DFX Intelligence
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Borrower
J•••••• A•••••• C•••
group grade Aon a schedule nowsponsor unattributed
Also written as: Emerald JV LP
Principal held
at least $4.9M
sum of BDC pieces, a lower bound
Fair value
$4.4M
89c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
3
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Aug 27, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
2
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated | at least $4.9M | 89c | S+475 bp | Aug 27, 2029 | 1 |
| first lien term loan first lien exited Mar 31, 2026 | at least $3.0M | 97c | SOFR+475 bp | Aug 31, 2029 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $4.9M | $4.4M 89c | S+475 bp |
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 | $4.9M | $4.4M | 89c | 0 |
| Mar 31, 2026 | 3 | $7.9M | $7.3M | 93c | 0 |
| Dec 31, 2025 | 3 | $12.2M | $11.7M | 99c | 0 |
| Sep 30, 2025 | 3 | $13.2M | $12.7M | 100c | 0 |
| Jun 30, 2025 | 3 | $16.1M | $15.1M | 97c | 0 |
| Mar 31, 2025 | 1 | $5.0M | $4.8M | 97c | 0 |
| Dec 31, 2024 | 1 | $10.0M | $10.1M | 101c | 0 |
What changed
- Facility left every BDC scheduleMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- New borrower on a 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
- J•••••• A••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived