DFX Intelligence
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Borrower
M••••••• T•••••••• L••
group 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 $34.7M
sum of BDC pieces, a lower bound
Fair value
$34.4M
100c on cost, debt pieces
Unfunded
$2.6M
commitments not yet drawn
BDC lenders
5
5 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Sep 25, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
2
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 |
|---|---|---|---|
| B•••••• P•••••• C••••• C••• | $14.9M | 100¢ | 0 pts |
| B•••••• B••• I••• | $7.24M | 100¢ | 0 pts |
| N••••• C•••••••• D••••• L•••••• C•••• | $5.19M | 100¢ | 0 pts |
| N••••• C•••••••• P•••••• C•••••• I••••• F••• | $5.19M | 100¢ | 0 pts |
| B•••••• C•••••• I••••••••• C••• | $2.19M | 100¢ | 0 pts |
Every BDC piece · 8 positions across 5 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• P•••••• C••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $14.9M | $14.8M 100c | S+550 bp |
| B•••••• B••• I••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $7.2M | $7.2M 100c | S+550 bp |
| N••••• C•••••••• D••••• L•••••• C•••• | subordinated debt unsecured or subordinated S••••••••• D••• | $5.2M | $5.1M 100c | 10.00% PIK 3.00% |
| N••••• C•••••••• P•••••• C•••••• I••••• F••• | subordinated debt unsecured or subordinated S••••••••• D••• | $5.2M | $5.1M 100c | 10.00% PIK 3.00% |
| B•••••• C•••••• I••••••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $2.2M | $2.2M 100c | S+550 bp |
View all 8 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••• B••• I••• | revolver lien unstated R••••••• | $0 | -$7,000 117c | S+550 bp |
| B•••••• C•••••• I••••••••• C••• | revolver lien unstated R••••••• | $0 | -$2,000 100c | S+550 bp |
| B•••••• P•••••• C••••• C••• | revolver lien unstated R••••••• | $0 | -$10,000 111c | S+550 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 $24.4M | 100c | S+550 bp | unstated | 3 |
| unsecured or subordinated subordinated debt unsecured or subordinated | at least $10.4M | 100c | 10.00% PIK 3.00% | Sep 25, 2029 | 2 |
| revolver lien unstated | at least $0 | n/a | S+550 bp | unstated | 3 |
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 | 5 | $34.7M | $34.4M | 100c | 2 |
| Mar 31, 2026 | 5 | $34.7M | $34.3M | 100c | 2 |
| Dec 31, 2025 | 5 | $37.0M | $36.6M | 100c | 2 |
| Sep 30, 2025 | 5 | $30.4M | $30.0M | 100c | 2 |
All 7 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 5 | $30.4M | $29.9M | 100c | 2 |
| Mar 31, 2025 | 5 | $30.3M | $29.9M | 100c | 2 |
| Dec 31, 2024 | 3 | $0 | $0 | n/a | 0 |
What changed
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- Maturity extended (observed)Jun 30, 2025
- New borrower on a BDC scheduleDec 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
- M••••••• T•••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 5 BDCsderived