DFX Intelligence
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Borrower
F• • M• B•••• L••• • M• B•••• L••
Softwaregroup grade Aoff every schedule since Jun 30, 2025sponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Principal held
at least $3.4M
sum of BDC pieces, a lower bound
Fair value
$3.3M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Mar 18, 2032
no dated debt inside 24 months
On the tape since
Jun 30, 2025
latest Jun 30, 2025
Events
4
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2025, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| M••••• A••••• I••••••••• P•••••• L•••••• | $3.38M | 100¢ | new this quarter |
Every BDC piece · 3 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| M••••• A••••• I••••••••• P•••••• L•••••• | term loan first lien F•••• L••• S•••••• D••• – T••• L••• S+475, 0.75% F•••• M••••••• D••• 3/18/2032 | $3.4M | $3.3M 100c | SOFR+475 bp |
| M••••• A••••• I••••••••• P•••••• L•••••• | delayed draw term loan first lien F•••• L••• S•••••• D••• – D•••••• D••• S+475, 0.75% F•••• M••••••• D••• 3/18/2032 | Not disclosed | -$11,000 220c | SOFR+475 bp |
| M••••• A••••• I••••••••• P•••••• L•••••• | revolver first lien F•••• L••• S•••••• D••• – R••••••• S+475, 0.75% F•••• M••••••• D••• 3/18/2032 | Not disclosed | -$5,000 100c | SOFR+475 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2025
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien exited Jun 30, 2025 | at least $3.4M | 100c | SOFR+475 bp | Mar 18, 2032 | 1 |
| first lien revolver first lien exited Jun 30, 2025 | unknown | n/a | SOFR+475 bp | Mar 18, 2032 | 1 |
| first lien delayed draw term loan first lien exited Jun 30, 2025 | unknown | n/a | SOFR+475 bp | Mar 18, 2032 | 1 |
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, 2025 | 1 | $3.4M | $3.3M | 100c | 0 |
What changed
- New borrower on a BDC scheduleJun 30, 2025
- Facility left every BDC scheduleJun 30, 2025
- Facility left every BDC scheduleJun 30, 2025
- Facility left every BDC scheduleJun 30, 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
- F AND M L••• ANDderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Softwarereportedas one filer wrote it