CALCULATION OF REGISTRATION FEE UNDER THE SECURITIES ACT OF 1933
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Title of Securities Being Registered
|
| |
Amount Being
Registered |
| |
Proposed Maximum
Offering Price Per Unit |
| |
Proposed Maximum
Aggregate Offering Price (1) |
| |
Amount of
Registration Fee (1) |
| ||||||||||||
Common Stock, $0.001 par value per share
(2)
|
| | | $ | | | | | $ | | | | | $ | | | | | | $ | | | | ||
Preferred Stock, $0.001 par value per share
(2)
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Warrants (2) | | | | | | | | | | | | | | | | | | | | | | | | | |
Subscription Rights
(3)
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Debt Securities
(4)
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Total
|
| | | $ | | | | | | $ | | | | | | $ | 800,000,000 (5) | | | | | $ | 96,960 (6) | | |
| | | | | 1 | | | |
| | | | | 5 | | | |
| | | | | 8 | | | |
| | | | | 11 | | | |
| | | | | 13 | | | |
| | | | | 14 | | | |
| | | | | 15 | | | |
| | | | | 18 | | | |
| | | | | 41 | | | |
| | | | | 42 | | | |
| | | | | 45 | | | |
| | | | | 47 | | | |
| | | | | 56 | | | |
| | | | | 61 | | | |
| | | | | 62 | | | |
| | | | | 64 | | | |
| | | | | 66 | | | |
| | | | | 77 | | | |
| | | | | 78 | | | |
| | | | | 79 | | | |
| | | | | 81 | | | |
| | | | | 81 | | | |
| | | | | 81 | | | |
| | | | | 82 | | |
| Stockholder transaction expenses: | | | | | | | |
|
Sales load (as a percentage of offering price)
|
| | | | — % (1) | | |
|
Offering expenses (as a percentage of offering price)
|
| | | | — % (2) | | |
|
Dividend reinvestment plan expenses
|
| |
None
(3)
|
| |||
|
Total stockholder transaction expenses (as a percentage of offering price)
|
| | | | — % | | |
| Annual expenses (as a percentage of net assets attributable to common stock): | | | | | | | |
|
Management fees
|
| | | | 2.73 % (4) | | |
|
Incentive fees payable under the Investment Advisory Agreement
|
| | | | 1.55 % (5) | | |
|
Interest payments on borrowed funds
|
| | | | 4.40 % (6) | | |
|
Other expenses
|
| | | | 0.60 % (7) | | |
|
Acquired fund fees and expenses
|
| | | | 0.03 % (8) | | |
|
Total annual expenses
|
| | | | 9.31 % (9) | | |
You would pay the following expenses on a $1,000 investment
|
| |
1 year
|
| |
3 years
|
| |
5 years
|
| |
10 years
|
| ||||||||||||
Assuming a 5% annual return (assumes no return from net realized capital
gains or net unrealized capital appreciation) |
| | | $ | 78 | | | | | $ | 226 | | | | | $ | 367 | | | | | $ | 686 | | |
Assuming a 5% annual return (assumes return entirely from realized capital gains and thus subject to the capital gain incentive fee)
|
| | | $ | 88 | | | | | $ | 253 | | | | | $ | 406 | | | | | $ | 742 | | |
Period
|
| |
NAV
(1)
|
| |
Closing Sales Price
|
| |
Premium
of High Sales Price |
| |
Premium
(Discount) of Low Sales Price to NAV (2) |
| |
Dividends
and Distributions Declared |
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|
High
|
| |
Low
|
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Fiscal year ending September 30, 3019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Third quarter (through June 25, 2019)
|
| | | | N/A | | | | | $ | 18.43 | | | | | $ | 17.34 | | | | | | N/A | | | | | | N/A | | | | | $ | 0.32 (3) | | |
Second quarter
|
| | | $ | 15.95 | | | | | $ | 18.65 | | | | | $ | 16.62 | | | | | | 16.9 % | | | | | | 4.2 % | | | | | $ | 0.32 | | |
First quarter
|
| | | $ | 15.97 | | | | | $ | 19.01 | | | | | $ | 16.38 | | | | | | 19.0 % | | | | | | 2.6 % | | | | | $ | 0.44 (4) | | |
Fiscal year ending September 30, 2018 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Fourth quarter
|
| | | $ | 16.10 | | | | | $ | 19.14 | | | | | $ | 18.40 | | | | | | 18.9 % | | | | | | 14.3 % | | | | | $ | 0.32 | | |
Third quarter
|
| | | $ | 16.15 | | | | | $ | 18.67 | | | | | $ | 17.83 | | | | | | 15.6 % | | | | | | 10.4 % | | | | | $ | 0.32 | | |
Second quarter
|
| | | $ | 16.11 | | | | | $ | 18.44 | | | | | $ | 17.62 | | | | | | 14.5 % | | | | | | 9.4 % | | | | | $ | 0.32 | | |
First quarter
|
| | | $ | 16.04 | | | | | $ | 19.41 | | | | | $ | 18.20 | | | | | | 21.0 % | | | | | | 13.5 % | | | | | $ | 0.40 (5) | | |
Fiscal year ended September 30, 2017 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Fourth quarter
|
| | | $ | 16.08 | | | | | $ | 19.71 | | | | | $ | 18.24 | | | | | | 22.6 % | | | | | | 13.4 % | | | | | $ | 0.32 | | |
Third quarter
|
| | | $ | 16.01 | | | | | $ | 20.44 | | | | | $ | 19.10 | | | | | | 27.7 % | | | | | | 19.3 % | | | | | $ | 0.32 | | |
Second quarter
|
| | | $ | 15.88 | | | | | $ | 19.88 | | | | | $ | 18.38 | | | | | | 25.2 % | | | | | | 15.7 % | | | | | $ | 0.32 | | |
First quarter
|
| | | $ | 15.74 | | | | | $ | 18.76 | | | | | $ | 17.55 | | | | | | 19.2 % | | | | | | 11.5 % | | | | | $ | 0.57 (6) | | |
Class and Year
|
| |
Total Amount
Outstanding Exclusive of Treasury Securities (1) |
| |
Asset Coverage
per Unit (2) |
| |
Involuntary
Liquidating Preference per Unit (3) |
| |
Average
Market Value per Unit (4) |
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| | |
(In thousands)
|
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Retired Credit Facility | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2008
|
| | | $ | 123,083 | | | | | $ | 1,137 | | | | | | — | | | | | | N/A | | |
September 30, 2009
|
| | | $ | 315,306 | | | | | $ | 1,294 | | | | | | — | | | | | | N/A | | |
TRS | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2011
|
| | | $ | 77,986 | | | | | $ | 2,240 | | | | | | — | | | | | | N/A | | |
2010 Debt Securitization | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2010
|
| | | $ | 174,000 | | | | | $ | 2,487 | | | | | | — | | | | | | N/A | | |
September 30, 2011
|
| | | $ | 174,000 | | | | | $ | 2,240 | | | | | | — | | | | | | N/A | | |
September 30, 2012
|
| | | $ | 174,000 | | | | | $ | 2,632 | | | | | | — | | | | | | N/A | | |
September 30, 2013
|
| | | $ | 203,000 | | | | | $ | 3,717 | | | | | | — | | | | | | N/A | | |
September 30, 2014
|
| | | $ | 215,000 | | | | | $ | 2,491 | | | | | | — | | | | | | N/A | | |
September 30, 2015
|
| | | $ | 215,000 | | | | | $ | 2,373 | | | | | | — | | | | | | N/A | | |
September 30, 2016
|
| | | $ | 215,000 | | | | | $ | 2,488 | | | | | | — | | | | | | N/A | | |
September 30, 2017
|
| | | $ | 205,000 | | | | | $ | 2,852 | | | | | | — | | | | | | N/A | | |
2014 Debt Securitization | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2014
|
| | | $ | 246,000 | | | | | $ | 2,491 | | | | | | — | | | | | | N/A | | |
September 30, 2015
|
| | | $ | 246,000 | | | | | $ | 2,373 | | | | | | — | | | | | | N/A | | |
September 30, 2016
|
| | | $ | 246,000 | | | | | $ | 2,488 | | | | | | — | | | | | | N/A | | |
September 30, 2017
|
| | | $ | 246,000 | | | | | $ | 2,852 | | | | | | — | | | | | | N/A | | |
September 30, 2018
|
| | | $ | 197,483 | | | | | $ | 2,695 | | | | | | — | | | | | | N/A | | |
March 31, 2019 (unaudited)
|
| | | $ | 179,443 | | | | | $ | 2,250 | | | | | | — | | | | | | N/A | | |
2018 Debt Securitization | | | | | | | | | | | | | | | | | | | | | | | | | |
March 31, 2019 (unaudited)
|
| | | $ | 408,200 | | | | | $ | 2,250 | | | | | | — | | | | | | N/A | | |
Credit Facility | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2011
|
| | | $ | 2,383 | | | | | $ | 2,240 | | | | | | — | | | | | | N/A | | |
September 30, 2012
|
| | | $ | 54,800 | | | | | $ | 2,632 | | | | | | — | | | | | | N/A | | |
September 30, 2013
|
| | | $ | 29,600 | | | | | $ | 3,717 | | | | | | — | | | | | | N/A | | |
September 30, 2014
|
| | | $ | 27,400 | | | | | $ | 2,491 | | | | | | — | | | | | | N/A | | |
September 30, 2015
|
| | | $ | 127,250 | | | | | $ | 2,373 | | | | | | — | | | | | | N/A | | |
September 30, 2016
|
| | | $ | 126,700 | | | | | $ | 2,488 | | | | | | — | | | | | | N/A | | |
September 30, 2017
|
| | | $ | 63,100 | | | | | $ | 2,852 | | | | | | — | | | | | | N/A | | |
September 30, 2018
|
| | | $ | 136,000 | | | | | $ | 2,695 | | | | | | — | | | | | | N/A | | |
Class and Year
|
| |
Total Amount
Outstanding Exclusive of Treasury Securities (1) |
| |
Asset Coverage
per Unit (2) |
| |
Involuntary
Liquidating Preference per Unit (3) |
| |
Average
Market Value per Unit (4) |
| ||||||||||||
| | |
(In thousands)
|
| | | | ||||||||||||||||||
MS Credit Facility | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2018
|
| | | $ | 234,700 | | | | | $ | 2,695 | | | | | | — | | | | | | N/A | | |
MS Credit Facility II | | | | | | | | | | | | | | | | | | | | | | | | | |
March 31, 2019 (unaudited)
|
| | | $ | 176,530 | | | | | $ | 2,250 | | | | | | — | | | | | | N/A | | |
Revolver | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2014
|
| | | $ | 0 | | | | | | N/A | | | | | | — | | | | | | N/A | | |
September 30, 2015
|
| | | $ | 0 | | | | | | N/A | | | | | | — | | | | | | N/A | | |
Adviser Revolver | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2016
|
| | | $ | 0 | | | | | | N/A | | | | | | — | | | | | | N/A | | |
September 30, 2017
|
| | | $ | 0 | | | | | | N/A | | | | | | — | | | | | | N/A | | |
September 30, 2018
|
| | | $ | 0 | | | | | | N/A | | | | | | — | | | | | | N/A | | |
March 31, 2019 (unaudited)
|
| | | $ | 0 | | | | | | N/A | | | | | | — | | | | | | N/A | | |
SBA Debentures | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2011
|
| | | $ | 61,300 | | | | | $ | 2,240 | | | | | | — | | | | | | N/A | | |
September 30, 2012
|
| | | $ | 123,500 | | | | | $ | 2,632 | | | | | | — | | | | | | N/A | | |
September 30, 2013
|
| | | $ | 179,500 | | | | | $ | 3,717 | | | | | | — | | | | | | N/A | | |
September 30, 2014
|
| | | $ | 208,750 | | | | | $ | 2,491 | | | | | | — | | | | | | N/A | | |
September 30, 2015
|
| | | $ | 225,000 | | | | | $ | 2,373 | | | | | | — | | | | | | N/A | | |
September 30, 2016
|
| | | $ | 277,000 | | | | | $ | 2,488 | | | | | | — | | | | | | N/A | | |
September 30, 2017
|
| | | $ | 267,000 | | | | | $ | 2,852 | | | | | | — | | | | | | N/A | | |
September 30, 2018
|
| | | $ | 277,500 | | | | | $ | 2,695 | | | | | | — | | | | | | N/A | | |
March 31, 2019 (unaudited)
|
| | | $ | 287,000 | | | | | $ | 2,250 | | | | | | — | | | | | | N/A | | |
Total Debt (5) | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2008
|
| | | $ | 123,083 | | | | | $ | 1,137 | | | | | | — | | | | | | N/A | | |
September 30, 2009
|
| | | $ | 315,306 | | | | | $ | 1,294 | | | | | | — | | | | | | N/A | | |
September 30, 2010
|
| | | $ | 174,000 | | | | | $ | 2,487 | | | | | | — | | | | | | N/A | | |
September 30, 2011
|
| | | $ | 254,369 | | | | | $ | 2,240 | | | | | | — | | | | | | N/A | | |
September 30, 2012
|
| | | $ | 228,800 | | | | | $ | 2,632 | | | | | | — | | | | | | N/A | | |
September 30, 2013
|
| | | $ | 232,600 | | | | | $ | 3,717 | | | | | | — | | | | | | N/A | | |
September 30, 2014
|
| | | $ | 488,400 | | | | | $ | 2,491 | | | | | | — | | | | | | N/A | | |
September 30, 2015
|
| | | $ | 588,250 | | | | | $ | 2,373 | | | | | | — | | | | | | N/A | | |
September 30, 2016
|
| | | $ | 587,700 | | | | | $ | 2,488 | | | | | | — | | | | | | N/A | | |
September 30, 2017
|
| | | $ | 514,100 | | | | | $ | 2,852 | | | | | | — | | | | | | N/A | | |
September 30, 2018
|
| | | $ | 568,183 | | | | | $ | 2,695 | | | | | | — | | | | | | N/A | | |
March 31, 2019 (unaudited)
|
| | | $ | 764,173 | | | | | $ | 2,250 | | | | | | — | | | | | | N/A | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
1A Smart Start LLC
|
| |
500 E Dallas Rd
Suite 100 Grapevine, TX 76051 |
| |
Home and Office
Furnishings, Housewares, and Durable Consumer |
| | Senior loan~ | | | L + 4.50% (a) | | |
7.00%
|
| |
02/2022
|
| |
$846
|
| | | | — | | |
Abita Brewing Co., L.L.C.
|
| |
21084 Highway 36
Covington, LA 70433 |
| |
Beverage, Food and
Tobacco |
| | One stop | | | L + 5.75% (a) | | |
8.25%
|
| |
04/2021
|
| |
6,939
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
04/2021
|
| |
—
|
| | | | — | | |
Accela, Inc.
|
| |
2633 Camino Ramon,
Suite 500 San Ramo, CA 94583 |
| |
Diversified/
Conglomerate Service |
| | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
09/2023
|
| |
5,050
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (c) | | |
8.85%
|
| |
09/2023
|
| |
46
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
167
|
| | | | 0.1 % | | |
Active Day, Inc.
|
| |
6 Neshaminy Interplex
Suite 401 Trevose, PA 19053 |
| |
Healthcare, Education
and Childcare |
| | One stop | | | L + 6.00% (c) | | |
8.60%
|
| |
12/2021
|
| |
12,801
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.00% (c) | | |
8.60%
|
| |
12/2021
|
| |
988
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.00% (c) | | |
8.60%
|
| |
12/2021
|
| |
637
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.00% (c) | | |
8.60%
|
| |
12/2021
|
| |
440
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (c) | | |
8.60%
|
| |
12/2021
|
| |
49
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
370
|
| | | | 0.5 % | | |
Acuity Eyecare Holdings, LLC
|
| |
211 East Broadway
Alton, IL 62002 |
| |
Healthcare, Education
and Childcare |
| | One stop | | | L + 6.25% (c) | | |
8.92%
|
| |
03/2022
|
| |
2,564
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (c) | | |
8.88%
|
| |
03/2022
|
| |
202
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.91%
|
| |
03/2022
|
| |
149
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% | | |
N/A
(7)
|
| |
03/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% | | |
N/A
(7)
|
| |
12/2020
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
424
|
| | | | 0.2 % | | |
ADCS Clinics Intermediate
Holdings, LLC |
| |
151 Southhall Lane,
Suite 300 Maitland, FL 32751 |
| |
Healthcare, Education
and Childcare |
| | One stop~ | | | L + 5.75% (a) | | |
8.25%
|
| |
05/2022
|
| |
20,957
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.75% (a) | | |
8.25%
|
| |
05/2022
|
| |
107
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.75% (a) | | |
8.25%
|
| |
05/2022
|
| |
83
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.75% (a) | | |
8.25%
|
| |
05/2022
|
| |
31
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 4.75% (f) | | |
10.25%
|
| |
05/2022
|
| |
25
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
455
|
| | | | 0.0 % (17) | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.2 % | | |
Agilitas USA, Inc.
|
| |
2001 Mallory Lane,
Suite 201 Franklin, TN 37067 |
| |
Healthcare, Education
and Childcare |
| | One stop* | | | L + 5.50% (c) | | |
8.30%
|
| |
04/2022
|
| |
8,312
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (c) | | |
8.30%
|
| |
04/2022
|
| |
10
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
04/2022
|
| |
—
|
| | | | — | | |
Agility Recovery Solutions
Inc. |
| |
2101 Rexford Road,
Suite 350E Charlotte, NC 28211 |
| |
Diversified/
Conglomerate Service |
| | One stop^* | | | L + 6.00% (a) | | |
8.50%
|
| |
03/2023
|
| |
15,789
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (a) | | |
8.49%
|
| |
03/2023
|
| |
139
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
436
|
| | | | 0.4 % | | |
Anaqua, Inc.
|
| |
31 St. James Ave,
11th FL Boston, MA 02116 |
| |
Diversified/
Conglomerate Service |
| | One stop^* | | | L + 6.50% (c) | | |
9.26%
|
| |
07/2022
|
| |
6,913
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% | | |
N/A
(7)
|
| |
07/2022
|
| |
—
|
| | | | — | | |
Appriss Holdings, Inc.
|
| |
10401 Linn Station Road
Louisville, KY 40223 |
| | Electronics | | | One stop^*~ | | | L + 5.75% (c) | | |
8.35%
|
| |
05/2022
|
| |
36,306
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% (c) | | |
8.38%
|
| |
05/2022
|
| |
732
|
| | | | — | | |
Apptio, Inc.
|
| |
11100 NE 8th St.
Suite 600 Bellevue, WA 98004 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 7.25% (a) | | |
9.74%
|
| |
01/2025
|
| |
21,780
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 7.25% | | |
N/A
(7)
|
| |
01/2025
|
| |
(2)
|
| | | | — | | |
Arcos, LLC
|
| |
445 Hutchinson Ave,
Suite 600 Columbus OH 43235 |
| | Utilities | | | One stop~ | | | L + 5.75% (c) | | |
8.35%
|
| |
02/2021
|
| |
8,663
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
02/2021
|
| |
—
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
Aris Teleradiology Company,
LLC |
| |
5655 Hudson Drive,
Ste 210 Hudson, OH 44236 |
| |
Healthcare, Education
and Childcare |
| | Senior loan (8) | | | L + 5.50% (c) | | |
8.10%
|
| |
03/2021
|
| |
$709
|
| | | | — | | |
| | | | | | | | | Senior loan (8) | | | L + 5.50% (c) | | |
8.29%
|
| |
03/2021
|
| |
71
|
| | | | — | | |
AutoQuotes, LLC
|
| |
8800 Baymeadows Way West,
Suite 500 Jacksonville, FL 32256 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 6.00% (c) | | |
8.63%
|
| |
11/2024
|
| |
4,635
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
11/2024
|
| |
—
|
| | | | — | | |
Batteries Plus Holding
Corporation |
| |
1325 Walnut Ridge Dr.
Hartland, WI 53029 |
| | Retail Stores | | | One stop | | | L + 6.75% (a) | | |
9.25%
|
| |
07/2022
|
| |
11,872
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 5.75% (f) | | |
0.1125
|
| |
07/2022
|
| |
7
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
800
|
| | | | 0.2 % | | |
Bazaarvoice, Inc.
|
| |
3900 N. Capital of TX Hwy,
Suite 300 Austin, TX 78746 |
| |
Diversified/
Conglomerate Service |
| | One stop*~ | | | L + 5.75% (a) | | |
8.25%
|
| |
02/2024
|
| |
19,319
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% (a) | | |
8.25%
|
| |
02/2024
|
| |
50
|
| | | | — | | |
Benetech, Inc.
|
| |
2245 Sequoia Dr.,
Suite 300 Aurora, IL 60506 |
| |
Mining, Steel, Iron and
Non-Precious Metals |
| | One stop (9)(14) | | | L + 10.00% (a) | | |
10.50% cash/
2.00% PIK |
| |
05/2019
|
| |
4,164
|
| | | | — | | |
| | | | | | | | | One stop (9)(14) | | | P + 8.75% (a)(f) | | |
11.91% cash/
2.00% PIK |
| |
05/2019
|
| |
209
|
| | | | — | | |
| | | | | | | | | LLC interest (9)(14) | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 10.2 % | | |
| | | | | | | | | LLC interest (9)(14) | | | N/A | | |
N/A
|
| |
N/A
|
| |
16
|
| | | | 10.2 % | | |
Benihana, Inc.
|
| |
8685 NW 53rd Terrace
#201 Miami, FL 33166 |
| |
Beverage, Food and
Tobacco |
| | Equity | | | N/A | | |
N/A
|
| |
N/A
|
| |
1,039
|
| | | | 0.7 % | | |
BIO18 Borrower, LLC
|
| |
2300 Englert Dr
Durham, NC, 27713 |
| |
Healthcare, Education
and Childcare |
| | One stop~ | | | L + 5.50% (c) | | |
8.13%
|
| |
11/2024
|
| |
7,224
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (b) | | |
8.06%
|
| |
11/2024
|
| |
33
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
11/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | Equity | | | N/A | | |
N/A
|
| |
N/A
|
| |
484
|
| | | | 0.1 % | | |
BIOVT, LLC
|
| |
123 Frost Street,
Suite 115 Westbury, NY 11590 |
| |
Healthcare, Education
and Childcare |
| | One stop^* | | | L + 5.75% (a) | | |
8.25%
|
| |
01/2021
|
| |
18,394
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.75% (a) | | |
8.25%
|
| |
01/2021
|
| |
161
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
01/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
01/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
722
|
| | | | 0.2 % | | |
Boot Barn, Inc.
|
| |
15776 Laguna Canyon Rd.
Irvine, CA 92618 |
| | Retail Stores | | | Senior loan | | | L + 4.50% (c) | | |
7.10%
|
| |
06/2021
|
| |
393
|
| | | | — | | |
Brandmuscle, Inc.
|
| |
233 S. Wacker Drive,
Suite 4400 Chicago, IL 60606 |
| |
Printing and
Publishing |
| | Senior loan^ | | | L + 5.00% (c) | | |
7.60%
|
| |
12/2021
|
| |
618
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
107
|
| | | | 0.3 % | | |
Brooks Equipment Company,
LLC |
| |
10926 David Taylor Drive,
Suite 300 Charlotte, NC 28262 |
| |
Buildings and Real
Estate |
| | One stop^* | | | L + 5.00% (c) | | |
7.63%
|
| |
08/2020
|
| |
21,096
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.00% (c) | | |
7.66%
|
| |
08/2020
|
| |
2,107
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 3.75% (f) | | |
9.25%
|
| |
08/2020
|
| |
178
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
2,393
|
| | | | 0.7 % | | |
C. J. Foods, Inc.
|
| |
21 Main Street
Bern, KS 66408 |
| |
Beverage, Food and
Tobacco |
| | One stop^*~ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2020
|
| |
8,539
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2020
|
| |
646
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (c) | | |
8.86%
|
| |
05/2020
|
| |
560
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
580
|
| | | | 0.2 % | | |
Cafe Rio Holding, Inc.
|
| |
215 North Admiral Byrd Road,
Suite 100 Salt Lake City, UT 84116 |
| |
Beverage, Food and
Tobacco |
| | One stop^ | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2023
|
| |
10,318
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2023
|
| |
125
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2023
|
| |
79
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2023
|
| |
70
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
| | | | | | | | | One stop | | | P + 4.50% (f) | | |
10.00%
|
| |
09/2023
|
| |
$2
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
09/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
271
|
| | | | 0.1 % | | |
Caliper Software, Inc.
