DFX Intelligence
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Borrower
C•••••• U• C•• 2•••••• L••
Structured finance (CLO)group grade Aon a schedule nowsponsor unattributed
Also written as: Structured Finance
Principal held
at least $11.4M
sum of BDC pieces, a lower bound
Fair value
$8.9M
89c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Jul 25, 2038
no dated debt inside 24 months
On the tape since
Jun 30, 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 |
|---|---|---|---|---|---|
| unsecured or subordinated notes unsecured or subordinated | at least $11.4M | 89c | Jul 25, 2038 | 1 | |
| second lien term loan second lien exited Sep 30, 2025 | at least $11.4M | 103c | Dec 31, 2049 | 1 | |
| notes lien unstated exited Mar 31, 2026 | at least $2.5M | 100c | S+335 bp | Jul 1, 2038 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S•••••••• P•••••• C••••• F••• L•• | notes unsecured or subordinated | N••• D••• Inv. | S••••••••• N•••• | 7/25/2038 | $11.4M | $8.9M 89c |
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 | $11.4M | $8.9M | 89c | 0 |
| Mar 31, 2026 | 2 | $13.9M | $11.4M | 92c | 0 |
| Dec 31, 2025 | 2 | $25.3M | $23.5M | 103c | 0 |
| Sep 30, 2025 | 2 | $29.4M | $28.8M | 102c | 0 |
| Jun 30, 2025 | 2 | $20.4M | $19.1M | 100c | 0 |
What changed
- Marked down across lendersMar 31, 2026
- Facility left every BDC scheduleMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Facility left every BDC scheduleSep 30, 2025
- New borrower on a BDC scheduleJun 30, 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
- CARLYLE CLO 2025 2derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- Structured finance (CLO)reportedas one filer wrote it