DFX Intelligence
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Borrower
E•••••• W••• A••••••••• C••••••• L••
Diversified Consumer Servicesgroup grade Aon a schedule nowsponsor unattributed
Also written as: 200; 381; 770; 944; Consumer Cyclical; Equity Securites; Equity Securities; E•••••• W••• Intermediate, LLC
Principal held
at least $144M
sum of BDC pieces, a lower bound
Fair value
$133M
97c on cost, debt pieces
Unfunded
$2.6M
commitments not yet drawn
BDC lenders
13
12 on the latest quarter
Facilities
7
2 equity pieces beside them
Next maturity
Apr 10, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
9
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 $105M | 97c | SOFR+625 bp | Apr 10, 2031 | 13 |
| other lien unstated | at least $34.8M | 98c | SOFR+625 bp | Apr 10, 2031 | 4 |
| first lien revolver first lien | at least $3.9M | n/a | SOFR+625 bp | Apr 10, 2031 | 8 |
| revolver lien unstated | at least $0 | n/a | SOFR+625 bp | Apr 10, 2031 | 6 |
| term loan lien unstated exited Dec 31, 2022 | at least $13.7M | 100c | SOFR+650 bp | Jul 14, 2028 | 1 |
| first lien delayed draw term loan first lien exited Sep 30, 2022 | at least $1.5M | 100c | SOFR+650 bp | Jul 14, 2028 | 1 |
| delayed draw term loan lien unstated exited Sep 30, 2022 | unknown | n/a | unstated | 1 |
Equity pieces beside the debt: preferred equity ($23,000 fair value, 2 BDCs), equity ($0 fair value, 4 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• B••• I••• | revolver lien unstated Revolver | $0 | $-12,000 1200c | S+625 bp |
| B•••••• B••• I••• | term loan first lien First Lien Senior Secured Term Loan | $3.2M | $3.0M 94c | S+625 bp |
| B•••••• C•••••• I••••••••• C••• | revolver lien unstated Revolver | $0 | $-19,000 950c | S+625 bp |
| B•••••• C•••••• I••••••••• C••• | term loan first lien First Lien Senior Secured Term Loan | $4.9M | $4.6M 94c | S+625 bp |
| B•••••• P•••••• C••••• C••• | term loan first lien First Lien Senior Secured Term Loan | $4.8M | $4.5M 94c | S+625 bp |
| B•••••• P•••••• C••••• C••• | revolver lien unstated Revolver | $0 | $-18,000 900c | S+625 bp |
| B•••••••• D••••• L•••••• C•••• | term loan first lien Instrument First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 9.92% Ma | $2.8M | $2.6M 94c | SOFR+625 bp |
| B•••••••• D••••• L•••••• C•••• | revolver lien unstated Instrument Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 9.92% Mat | $0 | $-10,873 814c | SOFR+625 bp |
| B•••••••• P•••••• C••••• F••• | revolver first lien Instrument First Lien Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 9.92% Mat | $0 | $-82,850 817c | SOFR+625 bp |
| B•••••••• P•••••• C••••• F••• | term loan first lien Instrument First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 9.92% Ma | $21.5M | $20.1M 94c | SOFR+625 bp |
| B•••••••• T•• C•••••• C•••• | term loan first lien First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 9.92% Maturity 4/10 | $28.1M | $26.2M 99c | SOFR+625 bp |
| B•••••••• T•• C•••••• C•••• | revolver lien unstated Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 9.92% Maturity 4/10/2031 | $0 | $-108,330 119c | SOFR+625 bp |
| M••••• C•••••• I••••• P••• C••• | equity equity Class B common units) | Equity Securities | $0 | $0 | |
| M••••• C•••••• I••••• P••• C••• | preferred equity equity Class A preferred units) | Equity Securities | $0 | $0 0c | PIK 8.00% |
| M••••• C•••••• I••••• P••• C••• | term loan first lien Senior Secured Loans | $18.6M | $17.8M 97c | S+625 bp |
| M••••• C•••••• I••••• P••• C••• | revolver first lien Revolver) | Senior Secured Loans | $1.1M | $0 | S+625 bp |
| M••••• C•••••• I••••• P••• C••• | equity equity Class A common units) | Equity Securities | $0 | $0 | |
| M••••• C•••••• I••••• P••• C••• | revolver first lien Revolver) | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | preferred equity equity Class B preferred units) | Equity Securities | $0 | $1,000 1c | |
| M••••• C•••••• I••••• P••• C••• | preferred equity equity Class A-1 preferred units) | Equity Securities | $0 | $22,000 32c | |
