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Borrower

M••••••• E••••••••• L••

Trading Companies & Distributorsgroup grade Aon a schedule nowsponsor not established · possible relationship
Also written as: Mac Queen E••••••••

What matters now

  1. $16.1M
    principal outstanding

    $16.1M principal held by 2 lenders; matures Jan 2028.

    Q2 2026 · Refinancing is due in 15 months at a 99¢ mark.

    FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
Q2 2025: 100¢Q3 2025: 100¢Q4 2025: 100¢Q1 2026: 100¢Q2 2026: 99¢100¢ · 100¢ · 100¢ · 100¢ · 99¢Q2 2025 to Q2 2026
Principal held
at least $16.1M
sum of BDC pieces, a lower bound
Fair value
$15.9M
99c on cost, debt pieces
Unfunded
$500,000
commitments not yet drawn
BDC lenders
3
2 on the latest quarter
Facilities
3
1 equity pieces beside them
Next maturity
Jan 7, 2028
$16.1M inside 24 months
On the tape since
Sep 30, 2022
latest Jun 30, 2026
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
Every BDC piece · 4 positions across 2 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
M••••• A••••• I••••••••• P•••••• L••••••term loan first lien
F•••• L••• S•••••• D••• - T••• L••• S+551, 1.00% F•••• M••••••• D••• 01/07/28
$10.0M$9.9M
100c
SOFR+551 bp
M••••• F•••••••• I••••••••• C•••delayed draw term loan first lien
F•••• L••• S•••••• D••• - D•••••• D••• S•••+551, 1.00% F•••• M••••••• D••• 01/07/28
$6.0M$6.0M
99c
SOFR+551 bp
M••••• A••••• I••••••••• P•••••• L••••••delayed draw term loan first lien
F•••• L••• S•••••• D••• - D•••••• D••• S+551, 1.00% F•••• M••••••• D••• 01/07/28
Not disclosed-$4,000
200c
SOFR+551 bp
M••••• A••••• I••••••••• P•••••• L••••••unstated lien unstatedNot disclosedNot disclosed
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $10.0M100cSOFR+551 bpJan 7, 20281
first lien delayed draw term loan first lienat least $6.0M99cSOFR+551 bpJan 7, 20282
first lien revolver first lien
exited Sep 30, 2023
unknownn/aS+551 bpJan 7, 20281
Equity pieces beside the debt: other (Not disclosed fair value, 1 BDC)
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20262$16.1M$15.9M99c0
Mar 31, 20262$13.6M$13.5M100c0
Dec 31, 20252$11.3M$11.3M100c0
Sep 30, 20252$7.8M$7.8M100c0
All 13 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20251$7.8M$7.8M100c0
Mar 31, 20251$7.8M$7.8M101c0
Dec 31, 20241$7.8M$7.8M101c0
Sep 30, 20241$7.8M$7.8M101c0
Jun 30, 20241$7.8M$7.8M101c0
Dec 31, 20231$8.0M$7.9M100c0
Sep 30, 20231$0$0n/a0
Jun 30, 20231$0$0n/a0
Dec 31, 20221$0$0n/a0
What changed
Full timeline · 7 events
Every change including routine ones
Identity
Group key
M••••••• E••••••••derivedthe codename stem after legal suffixes and deal words
Spellings
2 across 3 BDCsderived
Industry
Trading Companies & Distributorsreportedas one filer wrote it