DFX Intelligence
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Borrower
K••••••• I••••••••• L••
Electrical Equipmentgroup grade Aon a schedule nowsponsor unattributed
Also written as: K•••••••; K••••••• Holdco, LLC; K••••••• Holdings, LLC; Letters of Credit; LLC Undrawn Commitment
Principal held
at least $30.1M
sum of BDC pieces, a lower bound
Fair value
$10.8M
40c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
Sep 30, 2026
$30.1M inside 24 months
On the tape since
Mar 31, 2022
latest Jun 30, 2026
Events
17
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 $28.7M | 40c | SOFR+460 bp | Sep 30, 2026 | 2 |
| first lien revolver first lien | at least $1.4M | 40c | 10.33% | Sep 30, 2026 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• A••••• I••••••••• P•••••• L•••••• | term loan first lien F•••• L••• S•••••• D••• - T••• L••• S+460, 1.00% F•••• M••••••• D••• 09/30/26 | $175,000 | $175,000 104c | SOFR+460 bp |
| M••••• A••••• I••••••••• P•••••• L•••••• | term loan first lien F•••• L••• S•••••• D••• - T••• L••• 10.33% M••••••• D••• 09/30/26 | $9.4M | $3.3M 39c | |
| M••••• F•••••••• I••••••••• C••• | equity equity C••••• Equity - C••••• S•••• | n/a | n/a n/a | |
| M••••• F•••••••• I••••••••• C••• | revolver first lien F•••• L••• S•••••• D••• - R••••••• 10.30% M••••••• D••• 09/30/26 | $1.4M | $490,000 40c | 10.33% |
| M••••• F•••••••• I••••••••• C••• | term loan first lien F•••• L••• S•••••• D••• - T••• L••• 10.33% M••••••• D••• 09/30/26 | $18.8M | $6.6M 39c | 10.33% |
| M••••• F•••••••• I••••••••• C••• | term loan first lien F•••• L••• S•••••• D••• - T••• L••• S•••+460, 1.00% F•••• M••••••• D••• 09/30/26 | $301,000 | $301,000 105c | SOFR+460 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 | $30.1M | $10.8M | 40c | 0 |
| Mar 31, 2026 | 2 | $29.3M | $12.5M | 46c | 0 |
| Dec 31, 2025 | 2 | $28.1M | $17.1M | 64c | 0 |
| Sep 30, 2025 | 2 | $27.4M | $16.8M | 63c | 0 |
| Jun 30, 2025 | 2 | $8.3M | $7.9M | 96c | 0 |
| Mar 31, 2025 | 2 | $26.4M | $25.0M | 95c | 0 |
| Dec 31, 2024 | 2 | $8.4M | $7.9M | 95c | 0 |
| Sep 30, 2024 | 2 | $8.2M | $7.7M | 95c | 0 |
| Jun 30, 2024 | 2 | $7.9M | $7.8M | 99c | 0 |
| Mar 31, 2024 | 1 | $0 | $0 | n/a | 0 |
| Dec 31, 2023 | 2 | $8.0M | $7.9M | 100c | 0 |
| Sep 30, 2023 | 1 | $0 | $0 | n/a | 0 |
| Jun 30, 2023 | 1 | $0 | $0 | n/a | 0 |
| Mar 31, 2023 | 1 | $0 | $0 | n/a | 0 |
| Dec 31, 2022 | 1 | $0 | $0 | n/a | 0 |
| Mar 31, 2022 | 1 | $0 | $0 | n/a | 0 |
What changed
- Maturity approachingSep 30, 2026
- Maturity approachingSep 30, 2026
- Maturity approachingSep 30, 2026
- Maturity approachingSep 30, 2026
- Maturity approachingSep 30, 2026
- Maturity approachingSep 30, 2026
- Marked down across lendersJun 30, 2026
- Marked down across lendersJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down across lendersMar 31, 2026
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down across lendersSep 30, 2025
- Spread changed (observed)Sep 30, 2025
- Maturity extended (observed)Sep 30, 2025
- Marked down (one lender)Sep 30, 2025
- Spread increasedSep 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Mar 31, 2025
- New lender joined a facilityMar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Spread changed (observed)Jun 30, 2024
- Spread increasedJun 30, 2024
- New borrower on a BDC scheduleMar 31, 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
- KAUFFMANderivedthe codename stem after legal suffixes and deal words
- Spellings
- 4 across 2 BDCsderived
- Industry
- Electrical Equipmentreportedas one filer wrote it