v3.26.1
Subsequent Events
11 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events
11.
Subsequent Events

The Company has evaluated subsequent events through the date of issuance of the consolidated financial statements. There have been no subsequent events that require recognition or disclosure in these consolidated financial statements other than those described below.

On January 5, 2026, the Company received $120,000 from capital call proceeds, relating to the issuance of 6,079,158 Common Shares.

On January 23, 2026, TSC BDC Financing 1 LLC (the “Borrower” or “TSC BDC Financing”), a newly-formed, wholly-owned, special purpose financing subsidiary of the Company entered into a senior secured credit facility (the “Asset Based Credit Facility” fka the “January 2026 Credit Facility” and together with the Subscription Based Credit Facility, the “Credit Facilities”) pursuant to a credit and security agreement with Barings Direct Investments LLC, as facility agent, the lenders from time to time party thereto, U.S. Bank National Association, as custodian, and Barings Direct Investment Inc., as collateral agent and collateral administrator. The Asset Based Credit Facility includes a delayed draw term loan with a maximum commitment of $450,000 and a revolving loan with a maximum commitment of $25,000. The delayed draw term loan matures on January 23, 2036 and the revolving loan matures on January 23, 2029. The Company paid a total of $5,293 in financing costs in connection with the Asset Based Credit Facility.