DFX Intelligence
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Borrower
T•• V••• M••••• N•• H••••••• I• L••
group grade Aon a schedule nowsponsor unattributed
Principal held
at least $27.2M
sum of BDC pieces, a lower bound
Fair value
$27.0M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
Mar 15, 2027
$27.2M inside 24 months
On the tape since
Mar 31, 2024
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 |
|---|---|---|---|---|---|
| other lien unstated | at least $27.2M | 100c | S+650 bp | Mar 15, 2027 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated Non-Affiliated Issuer | $6.4M | $6.4M 100c | S+650 bp |
| H•• C•••••••• L•••••• F••• | unstated lien unstated Non-Affiliated Issuer | $20.8M | $20.7M 100c | S+650 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 | $27.2M | $27.0M | 100c | 0 |
| Mar 31, 2026 | 2 | $8.1M | $8.0M | 100c | 0 |
| Dec 31, 2025 | 2 | $41.3M | $41.1M | 100c | 0 |
| Sep 30, 2025 | 2 | $48.4M | $48.1M | 100c | 0 |
| Jun 30, 2025 | 2 | $55.5M | $55.0M | 100c | 0 |
| Mar 31, 2025 | 2 | $62.6M | $62.0M | 100c | 0 |
| Dec 31, 2024 | 2 | $139M | $138M | 100c | 0 |
| Sep 30, 2024 | 2 | $76.7M | $75.6M | 100c | 0 |
| Jun 30, 2024 | 2 | $85.0M | $84.1M | 101c | 0 |
| Mar 31, 2024 | 1 | $65.0M | $63.7M | 100c | 0 |
What changed
- Maturity approachingMar 15, 2027
- Maturity approachingMar 15, 2027
- Maturity approachingMar 15, 2027
- New borrower on a BDC scheduleMar 31, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- TPG V••• MERLIN NEWderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived