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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Cash Flows from Operating Activities          
Net Increase (Decrease) in Net Assets Resulting from Operations $ 69,681 $ 52,484 $ 201,501 $ 129,240  
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash used in operating activities:          
Purchases of investments, net     (1,573,138) (988,275)  
Proceeds from investments and investment repayments, net     381,909 122,048  
Net amortization/accretion of premium/discount on investments     (26,382) (8,319)  
Net change in unrealized (gain) loss on investments     (1,105) (10,734)  
Net change in unrealized gain (loss) on interest rate swap attributed to unsecured notes     21,423 0  
Net change in unrealized (gains) losses on translation of assets and liabilities in foreign currencies     804 (218)  
Net realized (gain) loss on investments (4,726) (968) (5,809) (966)  
Paid-in-kind interest and dividends     (44,466) (34,053)  
Amortization of debt issuance costs 2,584 1,457 6,491 4,168  
Amortization of offering costs     0 97  
Changes in operating assets and liabilities:          
(Increase) decrease in interest receivable     (20,104) (8,717)  
(Increase) decrease in dividend income receivable     7,084 (9,413)  
(Increase) decrease in investments funded in advance     0 0  
(Increase) decrease in receivable for investments sold     (7,354) 0  
(Increase) decrease in prepaid expenses and other assets     (83,619) 368  
Increase (decrease) in management fee payable     1,789 2,448  
Increase (decrease) in incentive fee payable     2,675 2,293  
Increase (decrease) in payables to affiliates     1,932 (227)  
Increase (decrease) in payable for investments purchased     0 (27,731)  
Increase (decrease) in accrued expenses and other liabilities     29,005 3,890  
Net cash used in operating activities     (1,107,364) (824,101)  
Cash Flows from Financing Activities          
Borrowings on debt     3,408,911 1,624,482  
Payments on debt     (2,952,500) (1,200,497)  
Debt issuance costs     (26,965) (3,933)  
Proceeds from issuance of common shares (net of change in subscriptions receivable)     868,726 499,453  
Offering costs paid     0 (81)  
Distributions paid     (120,428) (54,583)  
Net cash provided by financing activities     1,177,744 864,841  
Net increase in cash     70,380 40,740  
Cash, beginning of period       28,065 $ 28,065
Cash, end of period 135,279 68,805 135,279 68,805  
Supplemental and Non-Cash Information          
Interest paid during the period     109,643 83,685  
Distributions declared during the period     151,832 83,067  
Reinvestment of distributions during the period     16,678 7,881  
Distributions Payable $ 49,910 $ 34,130 49,910 34,130 $ 35,184
Taxes, including excise tax, paid during the period     $ 515 $ 0