DFX Intelligence
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Borrower
M••••• S•••••
Services: Businessgroup grade Aon a schedule nowsponsor unattributed
Also written as: M••••• S••••• Global LLC
Principal held
at least $34.1M
sum of BDC pieces, a lower bound
Fair value
$34.1M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Apr 25, 2028
$2.6M inside 24 months
On the tape since
Sep 30, 2022
latest Jun 30, 2026
Events
8
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 $31.6M | 100c | SOFR+500 bp | Oct 25, 2029 | 2 |
| first lien delayed draw term loan first lien | at least $2.6M | 100c | SOFR+548 bp | Oct 25, 2029 | 2 |
| first lien revolver first lien | unknown | n/a | S+500 bp | Oct 25, 2029 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• C•••••• P•••••• C••••• | delayed draw term loan first lien F•••• L••• S••••• S•••••• L••• - D•••••• D••• M••••••• D••• 10/25/2029 | n/a | n/a n/a | S+500 bp |
| B••• C•••••• P•••••• C••••• | term loan first lien F•••• L••• S••••• S•••••• L••• S••• F•••• 1.00% S••••• 5.00% I••••••• R••• 8.64% M••••••• | $16.6M | $16.6M 100c | SOFR+500 bp |
| B••• C•••••• P•••••• C••••• | revolver first lien F•••• L••• S••••• S•••••• L••• - R••••••• M••••••• D••• 10/25/2029 | n/a | n/a n/a | S+500 bp |
| B••• C•••••• S•••••••• F••••••• I••• | term loan first lien F•••• L••• S••••• S•••••• L••• S••• F•••• 1.00% S••••• 5.00% I••••••• R••• 8.64% M••••••• | $15.0M | $15.0M 100c | SOFR+500 bp |
| B••• C•••••• S•••••••• F••••••• I••• | revolver first lien F•••• L••• S••••• S•••••• L••• - R••••••• M••••••• D••• 10/25/2029 | n/a | n/a n/a | |
| B••• C•••••• S•••••••• F••••••• I••• | delayed draw term loan first lien F•••• L••• S••••• S•••••• L••• - D•••••• D••• S••• F•••• 1.00% S••••• 5.48% I••••••• R••• | $2.6M | $2.6M 100c | SOFR+548 bp |
| B••• C•••••• S•••••••• F••••••• I••• | revolver first lien F•••• L••• S••••• S•••••• L••• - R••••••• M••••••• D••• 10/25/2029 One | n/a | n/a n/a | |
| B••• C•••••• S•••••••• F••••••• I••• | delayed draw term loan first lien F•••• L••• S••••• S•••••• L••• - D•••••• D••• M••••••• D••• 10/25/2029 | n/a | n/a n/a | S+548 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 | $34.1M | $34.1M | 101c | 0 |
| Mar 31, 2026 | 1 | $2.6M | $2.6M | 101c | 0 |
| Dec 31, 2025 | 1 | $4.9M | $4.9M | 100c | 0 |
| Sep 30, 2025 | 1 | $2.6M | $2.6M | 101c | 0 |
| Jun 30, 2025 | 1 | $3.1M | $3.1M | 101c | 0 |
| Mar 31, 2025 | 1 | $4.0M | $4.0M | 101c | 0 |
| Dec 31, 2024 | 1 | $3.9M | $3.9M | 101c | 0 |
| Sep 30, 2024 | 1 | $3.9M | $3.9M | 101c | 0 |
| Jun 30, 2024 | 1 | $3.1M | $3.1M | 101c | 1 |
| Mar 31, 2024 | 1 | $5.3M | $5.3M | 100c | 0 |
| Dec 31, 2023 | 1 | $5.4M | $5.3M | 100c | 0 |
| Sep 30, 2023 | 1 | $5.7M | $5.6M | 100c | 0 |
| Jun 30, 2023 | 1 | $5.4M | $5.3M | 101c | 0 |
| Mar 31, 2023 | 1 | $5.7M | $5.7M | 101c | 0 |
| Dec 31, 2022 | 1 | $8.7M | $8.5M | 100c | 0 |
| Sep 30, 2022 | 1 | $266,000 | $160,000 | 68c | 0 |
What changed
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity shortened (observed)Mar 31, 2026
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity shortened (observed)Mar 31, 2025
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Sep 30, 2024
- Maturity extended (observed)Sep 30, 2024
- PIK interest appearsJun 30, 2024
- PIK interest appearsJun 30, 2024
- Maturity shortened (observed)Jun 30, 2024
- Spread changed (observed)Sep 30, 2023
- New borrower on a BDC scheduleSep 30, 2022
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••••• S•••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 2 BDCsderived
- Industry
- Services: Businessreportedas one filer wrote it