DFX Intelligence
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Borrower
I•••••••• I••••••••• L••
group grade Aon a schedule nowsponsor unattributed
Principal held
at least $64.4M
sum of BDC pieces, a lower bound
Fair value
$121M
100c on cost, debt pieces
Unfunded
$2.0M
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
1
3 equity pieces beside them
Next maturity
Jun 30, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2020
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 |
|---|---|---|---|---|---|
| term loan lien unstated | at least $64.4M | 100c | 13.00% | Jun 30, 2031 | 2 |
Equity pieces beside the debt: equity ($3.6M fair value, 2 BDCs), other (n/a fair value, 2 BDCs), preferred equity ($3.3M fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 1 | $0 | $-16,000 100c | |
| M••• S••••• C•••••• C••• | equity equity C••••• S•••• | n/a | $2.9M 103c | |
| M••• S••••• C•••••• C••• | preferred equity equity P•••••••• Equity 1.1 | n/a | $1.2M | 25.00% PIK 25.00% |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 1.5 | n/a | $0 | |
| M••• S••••• C•••••• C••• | preferred equity equity P•••••••• Equity 3 | n/a | $136,000 100c | 25.00% PIK 25.00% |
| M••• S••••• C•••••• C••• | preferred equity equity P•••••••• Equity 1.2 | n/a | $155,000 | 25.00% PIK 25.00% |
| M••• S••••• C•••••• C••• | preferred equity equity P•••••••• Equity 1 | n/a | $1.2M 165c | 25.00% PIK 25.00% |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 1.4 | n/a | $0 | |
| M••• S••••• C•••••• C••• | preferred equity equity P•••••••• Equity 2 | n/a | $155,000 100c | 25.00% PIK 25.00% |
| M••• S••••• C•••••• C••• | preferred equity equity P•••••••• Equity 1.3 | n/a | $136,000 | 25.00% PIK 25.00% |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 2 | $51.5M | $51.0M 100c | 13.00% |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 1.7 | n/a | $-16,000 | |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 1.1 | n/a | $0 | |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 1.2 | n/a | $0 | |
| M••• S••••• C•••••• C••• | unstated lien unstated | n/a | n/a | |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 1.3 | n/a | $0 | |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 1.6 | n/a | $51.0M | 13.00% |
| M•• I••••• F•••• I••• | preferred equity equity P•••••••• Equity 3 | n/a | $34,000 100c | 25.00% PIK 25.00% |
| M•• I••••• F•••• I••• | preferred equity equity P•••••••• Equity 2 | n/a | $39,000 100c | 25.00% PIK 25.00% |
| M•• I••••• F•••• I••• | equity equity C••••• S•••• | n/a | $710,000 103c | |
| M•• I••••• F•••• I••• | preferred equity equity P•••••••• Equity 1 | n/a | $290,000 163c | 25.00% PIK 25.00% |
| M•• I••••• F•••• I••• | term loan lien unstated S•••••• D••• 1 | $0 | $-6,000 100c | |
| M•• I••••• F•••• I••• | term loan lien unstated S•••••• D••• 2 | $12.9M | $12.6M 100c | 13.00% |
| M•• I••••• F•••• I••• | unstated lien unstated | n/a | n/a |
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 | $64.4M | $115M | 180c | 0 |
| Mar 31, 2026 | 2 | $53.8M | $53.5M | 100c | 0 |
| Dec 31, 2025 | 2 | $54.5M | $97.5M | 180c | 0 |
| Sep 30, 2025 | 2 | $54.5M | $54.1M | 100c | 0 |
| Jun 30, 2025 | 2 | $54.5M | $97.4M | 180c | 0 |
| Mar 31, 2025 | 2 | $54.5M | $97.3M | 180c | 0 |
| Dec 31, 2024 | 2 | $110M | $109M | 100c | 0 |
| Sep 30, 2024 | 2 | $55.1M | $54.6M | 100c | 0 |
| Jun 30, 2024 | 2 | $55.2M | $54.7M | 100c | 0 |
| Mar 31, 2024 | 2 | $58.0M | $57.3M | 100c | 0 |
| Dec 31, 2023 | 2 | $58.2M | $104M | 180c | 0 |
| Sep 30, 2023 | 2 | $58.7M | $58.0M | 100c | 0 |
| Jun 30, 2023 | 2 | $59.2M | $58.4M | 100c | 0 |
| Mar 31, 2023 | 2 | $59.4M | $58.6M | 100c | 0 |
| Dec 31, 2022 | 2 | $45.4M | $45.1M | 100c | 0 |
| Sep 30, 2022 | 1 | $36.7M | $73.0M | 200c | 0 |
| Jun 30, 2022 | 1 | $0 | $36.5M | n/a | 0 |
| Mar 31, 2022 | 1 | $0 | $0 | n/a | 0 |
| Dec 31, 2021 | 1 | $73.5M | $73.0M | 100c | 2 |
What changed
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Mar 31, 2023
- Maturity extended (observed)Mar 31, 2023
- Maturity extended (observed)Mar 31, 2023
- New lender joined a facilityDec 31, 2022
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- IRON MAINderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived