Indemnification, Guarantees, Commitments and Contingencies

3 Months Ended

Sep. 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 three months ended September 30, 2024:


Declared	Ex-Date	Record Date	Pay Date	Amount	Fiscal Quarter
September 18, 2024	October 15, 2024	October 16, 2024	November 6, 2024	$0.1200	3rd 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, 2024:


Investments	Unfunded Commitment		Annual Non-use Fee	Expiration Date
Arborworks Acquisition LLC – Revolver		190,404	—	11/6/28
Flatworld Intermediate Corporation – Revolver		567,568	0.50%	10/1/27
Argano DDTL		869,565	—	8/23/29
Argano R/C		144,928	—	8/23/29
Likewize DD T/L 1L 7/24		305,556	—	8/15/29
Sandvine Corporation - DDTL		597,683	—	9/30/25
Total Unfunded Commitments	$	2,675,704

The following table details the Company’s unfunded commitments to portfolio companies as of June 30, 2024:


Investments	Unfunded Commitment		Annual Non-use Fee	Expiration Date
Arborworks Acquisition LLC – Revolver		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