Increase in Undistributed Taxable Income
Undistributed taxable income per share increased to $1.13 from $1 over the last quarter, driven by $44.8 million in realized gains from equity exits.
Successful Capital Raising
Raised $350 million in aggregate principal of 5.95% notes due 2030, enhancing balance sheet strength and addressing near-term bond maturities.
Robust Deal Flow
Generated $245 million in total new commitments to 7 new and 10 existing portfolio companies, with 32% as follow-on financings.
Strong Portfolio Performance
Year-over-year growth of 24% in on-balance sheet credit portfolio to $1.7 billion, with 100% of new debt originations being first lien senior secured.
High Dividend Coverage
Declared total dividends of $0.64 per share for the December quarter, with consistent track record of regular dividend coverage at 104% for the past 12 months.