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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Borrower
M•••••• G•• P••••••• M•• H••••••• I•• C•••
Trading Companies & Distributorsgroup grade Aon a schedule nowsponsor unattributed
Also written as: M•••••• Gas Partners MGP Holding III Corp
Principal held
at least $55.4M
sum of BDC pieces, a lower bound
Fair value
$54.6M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
3
1 equity pieces beside them
Next maturity
Mar 1, 2030
no dated debt inside 24 months
On the tape since
Mar 31, 2024
latest Jun 30, 2026
Events
3
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 $42.0M | 100c | SOFR+525 bp | Mar 1, 2030 | 2 |
| first lien delayed draw term loan first lien | at least $12.2M | 100c | SOFR+525 bp | Mar 1, 2030 | 2 |
| first lien revolver first lien | at least $1.2M | 99c | SOFR+525 bp | Mar 1, 2030 | 2 |
Equity pieces beside the debt: other ($34.7M fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••••• D••• S•••••••• B•• | delayed draw term loan first lien Investment Type First Lien Secured D••• – Delayed Draw Interest Rate S+525, 1.00% Floor Ma | $10.1M | $10.0M 100c | SOFR+525 bp |
| A••••• D••• S•••••••• B•• | term loan first lien Investment Type First Lien Secured D••• – Term Loan Interest Rate S+525, 1.00% Floor Matur | $28.1M | $27.7M 100c | SOFR+525 bp |
| A••••• D••• S•••••••• B•• | revolver first lien Investment Type First Lien Secured D••• – Revolver Interest Rate S+525, 1.00% Floor Maturi | $873,000 | $845,000 100c | SOFR+525 bp |
| M••••• F•••••••• I••••••••• C••• | delayed draw term loan first lien First Lien Secured D••• - Delayed Draw SOFR+525, 1.00% Floor Maturity Date 03/01/30 | $2.0M | $2.0M 100c | SOFR+525 bp |
| M••••• F•••••••• I••••••••• C••• | term loan first lien First Lien Secured D••• - Term Loan SOFR+525, 1.00% Floor Maturity Date 03/01/30 | $14.0M | $13.8M 100c | SOFR+525 bp |
| M••••• F•••••••• I••••••••• C••• | revolver first lien First Lien Secured D••• - Revolver SOFR+525, 1.00% Floor Maturity Date 03/01/30 | $366,000 | $355,000 98c | SOFR+525 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 | 2 | $55.4M | $54.6M | 100c | 0 |
| Mar 31, 2026 | 2 | $54.4M | $53.5M | 100c | 0 |
| Dec 31, 2025 | 2 | $92.0M | $90.5M | 100c | 0 |
| Sep 30, 2025 | 2 | $55.2M | $54.3M | 100c | 0 |
| Jun 30, 2025 | 2 | $50.5M | $49.6M | 100c | 0 |
| Mar 31, 2025 | 1 | $35.3M | $34.7M | 100c | 0 |
| Dec 31, 2024 | 2 | $44.1M | $43.4M | 100c | 0 |
| Sep 30, 2024 | 2 | $34.6M | $34.0M | 100c | 0 |
| Jun 30, 2024 | 2 | $29.5M | $28.7M | 100c | 0 |
| Mar 31, 2024 | 2 | $40.0M | $28.0M | 100c | 0 |
What changed
- Spread changed (observed)Mar 31, 2026
- Spread increasedMar 31, 2026
- Spread increasedMar 31, 2026
- Spread changed (observed)Dec 31, 2025
- Marked down (one lender)Dec 31, 2025
- New borrower on a BDC scheduleMar 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
- MERITUS GAS PARTNERS MGPderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 2 BDCsderived
- Industry
- Trading Companies & Distributorsreportedas one filer wrote it