DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
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Borrower
F•••• R•••••••• L••
group grade Aon a schedule nowsponsor unattributed
Principal held
at least $10.7M
sum of BDC pieces, a lower bound
Fair value
$15.3M
100c on cost, debt pieces
Unfunded
$1.6M
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
3 equity pieces beside them
Next maturity
Mar 25, 2029
no dated debt inside 24 months
On the tape since
Dec 31, 2024
latest Jun 30, 2026
Events
8
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 $8.9M | 100c | S+515 bp PIK 8.87% | Mar 25, 2029 | 1 |
| first lien revolver first lien | at least $1.9M | 100c | S+515 bp PIK 8.87% | Mar 25, 2029 | 1 |
| revolver lien unstated exited Dec 31, 2025 | unknown | n/a | unstated | 1 |
Equity pieces beside the debt: equity ($3.5M fair value, 1 BDC), preferred equity ($2.7M fair value, 1 BDC), other (n/a fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• C•••••• I••••• P••• C••• | revolver first lien Revolver) | Non-controlled Affiliate Company Investments | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | equity equity Common units) | Equity Securities | $0 | $0 | |
| M••••• C•••••• I••••• P••• C••• | equity equity Common units) | Equity Securities | $0 | $3.5M 96c | |
| M••••• C•••••• I••••• P••• C••• | equity equity Common units) | Non-controlled Affiliate Company Investments | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | revolver first lien Revolver) | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | preferred equity equity Preferred units) | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | revolver first lien Revolver) 1 | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | revolver first lien Revolver) | Senior Secured Loans | $1.9M | $253,000 100c | S+515 bp PIK 8.87% |
| M••••• C•••••• I••••• P••• C••• | unstated lien unstated | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | unstated lien unstated Non-controlled Affiliate Company Investments | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | preferred equity equity Series A preferred units) | Equity Securities | $0 | $0 | PIK 10.00% |
| M••••• C•••••• I••••• P••• C••• | preferred equity equity Preferred units) | Equity Securities | $0 | $2.7M 150c | |
| M••••• C•••••• I••••• P••• C••• | term loan first lien Senior Secured Loans | $8.9M | $8.9M 100c | S+515 bp PIK 8.87% |
| M••••• C•••••• I••••• P••• C••• | equity equity Common units) | n/a | n/a | |
| M••••• C•••••• I••••• P••• C••• | preferred equity equity Preferred units) | Non-controlled Affiliate Company Investments | n/a | n/a |
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 | 1 | $10.7M | $9.1M | 100c | 2 |
| Mar 31, 2026 | 1 | $10.7M | $9.2M | 100c | 2 |
| Dec 31, 2025 | 1 | $23.6M | $17.4M | 75c | 3 |
| Dec 31, 2024 | 1 | $0 | $0 | n/a | 0 |
What changed
- Mark recoveredMar 31, 2026
- Maturity extended (observed)Mar 31, 2026
- Spread changed (observed)Mar 31, 2026
- Mark recoveredMar 31, 2026
- Maturity extended (observed)Mar 31, 2026
- Spread changed (observed)Mar 31, 2026
- Maturity extended (observed)Mar 31, 2026
- Maturity extended (observed)Mar 31, 2026
- Facility left every BDC scheduleDec 31, 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
- F•••• RESPONSEderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived