Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES

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CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
shares in Thousands, $ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Investments, at fair value: $ 4,721,987 $ 4,466,647
Cash and cash equivalents [2] 42,365 [1] 56,987
Restricted cash (amounts related to a VIE $2,561 and $2,467, respectively) 2,561 2,467
Interest receivable 40,377 37,261
Right of use asset 14,345 14,842
Other assets 4,783 5,822
Total assets 4,826,418 4,584,026
Liabilities    
Debt (net of unamortized debt issuance costs of $30,287 and $26,626, respectively; amounts related to a VIE $64,466 and $64,530, respectively) 2,539,032 2,286,444
Accounts payable and accrued liabilities 45,189 65,262
Operating lease liability 15,202 16,267
Total liabilities 2,599,423 2,367,973
Net assets consist of:    
Common stock, par value 187 183
Capital in excess of par value 2,169,888 2,114,719
Total distributable earnings 56,920 101,151
Total net assets 2,226,995 2,216,053
Total liabilities and net assets $ 4,826,418 $ 4,584,026
Shares of common stock outstanding ($0.001 par value and 300,000 authorized) (in shares) 187,174 182,695
Net asset value per share (in dollars per share) $ 11.90 $ 12.13
Non-control/Non-affiliate investments    
Assets    
Investments, at fair value: $ 4,605,739 $ 4,351,596
Control investments    
Assets    
Investments, at fair value: $ 116,248 $ 115,051
[1] Effective March 31, 2026, the former foreign cash category has been consolidated into “Cash and cash equivalents”. Prior year amounts have been reclassified to conform to the current presentation.
[2] Effective March 31, 2026, the former foreign cash category has been consolidated into “Cash and cash equivalents”. Prior year amounts have been reclassified to conform to the current presentation.