|
| |
315 Capitol Street,
Suite 100 Houston, TX 77090 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 5.50% (a) | | |
8.00%
|
| |
11/2025
|
| |
6,185
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
11/2023
|
| |
9
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
1,280
|
| | | | 0.4 % | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
100
|
| | | | 0.0 % (17) | | |
Captain D’s, LLC
|
| |
624 Grassmere Drive,
Suite 30 Nashville, TN 37211 |
| |
Personal, Food and
Miscellaneous Services |
| | Senior loan^ | | | L + 4.50% (a) | | |
6.99%
|
| |
12/2023
|
| |
3,881
|
| | | | — | | |
| | | | | | | | | Senior loan | | | P + 3.50% (a)(f) | | |
8.18%
|
| |
12/2023
|
| |
21
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
44
|
| | | | 0.1 % | | |
Captive Resources Midco,
LLC |
| |
201 East Commerce Drive
Schaumburg, IL 60173 |
| | Insurance | | | One stop^*~ | | | L + 5.75% (a) | | |
8.25%
|
| |
12/2021
|
| |
33,443
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
12/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
12/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units (13) | | | N/A | | |
N/A
|
| |
N/A
|
| |
534
|
| | | | 0.1 % | | |
Centrify Corporation
|
| |
3300 Tannery Way
Santa Clara, CA 95054 |
| |
Diversified/
Conglomerate Service |
| | One stop* | | | L + 6.25% (c) | | |
8.86%
|
| |
08/2024
|
| |
10,701
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 5.25% (f) | | |
10.75%
|
| |
08/2024
|
| |
147
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
300
|
| | | | 0.1 % | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.1 % | | |
Chase Industries, Inc.
|
| |
10021 Commerce Park Dr.
Cincinnati, OH 45246 |
| |
Diversified/
Conglomerate Manufacturing |
| | Senior loan~ | | | L + 4.00% (c)(f) | | |
6.61%
|
| |
05/2025
|
| |
6,836
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.00% (c)(f) | | |
6.65%
|
| |
05/2023
|
| |
83
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.00% (c)(f) | | |
6.60%
|
| |
05/2025
|
| |
12
|
| | | | — | | |
Clarkson Eyecare LLC
|
| |
15933 Clayton Road,
Suite 210 Ballwin, MO 63011 |
| |
Personal, Food and
Miscellaneous Services |
| | One stop | | | L + 6.25% (c) | | |
8.96%
|
| |
04/2021
|
| |
32
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (a)(c) | | |
8.75%
|
| |
04/2021
|
| |
1
|
| | | | — | | |
Clearwater Analytics, LLC
|
| |
777 W. Maine St.
Suite 900 Boise, ID 83702 |
| |
Diversified/
Conglomerate Service |
| | One stop^* | | | L + 5.00% (a) | | |
7.50%
|
| |
09/2022
|
| |
8,532
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% | | |
N/A
(7)
|
| |
09/2022
|
| |
—
|
| | | | — | | |
Cloudbees, Inc.
|
| |
2001 Gateway Place,
Suite 670W San Jose, CA 95110 |
| |
Diversified/
Conglomerate Service |
| | One stop | | | L + 9.00% (a) | | |
10.99% cash/
0.50% PIK |
| |
05/2023
|
| |
1,903
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 9.00% | | |
N/A
(7)
|
| |
05/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
205
|
| | | | — | | |
| | | | | | | | | Warrant | | | N/A | | |
N/A
|
| |
N/A
|
| |
68
|
| | | | — | | |
CLP Healthcare Services,
Inc. |
| |
Creekside Crossing IV,
12 Cadillac Dr., Ste 360 Brentwood, TN 37027 |
| |
Healthcare, Education
and Childcare |
| | Senior loan^ | | | L + 5.25% (a) | | |
7.75%
|
| |
12/2020
|
| |
3,865
|
| | | | — | | |
Community Veterinary
Partners, LLC |
| |
100 N. 20th Street,
Suite 302 Phiadelphia, PA 19103 |
| |
Personal, Food and
Miscellaneous Services |
| | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
10/2021
|
| |
281
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (c) | | |
8.10%
|
| |
10/2021
|
| |
111
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (c) | | |
8.10%
|
| |
10/2021
|
| |
99
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (c) | | |
8.10%
|
| |
10/2021
|
| |
94
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (c) | | |
8.10%
|
| |
10/2021
|
| |
84
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (c) | | |
8.10%
|
| |
10/2021
|
| |
75
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (c) | | |
8.10%
|
| |
10/2021
|
| |
6
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
10/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
352
|
| | | | 0.2 % | | |
Compusearch Software
Holdings, Inc. |
| |
21251 Ridgetop Circle,
Suite 100 Dulles, VA 20166 |
| | Electronics | | | Senior loan^~ | | | L + 4.25% (c) | | |
6.75%
|
| |
05/2021
|
| |
2,057
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
Confluence Technologies,
Inc. |
| |
Nova Tower One
One Allegheny Square, Suite 800 Pittsburgh, PA 15212 |
| |
Diversified/
Conglomerate Service |
| | One stop | | | L + 7.50% (a) | | |
9.99%
|
| |
03/2024
|
| |
$6,998
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 7.50% | | |
N/A
(7)
|
| |
03/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
133
|
| | | | 0.1 % | | |
Connexin Software, Inc.
|
| |
602 W. Office Center Drive,
Suite 350 Fort Washington, PA 19034 |
| |
Diversified/
Conglomerate Service |
| | One stop | | | L + 8.50% (a) | | |
11.00%
|
| |
02/2024
|
| |
2,401
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 8.50% | | |
N/A
(7)
|
| |
02/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
96
|
| | | | — | | |
Conservice, LLC
|
| |
99 East 700 South
Logan, UT 84321 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 5.25% (a) | | |
7.75%
|
| |
12/2024
|
| |
1,788
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% | | |
N/A
(7)
|
| |
12/2024
|
| |
—
|
| | | | — | | |
CRH Healthcare Purchaser,
Inc. |
| |
2675 Paces Ferry Road SE,
Suite 2000 Atlanta, GA 30339 |
| |
Healthcare, Education
and Childcare |
| | Senior loan~ | | | L + 4.50% (c) | | |
7.10%
|
| |
12/2024
|
| |
8,245
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.50% | | |
N/A
(7)
|
| |
12/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.50% | | |
N/A
(7)
|
| |
12/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
201
|
| | | | 0.1 % | | |
CST Buyer Company
|
| |
11035 Aurora Ave
Urbandale, IA 50322 |
| |
Home and Office
Furnishings, Housewares, and Durable Consumer |
| | One stop^ | | | L + 5.00% (a) | | |
7.50%
|
| |
03/2023
|
| |
2,357
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% | | |
N/A
(7)
|
| |
03/2023
|
| |
—
|
| | | | — | | |
Cycle Gear, Inc.
|
| |
4705 Industrial Way
Benicia, CA 94510 |
| | Retail Stores | | | One stop^ | | | L + 5.00% (c) | | |
7.80%
|
| |
01/2021
|
| |
10,357
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.00% (c) | | |
7.80%
|
| |
01/2021
|
| |
600
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
426
|
| | | | 0.2 % | | |
Datto, Inc.
|
| |
101 Merrott 7,
7th Floor Norwalk, CT 06851 |
| |
Diversified/
Conglomerate Service |
| | One stop*~ | | | L + 8.00% (c) | | |
10.49%
|
| |
12/2022
|
| |
11,156
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 8.00% | | |
N/A
(7)
|
| |
12/2022
|
| |
—
|
| | | | — | | |
Daxko Acquisition
Corporation |
| |
600 University Park Place,
Suite 500 Birmingham, AL 35209 |
| |
Diversified/
Conglomerate Service |
| | One stop^* | | | L + 4.75% (a) | | |
7.25%
|
| |
09/2023
|
| |
11,190
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.75% | | |
N/A
(7)
|
| |
09/2023
|
| |
—
|
| | | | — | | |
DCA Investment Holding,
LLC |
| |
6240 Lake
Osprey Dr Sarasota, FL 34240 |
| |
Healthcare, Education
and Childcare |
| | One stop^* | | | L + 5.25% (c) | | |
7.85%
|
| |
07/2021
|
| |
18,488
|
| | | | — | | |
| | | | | | | | | One stop^*~ | | | L + 5.25% (c) | | |
7.85%
|
| |
07/2021
|
| |
13,261
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.25% (c) | | |
7.85%
|
| |
07/2021
|
| |
2,437
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% (c) | | |
7.85%
|
| |
07/2021
|
| |
216
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.25% (c) | | |
7.85%
|
| |
07/2021
|
| |
151
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.25% (c) | | |
7.85%
|
| |
07/2021
|
| |
148
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.25% (c) | | |
7.85%
|
| |
07/2021
|
| |
47
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 4.25% (f) | | |
9.75%
|
| |
07/2021
|
| |
26
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% | | |
N/A
(7)
|
| |
07/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
1,142
|
| | | | 0.2 % | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
259
|
| | | | 0.2 % | | |
Deca Dental Management
LLC |
| |
14285 Midway Road,
Suite 160 Addison, Texas 75001 |
| |
Healthcare, Education
and Childcare |
| | One stop^* | | | L + 6.00% (c) | | |
8.60%
|
| |
12/2021
|
| |
4,042
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.00% (a)(c) | | |
8.55%
|
| |
12/2021
|
| |
492
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.00% (c) | | |
8.60%
|
| |
12/2021
|
| |
356
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (c) | | |
8.70%
|
| |
12/2021
|
| |
26
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (a) | | |
8.50%
|
| |
12/2021
|
| |
8
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
436
|
| | | | 0.4 % | | |
Dent Wizard International
Corporation |
| |
4710 Earth City Expressway
Bridgeton, MO 63044 |
| | Automobile | | | Senior loan~ | | | L + 4.00% (a) | | |
6.50%
|
| |
04/2020
|
| |
4,454
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
Dental Holdings
Corporation |
| |
775 Wayzata Boulevard,
Suite 890 Minneapolis, MN 55416-1232 |
| |
Healthcare, Education
and Childcare |
| | One stop | | | L + 6.00% (c) | | |
8.63%
|
| |
02/2020
|
| |
$7,113
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (c) | | |
8.63%
|
| |
02/2020
|
| |
1,132
|
| | | | — | | |
| | | | | | | | | One stop | | |
L + 6.00%
(a)(b)(f)
|
| |
9.18%
|
| |
02/2020
|
| |
573
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
465
|
| | | | 0.6 % | | |
Digital Guardian, Inc.
