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Borrowings (Tables)

6 Months Ended

Mar. 31, 2024

Borrowings [Abstract]

Schedule of Debt Issuance Costs

The Company’s outstanding debt excluding debt issuance costs as of March 31, 2024 and September 30, 2023 were as follows (dollars in thousands):

		March 31, 2024																September 30, 2023
		Aggregate Principal Available(1)				Principal Amount Outstanding				Carrying Value				Fair Value				Aggregate Principal Available(1)				Principal Amount Outstanding				Carrying Value				Fair Value
2028 Notes		$	57,500			$	57,500			$	55,977			$	51,957			$	57,500			$	57,500			$	55,811			$	49,105
Revolving Credit Facility			34,058				28,442				28,442				28,442				21,558				28,442				28,442				28,442
Total debt		$	91,558			$	85,942			$	84,419			$	80,399			$	79,058			$	85,942			$	84,253			$	77,547

(1)	For the 2028 Notes, this represents the total principal amount and for the Revolving Credit Facility, this represents the undrawn principal amount.

Schedule of Consolidated Statements of Assets and Liabilities

As of March 31, 2024 and September 30, 2023, debt issuance costs related to the 2023 Notes and the 2028 Notes were as follows (dollars in thousands):

		For the six months ended												For the year ended
		March 31, 2024												September 30, 2023
		2023 Notes				2028 Notes				Total				2023 Notes				2028 Notes				Total
Total debt issuance costs at beginning of period		$	-			$	1,689			$	1,689			$	39			$	2,020			$	2,059
Amortized debt issuance costs			-				166				166				39				331				370
Unamortized debt issuance costs		$	-			$	1,523			$	1,523			$	-			$	1,689			$	1,689

Schedule of Interest Expense, Amortized Debt Issuance Costs

For the three and six months ended March 31, 2024 and 2023, the components of interest expense, amortized debt issuance costs, amortized deferred financing costs, weighted average stated interest rate and weighted average outstanding debt balance for the 2023 Notes, the 2028 Notes and the Credit Facility were as follows (dollars in thousands):

		For the Three Months Ended March 31,								For the Six Months Ended March 31,
		2024				2023				2024				2023
2023 Notes Interest		$	-			$	65				-			$	820
2028 Notes Interest			754				779				1,508				1,124
Credit facility interest			593				353				1,191				353
Commitment fees			17				-				31				-
Amortization of Credit Facility deferred financing costs			121				84				213				114
Amortization of debt issuance costs			82				101				166				204
Total		$	1,567			$	1,382				3,109			$	2,615
Weighted average stated interest rate			6.3	%			6.0	%			6.3	%			5.7	%
Weighted average debt outstanding		$	85,942			$	80,606			$	85,942			$	80,311