DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
Borrower
M••••• C•••••••••
Air Freight & Logisticsgroup grade Bon a schedule nowsponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
98¢ · 98¢ · 98¢ · 97¢ · 97¢Q2 2025 to Q2 2026
Principal held
at least $4.8M
sum of BDC pieces, a lower bound
Fair value
$4.6M
97c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Jul 26, 2030
no dated debt inside 24 months
On the tape since
Sep 30, 2024
latest Jun 30, 2026
Events
9
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 |
|---|---|---|---|
| A• P•••••• C••••• I•••••••• C••• | $4.78M | 97¢ | 0 pts |
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A• P•••••• C••••• I•••••••• C••• | term loan first lien US C•••••••• D••• | 1st L•••/S••••• S•••••• D••• | T••• L••• | 9.48% ( 0.75% F••••; 5.75% | $3.8M | $3.7M 98c | 9.48% PIK 5.75% |
| A• P•••••• C••••• I•••••••• C••• | revolver first lien US C•••••••• D••• | 1st L•••/S••••• S•••••• D••• | R••••••• | 11.5% ( 0.75% F••••; 4.75% P | $784,891 | $758,915 98c | 11.50% PIK 4.75% |
| A• P•••••• C••••• I•••••••• C••• | delayed draw term loan first lien US C•••••••• D••• | 1st L•••/S••••• S•••••• D••• | D•••••• D••• T••• L••• | 9.48% ( 0.75% | $148,491 | $93,066 67c | 9.48% PIK 5.75% |
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 $3.8M | 98c | 9.48% PIK 5.75% | Jul 26, 2030 | 1 |
| first lien revolver first lien | at least $784,891 | 98c | 11.50% PIK 4.75% | Jul 26, 2030 | 1 |
| first lien delayed draw term loan first lien | at least $148,491 | 67c | 9.48% PIK 5.75% | Jul 26, 2030 | 1 |
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 | $4.8M | $4.6M | 97c | 3 |
| Mar 31, 2026 | 1 | $4.6M | $4.4M | 97c | 3 |
| Dec 31, 2025 | 1 | $9.1M | $8.9M | 98c | 6 |
| Sep 30, 2025 | 1 | $4.4M | $4.3M | 98c | 0 |
All 8 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $4.2M | $4.1M | 98c | 0 |
| Mar 31, 2025 | 1 | $4.1M | $4.0M | 98c | 0 |
| Dec 31, 2024 | 1 | $3.7M | $3.6M | 100c | 0 |
| Sep 30, 2024 | 1 | $3.7M | $3.6M | 100c | 0 |
What changed
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- PIK interest appearsDec 31, 2025
- Spread changed (observed)Dec 31, 2025
- PIK interest appearsDec 31, 2025
Full timeline · 14 eventsShow fewer
- Spread changed (observed)Dec 31, 2025
- PIK interest appearsDec 31, 2025
- Spread changed (observed)Dec 31, 2025
- PIK interest appearsDec 31, 2025
- PIK interest appearsDec 31, 2025
- PIK interest appearsDec 31, 2025
- Marked down across lendersJun 30, 2025
- Marked down (one lender)Jun 30, 2025
- New borrower on a BDC scheduleSep 30, 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
- MAGAYAderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Air Freight & Logisticsreportedas one filer wrote it