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Subsequent Events
6 Months Ended
Dec. 31, 2023
Subsequent Events [Abstract]  
Subsequent Events

Note 15. Subsequent Events

The Company has evaluated the need for disclosures and/or adjustments resulting from subsequent events through the date the consolidated financial statements were issued.

From January 1, 2024 through February 16, 2024, the Company made advances of approximately $0.4 million on one existing revolving credit commitment to one portfolio company and received approximately $4.7 million from the repayment of two positions for one portfolio company.

The Company’s dividend framework provides a quarterly base dividend and may be supplemented, at the discretion of the Company’s board of directors, by additional dividends as determined to be available by the Company’s net investment income and performance during the quarter.

On February 8, 2024, the Company’s board of directors declared a distribution for the quarter ended March 31, 2024 of $0.12 per share payable on April 5, 2024, to stockholders of record as of March 15, 2024 and a supplemental distribution of $0.03 per share, payable on April 5, 2024, to stockholders of record as of March 15, 2024.

On January 17, 2024, the Company, through SPV LLC, entered into a fourth amendment (the “Fourth Amendment”) to the Capital One Revolving Financing. The Fourth Amendment provides for, among other things, (i) the extension of the maturity date to January 17, 2029, (ii) an increase of the applicable interest spreads under the Capital One Revolving Financing and (iii) the extension of the Scheduled Revolving Period End Date (as defined in Capital One Revolving Financing) to January 17, 2027.