XML 30 R20.htm IDEA: XBRL DOCUMENT
v3.25.1

Indemnification, Guarantees, Commitments and Contingencies | 6 Months Ended
--- | ---
Dec. 31, 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 transition period:
Declared Date |  | Ex-Date |  | Record Date |  | Pay Date |  | Amount per Share |  | Fiscal Quarter
September 18, 2024 |  | October 15, 2024 |  | October 16, 2024 |  | November 6, 2024 |  | $0.12 |  | 1st 2024*
November 6, 2024 |  | December 19, 2024 |  | December 20, 2024 |  | January 8, 2025 |  | $0.12 |  | 2nd 2024*
*Quarter in the transition period ended December 31, 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 December 31, 2024:
Investments |  | Unfunded Commitment |  | Fair Value |  | Annual Non-use Fee |  | Expiration Date
Uniguest Holdings - DDTL |  | $1,111,111 |  | $— |  | — |  | 11/27/2030
Argano, LLC - DDTL |  | 869,565 |  | — |  | — |  | 8/23/2029
Arborworks Acquisition LLC – Revolver |  | 712,496 |  | — |  | — |  | 11/6/2028
Flatworld Intermediate Corporation – Revolver |  | 567,568 |  | — |  | 0.50% |  | 10/1/2027
Crafty Apes LLC - DDTL - Second Out |  | 492,735 |  | — |  | — |  | 6/1/2027
Sandvine Corporation - DDTL |  | 398,456 |  | — |  | — |  | 10/3/2025
Uniguest Holdings - Revolver |  | 333,333 |  | — |  | — |  | 11/27/2030
Argano, LLC - Revolver |  | 144,928 |  | — |  | — |  | 8/23/2029
Total Unfunded Commitments |  | $4,630,192 |  | $— |  |  |  |
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
South Coast Terminals LLC – Revolver |  | $967,742 |  | $— |  | 0.50% |  | 12/10/2026
Flatworld Intermediate Corporation – Revolver |  | 567,568 |  | — |  | 0.50% |  | 10/1/2027
Arborworks Acquisition LLC – Revolver |  | 230,547 |  | — |  | — |  | 11/6/2028
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
Amerequip, LLC – Revolver |  | $967,742 |  | $— |  | 0.50% |  | 8/31/2027
South Coast Terminals LLC – Revolver |  | 967,742 |  | — |  | 0.50% |  | 12/10/2026
NWN Parent Holdings LLC – Revolver |  | 800,000 |  | — |  | 0.50% |  | 5/7/2026
Xenon Arc, Inc. – Revolver |  | 746,667 |  | — |  | 0.50% |  | 12/17/2026
Archer Systems, LLC – Revolver |  | 603,175 |  | — |  | 0.50% |  | 8/11/2027
Flatworld Intermediate Corporation – Revolver |  | 567,567 |  | — |  | 0.50% |  | 10/1/2027
Arborworks Acquisition LLC – Revolver |  | 554,947 |  | — |  | 0.50% |  | 11/9/2026
Evergreen North America Acquisitions, LLC – Revolver |  | 276,064 |  | — |  | 0.50% |  | 8/13/2026
1888 Industrial Services, LLC – Revolver |  | 186,990 |  | — |  | 0.50% |  | 8/31/2024
Total Unfunded Commitments |  | $5,670,894 |  | $— |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for commitments and contingencies. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 405 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/405-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 440 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482648/440-10-50-4 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/450/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 954 -SubTopic 440 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478522/954-440-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 440 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482648/440-10-50-4 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 440 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/440/tableOfContent + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration