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
M•• B••••• L••
Specialized Financegroup grade Aon a schedule nowsponsor unattributed
Also written as: LLC Term A Loan
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 100¢ · 100¢ · 100¢Q3 2025 to Q2 2026
Where each lender marks it, 0 points apart
100¢100¢
Principal held
at least $17.6M
sum of BDC pieces, a lower bound
Fair value
$17.8M
100c on cost, debt pieces
Unfunded
$5.2M
commitments not yet drawn
BDC lenders
4
4 on the latest quarter
Facilities
3
1 equity pieces beside them
Next maturity
Sep 19, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
1
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B•••••• P•••••• C••••• C••• | $6.66M | 100¢ | 0 pts |
| S•••••••• P•••••• C••••• F••• L•• | $5.97M | 100¢ | 0 pts |
| B•••••• B••• I••• | $3.32M | 100¢ | 0 pts |
| B•••••• C•••••• I••••••••• C••• | $1.7M | 100¢ | 0 pts |
Every BDC piece · 13 positions across 4 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• P•••••• C••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $6.7M | $6.6M 100c | S+475 bp |
| S•••••••• P•••••• C••••• F••• L•• | term loan first lien N••• D••• Inv. | F•••• L••• S••••• S•••••• L••• | 9/19/2031 | $6.0M | $5.9M 100c | SOFR+475 bp |
| B•••••• B••• I••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $3.3M | $3.3M 100c | S+475 bp |
| B•••••• C•••••• I••••••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $1.7M | $1.7M 100c | S+475 bp |
| B•••••• B••• I••• | revolver lien unstated R••••••• | $0 | $-5,000 100c | S+475 bp |
View all 13 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• C•••••• I••••••••• C••• | revolver lien unstated R••••••• | $0 | $-2,000 67c | S+475 bp |
| B•••••• P•••••• C••••• C••• | revolver lien unstated R••••••• | $0 | $-9,000 82c | S+475 bp |
| B•••••• B••• I••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | S+475 bp |
| B•••••• B••• I••• | equity equity LLC U•••• | Not disclosed | $96,000 95c | |
| B•••••• C•••••• I••••••••• C••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | S+475 bp |
| B•••••• C•••••• I••••••••• C••• | equity equity LLC U•••• | Not disclosed | $49,000 96c | |
| B•••••• P•••••• C••••• C••• | delayed draw term loan lien unstated D•••••• D••• T••• L••• | Not disclosed | Not disclosed | S+475 bp |
| B•••••• P•••••• C••••• C••• | equity equity LLC U•••• | Not disclosed | $193,000 96c |
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 $17.6M | 100c | SOFR+475 bp | Sep 19, 2031 | 4 |
| revolver lien unstated | at least $0 | n/a | S+475 bp | unstated | 3 |
| delayed draw term loan lien unstated | unknown | n/a | S+475 bp | unstated | 3 |
Equity pieces beside the debt: equity ($338,000 fair value, 3 BDCs)
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 | 4 | $17.6M | $17.4M | 100c | 0 |
| Mar 31, 2026 | 4 | $17.5M | $17.3M | 100c | 0 |
| Dec 31, 2025 | 4 | $25.1M | $24.8M | 100c | 0 |
| Sep 30, 2025 | 3 | $9.4M | $9.2M | 100c | 0 |
All 5 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2024 | 3 | $0 | $0 | n/a | 0 |
What changed
- New lender joined a facilityDec 31, 2025
- New borrower on a BDC scheduleDec 31, 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
- M•• B••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived
- Industry
- Specialized Financereportedas one filer wrote it