DFX Intelligence
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Borrower
U••••• G••••• S•••••••• I••
Also written as: 2021; Class B; First Lein; Inc - Series B Senior; Inc - Series B Super Senior; Inc. - Super Senior; Junior; Secured Convertible Debt January 01
Nothing material in the last 200 days. No dated change on record yet.
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
$191M
n/a on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
5
3 on the latest quarter
Facilities
4
3 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2020
latest Jun 30, 2026
Events
10
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 |
|---|---|---|---|
| N•• M••••••• F•••••• C••• | no principal filed | no cost filed | new this quarter |
Every BDC piece · 17 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••• S••••• C•••••• C••• | preferred equity equity P•••••••• S•••• 3 | Not disclosed | $0 0c | 13.50% PIK 13.50% |
| M••• S••••• C•••••• C••• | preferred equity equity P•••••••• S•••• 2 | Not disclosed | $0 0c | 19.00% PIK 19.00% |
| M••• S••••• C•••••• C••• | preferred equity equity P•••••••• S•••• 1 | Not disclosed | $11.2M 133c | 20.00% PIK 20.00% |
| M••• S••••• C•••••• C••• | equity equity C••••• S•••• | Not disclosed | $0 | |
| N•• M••••••• F•••••• C••• | preferred equity equity P•••••••• S••••• 1 | Not disclosed | $71.1M 105c | 20.00% PIK 20.00% |
View all 17 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| N•• M••••••• F•••••• C••• | preferred equity equity P•••••••• S••••• 2 | Not disclosed | $18.4M 63c | |
| N•• M••••••• F•••••• C••• | preferred equity equity P•••••••• S••••• 3 | Not disclosed | $0 0c | |
| N•• M••••••• F•••••• C••• | preferred equity equity P•••••••• S••••• 5 | Not disclosed | $0 | |
| N•• M••••••• F•••••• C••• | unstated lien unstated | Not disclosed | $89.5M | |
| N•• M••••••• F•••••• C••• | equity equity O••••••• S••••• 1 | Not disclosed | $0 0c | |
| N•• M••••••• F•••••• C••• | equity equity O••••••• S••••• 2 | Not disclosed | $0 0c | |
| N•• M••••••• F•••••• C••• | preferred equity equity P•••••••• S••••• 4 | Not disclosed | $0 0c | |
| P••••••••• F••••••• R••• C•••••• L••• | preferred equity equity P•••••••• Equity P•••••••• Equity A••••••••• 1/13/2015 I••••••• T••••••••• C•••••• C••••• | Not disclosed | $0 0c | |
| P••••••••• F••••••• R••• C•••••• L••• | equity equity C••••• Equity C••••• Equity A••••••••• 8/25/2021 I••••••• T••••••••• | Not disclosed | $0 | |
| P••••••••• F••••••• R••• C•••••• L••• | preferred equity equity P•••••••• Equity P•••••••• Equity A••••••••• 1/13/2015 I••••••• T••••••••• C•••••• C••••• | Not disclosed | $833,000 258c | |
| P••••••••• F••••••• R••• C•••••• L••• | preferred equity equity P•••••••• Equity P•••••••• Equity A••••••••• 1/13/2015 I••••••• T••••••••• C•••••• C••••• | Not disclosed | $0 0c | |
| P••••••••• F••••••• R••• C•••••• L••• | warrants equity C••••• Equity W••••••• A••••••••• 6/27/2022 I••••••• T••••••••• | Not disclosed | $0 |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated | unknown | n/a | unstated | 2 | |
| second lien term loan second lien exited Dec 31, 2024 | at least $45.1M | 99c | 15.00% PIK 15.00% | Jun 1, 2028 | 1 |
| term loan lien unstated exited Dec 31, 2024 | at least $8.0M | 174c | 15.00% PIK 15.00% | Jun 30, 2028 | 1 |
| first lien term loan first lien exited Dec 31, 2023 | unknown | n/a | unstated | 2 |
Equity pieces beside the debt: equity ($0 fair value, 4 BDCs), warrants ($0 fair value, 2 BDCs), preferred equity ($102M fair value, 4 BDCs)
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 | 3 | $0 | $0 | n/a | 0 |
| Mar 31, 2026 | 3 | $0 | $0 | n/a | 0 |
| Dec 31, 2025 | 3 | $0 | $0 | n/a | 0 |
| Sep 30, 2025 | 3 | $0 | $0 | n/a | 0 |
All 20 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 3 | $0 | $0 | n/a | 0 |
| Mar 31, 2025 | 3 | $0 | $0 | n/a | 0 |
| Dec 31, 2024 | 4 | $53.0M | $61.2M | 112c | 8 |
| Sep 30, 2024 | 3 | $25.5M | $29.8M | 113c | 4 |
| Jun 30, 2024 | 3 | $23.6M | $26.8M | 113c | 4 |
| Mar 31, 2024 | 3 | $2.7M | $25.7M | 113c | 4 |
| Dec 31, 2023 | 4 | $21.9M | $24.4M | 111c | 4 |
| Sep 30, 2023 | 3 | $21.1M | $23.6M | 112c | 4 |
| Jun 30, 2023 | 3 | $20.6M | $22.2M | 108c | 3 |
| Mar 31, 2023 | 3 | $22.1M | $22.9M | 104c | 5 |
| Dec 31, 2022 | 2 | $47.6M | $48.0M | 102c | 7 |
| Sep 30, 2022 | 3 | $46.8M | $49.6M | 107c | 9 |
| Jun 30, 2022 | 1 | $0 | $2.2M | n/a | 2 |
| Mar 31, 2022 | 1 | $0 | $0 | n/a | 0 |
| Dec 31, 2021 | 2 | $43.0M | $45.1M | 107c | 10 |
| Sep 30, 2021 | 1 | $0 | $0 | n/a | 0 |
What changed
- Lender left a facilityDec 31, 2025
- Facility left every BDC scheduleDec 31, 2024
- Facility left every BDC scheduleDec 31, 2024
- New lender joined a facilityDec 31, 2024
- Marked down (one lender)Sep 30, 2024
Full timeline · 20 eventsShow fewer
- Maturity extended (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Marked down (one lender)Dec 31, 2023
- Facility left every BDC scheduleDec 31, 2023
- Mark recoveredSep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Spread changed (observed)Mar 31, 2023
- Spread increasedMar 31, 2023
- PIK interest appearsDec 31, 2022
- PIK interest appearsDec 31, 2022
- Marked down across lendersSep 30, 2022
- PIK interest increasedSep 30, 2022
- Marked down (one lender)Sep 30, 2022
- PIK interest increasedSep 30, 2022
Sponsor
- N•• M••••••• C••••••• L••
- the sponsor's own portfolio page lists a company of this nameestimatedprnewswire.com"••• Locked"
Identity
- Group key
- UNITEK SERVICESderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 5 BDCsderived
- Industry
- Telecommunicationsreportedas one filer wrote it