DFX Intelligence
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Borrower
W•••••• A••••••••• H•••••••• I••
group grade Aon a schedule nowsponsor unattributed
Also written as: Emerald JV LP; Inc. 1 Emerald JV LP
Principal held
at least $123M
sum of BDC pieces, a lower bound
Fair value
$95.6M
78c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Dec 29, 2026
$123M inside 24 months
On the tape since
Dec 31, 2021
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 |
|---|---|---|---|---|---|
| other lien unstated | at least $123M | 78c | S+650 bp | Dec 29, 2026 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | unstated lien unstated N••••••••• I••••• | $59.4M | $46.3M 78c | S+650 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $10.5M | $8.2M 78c | S+650 bp |
| B••••••••• S•••••• L•••••• F••• | unstated lien unstated N••••••••• I••••• | $52.8M | $41.1M 78c | S+650 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 | $123M | $95.6M | 78c | 0 |
| Mar 31, 2026 | 2 | $123M | $95.6M | 78c | 0 |
| Dec 31, 2025 | 2 | $123M | $101M | 82c | 0 |
| Sep 30, 2025 | 2 | $123M | $97.4M | 80c | 0 |
| Jun 30, 2025 | 2 | $123M | $97.7M | 80c | 0 |
| Mar 31, 2025 | 2 | $124M | $97.9M | 80c | 3 |
| Dec 31, 2024 | 2 | $243M | $197M | 81c | 6 |
| Sep 30, 2024 | 2 | $119M | $108M | 92c | 3 |
| Jun 30, 2024 | 2 | $116M | $112M | 98c | 0 |
| Mar 31, 2024 | 2 | $116M | $116M | 100c | 0 |
| Dec 31, 2023 | 2 | $116M | $116M | 101c | 0 |
| Sep 30, 2023 | 2 | $116M | $116M | 101c | 0 |
| Jun 30, 2023 | 2 | $116M | $116M | 101c | 0 |
| Mar 31, 2023 | 2 | $106M | $106M | 101c | 0 |
| Dec 31, 2022 | 2 | $185M | $185M | 101c | 0 |
| Sep 30, 2022 | 2 | $114M | $114M | 101c | 0 |
| Dec 31, 2021 | 2 | $180M | $180M | 102c | 0 |
What changed
- Maturity approachingDec 29, 2026
- Maturity approachingDec 29, 2026
- Maturity approachingDec 29, 2026
- Marked down (one lender)Dec 31, 2024
- Marked down (one lender)Dec 31, 2024
- Marked down (one lender)Sep 30, 2024
- Marked down (one lender)Sep 30, 2024
- PIK interest appearsSep 30, 2024
- PIK interest appearsSep 30, 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
- WINDOWSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived