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
A••••••• A••••••••• C•••••••••
group grade Aon a schedule nowsponsor unattributed
Also written as: Non-accrual status
What matters now
- 1 of 1 lenderon non-accrual
Non-accrual at 1 of 1 lender on the latest schedules, first placed in Q3 2023.
since Q3 2023 · Interest has stopped accruing; the lenders no longer expect to be paid in full.
FactBDC schedules of investments, 30 Jun 2026For restructuring advisers, special situations funds, the lenders' LPsSee every lender → - 59¢ → 54¢consensus mark
Consensus mark 54¢ on cost, down from 59¢ a year ago, 54¢ last quarter.
Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.
Derived1 of 1 lender' own marks, weighted by principal - $70.7Mprincipal outstanding
$70.7M principal held by 1 lender; matures Sep 2027.
Q2 2026 · Refinancing is due in 11 months at a 54¢ mark.
FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
Mark path, consensus per quarter end
59¢ · 59¢ · 59¢ · 54¢ · 54¢Q2 2025 to Q2 2026
Principal held
at least $70.7M
sum of BDC pieces, a lower bound
Fair value
$16.0M
51c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
2
1 equity pieces beside them
Next maturity
Sep 1, 2027
$39.3M inside 24 months
On the tape since
Mar 31, 2021
latest Jun 30, 2026
Events
25
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••• | $70.7M | 54¢ | 0 pts |
Every BDC piece · 6 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| N•• M••••••• F•••••• C••• | term loan first lien F•••• lien | $31.4M | Not disclosed | S+50 bp |
| N•• M••••••• F•••••• C••• | term loan first lien F•••• lien 1 | $29.9M | $16.0M 54c | S+50 bp PIK 6.75% |
| N•• M••••••• F•••••• C••• | subordinated debt unsecured or subordinated S••••••••• | $5.2M | $0 | 4.84% PIK 1.00% |
| N•• M••••••• F•••••• C••• | term loan first lien F•••• lien - U•••••• | $2.7M | $0 | S+50 bp |
| N•• M••••••• F•••••• C••• | term loan first lien F•••• lien 2 | $1.5M | $0 0c | S+50 bp PIK 14.50% |
View all 6 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| N•• M••••••• F•••••• C••• | unstated lien unstated | Not disclosed | Not disclosed |
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 $65.5M | 51c | S+50 bp PIK 14.50% | Sep 1, 2027 | 1 |
| unsecured or subordinated subordinated debt unsecured or subordinated | at least $5.2M | n/a | 4.84% PIK 1.00% | Sep 1, 2027 | 1 |
Equity pieces beside the debt: other (Not disclosed fair value, 1 BDC)
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 | $70.7M | $16.0M | 51c | 3 |
| Mar 31, 2026 | 1 | $70.7M | $16.0M | 51c | 3 |
| Dec 31, 2025 | 1 | $39.3M | $18.0M | 57c | 3 |
| Sep 30, 2025 | 1 | $70.7M | $18.0M | 57c | 3 |
All 19 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $70.7M | $18.0M | 57c | 3 |
| Mar 31, 2025 | 1 | $70.7M | $18.0M | 57c | 3 |
| Dec 31, 2024 | 1 | $78.6M | $36.0M | 57c | 6 |
| Sep 30, 2024 | 1 | $70.7M | $18.0M | 57c | 3 |
| Jun 30, 2024 | 1 | $70.7M | $20.0M | 64c | 3 |
| Mar 31, 2024 | 1 | $70.7M | $20.4M | 65c | 3 |
| Dec 31, 2023 | 1 | $107M | $41.2M | 66c | 6 |
| Sep 30, 2023 | 1 | $107M | $20.6M | 66c | 3 |
| Jun 30, 2023 | 1 | $70.4M | $20.4M | 65c | 2 |
| Mar 31, 2023 | 1 | $69.4M | $21.8M | 71c | 2 |
| Dec 31, 2022 | 1 | $68.6M | $20.6M | 68c | 3 |
| Sep 30, 2022 | 1 | $67.9M | $20.3M | 68c | 2 |
| Dec 31, 2021 | 1 | $37.0M | $17.4M | 60c | 2 |
| Sep 30, 2021 | 1 | $27.0M | $0 | n/a | 0 |
| Mar 31, 2021 | 1 | $10.5M | $0 | n/a | 0 |
What changed
- Maturity approachingSep 1, 2027
- Maturity approachingSep 1, 2027
- Maturity approachingSep 1, 2027
- Maturity approachingSep 1, 2027
- Marked down across lendersMar 31, 2026
Full timeline · 30 eventsShow fewer
- Marked down (one lender)Mar 31, 2026
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- PIK interest increasedSep 30, 2025
- Spread changed (observed)Sep 30, 2025
- PIK interest increasedSep 30, 2025
- Spread changed (observed)Jun 30, 2025
- Spread increasedJun 30, 2025
- Spread changed (observed)Sep 30, 2024
- Marked down across lendersSep 30, 2024
- PIK interest increasedSep 30, 2024
- Marked down (one lender)Sep 30, 2024
- PIK interest increasedSep 30, 2024
- Spread changed (observed)Jun 30, 2024
- Spread increasedJun 30, 2024
- Spread changed (observed)Dec 31, 2023
- PIK interest increasedDec 31, 2023
- PIK interest increasedDec 31, 2023
- Spread changed (observed)Sep 30, 2023
- non accrual placedSep 30, 2023
- Marked down across lendersJun 30, 2023
- Spread changed (observed)Jun 30, 2023
- Marked down (one lender)Jun 30, 2023
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- A••••••• A•••••••••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived