DFX Intelligence
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Borrower
N••••• M•••• C•••••••••
Professional Services Rate S+6.25%, 1.00% Floorgroup grade Bon a schedule nowsponsor unattributed
Principal held
at least $6.9M
sum of BDC pieces, a lower bound
Fair value
$6.7M
98c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
May 31, 2029
no dated debt inside 24 months
On the tape since
Jun 30, 2024
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 $6.9M | 98c | SOFR+625 bp | May 31, 2029 | 1 |
| first lien revolver first lien exited Mar 31, 2026 | at least $767,956 | n/a | SOFR+625 bp | May 31, 2029 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S••••• P•••• S•••••••• L•••••• F••• | term loan first lien 1st L•••/S•••••• L•••• I••••••••• 1st L••• T••• L••• I••••••• P••••••••• Services R••• S+6 | $6.9M | $6.7M 98c | 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 | 1 | $6.9M | $6.7M | 98c | 0 |
| Mar 31, 2026 | 1 | $7.7M | $6.7M | 98c | 0 |
| Dec 31, 2025 | 1 | $7.7M | $6.8M | 99c | 0 |
| Sep 30, 2025 | 1 | $7.7M | $6.8M | 99c | 0 |
| Jun 30, 2025 | 1 | $7.7M | $7.3M | 100c | 0 |
| Mar 31, 2025 | 1 | $7.7M | $6.8M | 100c | 0 |
| Dec 31, 2024 | 1 | $7.7M | $6.8M | 100c | 0 |
| Sep 30, 2024 | 1 | $7.7M | $6.8M | 100c | 0 |
| Jun 30, 2024 | 1 | $7.7M | $6.8M | 100c | 0 |
What changed
- Facility left every BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleJun 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
- NETSPIderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Professional Services Rate S+6.25%, 1.00% Floorreportedas one filer wrote it