SENIOR SECURITIES (Tables)

12 Months Ended

Dec. 31, 2025

SENIOR SECURITIES

Schedule of senior securities

Information about the Company’s senior securities is shown in the following table for the years ended December 31, 2025, 2024, 2023 and 2022.

	Outstanding				Involuntary
	Exclusive of		Asset		Liquidating	Average
	Treasury		Coverage per		Preference	Market Value
Class and Year	Securities(1)		Unit(2)		per Unit(3)	per Unit(4)
	(In thousands, except per unit amounts)
Commitment Facility(5)
Year ended December 31, 2022	$	80,615	$	2,000	—		N/A
Credit Facility
Year ended December 31, 2022	$	—	$	2,000	—		N/A
Year ended December 31, 2023	$	98,000	$	2,100	—		N/A
Year ended December 31, 2024	$	90,450	$	2,160	—		N/A
Year ended December 31, 2025	$	128,650	$	1,980	—		N/A
SPV Facility
Year ended December 31, 2024	$	50,000	$	2,160	—		N/A
Year ended December 31, 2025	$	75,000	$	1,980	—		N/A

(1) Total amount of senior securities outstanding at the end of the period presented.

(2) Asset coverage per unit is the ratio of the carrying value of the Company’s total assets, less all liabilities and indebtedness not represented by senior securities, in relation to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness.

(3) The amount to which such class of senior security would be entitled upon the involuntary liquidation of the issuer in preference to any security junior to it. The “—” indicates information which the SEC expressly does not require to be disclosed for certain types of senior securities.

(4) Average market value per unit for our Commitment Facility and Credit Facility are not applicable as these are not registered for public trading.

(5) All amounts borrowed under the Commitment Facility matured on December 31, 2023, and all principal and accrued and unpaid interest thereunder was paid on December 22, 2023.