DFX Intelligence
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Borrower
F•••• U• B••••• I••
group grade Aon a schedule nowsponsor unattributed
Also written as: Argus; F•••• Midco I Limited; F•••• U.S. B•••• Inc. (; F•••• U.S. B•••• Inc. (dba Argus; Verdelite JV LP
Principal held
at least $1.6M
sum of BDC pieces, a lower bound
Fair value
$1.6M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
6
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Feb 21, 2031
no dated debt inside 24 months
On the tape since
Jun 30, 2023
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 |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $993,000 | 99c | S+275 bp | unstated | 5 |
| other lien unstated | at least $652,000 | 100c | S+275 bp | Feb 21, 2031 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• P•••••• C••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $993,000 | $993,000 99c | S+275 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $652,000 | $654,000 100c | S+275 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 | $1.6M | $1.6M | 100c | 0 |
| Mar 31, 2026 | 2 | $1.6M | $1.6M | 100c | 0 |
| Dec 31, 2025 | 2 | $1.7M | $1.7M | 100c | 0 |
| Sep 30, 2025 | 1 | $657,000 | $659,000 | 100c | 0 |
| Jun 30, 2025 | 1 | $659,000 | $661,000 | 100c | 0 |
| Mar 31, 2025 | 1 | $660,000 | $660,000 | 100c | 0 |
| Dec 31, 2024 | 1 | $1.3M | $1.3M | 101c | 0 |
| Sep 30, 2024 | 1 | $664,000 | $664,000 | 100c | 0 |
| Jun 30, 2024 | 4 | $23.2M | $23.3M | 101c | 0 |
| Mar 31, 2024 | 4 | $23.2M | $23.2M | 101c | 0 |
| Dec 31, 2023 | 1 | $2.0M | $2.0M | 100c | 0 |
| Sep 30, 2023 | 1 | $2.6M | $2.6M | 100c | 0 |
| Jun 30, 2023 | 1 | $449,000 | $0 | n/a | 0 |
What changed
- Spread changed (observed)Dec 31, 2025
- Lender left a facilityJun 30, 2024
- Lender left a facilityJun 30, 2024
- Lender left a facilityJun 30, 2024
- Maturity extended (observed)Mar 31, 2024
- New lender joined a facilityMar 31, 2024
- New lender joined a facilityMar 31, 2024
- New lender joined a facilityMar 31, 2024
- Lender left a facilityDec 31, 2023
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- FLEETderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 6 BDCsderived