DFX Intelligence
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Borrower
M•• B••••• L••
group grade Con a schedule nowsponsor unattributed
Also written as: LLC First and; LLC One First and
Principal held
at least $3.2M
sum of BDC pieces, a lower bound
Fair value
$3.2M
102c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Jun 4, 2032
no dated debt inside 24 months
On the tape since
Mar 31, 2025
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 |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $3.2M | 102c | SOFR+325 bp | Jun 4, 2032 | 1 |
| second lien term loan second lien exited Sep 30, 2025 | at least $9.6M | 100c | SOFR+325 bp | Jun 4, 2032 | 1 |
| delayed draw term loan lien unstated exited Mar 31, 2026 | unknown | n/a | unstated | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| K•••••• L•••• C•••••• C• | term loan first lien First Lien Debt Original Purchase Date 5/23/2025 S+3.25% Interest Rate 6.98% Due 6/4/2032 | $3.2M | $3.2M 102c | SOFR+325 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 | $3.2M | $3.2M | 102c | 0 |
| Mar 31, 2026 | 1 | $3.2M | $3.1M | 102c | 0 |
| Dec 31, 2025 | 1 | $6.6M | $6.2M | 101c | 0 |
| Sep 30, 2025 | 1 | $9.6M | $9.0M | 100c | 0 |
| Jun 30, 2025 | 1 | $9.6M | $8.4M | 100c | 0 |
| Mar 31, 2025 | 1 | $0 | $0 | n/a | 0 |
What changed
- Facility left every BDC scheduleMar 31, 2026
- Facility left every BDC scheduleSep 30, 2025
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- M•• B••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived