v3.25.2
Repurchase Agreements (Tables)
 6 Months Ended
Jun. 30, 2025
Broker-Dealer [Abstract]  
Schedule of Repurchase Agreements
The following table represents the Company's repurchase agreements as of June 30, 2025:
Maturity DateInterest Expense IncurredEnding Weighted Average Interest RateAmount PledgedAmount per Consolidated Statements of Assets and Liabilities
FBRED BDC BB FLOAT, LLC (“Barclays SPV”)6/24/2027$7,663 5.99 %$474,336 $290,853 
FBRED BDC High Yield Securities, LLC ("JPM Repo SPV")N/A358 5.23 %18,875 15,862 
FBRED BDC JPM Seller, LLC ("JPM SPV")8/14/202611,487 6.22 %592,115 398,571 
FBRED BDC Landings Finance, LLC (“Webster SPV”)7/9/2026502 6.27 %21,219 15,914 
FBRED BDC High Yield Securities, LLC ("Barclays Repo SPV")N/A322 5.32 %15,111 11,938 
FBRED BDC WWH Seller, LLC ("Wells Fargo SPV")3/13/2027326 5.98 %34,000 25,500 
Total$20,658 6.09 %$1,155,656 $758,638 
The following table represents the Company's repurchase agreements as of December 31, 2024:
Maturity DateInterest Expense IncurredEnding Weighted Average Interest RateAmount PledgedAmount per Consolidated Statements of Assets and Liabilities
FBRED BDC BB FLOAT, LLC (“Barclays SPV”)6/24/2027$4,673 6.27 %$297,541 $215,594 
FBRED BDC High Yield Securities, LLC ("JPM Repo SPV")N/A283 5.61 %13,875 11,576 
FBRED BDC JPM Seller, LLC ("JPM SPV")8/14/20263,025 4.70 %344,407 246,058 
FBRED BDC Landings Finance, LLC (“Webster SPV”)7/9/2026363 6.50 %21,219 15,914 
FBRED BDC High Yield Securities, LLC ("Barclays Repo SPV")N/A9 1.00 %15,111 12,058 
Total$8,353 5.36 %$692,153 $501,200