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

M•• A••••••••• I••

Mediagroup grade Aon a schedule nowsponsor unattributed
Also written as: Inc. 1; Inc. One

What matters now

  1. 1 of 4 lenders
    on non-accrual

    Non-accrual at 1 of 4 lenders on the latest schedules.

    since Q2 2026 · 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
  2. 88¢ → 67¢
    consensus mark

    Consensus mark 67¢ on cost, down from 88¢ a year ago, 78¢ last quarter.

    Q2 2026 · The lenders' own valuations, the most direct read of what they expect to recover.

    Derived4 of 4 lenders' own marks, weighted by principal
  3. 19 pts
    56¢ to 75¢

    Lenders disagree by 19 points: N••••• C•••••••• D••••• L•••••• C•••• 56¢ to B•• I••••••••• C••• 75¢.

    Q2 2026 · Holders value the same loan differently, so a position could trade between them.

    Derivedeach lender's own fair value over costFor secondary buyers, special situations fundsLender marks
  4. $38.7M
    principal outstanding

    $38.7M principal held by 4 lenders; matures Dec 2026.

    Q2 2026 · Refinancing is due in 3 months at a 67¢ mark.

    FactBDC schedules of investments, 30 Jun 2026; a sum of the BDCs' pieces, a lower bound
  5. 75¢ → 56¢
    -19 pts, one lender

    N••••• C•••••••• D••••• L•••••• C•••• marked it 75¢ → 56¢, the largest move among 4 lenders this quarter.

    Q2 2026 · One holder repriced far more than the rest.

    FactN••••• C•••••••• D••••• L•••••• C•••• schedule of investmentsOpen the lender
Mark path, consensus per quarter end
Q2 2025: 88¢Q3 2025: 88¢Q4 2025: 84¢Q1 2026: 78¢Q2 2026: 67¢88¢ · 88¢ · 84¢ · 78¢ · 67¢Q2 2025 to Q2 2026
Where each lender marks it, 19 points apart
56¢Consensus: 67¢A• P•••••• C••••• I•••••••• C•••: 70¢N••••• C•••••••• D••••• L•••••• C••••: 56¢B•• I••••••••• C•••: 75¢B• P••••••• L•••••• C•••: 75¢75¢
Principal held
at least $38.7M
sum of BDC pieces, a lower bound
Fair value
$25.9M
67c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
8
4 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Dec 9, 2026
$38.7M inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2026
Events
36
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
Every BDC piece · 10 positions across 4 lenderslargest principal first, with instrument and rate
BDCInstrumentPrincipalFair valueRate
B•• I••••••••• C•••term loan first lien
F•••• L•••/S••••• S•••••• D••• I••••••• R••• 9.67% R•••••••• R••• and S••••• S••• + 6.00%
$10.0M$7.4M
75c
SOFR+600 bp
A• P•••••• C••••• I•••••••• C•••term loan first lien
US C•••••••• D••• | 1st L•••/S••••• S•••••• D••• | T••• L••• | 12/9/2026
$8.4M$5.8M
69c
SOFR+600 bp
N••••• C•••••••• D••••• L•••••• C••••term loan first lien
F•••• L••• D•••
$8.2M$4.6M
56c
S+600 bp
A• P•••••• C••••• I•••••••• C•••delayed draw term loan first lien
US C•••••••• D••• | 1st L•••/S••••• S•••••• D••• | D•••••• D••• T••• L••• | 12/9/2026
$3.1M$2.1M
69c
SOFR+600 bp
N••••• C•••••••• D••••• L•••••• C••••delayed draw term loan first lien
F•••• L••• D••• (D•••••• D•••) 1
$2.9M$1.6M
56c
S+600 bp
View all 10 positionslargest principal first
BDCInstrumentPrincipalFair valueRate
B• P••••••• L•••••• C•••term loan first lien
S••••• S•••••• L••• I••••••• R••• 9.73% R•••••••• R••• and S••••• S + 6.00% F•••• 1.00% M•
$2.8M$2.1M
75c
SOFR+600 bp
A• P•••••• C••••• I•••••••• C•••revolver first lien
US C•••••••• D••• | 1st L•••/S••••• S•••••• D••• | R••••••• | 12/9/2026
$1.3M$884,831
71c
SOFR+600 bp
B• P••••••• L•••••• C•••term loan first lien
S••••• S•••••• L••• I••••••• R••• 9.73% R•••••••• R••• and S••••• S + 6.00% F•••• 1.00% M•
$1.2M$877,000
75c
SOFR+600 bp
N••••• C•••••••• D••••• L•••••• C••••delayed draw term loan first lien
F•••• L••• D••• (D•••••• D•••) 2
$448,000$248,000
56c
S+600 bp
A• P•••••• C••••• I•••••••• C•••delayed draw term loan first lien
US C•••••••• D••• | 1st L•••/S••••• S•••••• D••• | D•••••• D••• T••• L••• | 12/9/2026 | On
$374,890$258,674
69c
SOFR+600 bp
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $30.6M68cSOFR+600 bpDec 9, 20264
first lien delayed draw term loan first lienat least $6.8M63cSOFR+600 bpDec 9, 20262
first lien revolver first lienat least $1.3M71cSOFR+600 bpDec 9, 20261
other lien unstated
exited Sep 30, 2025
at least $11.7M88cS+600 bpDec 9, 20265
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20264$38.7M$25.9M67c0
Mar 31, 20264$38.7M$30.0M78c0
Dec 31, 20254$55.9M$46.7M84c0
Sep 30, 20254$38.7M$33.9M88c5
All 15 quarters
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20254$38.6M$34.0M88c5
Mar 31, 20254$38.4M$34.5M90c6
Dec 31, 20244$93.2M$83.4M90c0
Sep 30, 20243$26.8M$24.4M92c3
Jun 30, 20243$26.7M$24.7M93c3
Mar 31, 20242$16.6M$15.2M92c0
Dec 31, 20233$29.8M$27.8M94c5
Sep 30, 20232$16.6M$15.6M95c0
Jun 30, 20231$3.9M$3.8M97c0
Mar 31, 20231$3,911$3,80498c0
Dec 31, 20226$90.8M$86.4M97c0
What changed
Full timeline · 30 events
Every change including routine ones
Identity
Group key
MSM ACQUISITIONderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 8 BDCsderived
Industry
Mediareportedas one filer wrote it