| Commitments and Contingencies |
5.Commitments and Contingencies The Company had the following unfunded commitments and unrealized depreciation by investment as of June 30, 2026 and December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
|
December 31, 2025 |
|
Unfunded Commitments |
|
Investment |
|
Maturity/
Expiration |
|
Amount |
|
|
Unrealized
Depreciation |
|
|
Amount |
|
|
Unrealized
Depreciation |
|
ADAN-B LLC (24 Hour Fitness) |
|
Revolver |
|
December 2030 |
|
$ |
1,550 |
|
|
$ |
16 |
|
|
$ |
6,195 |
|
|
$ |
46 |
|
Axvor Intermediate, LLC (DQS) |
|
Delayed Draw Term Loan |
|
December 2026 |
|
|
3,290 |
|
|
|
21 |
|
|
|
— |
|
|
|
— |
|
Axvor Intermediate, LLC (DQS) |
|
Revolver |
|
March 2031 |
|
|
3,209 |
|
|
|
21 |
|
|
|
— |
|
|
|
— |
|
CF Newco, Inc. |
|
Revolver |
|
December 2029 |
|
|
1,394 |
|
|
|
3 |
|
|
|
2,815 |
|
|
|
— |
|
Cinelease, LLC |
|
ABL Term Loan |
|
July 2030 |
|
|
1,498 |
|
|
|
58 |
|
|
|
6,152 |
|
|
|
185 |
|
Comprehensive Logistics Co., LLC |
|
Revolver |
|
March 2026 |
|
|
— |
|
|
|
— |
|
|
|
4,556 |
|
|
|
59 |
|
CSAT Holdings LLC |
|
Revolver |
|
June 2028 |
|
|
— |
|
|
|
— |
|
|
|
1,311 |
|
|
|
1 |
|
D&D Buyer, LLC |
|
Revolver |
|
October 2029 |
|
|
2,371 |
|
|
|
— |
|
|
|
1,916 |
|
|
|
— |
|
D&D Buyer, LLC |
|
5th Amendment Delayed Draw Term Loan |
|
February 2028 |
|
|
2,970 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Fenix Intermediate LLC |
|
Delayed Draw Term Loan B-2 |
|
March 2027 |
|
|
— |
|
|
|
— |
|
|
|
11,607 |
|
|
|
429 |
|
Five Star Buyer, Inc. |
|
Revolver |
|
February 2028 |
|
|
751 |
|
|
|
48 |
|
|
|
1,517 |
|
|
|
100 |
|
Great Kitchens Food Company, Inc. |
|
Revolver |
|
May 2029 |
|
|
— |
|
|
|
— |
|
|
|
6,902 |
|
|
|
— |
|
Helix Sleep, Inc. |
|
Revolver |
|
November 2030 |
|
|
945 |
|
|
|
7 |
|
|
|
1,908 |
|
|
|
23 |
|
Hoffmaster Group, Inc. |
|
Revolver |
|
February 2028 |
|
|
1,037 |
|
|
|
7 |
|
|
|
2,096 |
|
|
|
16 |
|
HOP Energy, LLC |
|
Delayed Draw Term Loan D |
|
August 2026 |
|
|
734 |
|
|
|
11 |
|
|
|
— |
|
|
|
— |
|
HydroSource Logistics, LLC |
|
Revolver |
|
April 2029 |
|
|
— |
|
|
|
— |
|
|
|
190 |
|
|
|
— |
|
HydroSource Midstream, LLC |
|
Revolver |
|
April 2031 |
|
|
950 |
|
|
|
37 |
|
|
|
— |
|
|
|
— |
|
Pallet Logistics of America, LLC |
|
Revolver |
|
November 2029 |
|
|
562 |
|
|
|
22 |
|
|
|
1,589 |
|
|
|
51 |
|
Red Robin International, Inc. |
|
Revolver |
|
September 2027 |
|
|
239 |
|
|
|
— |
|
|
|
1,240 |
|
|
|
9 |
|
RPM Purchaser, Inc. |
|
Delayed Draw Term Loan B |
|
November 2026 |
|
|
1,503 |
|
|
|
— |
|
|
|
3,035 |
|
|
|
— |
|
Signature Brands, LLC |
|
9th Amendment Delayed Draw Term Loan A |
|
November 2026 |
|
|
1,307 |
|
|
|
— |
|
|
|
3,959 |
|
|
|
— |
|
Viva 5 Group, LLC |
|
Revolver |
|
May 2030 |
|
|
133 |
|
|
|
2 |
|
|
|
5,418 |
|
|
|
87 |
|
Total |
|
|
|
|
|
$ |
24,443 |
|
|
$ |
253 |
|
|
$ |
62,406 |
|
|
$ |
1,006 |
|
5.Commitments and Contingencies (Continued) From time to time, the Company may become a party to certain legal proceedings incidental to the normal course of its business. As of June 30, 2026, the Company is not aware of any pending or threatened litigation. In the normal course of business, the Company enters into contracts which provide a variety of representations and warranties, and that provide 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.
|