| M••••• S•••••• D••••• L•••••• F••• | term loan first lien Investment First Lien Debt Reference R••• and Spread S + 6.25% Interest R••• 9.92% Maturit | $0 | $-2,000 100c | SOFR+625 bp |
| M••••• S•••••• D••••• L•••••• F••• | term loan first lien Investment First Lien Debt Reference R••• and Spread S + 6.25% Interest R••• 9.92% Maturit | $1.9M | $1.8M 100c | SOFR+625 bp |
| M••••• S•••••• D••••• L•••••• F••• | revolver first lien First Lien Debt Commitment Type Revolver Commitment Expiration Date 10/04/2031 | n/a | n/a | |
| N•••• H•••• P•••••• I••••• F••• L•• | term loan first lien Investment First Lien Debt Reference R••• & Spread S + 6.25% Interest R••• 9.92% Maturity | $5.6M | $5.5M 101c | SOFR+625 bp |
| N•••• H•••• P•••••• I••••• F••• L•• | revolver first lien First Lien Debt Commitment Type Revolver Commitment Expiration Date 04/10/2031 | n/a | n/a | |
| N•••• H•••• P•••••• I••••• F••• L•• | term loan first lien Investment First Lien Debt Reference R••• & Spread S + 6.25% Interest R••• 9.92% Maturity | $0 | $-7,000 78c | SOFR+625 bp |
| P••••••••• F••••••• R••• C•••••• L••• | unstated lien unstated A••••••••• 4/10/2025 Maturity 4/10/2031 Industry Automobiles Current Coupon 9.92% Basis Po | $34.8M | $34.0M 98c | SOFR+625 bp |
| P••••••••• F••••••• R••• C•••••• L••• | revolver first lien Revolver A••••••••• 4/10/2025 Maturity 4/10/2031 Industry Automobiles | $2.1M | $-48,000 | 0.00% |
| P••••••••• I••••••••• C••• | revolver first lien First Lien Secured Debt Revolver A••••••••• 7/14/2022 Maturity 4/10/2031 Industry Auto Sec | $609,000 | $-14,000 | 0.00% |
| P••••••••• I••••••••• C••• | term loan first lien First Lien Secured Debt A••••••••• 7/14/2022 Maturity 4/10/2031 Industry Auto Sector Curre | $9.9M | $9.7M 98c | SOFR+625 bp |
| T• S••••• B•• L•• | revolver first lien First Lien Debt Commitment Type Revolver Commitment Expiration Date 04/10/2031 | n/a | n/a | |
| T• S••••• B•• L•• | term loan first lien First Lien Debt Reference R••• and Spread S+ 6.25% Interest R••• 9.92% Maturity Date 04/10 | $3.9M | $3.9M 100c | SOFR+625 bp |
| T• S••••• B•• L•• | term loan first lien First Lien Debt Reference R••• and Spread S+ 6.25% Interest R••• 9.92% Maturity Date 04/10 | $0 | $-5,000 125c | SOFR+625 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 | 12 | $144M | $133M | 97c | 0 |
| Mar 31, 2026 | 12 | $144M | $133M | 96c | 0 |
| Dec 31, 2025 | 13 | $149M | $138M | 96c | 0 |
| Sep 30, 2025 | 13 | $182M | $173M | 99c | 0 |
| Jun 30, 2025 | 13 | $145M | $141M | 100c | 0 |
| Mar 31, 2025 | 8 | $63.6M | $60.2M | 96c | 0 |
| Dec 31, 2024 | 5 | $82.5M | $79.2M | 98c | 0 |
| Sep 30, 2024 | 5 | $39.0M | $37.7M | 99c | 0 |
| Jun 30, 2024 | 5 | $39.0M | $38.3M | 100c | 0 |
| Mar 31, 2024 | 5 | $39.0M | $38.7M | 101c | 0 |
| Dec 31, 2023 | 5 | $64.7M | $63.4M | 100c | 0 |
| Sep 30, 2023 | 5 | $39.0M | $38.4M | 100c | 0 |
| Jun 30, 2023 | 7 | $43.7M | $42.0M | 98c | 0 |
| Mar 31, 2023 | 7 | $43.8M | $41.8M | 97c | 0 |
| Dec 31, 2022 | 5 | $68.3M | $66.9M | 100c | 0 |
| Sep 30, 2022 | 4 | $17.0M | $16.1M | 100c | 0 |
| Dec 31, 2021 | 2 | $17.2M | $15.3M | 101c | 0 |
What changed
- Lender left a facilityMar 31, 2026
- Marked down (one lender)Dec 31, 2025
- Marked down (one lender)Dec 31, 2025
- Marked down (one lender)Dec 31, 2025
- New lender joined a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- Maturity extended (observed)Jun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- Lender left a facilityJun 30, 2025
- Lender left a facilityJun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- Lender left a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Lender left a facilityMar 31, 2025
- New lender joined a facilityMar 31, 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
- EXPRESS WASHderivedthe codename stem after legal suffixes and deal words
- Spellings
- 3 across 13 BDCsderived
- Industry
- Diversified Consumer Servicesreportedas one filer wrote it