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Subsequent Events
 3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
The Company has evaluated subsequent events through May 9, 2025, the date on which the consolidated financial statements were issued.
Tender Offering: On April 29, 2025, the Company commenced its normal course quarterly tender offer under the Share Repurchase Program. The Company is offering to purchase up to 11,828,164 shares of its issued and outstanding common stock, par value $0.001 per share (“Common Stock”). This amount represents approximately 5.0% of the Company’s Common Stock outstanding as of March 31, 2025. The tender offer is for a price per share equal to the net asset value per share of Common Stock on May 28, 2025. The tender offer will expire at 11:59 P.M., Eastern Time, on May 27, 2025, unless extended.
Distributions: On April 7, 2025, the Board declared the following distributions:
Record DatePayment DateAmount Per Share
April 15, 2025June 30, 2025$0.09
May 15, 2025June 30, 20250.09
June 16, 2025June 30, 20250.08
Total distributions declared$0.26
Revolving Credit Facility; On April 3, 2025, the Company increased the Revolving Credit Facility amount pursuant to the accordion feature of the Revolving Credit Agreement from $682,500 to $707,500 of aggregate commitments.