DFX Intelligence
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Borrower
M•••• M•••••• H•••••• C•••
Softwaregroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $21.3M
sum of BDC pieces, a lower bound
Fair value
$19.4M
91c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Dec 31, 2026
$21.3M inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
9
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 $21.3M | 91c | PIK 6.25% | Dec 31, 2026 | 1 |
| first lien revolver first lien exited Dec 31, 2023 | at least $3.1M | 100c | S+615 bp | Feb 14, 2024 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• F•••••••• I••••••••• C••• | term loan first lien F•••• L••• S•••••• D••• - T••• L••• S•••+625 PIK, 0.50% F•••• M••••••• D••• 12/31/26 | $21.3M | $19.4M 91c | PIK 6.25% |
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 | $21.3M | $19.4M | 91c | 1 |
| Mar 31, 2026 | 1 | $20.7M | $19.6M | 95c | 0 |
| Dec 31, 2025 | 1 | $20.7M | $20.3M | 98c | 0 |
| Sep 30, 2025 | 1 | $20.7M | $20.3M | 98c | 0 |
| Jun 30, 2025 | 1 | $20.7M | $20.3M | 98c | 0 |
| Mar 31, 2025 | 1 | $18.7M | $18.4M | 98c | 0 |
| Dec 31, 2024 | 1 | $18.7M | $18.3M | 98c | 0 |
| Sep 30, 2024 | 1 | $18.7M | $18.7M | 100c | 0 |
| Jun 30, 2024 | 1 | $18.8M | $18.7M | 99c | 0 |
| Mar 31, 2024 | 1 | $18.8M | $18.7M | 99c | 0 |
| Dec 31, 2023 | 1 | $22.0M | $21.9M | 100c | 0 |
| Sep 30, 2023 | 1 | $22.1M | $22.0M | 100c | 0 |
| Jun 30, 2023 | 1 | $22.1M | $21.9M | 99c | 0 |
| Mar 31, 2023 | 1 | $19.0M | $18.8M | n/a | 0 |
| Dec 31, 2022 | 1 | $63.4M | $62.8M | 153c | 0 |
What changed
- Maturity approachingDec 31, 2026
- Maturity approachingDec 31, 2026
- Maturity approachingDec 31, 2026
- PIK interest appearsJun 30, 2026
- PIK interest appearsJun 30, 2026
- Spread changed (observed)Sep 30, 2025
- Spread changed (observed)Jun 30, 2025
- Spread increasedJun 30, 2025
- Maturity extended (observed)Mar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Facility left every BDC scheduleDec 31, 2023
- New borrower on a BDC scheduleDec 31, 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
- M•••• MAGNATEderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Softwarereportedas one filer wrote it