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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities    
Increase (Decrease) in net assets resulting from operations $ 128,107 $ 97,725
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 (19,497) (18,534)
Net change in unrealized (gains) losses on foreign currency transactions 44,230 (4,207)
Net realized (gains) losses on investments (458) (2,342)
Net realized (gains) losses on foreign currency transactions (78) 67
Net amortization of discount on investments (15,390) (4,212)
Amortization of deferred financing costs 2,945 1,827
Amortization of discount on debt 522 62
Purchases and originations of investments, net (812,814) (1,298,865)
Proceeds from investments, net 109,750 140,558
Repayments on investments 640,773 11,026
Paid-in-kind interest (14,122) (5,545)
Changes in operating assets and liabilities:    
Interest receivable (5,762) (18,049)
Interest receivable paid-in-kind (623) (246)
Prepaid expenses and other assets (922) (598)
Management fees payable to affiliate 2,313 1,563
Incentive fees on net investment income payable to affiliate 5,127 3,652
Incentive fees on net capital gains accrued to affiliate (3,067) 3,127
Other payables to affiliates (307) (480)
Other liabilities 24,099 (3,379)
Net Cash Provided by (Used in) Operating Activities 84,826 (1,096,850)
Cash Flows from Financing Activities    
Borrowings on debt 1,299,493 1,690,700
Repayments on debt (1,808,739) (1,005,600)
Deferred financing costs (17,794) (11,445)
Dividends paid to shareholders (51,995) (21,808)
Capital calls 0 499,736
Net Cash Provided by (Used in) Financing Activities (579,035) 1,151,583
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (494,209) 54,733
Cash, cash equivalents and restricted cash, beginning of period 1,198,013 8,813
Cash, Cash Equivalents and Restricted Cash, End of Period 703,804 63,546
Supplemental Information:    
Interest paid during the period 64,708 35,455
Excise and other taxes paid during the period [1] 0 3,485
Dividends declared during the period 94,916 56,027
Non-Cash Financing Activities:    
Reinvestment of dividends during the period $ 41,945 $ 22,062
[1] Amount rounds to less than $1 thousand