DFX Intelligence
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Borrower
3• P•••••• F•• P••• O•••• L••
Consumer Staples Distribution & Retailgroup grade Aon a schedule nowsponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 100¢ · 100¢ · 100¢ · 100¢Q2 2025 to Q2 2026
Where each lender marks it, 0 points apart
100¢100¢
Principal held
at least $16.2M
sum of BDC pieces, a lower bound
Fair value
$15.9M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
1 equity pieces beside them
Next maturity
Sep 20, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
3
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| M••••• F•••••••• I••••••••• C••• | $8.43M | 100¢ | 0 pts |
| M••••• A••••• I••••••••• P•••••• L•••••• | $7.74M | 100¢ | new this quarter |
Every BDC piece · 4 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• F•••••••• I••••••••• C••• | term loan first lien F•••• L••• S•••••• D••• - T••• L••• S•••+525, 1.00% F•••• M••••••• D••• 09/20/30 | $8.4M | $8.3M 100c | SOFR+525 bp |
| M••••• A••••• I••••••••• P•••••• L•••••• | term loan first lien F•••• L••• S•••••• D••• – T••• L••• S+525, 1.00% F•••• M••••••• D••• 09/20/30 | $7.7M | $7.6M 100c | SOFR+525 bp |
| M••••• A••••• I••••••••• P•••••• L•••••• | revolver first lien F•••• L••• S•••••• D••• – R••••••• S+525, 1.00% F•••• M••••••• D••• 09/20/30 | Not disclosed | $-1,000 100c | SOFR+525 bp |
| M••••• F•••••••• I••••••••• C••• | revolver first lien F•••• L••• S•••••• D••• - R••••••• S•••+525, 1.00% F•••• M••••••• D••• 09/20/30 | Not disclosed | $-13,000 118c | SOFR+525 bp |
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 $16.2M | 100c | SOFR+525 bp | Sep 20, 2030 | 2 |
| first lien revolver first lien | unknown | n/a | SOFR+525 bp | Sep 20, 2030 | 2 |
Equity pieces beside the debt: other ($8.4M fair value, 1 BDC)
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 | $16.2M | $15.9M | 100c | 0 |
| Mar 31, 2026 | 1 | $8.5M | $8.3M | 99c | 0 |
| Dec 31, 2025 | 2 | $16.5M | $16.1M | 100c | 0 |
| Sep 30, 2025 | 2 | $16.6M | $16.2M | 100c | 0 |
All 14 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $8.8M | $8.6M | 100c | 0 |
| Mar 31, 2025 | 1 | $8.5M | $8.4M | 100c | 0 |
| Dec 31, 2024 | 1 | $8.6M | $8.4M | 100c | 0 |
| Sep 30, 2024 | 1 | $8.6M | $8.4M | 100c | 0 |
| Jun 30, 2024 | 1 | $6.8M | $6.7M | 101c | 0 |
| Mar 31, 2024 | 1 | $7.5M | $6.6M | 100c | 0 |
| Dec 31, 2023 | 1 | $2.2M | $0 | 0c | 0 |
| Sep 30, 2023 | 1 | $2.2M | $0 | 0c | 0 |
| Jun 30, 2023 | 1 | $2.2M | $0 | 0c | 0 |
| Dec 31, 2022 | 1 | $2.2M | $0 | 0c | 0 |
What changed
- Marked down (one lender)Dec 31, 2025
- New lender joined a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- Maturity extended (observed)Mar 31, 2024
- Spread changed (observed)Mar 31, 2024
Full timeline · 8 eventsShow fewer
- Spread increasedMar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- New borrower on a BDC scheduleDec 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
- 3D PROTEIN FOR PETSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- Consumer Staples Distribution & Retailreportedas one filer wrote it