Indemnification, Guarantees, Commitments and Contingencies

3 Months Ended

Sep. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Indemnification, Guarantees, Commitments and Contingencies

Note 6. Indemnification, Guarantees, Commitments and Contingencies

In the normal course of business, the Company enters into contracts that provide a variety of representations and warranties and general indemnifications. Such contracts include those with certain service providers, brokers and trading counterparties. Any exposure to the Company under these arrangements is unknown as it would involve future claims that may be made against the Company; however, based on the Company’s experience, the risk of loss is remote and no such claims are expected to occur. As such, the Company has not accrued any liability in connection with such indemnifications.

The Company’s board of directors declared the following quarterly distributions during the three months ended September 30, 2023:


Declared	Ex-Date	Record Date	Pay Date	Amount	Fiscal Quarter
September 14, 2023	October 11, 2023	October 12, 2023	November 2, 2023	$0.1500	1st 2024

Loans purchased by the Company may include revolving credit agreements or other financing commitments obligating the Company to advance additional amounts on demand. The Company generally sets aside sufficient liquid assets to cover its unfunded commitments, if any.

The following table details the Company’s unfunded commitments to portfolio companies as of September 30, 2023:


Investments	Unfunded Commitment		Fair Value		Annual Non-use Fee	Expiration Date
1888 Industrial Services, LLC – Revolver	$	210,033	$	—	0.50%	8/31/24
Amerequip, LLC – Revolver		967,742		—	0.50%	8/31/27
Arborworks Acquisition LLC – Revolver		8,363		—	0.50%	11/9/26
Archer Systems, LLC – Revolver		603,175		—	0.50%	8/11/27
Evergreen North America Acquisitions, LLC – Revolver		276,064		—	0.50%	8/13/26
Flatworld Intermediate Corporation – Revolver		567,568		—	0.50%	10/1/27
NWN Parent Holdings LLC – Revolver		1,200,000		—	0.50%	5/7/26
South Coast Terminals LLC – Revolver		967,742		—	0.50%	12/10/26
Xenon Arc, Inc. – Revolver		680,000		—	0.50%	12/17/26
Total Unfunded Commitments	$	5,480,687	$	—

The following table details the Company’s unfunded commitments to portfolio companies as of June 30, 2023:


Investments	Unfunded Commitment		Fair Value		Annual Non-use Fee	Expiration Date
1888 Industrial Services, LLC – Revolver	$	186,990	$	—	0.50%	8/31/24
Amerequip, LLC – Revolver		967,742		—	0.50%	8/31/27
Arborworks Acquisition LLC – Revolver		554,947		—	0.50%	11/9/26
Archer Systems, LLC – Revolver		603,175		—	0.50%	8/11/27
Evergreen North America Acquisitions, LLC – Revolver		276,064		—	0.50%	8/13/26
Flatworld Intermediate Corporation – Revolver		567,567		—	0.50%	10/1/27
NWN Parent Holdings LLC – Revolver		800,000		—	0.50%	5/7/26
South Coast Terminals LLC – Revolver		967,742		—	0.50%	12/10/26
Xenon Arc, Inc. – Revolver		746,667		—	0.50%	12/17/26
Total Unfunded Commitments	$	5,670,894	$	—