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Borrower

F••••••••• B••••••• M••••••••• I••

group grade Aoff every schedule since Dec 31, 2025sponsor unattributed
Also written as: F••••••••• B••••••• M•••••••• Holding Company, LLC; Inc. 2025; Inc. Emerald JV LP; Inc. Verdelite JV LP

Nothing material in the last 200 days. No dated change on record yet.

Mark path, consensus per quarter end
Q4 2024: 99¢Q1 2025: 95¢Q2 2025: 100¢Q3 2025: 102¢99¢ · 95¢ · 100¢ · 102¢Q4 2024 to Q3 2025
Principal held
at least $0
sum of BDC pieces, a lower bound
Fair value
$0
n/a on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
11
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Dec 31, 2025
Events
5
dated, non-routine
Lender marks
each lender's own fair value over cost at Dec 31, 2025, folded to one row per lender
LenderExposureCurrent markQoQ change
B•••••• P•••••• C••••• C•••no principal filedno cost filedno comparable mark
Every BDC piece · 1 position across 1 lenderlargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
B•••••• P•••••• C••••• C•••term loan first lien
F•••• L••• S••••• S•••••• T••• L•••
$0$0
0c
S+400 bp
Capital structure as the BDCs see it
latest quarter end Dec 31, 2025
FacilityHeldOn costPricingMaturityBDCs
other lien unstated
exited Sep 30, 2025
at least $12.8M101cS+400 bpJan 29, 20312
first lien term loan first lien
exited Dec 31, 2025
at least $0n/aS+400 bpunstated1
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Dec 31, 20251$0$00c0
Sep 30, 202510$91.0M$91.2M102c0
Jun 30, 20259$103M$102M100c0
Mar 31, 20258$110M$103M95c0
All 15 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Dec 31, 20248$161M$159M99c0
Sep 30, 20247$109M$106M98c0
Jun 30, 20246$79.4M$78.8M100c0
Mar 31, 20246$76.0M$76.3M101c0
Dec 31, 20232$36.5M$36.4M102c0
Sep 30, 20232$24.3M$24.1M101c0
Jun 30, 20232$22.2M$21.2M100c0
Mar 31, 20231$14.9M$14.5M99c0
Dec 31, 20221$41.2M$39.1M97c0
Sep 30, 20221$34.3M$31.0M92c0
Dec 31, 20211$5.0M$4.9M100c0
What changed
Full timeline · 23 events
Every change including routine ones
Identity
Group key
F••••••••• B••••••• M••••••••derivedthe codename stem after legal suffixes and deal words
Spellings
2 across 11 BDCsderived