Subsequent Events |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Note 15. Subsequent EventsThe Company’s management evaluated subsequent events through the date of issuance of the consolidated financial statements included herein. Except as noted below, there have been no subsequent events that occurred during such period that would require recognition or disclosure. Equity ATM Program For the period from October 1, 2026 to November 2, 2026, the Company issued and sold 1,423,221 shares of its common stock at a weighted-average price of $16.65 per share and raised $23.5 million of net proceeds after deducting commissions to the sales agents on shares sold under the Equity ATM Program.
January 2032 Notes On October 5, 2026, the Company issued and sold $350.0 million in aggregate principal amount of its unsecured 7.500% Notes due 2032 (the “January 2032 Notes”) under its shelf Registration Statement on Form N-2. The January 2032 Notes were issued pursuant to the Base Indenture and a Ninth Supplemental Indenture, dated as of October 5, 2026, between the Company and the Trustee (together with the Base Indenture, the “January 2032 Notes Indenture”). The January 2032 Notes mature on January 15, 2032, unless repurchased or redeemed in accordance with their terms prior to such date. The January 2032 Notes are redeemable, in whole or in part at the Company's option at any time prior to December 15, 2031 at par value plus a “make-whole” premium calculated in accordance with terms under the January 2032 Notes Indenture and at par on December 15, 2031 or thereafter. The January 2032 Notes bear interest at a fixed rate of 7.500% per year payable semi-annually on January 15 and July 15 each year, commencing on January 15, 2027. The January 2032 Notes are direct, general unsecured obligations of the Company and rank pari passu, or equal in right of payment, with all of the Company's existing and future unsecured indebtedness or other obligations that are not so subordinated. |