DFX Intelligence
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Borrower
M•••••• P••••••••• I••
group grade Bon a schedule nowsponsor unattributed
Also written as: Emerald JV LP; Inc. Verdelite JV LP
Principal held
at least $19.6M
sum of BDC pieces, a lower bound
Fair value
$7.1M
37c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
May 2, 2029
no dated debt inside 24 months
On the tape since
Sep 30, 2022
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 |
|---|---|---|---|---|---|
| other lien unstated | at least $19.6M | 37c | S+475 bp | May 2, 2029 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | unstated lien unstated N••••••••• I••••• | $11.4M | $4.1M 37c | S+475 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $4.8M | $1.7M 37c | S+475 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $3.3M | $1.2M 38c | S+475 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 | $19.6M | $7.1M | 37c | 0 |
| Mar 31, 2026 | 1 | $19.6M | $9.1M | 46c | 0 |
| Dec 31, 2025 | 1 | $19.7M | $12.9M | 66c | 0 |
| Sep 30, 2025 | 1 | $19.7M | $14.4M | 73c | 0 |
| Jun 30, 2025 | 1 | $19.8M | $13.4M | 68c | 0 |
| Mar 31, 2025 | 1 | $19.8M | $16.8M | 85c | 0 |
| Dec 31, 2024 | 1 | $39.7M | $37.2M | 94c | 0 |
| Sep 30, 2024 | 1 | $19.9M | $17.8M | 90c | 0 |
| Jun 30, 2024 | 1 | $20.0M | $18.6M | 94c | 0 |
| Mar 31, 2024 | 1 | $20.0M | $19.2M | 96c | 0 |
| Dec 31, 2023 | 1 | $28.4M | $27.0M | 96c | 0 |
| Sep 30, 2023 | 1 | $20.1M | $19.4M | 97c | 0 |
| Jun 30, 2023 | 1 | $20.2M | $19.6M | 98c | 0 |
| Mar 31, 2023 | 1 | $11.8M | $11.2M | 95c | 0 |
| Dec 31, 2022 | 1 | $16.8M | $15.8M | 94c | 0 |
| Sep 30, 2022 | 1 | $23.8M | $22.4M | 95c | 0 |
What changed
- Marked down (one lender)Jun 30, 2026
- non accrual placedMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Dec 31, 2025
- Marked down (one lender)Jun 30, 2025
- Marked down (one lender)Mar 31, 2025
- New borrower on a BDC scheduleSep 30, 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
- MITNICKderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived