v3.25.0.1
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Sep. 30, 2024
Cash flows from operating activities      
Net increase (decrease) in net assets resulting from operations $ 111,314 $ 75,776  
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 2,645 2,109  
Accretion of discounts and amortization of premiums on investments (569) (3,673)  
Accretion of discounts and amortization of premiums on issued debt securities 863 41  
Net realized (gain) loss on investments 25,356 (909)  
Net realized (gain) loss on foreign currency transactions 3,705 (187)  
Net realized (gain) loss on forward currency contracts (1,206) 0  
Net realized (gain) loss on extinguishment of debt 48 0  
Net change in unrealized (appreciation) depreciation on investments (43,621) 9,304  
Net change in unrealized (appreciation) depreciation on translation of assets and liabilities in foreign currencies 22,973 (6,187)  
Proceeds from (fundings of) revolving loans, net (2,169) (235)  
Fundings of investments (909,514) (73,242)  
Proceeds from principal payments and sales of portfolio investments 450,173 179,411  
Proceeds from settlements of forward currency contracts 4,100 0  
Payment-in-kind interest capitalized (13,211) (13,715)  
Non-cash dividends capitalized (7,264) (4,251)  
Proceeds from non-cash dividends 1,824 0  
Changes in operating assets and liabilities:      
Interest receivable 740 3,560  
Other assets (11,632) (12,390)  
Interest payable 5,817 1,834  
Management and incentive fees payable 5,204 (36)  
Accrued trustee fees (55) (100)  
Accounts payable and other liabilities (2,991) 1,105  
Net cash provided by (used in) operating activities (374,735) 163,629  
Cash flows from financing activities      
Borrowings on debt 3,390,158 563,746  
Repayments of debt (3,037,745) (629,508)  
Capitalized debt issuance costs (5,978) (5,314)  
Distributions paid (108,299) (59,736)  
Net cash provided by (used in) financing activities 238,136 (130,812)  
Net change in cash and cash equivalents, foreign currencies, restricted cash and cash equivalents and restricted foreign currencies (136,599) 32,817  
Effect of foreign currency exchange rates (2,079) 396  
Cash and cash equivalents, foreign currencies, restricted cash and cash equivalents and restricted foreign currencies, beginning of period 359,552 [1] 140,206 $ 140,206
Cash and cash equivalents, foreign currencies, restricted cash and cash equivalents and restricted foreign currencies, end of period 220,874 [1] 173,419 359,552 [1]
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest 69,118 37,576  
Distributions declared for the period 126,853 74,622  
Supplemental disclosure of non-cash financing activities:      
Stock issued in connection with dividend reinvestment plan 18,554 14,886  
Reconciliation of cash and cash equivalents, foreign currencies and restricted cash and cash equivalents and restricted foreign currencies      
Cash and cash equivalents 103,508   123,120
Foreign currencies (cost of $6,825 and $7,973, respectively) 6,769   8,044
Restricted cash and cash equivalents 110,597   227,152
Restricted foreign currencies (cost of $0 and $1,219, respectively) 0   1,236
Total cash and cash equivalents, foreign currencies, restricted cash and cash equivalents and restricted foreign currencies shown in the Consolidated Statements of Cash Flows 220,874 [1] 173,419 $ 359,552 [1]
Interest Rate Swap      
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 derivatives 4,662 (301)  
Foreign exchange      
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:      
Net realized (gain) loss on forward currency contracts (1,206) 0  
Net change in unrealized (appreciation) depreciation on derivatives $ (21,927) $ 5,715  
[1] See “Note 2. Significant Accounting Policies and Recent Accounting Updates” for a description of cash and cash equivalents, foreign currencies, restricted cash and cash equivalents and restricted foreign currencies.