DFX Intelligence
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Borrower
M••• I••
group grade Aoff every schedule since Jul 31, 2024sponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 100¢ · 100¢Q1 2024 to Q3 2024
Principal held
at least $1.8M
sum of BDC pieces, a lower bound
Fair value
$1.8M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Mar 31, 2024
latest Jul 31, 2024
Events
2
dated, non-routine
Lender marks
each lender's own fair value over cost at Jul 31, 2024, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| N••••• C•••••••• P•••••• C••••• F••• | $1.76M | 100¢ | new this quarter |
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| N••••• C•••••••• P•••••• C••••• F••• | unstated lien unstated | $1.8M | $1.8M 100c | S+400 bp |
Capital structure as the BDCs see it
latest quarter end Jul 31, 2024
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated exited Jul 31, 2024 | at least $1.8M | 100c | S+400 bp | unstated | 2 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jul 31, 2024 | 1 | $1.8M | $1.8M | 100c | 0 |
| Jun 30, 2024 | 1 | $8.0M | $8.0M | 100c | 0 |
| Mar 31, 2024 | 1 | $8.0M | $8.0M | 100c | 0 |
What changed
- Facility left every BDC scheduleJul 31, 2024
- Lender left a facilityJun 30, 2024
- New borrower on a BDC scheduleMar 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
- M•••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived