DFX Intelligence
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Borrower
M••••• S•••••• R••••••••• M••••••• L••• T•••• 2••••••••
group grade Aon a schedule nowsponsor unattributed
Also written as: ABS
Principal held
at least $9.1M
sum of BDC pieces, a lower bound
Fair value
$18.4M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2025
latest Jun 30, 2026
Events
1
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated | at least $9.1M | 100c | 7.00% | unstated | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| K•• F• I••••• T•••• | unstated lien unstated | $2.1M | $2.1M 100c | 6.60% |
| K•• F• I••••• T•••• | unstated lien unstated | n/a | $652,000 103c | 0.30% |
| K•• F• I••••• T•••• | unstated lien unstated | $3.4M | $3.3M 103c | 7.00% |
| K•• F• I••••• T•••• | unstated lien unstated | n/a | $5.2M 99c | 1.80% |
| K•• F• I••••• T•••• S••••• | unstated lien unstated | $2.1M | $2.0M 103c | 7.00% |
| K•• F• I••••• T•••• S••••• | unstated lien unstated | $1.3M | $1.3M 100c | 6.60% |
| K•• F• I••••• T•••• S••••• | unstated lien unstated | n/a | $3.3M 99c | 1.80% |
| K•• F• I••••• T•••• S••••• | unstated lien unstated | n/a | $407,000 103c | 0.30% |
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 | 2 | $9.1M | $18.4M | 100c | 0 |
| Mar 31, 2026 | 2 | $9.1M | $18.7M | 98c | 0 |
| Dec 31, 2025 | 2 | $9.1M | $20.1M | 101c | 0 |
What changed
- New borrower on a BDC scheduleDec 31, 2025
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025 NQM9derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived