DFX Intelligence
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Borrower
I•••••• A••••••••• M••••••••• L••
group grade Aon a schedule nowsponsor unattributed
Principal held
at least $20.0M
sum of BDC pieces, a lower bound
Fair value
$19.1M
95c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
1
2 equity pieces beside them
Next maturity
Apr 3, 2028
$20.0M inside 24 months
On the tape since
Jun 30, 2023
latest Jun 30, 2026
Events
6
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 4 | $339,000 | $320,000 94c | S+950 bp PIK 1.50% |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 2 | $7.3M | $6.9M 95c | S+950 bp PIK 1.50% |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 3 | $2.9M | $2.8M 95c | S+950 bp PIK 1.50% |
| M••• S••••• C•••••• C••• | equity equity C••••• Equity | n/a | $97,000 21c | |
| M••• S••••• C•••••• C••• | term loan lien unstated S•••••• D••• 1 | $864,000 | $818,000 96c | S+950 bp PIK 1.50% |
| M•• I••••• F•••• I••• | term loan lien unstated S•••••• D••• 3 | $1.3M | $1.2M 95c | S+950 bp PIK 1.50% |
| M•• I••••• F•••• I••• | term loan lien unstated S•••••• D••• 2 | $6.3M | $5.9M 95c | S+950 bp PIK 1.50% |
| M•• I••••• F•••• I••• | term loan lien unstated S•••••• D••• 1 | $740,000 | $700,000 95c | S+950 bp PIK 1.50% |
| M•• I••••• F•••• I••• | term loan lien unstated S•••••• D••• 4 | $291,000 | $274,000 94c | S+950 bp PIK 1.50% |
| M•• I••••• F•••• I••• | equity equity C••••• Equity | n/a | $75,000 21c |
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 | $20.0M | $18.9M | 95c | 8 |
| Mar 31, 2026 | 2 | $20.0M | $18.9M | 95c | 8 |
| Dec 31, 2025 | 2 | $20.0M | $18.8M | 95c | 8 |
| Sep 30, 2025 | 2 | $20.0M | $18.7M | 95c | 8 |
| Jun 30, 2025 | 2 | $19.9M | $18.6M | 95c | 8 |
| Mar 31, 2025 | 2 | $19.9M | $18.1M | 92c | 8 |
| Dec 31, 2024 | 2 | $38.1M | $35.0M | 93c | 6 |
| Sep 30, 2024 | 2 | $19.1M | $17.2M | 92c | 0 |
| Jun 30, 2024 | 2 | $19.1M | $17.5M | 93c | 0 |
| Mar 31, 2024 | 2 | $19.2M | $18.5M | 98c | 0 |
| Dec 31, 2023 | 2 | $19.2M | $18.9M | 100c | 0 |
| Sep 30, 2023 | 2 | $19.0M | $18.8M | 101c | 0 |
| Jun 30, 2023 | 2 | $18.3M | $17.9M | 100c | 0 |
What changed
- Maturity approachingApr 3, 2028
- Spread changed (observed)Mar 31, 2026
- PIK interest appearsMar 31, 2025
- PIK interest appearsDec 31, 2024
- Spread changed (observed)Dec 31, 2024
- Spread increasedDec 31, 2024
- Spread increasedDec 31, 2024
- PIK interest appearsDec 31, 2024
- Marked down across lendersJun 30, 2024
- Marked down (one lender)Jun 30, 2024
- Marked down (one lender)Jun 30, 2024
- New borrower on a BDC scheduleJun 30, 2023
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- INSPIRE AESTHETICSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived