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
E•••••••• C••••••••• o• A••••••
group grade Aoff every schedule since Dec 31, 2025sponsor unattributed
Also written as: Equity Securities; Junior
Nothing material in the last 200 days. Last change: 31 Dec 2025, Non-accrual at 1 of 1 lender on the latest schedules, first placed in Q4 2023.
Principal held
at least $833,000
sum of BDC pieces, a lower bound
Fair value
$2.2M
266c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
1 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Dec 31, 2025
Events
10
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2025, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| M••••• C•••••• C••• | $833K | no cost filed | new this quarter |
Every BDC piece · 2 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• C•••••• C••• | term loan first lien S••••• S•••••• L•••• | $833,000 | $2.2M 266c | S+1200 bp PIK 18.75% |
| M••••• C•••••• C••• | preferred equity equity Series G P•••••••• S•••• (8,333 shares) V••• A••••••••• H•••••, LLC (fka V••• Group Holdin | Not disclosed | $0 0c | PIK 12.00% |
Capital structure as the BDCs see it
latest quarter end Dec 31, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| term loan lien unstated exited Dec 31, 2024 | at least $1.7M | 281c | S+1100 bp PIK 5.50% | unstated | 1 |
| first lien term loan first lien exited Dec 31, 2025 | at least $833,000 | 266c | S+1200 bp PIK 18.75% | unstated | 1 |
| unsecured or subordinated term loan unsecured or subordinated exited Sep 30, 2025 | at least $833,000 | 266c | S+1200 bp PIK 19.25% | unstated | 1 |
Equity pieces beside the debt: preferred equity ($0 fair value, 1 BDC)
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2025 | 1 | $833,000 | $2.2M | 266c | 1 |
| Sep 30, 2025 | 1 | $833,000 | $2.2M | 266c | 1 |
| Jun 30, 2025 | 1 | $833,000 | $2.2M | 266c | 0 |
| Mar 31, 2025 | 1 | $833,000 | $2.3M | 281c | 0 |
All 15 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Dec 31, 2024 | 1 | $2.5M | $7.0M | 281c | 3 |
| Sep 30, 2024 | 1 | $833,000 | $2.5M | 301c | 1 |
| Jun 30, 2024 | 1 | $833,000 | $2.3M | 279c | 1 |
| Mar 31, 2024 | 1 | $833,000 | $2.2M | 270c | 1 |
| Dec 31, 2023 | 1 | $833,000 | $2.2M | 262c | 1 |
| Sep 30, 2023 | 1 | $833,000 | $2.1M | 251c | 1 |
| Jun 30, 2023 | 1 | $833,000 | $2.0M | 245c | 1 |
| Mar 31, 2023 | 1 | $833,000 | $2.0M | 240c | 1 |
| Dec 31, 2022 | 1 | $833,000 | $1.9M | 226c | 1 |
| Sep 30, 2022 | 1 | $833,000 | $1.9M | 232c | 1 |
| Dec 31, 2021 | 1 | $833,000 | $576,000 | 69c | 1 |
What changed
- Facility left every BDC scheduleDec 31, 2025
- PIK interest appearsSep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
- PIK interest appearsSep 30, 2025
- Marked down (one lender)Jun 30, 2025
Full timeline · 15 eventsShow fewer
- Spread changed (observed)Mar 31, 2025
- Spread increasedMar 31, 2025
- Facility left every BDC scheduleDec 31, 2024
- Marked down (one lender)Dec 31, 2024
- non accrual placedJun 30, 2024
- returned to accrualMar 31, 2024
- non accrual placedDec 31, 2023
- Marked down (one lender)Dec 31, 2022
- Mark recoveredSep 30, 2022
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- E•••••••• C••••••••• O• A••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived