Infrastructure Fund | term loan first lien First lien senior secured loans | $11.0M | $11.1M 100c | S+250 bp |
| Steele Creek Capital Corp | term loan first lien First Lien - Term Loan | $298,000 | $299,000 100c | 2.50% |
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 | 2 | $11.3M | $11.4M | 100c | 0 |
| Mar 31, 2026 | 2 | $11.4M | $11.4M | 100c | 0 |
| Dec 31, 2025 | 2 | $11.8M | $11.8M | 100c | 0 |
| Sep 30, 2025 | 2 | $6.4M | $6.4M | 100c | 0 |
| Jun 30, 2025 | 1 | $4.0M | $4.0M | 100c | 0 |
| Mar 31, 2025 | 1 | $21.6M | $21.5M | 100c | 0 |
| Dec 31, 2024 | 1 | $21.6M | $21.7M | 100c | 0 |
| Sep 30, 2024 | 1 | $7.1M | $7.0M | 100c | 0 |
| Jun 30, 2024 | 1 | $3.6M | $3.6M | 100c | 0 |
| Mar 31, 2024 | 1 | $4.2M | $4.2M | 100c | 0 |
| Dec 31, 2023 | 1 | $990,000 | $990,000 | 101c | 0 |
| Sep 30, 2023 | 1 | $1.3M | $1.3M | 100c | 0 |
| Jun 30, 2023 | 1 | $224,000 | $0 | n/a | 0 |
What changed
- Spread changed (observed)Dec 31, 2025
- Spread changed (observed)Sep 30, 2025
- New lender joined a facilitySep 30, 2025
- New lender joined a facilityJun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Lender left a facilityMar 31, 2025
- Spread changed (observed)Mar 31, 2025
- New lender joined a facilityJun 30, 2024
- Lender left a facilityMar 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
- M6 ETXderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived
- Industry
- Energy: Oil & Gasreportedas one filer wrote it