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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities        
Increase (Decrease) in net assets resulting from operations $ 3,847 $ 505,940 $ 183,989  
Adjustments to reconcile increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:        
Net change in unrealized (gains) losses on investments 229 (102,963) (61,554)  
Net change in unrealized (gains) losses on foreign currency transactions 1,434 (31,061) 4,799  
Net realized (gains) losses on investments   (3,734)    
Net realized (gains) losses on foreign currency transactions 20 (2,939) (21)  
Net amortization of discount on investments (770) (25,210) (11,819)  
Amortization of deferred financing costs 460 8,301 5,216  
Amortization of discount on debt   966    
Purchases and originations of investments, net (808,259) (4,763,492) (2,285,956)  
Proceeds from investments, net   469,242    
Repayments on investments   315,555 80,121  
Paid-in-kind interest   (33,672) (11,144)  
Changes in operating assets and liabilities:        
Interest receivable (7,814) (38,936) (16,842)  
Interest receivable paid-in-kind   (1,022) (3,282)  
Prepaid expenses and other assets (485) (871) (1,878)  
Management fees payable to affiliate 650 4,511 2,245  
Incentive fees on net investment income payable to affiliate 1,027 9,049 6,156  
Incentive fees on net capital gains accrued to affiliate   17,803 6,746  
Other payables to affiliate 4,062 1,234 (1,656)  
Other liabilities 5,182 (844) 13,053  
Net Cash Provided by (Used in) Operating Activities (800,417) (3,672,143) (2,091,827)  
Cash Flows from Financing Activities        
Borrowings on debt 816,536 8,610,981 2,886,747  
Repayments on debt (280,000) (5,484,716) (2,181,500)  
Deferred financing costs (4,371) (28,454) (9,458)  
Dividends paid to shareholders   (236,204) (19,761)  
Capital calls 542,864 1,999,736 1,150,000  
Net Cash Provided by (Used in) Financing Activities 1,075,029 4,861,343 1,826,028  
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 274,612 1,189,200 (265,799)  
Cash, cash equivalents and restricted cash, beginning of period   8,813 274,612  
Cash, Cash Equivalents and Restricted Cash, End of Period 274,612 1,198,013 8,813 $ 274,612
Supplemental Information:        
Interest paid during the period $ 1,018 158,054 57,313  
Excise and other taxes paid during the period   3,494 395  
Dividends declared during the period   478,109 107,004 $ 0
Non-Cash Financing Activities:        
Reinvestment of dividends during the period   $ 191,836 $ 43,371