Indemnification, Guarantees, Commitments and Contingencies

12 Months Ended

Jun. 30, 2024

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 fiscal year:


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
November 9, 2023	December 13, 2023	December 14, 2023	January 8, 2024	$0.1500	2nd 2024
February 8, 2024	March 14, 2024	March 15, 2024	April 5, 2024	$0.1500	3rd 2024
April 12, 2024	May 25, 2024	May 26, 2024	June 14, 2024	$0.1500	4th 2024

Loans funded 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 as of June 30, 2024:


Investments	Unfunded Commitment		Fair Value		Annual Non-use Fee	Expiration Date
Arborworks Acquisition LLC – Revolver (New)		230,547		—	—	11/6/28
Flatworld Intermediate Corporation – Revolver		567,568		—	0.50%	10/1/27
South Coast Terminals LLC – Revolver		967,742		—	0.50%	12/10/26
Total Unfunded Commitments	$	1,765,857	$	—

The following table details the Company’s unfunded commitments 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	$	—