Note 13. Subsequent Events

The Company’s management evaluated subsequent events through the date of issuance of the consolidated financial statements. There have been no subsequent events that occurred during such period that would require disclosure in, or would be required to be recognized in, the consolidated financial statements as of March 31, 2026, except as discussed below.

Citi Revolving Credit Facility

On April 24, 2026, the Company entered into Amendment No. 5 (“Amendment No. 5”) to its Citi Revolving Credit Facility. Amendment No. 5 amends the Citi Revolving Credit Facility to, among other things, (i) reduce the maximum facility amount from $650,000 to $500,000, (ii) reduce the accordion provision from an aggregate maximum amount of $800,000 to $600,000, (iii) extend the reinvestment period from January 10, 2027 to January 10, 2029 and (iv) extend the scheduled maturity date from January 10, 2029 to January 10, 2031.

DPC CLO 2 Debt Securitization

On April 24, 2026, the Company completed a $412,600 term debt securitization (the "DPC CLO 2 Debt Securitization") issued by Diameter Capital PC CLO 2 LLC (the "CLO 2 Issuer"), an indirect, wholly-owned, consolidated subsidiary of the Company. The DPC CLO 2 Debt Securitization consists of $40,700 of AAA(sf) Class A-1 Senior Secured Floating Rate Notes due 2038 (the "CLO 2 Class A-1 Notes"), $200,000 of AAA(sf) Class A-1 Senior Secured Floating Rate Loans due 2038 (the "CLO 2 Class A-1 Loans"), $16,600 of AAA(sf) Class A-2 Senior Secured Floating Rate Notes due 2038 (the "CLO 2 Class A-2 Notes"), $24,900 of AA(sf) Class B Senior Secured Floating Rate Notes due 2038 (the "CLO 2 Class B Notes", and together with the CLO 2 Class A-1 Notes, the CLO 2 Class A-1 Loans and the CLO 2 Class A-2 Notes, the "CLO 2 Secured Debt") and $130,400 of Subordinated Notes due 2126, which do not bear interest (the "CLO 2 Subordinated Notes", and together with the CLO 2 Secured Debt, the "CLO 2 Notes"). Term debt securitizations are also known as collateralized loan obligations and are a form of secured financing incurred by the CLO 2 Issuer, which is consolidated by the Company.

The CLO 2 Class A-1 Loans were incurred pursuant to a Class A-1 Credit Agreement among the CLO 2 Issuer, as borrower, Western Alliance Trust Company, N.A., as loan agent and collateral trustee, and the lenders party thereto (the "CLO 2 Credit Agreement").

The DPC CLO 2 Debt Securitization is backed by a diversified portfolio consisting primarily of first-lien commercial loans. The CLO 2 Secured Debt is scheduled to mature on April 15, 2038 and the CLO 2 Subordinated Notes are scheduled to mature on April 15, 2126; however, the CLO 2 Notes may be redeemed by the CLO 2 Issuer, at the direction of Diameter Capital PC CLO 2 Depositor LLC (the "CLO 2 Retention Holder"), as owner of a majority of the CLO 2 Subordinated Notes, on any business day on or after April 15, 2028. The CLO 2 Retention Holder acts as retention holder in connection with the DPC CLO 2 Debt Securitization for the purposes of satisfying certain U.S. regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO 2 Subordinated Notes. The Company, through the CLO 2 Retention Holder, has retained 15.66% of the CLO 2 Class B Notes and 100% of the CLO 2 Subordinated Notes issued in the DPC CLO 2 Debt Securitization.