Debt (Tables)

6 Months Ended

Jun. 30, 2026

The following table presents the components of interest expense for the following periods:


	For the Three Months Ended						For the Six Months Ended
	June 30, 2026			June 30, 2025			June 30, 2026			June 30, 2025
Commitment fee	$	69,236		$	126,111		$	136,042			192,778
Amortization of deferred financing costs		176,659			170,065			351,377			248,779
Interest expense		755,044			5,084			1,538,062			5,084
Total interest expense	$	1,000,939		$	301,260		$	2,025,481			446,641
Average interest rate		6.65	%		7.32	%		6.67	%		7.32	%
Average daily borrowings	$	44,917,582		$	274,725		$	45,895,028			138,122

Schedule of Information about Senior Securities

Information about our senior securities is shown in the following table as of June 30, 2026 (in thousands except for per unit data).


Class and Period	Total Amount Outstanding Exclusive of Treasury Securities(1)		Asset Coverage Per Unit(2)		Involuntary Liquidating Preference Per Unit(3)		Average Market Value Per Unit(4)
Revolving Credit Facility
June 30, 2026	$	27,000,000	$	12,203		-	N/A
March 31, 2026	$	54,500,000	$	6,581		-	N/A
December 31, 2025	$	25,000,000	$	13,136		-	N/A

(1) Total amount of each class of senior securities outstanding at the end of the period presented.

(2) Asset coverage per unit is the ratio of the carrying value of our total assets, less all liabilities excluding indebtedness represented by senior securities in this table, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness and is calculated on a consolidated basis.

(3) The amount to which such class of senior security would be entitled upon our involuntary liquidation in preference to any security junior to it. The “-” in this column indicates information that the SEC expressly does not require to be disclosed for certain types of senior securities.

(4) Not applicable because the senior securities are not registered for public trading.