DFX Intelligence
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Borrower
A••• C•••
Health Care Providers & Servicesgroup grade Aon a schedule nowsponsor unattributed
Also written as: Emerald JV LP; Verdelite JV LP
Principal held
at least $2.8M
sum of BDC pieces, a lower bound
Fair value
$2.6M
96c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
5
1 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Dec 23, 2027
$2.8M inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
5
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 $2.8M | 96c | S+575 bp | Dec 23, 2027 | 2 |
| first lien term loan first lien exited Dec 31, 2025 | at least $2.1M | 97c | SOFR+575 bp | Dec 31, 2027 | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| F••••••• B•• C•••••• C••• | unstated lien unstated | $2.8M | $2.6M 96c | S+575 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 | 1 | $2.8M | $2.6M | 96c | 0 |
| Mar 31, 2026 | 1 | $2.8M | $2.7M | 98c | 0 |
| Dec 31, 2025 | 2 | $4.9M | $4.7M | 98c | 0 |
| Sep 30, 2025 | 1 | $2.1M | $2.0M | 98c | 0 |
| Jun 30, 2025 | 1 | $1.6M | $1.5M | 98c | 0 |
| Dec 31, 2024 | 1 | $3.0M | $3.0M | 100c | 0 |
| Sep 30, 2024 | 1 | $9.0M | $8.8M | 98c | 0 |
| Jun 30, 2024 | 1 | $44.7M | $43.9M | 99c | 0 |
| Mar 31, 2024 | 1 | $47.0M | $45.5M | 97c | 0 |
| Dec 31, 2023 | 1 | $54.3M | $51.7M | 96c | 0 |
| Sep 30, 2023 | 1 | $54.6M | $51.1M | 94c | 0 |
| Jun 30, 2023 | 1 | $54.8M | $51.3M | 95c | 0 |
| Mar 31, 2023 | 1 | $46.4M | $43.2M | 94c | 0 |
| Dec 31, 2022 | 1 | $52.5M | $47.9M | 92c | 0 |
| Sep 30, 2022 | 1 | $49.2M | $43.9M | 90c | 0 |
| Dec 31, 2021 | 1 | $15.6M | $15.6M | 100c | 0 |
What changed
- Maturity approachingDec 23, 2027
- Maturity approachingDec 23, 2027
- Facility left every BDC scheduleDec 31, 2025
- Spread increasedSep 30, 2025
- Spread changed (observed)Jun 30, 2025
- Lender left a facilitySep 30, 2024
- Maturity shortened (observed)Dec 31, 2022
- Marked down (one lender)Sep 30, 2022
- Maturity extended (observed)Sep 30, 2022
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- A•••derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 5 BDCsderived
- Industry
- Health Care Providers & Servicesreportedas one filer wrote it