10/26/2026 | Press release | Distributed by Public on 10/26/2026 14:40
|
Amount of Class I Common Shares |
Consideration |
|||||||||||||
|
As of October 1, 2026 |
2,189,680 |
$ |
57.0 |
million |
||||||||||
October 2026 Distributions
On October 26, 2026, the Fund declared a regular distribution for the Shares in the amount per share set forth below:
|
Gross Distribution |
Shareholder |
Net Distribution |
||||||||||
|
Class I Shares |
$ |
0.1875 |
$ |
0.00 |
$ |
0.1875 |
||||||
The regular distribution for the Class I Shares is payable to shareholders of record as of October 30, 2026, and will be paid on or about November 30, 2026.
The distribution will be paid in cash or reinvested in additional Shares for shareholders participating in the Fund's distribution reinvestment plan.
Item 8.01. Other Events.
Net Asset Value
The NAV per share for Class I Shares of the Fund as of September 30, 2026, as determined in accordance with the Fund's valuation policy, is set forth below.
|
NAV per share as of |
|||||
|
Class I Shares |
$ |
$26.03 |
|||
As of September 30, 2026, the Fund's aggregate NAV was $1,159.9 million, the fair value of its investment portfolio was $2,402.5 million and it had principal debt outstanding of $1,373.5 million, resulting in a debt-to-equity ratio of approximately 1.18x. The net debt-to-equity ratio, which represents principal debt outstanding, less cash and unsettled trades was approximately 1.08x as of September 30, 2026.
Portfolio Update
As of September 30, 2026, the Fund's investment portfolio at fair value was approximately $2,402.5 million across 173 portfolio companies operating across 29 different industries. As of September 30, 2026, based on fair value, the Fund's investment portfolio was comprised of 85% in first lien senior secured debt, 1% of second lien senior secured debt, 6% in subordinated debt, 2% in preferred equity, 2% in common equity and 4% in an investment vehicle. 92% of the Fund's debt investment portfolio was floating rate as of September 30, 2026.
Shares Issued
The following table lists the Shares by the Fund issued and outstanding and total consideration for such Shares as of the date of this filing (through the October 1, 2026 subscription date).
|
Common Shares Issued |
Total Consideration |
|||||||||||||
|
Class I Shares |
48,055,354 |
$ |
1,233.0 |
million |
||||||||||
|
Total |
48,055,354 |
$ |
1,233.0 |
million |
||||||||||
Share Repurchase and Subscription Update
On August 3, 2026, the Fund commenced a tender offer to repurchase up to 5% of its Class I shares outstanding as of June 30, 2026, which expired on August 31, 2026. Prior to the expiration of the tender offer, approximately 91,611 Class I shares were validly tendered, representing 0.21% of the Fund's outstanding shares as of June 30, 2026.
Subsequent to June 30, 2026, the Fund has received additional subscriptions of approximately $77.2 million.