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
M••• S•••••• B••
Hotels, Restaurants & Leisuregroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $19.6M
sum of BDC pieces, a lower bound
Fair value
$21.7M
105c on cost, debt pieces
Unfunded
$85,000
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
4
1 equity pieces beside them
Next maturity
Sep 14, 2029
no dated debt inside 24 months
On the tape since
Sep 30, 2024
latest Jun 30, 2026
Events
3
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 $19.6M | 105c | SOFR+900 bp | Sep 14, 2029 | 1 |
| delayed draw term loan lien unstated | unknown | n/a | unstated | 1 | |
| other lien unstated exited Mar 31, 2025 | at least $16.7M | 103c | SOFR+900 bp | Sep 14, 2029 | 1 |
| revolver lien unstated exited Dec 31, 2024 | unknown | n/a | unstated | 1 |
Equity pieces beside the debt: equity ($2.1M fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| V•••• C••••• S•••••••• L•••••• C•••• | equity equity Equity Maturity Date 9/16/2029 | n/a | $2.1M 161c | |
| V•••• C••••• S•••••••• L•••••• C•••• | term loan first lien First-Lien Debt Reference Rate and Spread SOFR + 9.00% Interest Rate 12.67% Maturity Date | $19.6M | $19.6M 105c | SOFR+900 bp |
| V•••• C••••• S•••••••• L•••••• C•••• | delayed draw term loan lien unstated Commitment Type Delayed Draw Commitment Expiration Date 9/14/2029 | n/a | n/a |
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 | $19.6M | $19.6M | 105c | 0 |
| Mar 31, 2026 | 1 | $19.0M | $19.0M | 106c | 0 |
| Dec 31, 2025 | 1 | $18.4M | $18.4M | 106c | 0 |
| Sep 30, 2025 | 1 | $17.8M | $17.6M | 105c | 0 |
| Jun 30, 2025 | 1 | $17.3M | $16.9M | 105c | 0 |
| Mar 31, 2025 | 1 | $16.7M | $16.0M | 103c | 0 |
| Dec 31, 2024 | 1 | $48.5M | $45.2M | 101c | 0 |
| Sep 30, 2024 | 1 | $7.9M | $6.6M | 100c | 0 |
What changed
- Facility left every BDC scheduleMar 31, 2025
- Facility left every BDC scheduleDec 31, 2024
- New borrower on a BDC scheduleSep 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
- MEWS SYSTEMSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Hotels, Restaurants & Leisurereportedas one filer wrote it