Subsequent Events

3 Months Ended

Sep. 30, 2022

Management has evaluated subsequent events through the date of issuance of these financial statements and has determined that there are no subsequent events outside the ordinary scope of business that require adjustment to, or disclosure in, the financial statements other than those disclosed below.

During the period from October 1, 2022 through November 3, 2022, we increased total commitments to the Revolving Credit Facility by $42,500 to $1,676,500. Aggregate commitments are from an expanded group of 48 lenders.

On October 7, 2022, we amended our Dealer Manager Agreement dated June 9, 2022 with PCS to add the 6.50% Series A3 Preferred Stock (“Series A3 Preferred Stock”) and the 6.50% Series M3 Preferred Stock (“Series M3 Preferred Stock”), each par value $0.001 per share, and each with a liquidation preference of $25.00 per share, to our offering of up to 60,000,000 shares of preferred stock. We may offer any future series of Preferred Stock, provided that the aggregate number of shares issued across all series of Preferred Stock offered pursuant to the Dealer Manager Agreement dated October 7, 2022 with PCS shall not exceed 60,000,000 shares.

On October 7, 2022, we amended our Dealer Manager Agreement dated February 18, 2022 with InspereX LLC to add the 6.50% Series AA2 Preferred Stock (“Series AA2 Preferred Stock”) and the 6.50% Series MM2 Preferred Stock (“Series MM2 Preferred Stock”), each par value $0.001 per share, and each with a liquidation preference of $25.00 per share, to our offering of up to 10,000,000 shares of preferred stock. We may offer any future series of Preferred Stock, provided that the aggregate number of shares issued across all series of Preferred Stock offered pursuant to the Dealer Manager Agreement dated October 7, 2022 with Insperex LLC shall not exceed 10,000,000 shares.

During the period from October 6, 2022 through November 3, 2022, we issued a total of 453,539 shares of our Series A1 Preferred Stock, 5,504,505 shares of our 6.50% Series A3 Preferred Stock, 105,204 shares of our Series M1 Preferred Stock and 443,543 shares of our 6.50% Series M3 Preferred Stock, excluding shares issued via the Preferred Stock Dividend Reinvestment Plan, for net proceeds of $147,363.

On November 9, 2022, we announced the declaration of monthly dividends for our 5.50% Preferred Stock for holders of record on the following dates based on an annual rate equal to 5.50% of the Stated Value of $25 per share as set forth in the Articles Supplementary for the Preferred Stock, from the date of issuance or, if later from the most recent dividend payment date (the first business day of the month, with no additional dividend accruing in January as a result), as follows:


Monthly Cash 5.50% Preferred Shareholder Distribution	Record Date	Payment Date	Monthly Amount ($ per share), before pro ration for partial periods
December 2022	12/21/2022	1/3/2023	$0.114583
January 2023	1/18/2023	2/1/2023	$0.114583
February 2023	2/15/2023	3/1/2023	$0.114583

On November 9, 2022, we announced the declaration of monthly dividends for our 6.50% Preferred Stock for holders of record on the following dates based on an annual rate equal to 6.50% of the Stated Value of $25 per share as set forth in the Articles Supplementary for the Preferred Stock, from the date of issuance or, if later from the most recent dividend payment date (the first business day of the month, with no additional dividend accruing in January as a result), as follows:


Monthly Cash 6.50% Preferred Shareholder Distribution	Record Date	Payment Date	Monthly Amount ($ per share), before pro ration for partial periods
December 2022	12/21/2022	1/3/2023	$0.135417
January 2023	1/18/2023	2/1/2023	$0.135417
February 2023	2/15/2023	3/1/2023	$0.135417

On November 9, 2022, we announced the declaration of quarterly dividends for our 5.35% Preferred Stock for holders of record on the following dates based on an annual rate equal to 5.35% of the Stated Value of $25.00 per share as set forth in the Articles Supplementary for the 5.35% Preferred Stock, from the date of issuance or, if later from the most recent dividend payment date, as follows:


Quarterly Cash 5.35% Preferred Shareholder Distribution	Record Date	Payment Date	Amount ($ per share)
November 2022 - January 2023	1/18/2023	2/1/2023	$0.334375

On November 9, 2022, we announced the declaration of monthly dividends on our common stock as follows:


Monthly Cash Common Shareholder Distribution	Record Date	Payment Date	Amount ($ per share)
November 2022	11/28/2022	12/20/2022	$0.0600
December 2022	12/28/2022	1/19/2023	$0.0600
January 2023	1/27/2023	2/16/2023	$0.0600