DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
Borrower
U• M••••••• M•••• L••
group grade Aoff every schedule since Jun 30, 2024sponsor unattributed
Also written as: US M••••••• LLC
Nothing material in the last 200 days. Last change: 30 Jun 2024, $14.1M principal held by 1 lender; matures Dec 2027.
Mark path, consensus per quarter end
100¢ · 101¢ · 101¢ · 102¢ · 102¢Q2 2023 to Q2 2024
Principal held
at least $14.1M
sum of BDC pieces, a lower bound
Fair value
$14.1M
102c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Dec 20, 2027
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2024
Events
7
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2024, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| W••••••••• F••••••• I••• | $14.1M | 102¢ | 0 pts |
Every BDC piece · 2 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| W••••••••• F••••••• I••• | delayed draw term loan first lien F•••• L••• S•••••• D•••••• D••• L••• | $9.1M | $9.1M 102c | SOFR+825 bp PIK 13.74% |
| W••••••••• F••••••• I••• | term loan first lien F•••• L••• S•••••• T••• L••• | $5.0M | $5.0M 102c | SOFR+825 bp PIK 13.74% |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien delayed draw term loan first lien exited Jun 30, 2024 | at least $9.1M | 102c | SOFR+825 bp PIK 13.74% | Dec 20, 2027 | 1 |
| first lien term loan first lien exited Jun 30, 2024 | at least $5.0M | 102c | SOFR+825 bp PIK 13.74% | Dec 20, 2027 | 1 |
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, 2024 | 1 | $14.1M | $14.1M | 102c | 2 |
| Mar 31, 2024 | 1 | $14.6M | $14.6M | 102c | 2 |
| Dec 31, 2023 | 1 | $14.7M | $14.6M | 101c | 0 |
| Sep 30, 2023 | 1 | $14.5M | $14.3M | 101c | 2 |
All 7 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2023 | 1 | $5.0M | $4.8M | 98c | 1 |
| Mar 31, 2023 | 1 | $4.8M | $4.6M | 97c | 2 |
| Dec 31, 2022 | 1 | $4.7M | $4.6M | 100c | 2 |
What changed
- Facility left every BDC scheduleJun 30, 2024
- Facility left every BDC scheduleJun 30, 2024
- Spread changed (observed)Mar 31, 2024
- PIK interest appearsMar 31, 2024
- Spread changed (observed)Mar 31, 2024
Full timeline · 11 eventsShow fewer
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- PIK interest appearsMar 31, 2024
- Spread increasedMar 31, 2024
- Spread increasedMar 31, 2024
- New borrower on a BDC scheduleDec 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
- METHANOLderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived