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
P•• H••••••• I•• L••
Air freight and logisticsgroup grade Con a schedule nowsponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Principal held
at least $4.5M
sum of BDC pieces, a lower bound
Fair value
$4.5M
n/a on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Sep 17, 2030
no dated debt inside 24 months
On the tape since
Sep 30, 2024
latest Jun 30, 2026
Events
0
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 |
|---|---|---|---|
| M••••••• P•••••• C••••• F••• | $4.46M | no cost filed | no comparable mark |
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••••• P•••••• C••••• F••• | term loan lien unstated T••• L••• (6 month CME T••• S••• + 4.500%) | S••••• loans 238.6% | $2.4M | $2.4M | SOFR+450 bp |
| M••••••• P•••••• C••••• F••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | S••••• loans 238.6% | $1.2M | $1.2M | S+450 bp |
| M••••••• P•••••• C••••• F••• | revolver lien unstated R••••••• | S••••• loans 238.6% | $818,182 | $818,182 | S+450 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| term loan lien unstated | at least $2.4M | n/a | SOFR+450 bp | Sep 17, 2030 | 1 |
| delayed draw term loan lien unstated | at least $1.2M | n/a | S+450 bp | Sep 17, 2030 | 1 |
| revolver lien unstated | at least $818,182 | n/a | S+450 bp | Sep 17, 2030 | 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 | $4.5M | $4.5M | n/a | 0 |
| Mar 31, 2026 | 1 | $4.5M | $4.5M | n/a | 0 |
| Dec 31, 2025 | 1 | $8.9M | $8.9M | n/a | 0 |
| Sep 30, 2025 | 1 | $4.5M | $4.5M | n/a | 0 |
All 8 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $4.5M | $4.4M | n/a | 0 |
| Mar 31, 2025 | 1 | $4.5M | $4.5M | n/a | 0 |
| Dec 31, 2024 | 1 | $9.0M | $8.9M | n/a | 0 |
| Sep 30, 2024 | 1 | $4.5M | $4.4M | n/a | 0 |
What changed
No non-routine event yet: the borrower has been held without a facility-level change since it appeared.
Every change including routine onesSponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- PNB HOLDING IIIderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Air freight and logisticsreportedas one filer wrote it