v3.26.1
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities        
Net increase (decrease) in net assets resulting from operations $ 109,829 $ 78,610 $ 120,145 $ 170,760
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:        
Amortization of deferred debt issuance costs 3,853 2,131 10,054 5,305
Amortization of deferred offering costs 1,062 507 2,513 1,597
Amortization of discounts on issued debt securities     2,893 1,246
Accretion of discounts and amortization of premiums on investments     (14,302) (9,747)
Net realized (gain) loss on investments     5,892 1
Net realized (gain) loss on foreign currency transactions 17,135 1,457 13,944 1,892
Net change in unrealized (appreciation) depreciation on investments     172,189 (15,702)
Net change in unrealized (appreciation) depreciation on translation of assets and liabilities in foreign currencies (15,137) (14,022) (7,938) (14,851)
Proceeds from (fundings of) revolving loans, net     (45,572) (8,896)
Purchases and fundings of investments     (2,601,257) (3,688,176)
Proceeds from principal payments and sales of portfolio investments     1,449,912 368,707
Payment-in-kind interest capitalized (12,777) (5,295) (36,363) (14,928)
Non-cash dividends capitalized (668) (435) (1,926) (649)
Proceeds from non-cash dividends     255 0
Changes in operating assets and liabilities:        
Interest receivable     (894) (19,082)
Receivable for investments     (32,305) 5,241
Other assets     617 212
Interest payable     30,180 16,577
Management and income incentive fees payable     5,580 7,579
Payable for investments purchased     (236,582) (74,107)
Accrued trustee fees     113 (24)
Accounts payable and other liabilities     (1,958) 3,792
Net cash provided by (used in) operating activities     (1,171,967) (3,248,022)
Cash flows from financing activities        
Borrowings on debt     3,411,055 4,121,157
Repayments of debt     (2,899,787) (2,110,736)
Proceeds from other short-term borrowings     174,076 27,707
Repayments on other short-term borrowings     (113,939) 0
Capitalized debt issuance costs     (18,712) (18,977)
Deferred offering costs     (2,613) (436)
Proceeds from issuance of common shares     843,802 1,283,264
Repurchased shares, net of early repurchase deduction paid     (327,483) (40,351)
Distributions paid     (216,577) (99,287)
Net cash provided by (used in) financing activities     849,822 3,162,341
Net change in cash, cash equivalents, foreign currencies, restricted cash and restricted cash equivalents     (322,145) (85,681)
Effect of foreign currency exchange rates     74 (303)
Cash, cash equivalents, foreign currencies, restricted cash and restricted cash equivalents, beginning of period     472,463 [1] 189,643
Cash, cash equivalents, foreign currencies, restricted cash and restricted cash equivalents, end of period 150,392 [1] 103,659 150,392 [1] 103,659
Supplemental disclosure of cash flow information:        
Cash paid during the period for interest [2]     202,399 100,141
Distributions declared for the period 304,916 161,135 304,916 161,135
Supplemental disclosure of non-cash financing activities:        
Shares issued in connection with distribution reinvestment plan     83,899 54,454
Change in distributions payable     4,440 7,394
Forward currency contracts        
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:        
Net change in unrealized (appreciation) depreciation on forward currency contracts/interest rate swaps (1,515) 12,446 (7,373) 12,744
Interest rate swaps        
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:        
Net change in unrealized (appreciation) depreciation on forward currency contracts/interest rate swaps $ 131 $ (260) $ 216 $ 2,487
[1] See Note 2 for a description of cash, cash equivalents, foreign currencies, restricted cash and restricted cash equivalents.
[2] Includes cash paid or received for contractual interest rate swaps, which may have different contractual settlement dates among the (i) fixed interest leg, (ii) floating interest leg and (iii) the debt instrument.