DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
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Borrower
M•••••• E•• S••••••• L••
Health care providers and servicesgroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $29.4M
sum of BDC pieces, a lower bound
Fair value
$29.4M
123c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
4
4 on the latest quarter
Facilities
7
0 equity pieces beside them
Next maturity
Aug 20, 2027
$24.0M inside 24 months
On the tape since
Dec 31, 2023
latest Jun 30, 2026
Events
10
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 $24.0M | 100c | S+450 bp | Aug 20, 2027 | 3 |
| delayed draw term loan lien unstated | at least $4.0M | n/a | SOFR+450 bp | Aug 21, 2028 | 1 |
| term loan lien unstated | at least $725,543 | n/a | SOFR+450 bp | Aug 21, 2028 | 1 |
| revolver lien unstated | at least $704,931 | n/a | 0.00% | Aug 21, 2028 | 1 |
| first lien delayed draw term loan first lien | unknown | n/a | SOFR+475 bp | Feb 26, 2030 | 1 |
| first lien revolver first lien | unknown | n/a | SOFR+450 bp | Aug 20, 2027 | 1 |
| other lien unstated exited Dec 31, 2024 | at least $8.9M | 100c | S+450 bp | Aug 20, 2027 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A•••• C••••• B•• I••• | delayed draw term loan first lien Investment Type Senior Secured Delayed Draw Term Loan Index S+ Spread 4.75% Interest Rate | n/a | n/a | SOFR+475 bp |
| A•••• C••••• B•• I••• | revolver first lien Investment Type Senior Secured Fourth Amendment Incremental Revolving Loan Index S+ Spread | n/a | n/a | SOFR+450 bp |
| A•••• C••••• B•• I••• | delayed draw term loan first lien Investment Type Senior Secured Fourth Amendment Delayed Draw Term Loan Index S+ Spread 4.5 | n/a | n/a | SOFR+450 bp |
| M••••••• P•••••• C••••• F••• | term loan lien unstated Term Loan (3 month CME Term SOFR + 4.500%) | Senior loans 238.6% | $725,543 | $725,543 | SOFR+450 bp |
| M••••••• P•••••• C••••• F••• | delayed draw term loan lien unstated Delayed Draw Term Loan A (3 month CME Term SOFR + 4.500%) | Senior loans 238.8% | $1.2M | $1.2M | SOFR+450 bp |
| M••••••• P•••••• C••••• F••• | revolver lien unstated Revolver | Senior loans 238.6% | $704,931 | $704,931 | 0.00% |
| M••••••• P•••••• C••••• F••• | delayed draw term loan lien unstated Delayed Draw Term Loan B (3 month CME Term SOFR + 4.500%) | Senior loans 238.6% | $2.8M | $2.8M | SOFR+450 bp |
| N••••• C•••••••• D••••• L•••••• C•••• | term loan first lien First Lien Debt | $8.8M | $8.8M 100c | S+450 bp |
| N••••• C•••••••• P•••••• C•••••• I••••• F••• | term loan first lien First Lien Debt | $15.2M | $15.2M 100c | S+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 | 4 | $29.4M | $29.4M | 123c | 0 |
| Mar 31, 2026 | 3 | $14.3M | $14.3M | 162c | 0 |
| Dec 31, 2025 | 3 | $14.3M | $14.3M | 162c | 0 |
| Sep 30, 2025 | 3 | $14.8M | $14.7M | 159c | 0 |
| Jun 30, 2025 | 3 | $14.6M | $14.6M | 160c | 0 |
| Mar 31, 2025 | 3 | $14.6M | $14.5M | 161c | 0 |
| Dec 31, 2024 | 3 | $34.3M | $34.4M | 194c | 0 |
| Sep 30, 2024 | 2 | $11.1M | $11.1M | 124c | 0 |
| Jun 30, 2024 | 1 | $2.1M | $2.1M | n/a | 0 |
| Mar 31, 2024 | 1 | $2.1M | $2.1M | n/a | 0 |
| Dec 31, 2023 | 2 | $4.3M | $4.2M | n/a | 0 |
What changed
- Maturity approachingAug 20, 2027
- Maturity approachingAug 20, 2027
- Maturity approachingAug 20, 2027
- Maturity approachingAug 20, 2027
- New lender joined a facilityJun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Dec 31, 2025
- Lender left a facilityDec 31, 2025
- Maturity extended (observed)Dec 31, 2025
- Facility left every BDC scheduleDec 31, 2024
- New lender joined a facilityDec 31, 2024
- New borrower on a BDC scheduleDec 31, 2023
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- MIDWEST EYE SERVICESderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived
- Industry
- Health care providers and servicesreportedas one filer wrote it