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
C•••••••• F•••••• H••••• I• L••
Utilities: Electricgroup grade Aon a schedule nowsponsor unattributed
Also written as: Emerald JV LP; LLC First and; Verdelite JV LP
Principal held
at least $46.1M
sum of BDC pieces, a lower bound
Fair value
$46.0M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
8
5 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Feb 1, 2032
no dated debt inside 24 months
On the tape since
Mar 31, 2025
latest Jun 30, 2026
Events
4
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 $35.6M | 100c | SOFR+225 bp | Feb 26, 2032 | 4 |
| other lien unstated | at least $10.5M | 100c | S+225 bp | Feb 26, 2032 | 3 |
| second lien term loan second lien exited Sep 30, 2025 | at least $2.4M | 100c | SOFR+225 bp | Feb 26, 2032 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••••• D••• S•••••••• B•• | term loan first lien Investment Type First Lien Secured D••• - Term Loan Interest Rate S+225, 0.00% Floor Matur | $12.1M | $12.1M 100c | SOFR+225 bp |
| A••• C••• I••••••••• F••• | term loan first lien First lien senior secured loans | $13.0M | $12.9M 100c | S+225 bp |
| A••• S•••••••• I••••• F••• | term loan first lien First lien senior secured loan | $10.3M | $10.3M 100c | S+225 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated Non-Affiliated Issuer | $1.9M | $1.9M 100c | S+225 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $6.6M | $6.6M 100c | S+225 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $2.0M | $2.0M 100c | S+225 bp |
| S••••• C•••• C•••••• C••• | term loan first lien First Lien - Term Loan | $202,000 | $202,000 100c | 2.25% |
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 | 5 | $46.1M | $46.0M | 100c | 0 |
| Mar 31, 2026 | 5 | $47.5M | $47.5M | 100c | 0 |
| Dec 31, 2025 | 5 | $47.1M | $47.4M | 101c | 0 |
| Sep 30, 2025 | 5 | $36.7M | $36.8M | 100c | 0 |
| Jun 30, 2025 | 7 | $37.9M | $38.0M | 100c | 0 |
| Mar 31, 2025 | 6 | $28.4M | $28.3M | 100c | 0 |
What changed
- New lender joined a facilityDec 31, 2025
- Spread changed (observed)Sep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
- Spread changed (observed)Sep 30, 2025
- Lender left a facilityJun 30, 2025
- Lender left a facilityJun 30, 2025
- New lender joined a facilityJun 30, 2025
- New borrower on a BDC scheduleMar 31, 2025
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- COGENTRIX FINANCEderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 8 BDCsderived
- Industry
- Utilities: Electricreportedas one filer wrote it