DFX Intelligence
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Borrower
S••••• S•••• • J•••• C••••••
Principal held
at least $14.0M
sum of BDC pieces, a lower bound
Fair value
$14.0M
102c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Mar 25, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 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 $12.4M | 101c | SOFR+475 bp | Mar 25, 2031 | 1 |
| first lien delayed draw term loan first lien | at least $1.3M | 102c | SOFR+475 bp | Mar 25, 2031 | 1 |
| first lien revolver first lien | at least $265,112 | 110c | SOFR+475 bp | Mar 25, 2031 | 1 |
| delayed draw term loan lien unstated exited Sep 30, 2025 | at least $0 | n/a | SOFR+475 bp | Mar 25, 2031 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A•••• P•••••• C••••• F•••• L•• | revolver first lien U••••••••• R••••••• M••••••• 3/25/2031 | n/a | n/a | SOFR+475 bp |
| A•••• P•••••• C••••• F•••• L•• | revolver first lien Investment T••• U••••••••• R••••••• I•••• S+ S••••• 4.75% I••••••• R••• 8.48% A••••••••• D | $265,112 | $265,112 110c | SOFR+475 bp |
| A•••• P•••••• C••••• F•••• L•• | delayed draw term loan first lien U••••••••• D••• M••••••• 3/25/2031 | n/a | n/a | SOFR+475 bp |
| A•••• P•••••• C••••• F•••• L•• | delayed draw term loan first lien Investment T••• U••••••••• D••• I•••• S+ S••••• 4.75% I••••••• R••• 8.48% A••••••••• D••• | $1.3M | $1.3M 102c | SOFR+475 bp |
| A•••• P•••••• C••••• F•••• L•• | term loan first lien Investment T••• U••••••••• T••• L••• I•••• S+ S••••• 4.75% I••••••• R••• 8.48% A••••••••• | $12.4M | $12.4M 101c | SOFR+475 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 | $14.0M | $14.0M | 102c | 0 |
| Mar 31, 2026 | 1 | $12.6M | $12.6M | 102c | 0 |
| Dec 31, 2025 | 1 | $25.3M | $25.3M | 102c | 0 |
| Sep 30, 2025 | 1 | $12.5M | $12.5M | 102c | 0 |
| Dec 31, 2024 | 1 | $37.9M | $37.9M | 100c | 0 |
What changed
- Marked down (one lender)Jun 30, 2026
- Maturity extended (observed)Sep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
Sponsor
- M••••• E••••• P•••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedmsouth.com"••• Locked"
Identity
- Group key
- SUMMIT SPINE AND JOINT CENTERSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Healthcarereportedas one filer wrote it