Subsequent Events

6 Months Ended

Mar. 31, 2025

Subsequent Events [Abstract]

Subsequent Events

Note 13. Subsequent Events

In preparing these consolidated financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date of issuance. There are no subsequent events to disclose except for the following:

On April 4, 2025, the Company amended the JPM Credit Facility to among other things, (i) change the applicable margin to a range of 1.525% to 1.775%, (ii) reduce the unused fee rate on all unused commitments to 0.325% from 0.375%, (iii) extend the maturity date to April 4, 2030 from August 6, 2029 and (iv) amend the accordion provision to permit increases to the total commitments to up to $3,000,000.

On May 2, 2025, the Company’s Board declared a quarterly distribution of $0.39 per share payable on June 27, 2025 to holders of record as of June 13, 2025.

For fiscal year 2025, including the period April 1, 2025 through May 5, 2025, Wells Fargo Securities, LLC, as broker, has repurchased 2,521,275 shares of the Company’s common stock pursuant to the Program for an aggregate purchase price of approximately $35,306 at an average price of $14.00 per share.