DFX Intelligence
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Borrower
I••••• I••
Services: Businessgroup grade Aon a schedule nowsponsor unattributed
Also written as: Athenahealth Group; Emerald JV LP; Inc. 1 W. 4th St; Inc. 1 WI••••; Inc. First and; MH Sub I, LLC; NC 27101; Perforce Software
Principal held
at least $145M
sum of BDC pieces, a lower bound
Fair value
$128M
89c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
16
9 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Oct 30, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2021
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 $119M | 89c | SOFR+450 bp | Oct 30, 2031 | 12 |
| other lien unstated | at least $25.8M | 88c | S+450 bp | Oct 30, 2031 | 2 |
| second lien term loan second lien exited Jun 30, 2025 | at least $2.2M | 101c | SOFR+450 bp | Oct 30, 2031 | 3 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A•••• C••••• B•• I••• | term loan first lien Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest R••• 8.23% Acquisition D | $491,281 | $487,597 100c | SOFR+450 bp |
| A•••• P•••••• C••••• F•••• L•• | term loan first lien Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest R••• 8.23% Acquisition D | $2.0M | $2.0M 99c | SOFR+450 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated Non-Affiliated Issuer | $24.6M | $21.6M 88c | S+450 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $1.2M | $1.1M 88c | S+450 bp |
| G•••• E•• C•••••• C•••• | term loan first lien Industry Consumer Services Security 1st Lien, Secured Loan Interest R••• 3M SOFR + 4.50% ( | $2.5M | $2.2M 89c | SOFR+450 bp |
| M••••• C•••••• I••••• P••• C••• | term loan first lien Senior Secured Loans | $4.9M | $4.3M 88c | S+450 bp |
| M•• I••••••••• C•••• | term loan first lien First Lien Debt Reference R••• and Spread S + 4.50% Interest R••• Floor 0.00% Interest R•• | $40.7M | $35.5M 90c | SOFR+450 bp |
| O•••••• S•••••••• C••••• F••• | term loan first lien First Lien Term Loan | $32.1M | $28.3M 88c | S+450 bp |
| P••••• S••••• C•••••• B•• I••• | term loan first lien Investment First Lien Senior Secured Loan Interest R••• 8.20% (S + 4.50%) Maturity Date 10 | $9.6M | $8.4M 89c | SOFR+450 bp |
| V•••• C••••• S•••••••• L•••••• C•••• | term loan first lien First-Lien Debt Reference R••• and Spread SOFR + 4.50% Interest R••• 8.20% Maturity Date 1 | $27.1M | $23.9M 88c | SOFR+450 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 | 9 | $145M | $128M | 89c | 0 |
| Mar 31, 2026 | 9 | $153M | $148M | 97c | 0 |
| Dec 31, 2025 | 9 | $179M | $177M | 99c | 0 |
| Sep 30, 2025 | 8 | $164M | $164M | 100c | 0 |
| Jun 30, 2025 | 8 | $127M | $128M | 101c | 0 |
| Mar 31, 2025 | 8 | $127M | $127M | 101c | 0 |
| Dec 31, 2024 | 9 | $182M | $183M | 101c | 0 |
| Sep 30, 2024 | 6 | $102M | $102M | 102c | 0 |
| Jun 30, 2024 | 4 | $92.5M | $92.7M | 102c | 0 |
| Mar 31, 2024 | 4 | $92.8M | $92.9M | 103c | 0 |
| Dec 31, 2023 | 6 | $106M | $104M | 102c | 0 |
| Sep 30, 2023 | 5 | $61.5M | $60.9M | 103c | 0 |
| Jun 30, 2023 | 5 | $94.1M | $91.2M | 101c | 0 |
| Mar 31, 2023 | 3 | $58.7M | $56.9M | 97c | 0 |
| Dec 31, 2022 | 2 | $68.3M | $63.1M | 93c | 0 |
| Sep 30, 2022 | 2 | $72.5M | $69.6M | 97c | 0 |
| Jun 30, 2022 | 1 | $500,000 | $501,250 | 101c | 0 |
| Dec 31, 2021 | 2 | $44.3M | $44.3M | 100c | 0 |
What changed
- Marked down across lendersJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- New lender joined a facilityDec 31, 2025
- Maturity shortened (observed)Dec 31, 2025
- New lender joined a facilitySep 30, 2025
- Spread changed (observed)Jun 30, 2025
- Facility left every BDC scheduleJun 30, 2025
- Spread changed (observed)Jun 30, 2025
- Lender left a facilityMar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Maturity extended (observed)Dec 31, 2024
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- Lender left a facilityDec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- New lender joined a facilityDec 31, 2024
- Lender left a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Sep 30, 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
- INMARderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 16 BDCsderived
- Industry
- Services: Businessreportedas one filer wrote it