DFX Intelligence
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Borrower
U••• L•••• S••••••• I••
Business Servicesgroup grade Aon a schedule nowsponsor unattributed
Also written as: U••• L•••• S•••••• Investment Holdings, LLC
Principal held
at least $43.9M
sum of BDC pieces, a lower bound
Fair value
$45.4M
99c on cost, debt pieces
Unfunded
$1.8M
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
4
2 equity pieces beside them
Next maturity
May 31, 2027
$43.9M inside 24 months
On the tape since
Sep 30, 2022
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 $43.9M | 99c | S+525 bp | May 31, 2027 | 2 |
| second lien revolver second lien | unknown | n/a | unstated | 2 | |
| second lien delayed draw term loan second lien exited Sep 30, 2024 | unknown | n/a | unstated | 1 | |
| other lien unstated exited Sep 30, 2025 | unknown | 133c | unstated | 2 |
Equity pieces beside the debt: preferred equity ($951,000 fair value, 2 BDCs), equity ($951,000 fair value, 2 BDCs)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| C•••••• C••••• S••••••••• I••• | revolver second lien Investments | N••••••••• I••••• | F•••• and S••••• L••• D••• | R••••••• | n/a | n/a | |
| C•••••• C••••• S••••••••• I••• | preferred equity equity Investment | N••••••••• I••••• | C••••• and P•••••••• Equity Investments | n/a | $951,000 148c | |
| C•••••• C••••• S••••••••• I••• | term loan first lien Investment | N••••••••• I••••• | F•••• L••• D••• | $20.8M | $20.7M 99c | S+525 bp |
| C•••••• S•••••• L••••••• I••• | revolver second lien Investments | N••••••••• | F•••• and S••••• L••• D••• | R••••••• | n/a | n/a | |
| C•••••• S•••••• L••••••• I••• | equity equity Investment | N••••••••• I••••• | Equity Investments | n/a | $951,000 148c | |
| C•••••• S•••••• L••••••• I••• | term loan first lien Investment | N••••••••• I••••• | F•••• L••• D••• | $23.1M | $22.9M 99c | S+525 bp |
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 | $43.9M | $43.5M | 99c | 0 |
| Mar 31, 2026 | 2 | $43.8M | $43.6M | 100c | 0 |
| Dec 31, 2025 | 2 | $44.4M | $44.3M | 100c | 0 |
| Sep 30, 2025 | 2 | $44.1M | $43.7M | 99c | 0 |
| Jun 30, 2025 | 2 | $44.6M | $44.1M | 99c | 0 |
| Mar 31, 2025 | 2 | $44.8M | $44.1M | 99c | 0 |
| Dec 31, 2024 | 2 | $122M | $122M | 100c | 0 |
| Sep 30, 2024 | 2 | $44.8M | $44.4M | 99c | 0 |
| Jun 30, 2024 | 2 | $22.8M | $22.5M | 99c | 0 |
| Mar 31, 2024 | 2 | $44.3M | $43.7M | 99c | 0 |
| Dec 31, 2023 | 2 | $82.1M | $81.0M | 99c | 0 |
| Sep 30, 2023 | 2 | $44.1M | $43.5M | 99c | 0 |
| Jun 30, 2023 | 2 | $43.4M | $42.7M | 99c | 0 |
| Mar 31, 2023 | 2 | $44.0M | $43.2M | 99c | 0 |
| Dec 31, 2022 | 2 | $65.8M | $64.5M | 99c | 0 |
| Sep 30, 2022 | 1 | $21.7M | $21.3M | 99c | 0 |
What changed
- Maturity approachingMay 31, 2027
- Maturity approachingMay 31, 2027
- Maturity approachingMay 31, 2027
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Facility left every BDC scheduleSep 30, 2025
- Facility left every BDC scheduleSep 30, 2024
- Maturity extended (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- New borrower on a BDC scheduleSep 30, 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
- U S LEGAL SUPPORTderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 2 BDCsderived
- Industry
- Business Servicesreportedas one filer wrote it