|
| |
860 Winter Street,
Suite 3 Waltham, MA 02451 |
| |
Diversified/
Conglomerate Service |
| | One stop | | | L + 9.00% (c) | | |
10.80% cash/
1.00% PIK |
| |
06/2023
|
| |
4,228
|
| | | | — | | |
| | | | | | | | | Subordinated debt | | | N/A | | |
8.00% PIK
|
| |
01/2020
|
| |
202
|
| | | | — | | |
| | | | | | | | | Subordinated debt | | | N/A | | |
8.00% PIK
|
| |
04/2019
|
| |
20
|
| | | | — | | |
| | | | | | | | | Subordinated debt | | | N/A | | |
8.00% PIK
|
| |
06/2023
|
| |
4
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 5.00% | | |
N/A
(7)
|
| |
06/2023
|
| |
(1)
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 9.00% | | |
N/A
(7)
|
| |
06/2023
|
| |
2
|
| | | | — | | |
| | | | | | | | | Warrant | | | N/A | | |
N/A
|
| |
N/A
|
| |
1
|
| | | | — | | |
Diligent Corporation
|
| |
1385 Broadway,
19th Floor New York, NY 10018 |
| | Electronics | | | One stop*~ | | | L + 5.50% (c) | | |
8.10%
|
| |
04/2022
|
| |
26,001
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (c) | | |
8.10%
|
| |
04/2022
|
| |
4,854
|
| | | | — | | |
| | | | | | | | | One stop*~ | | | L + 5.50% (c) | | |
8.10%
|
| |
04/2022
|
| |
4,766
|
| | | | — | | |
| | | | | | | | | One stop^* | | | L + 5.50% (c) | | |
8.10%
|
| |
04/2022
|
| |
2,609
|
| | | | — | | |
| | | | | | | | | One stop | | |
L + 5.50%
(c)(d)
|
| |
8.23%
|
| |
04/2022
|
| |
172
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (c) | | |
8.39%
|
| |
04/2022
|
| |
101
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (d) | | |
8.19%
|
| |
04/2022
|
| |
81
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (d) | | |
8.35%
|
| |
04/2022
|
| |
55
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (d) | | |
8.35%
|
| |
04/2022
|
| |
39
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (d) | | |
8.19%
|
| |
04/2022
|
| |
36
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
04/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
216
|
| | | | 0.0 % (17) | | |
DISA Holdings Acquisition
Subsidiary Corp. |
| |
12600 Northborough Dr.
Suite 300 Houston, TX 77067 |
| |
Diversified/
Conglomerate Service |
| | Senior loan~ | | | L + 4.00% (c)(f) | | |
6.69%
|
| |
06/2022
|
| |
2,079
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.00% (c)(f) | | |
6.69%
|
| |
06/2022
|
| |
2
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.00% | | |
N/A
(7)
|
| |
06/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
286
|
| | | | 0.1 % | | |
Drilling Info Holdings, Inc.
|
| |
2901 Via Fortuna,
Suite 200 Austin, TX 78746 |
| | Oil and Gas | | | Senior loan*~ | | | L + 4.25% (a) | | |
6.75%
|
| |
07/2025
|
| |
14,548
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% | | |
N/A
(7)
|
| |
07/2025
|
| |
—
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% | | |
N/A
(7)
|
| |
07/2023
|
| |
—
|
| | | | — | | |
DTLR, Inc.
|
| |
7455 N North Ridge Rd
Hanover, MD 21076 |
| | Retail Stores | | | One stop^* | | | L + 6.50% (c) | | |
9.24%
|
| |
08/2022
|
| |
22,616
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
830
|
| | | | 0.3 % | | |
E2open, LLC
|
| |
4100 East Third Ave,
Suite 400 Foster City, CA 94404 |
| |
Diversified/
Conglomerate Service |
| | One stop*~ | | | L + 5.00% (c) | | |
7.63%
|
| |
11/2024
|
| |
36,857
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% (c) | | |
7.66%
|
| |
11/2024
|
| |
625
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% | | |
N/A
(7)
|
| |
11/2024
|
| |
—
|
| | | | — | | |
EGD Security Systems, LLC
|
| |
121 Executive Center Drive,
Suite 230 Columbia, SC 29210 |
| |
Diversified/
Conglomerate Service |
| | One stop | | | L + 6.25% (c) | | |
8.85%
|
| |
06/2022
|
| |
11,113
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (c) | | |
8.85%
|
| |
06/2022
|
| |
100
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.88%
|
| |
06/2022
|
| |
98
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.99%
|
| |
06/2022
|
| |
52
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (c) | | |
8.86%
|
| |
06/2022
|
| |
25
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% | | |
N/A
(7)
|
| |
06/2022
|
| |
—
|
| | | | — | | |
Elite Dental Partners LLC
|
| |
1 East Wacker Drive,
Suite 2520 Chicago, IL 60601 |
| |
Healthcare, Education
and Childcare |
| | One stop* | | | L + 5.25% (a) | | |
7.75%
|
| |
06/2023
|
| |
12,212
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% (a) | | |
7.75%
|
| |
06/2023
|
| |
128
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
| | | | | | | | | One stop | | | L + 5.25% (a) | | |
7.75%
|
| |
06/2023
|
| |
$120
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.25% (a) | | |
7.75%
|
| |
06/2023
|
| |
114
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.25% (a) | | |
7.75%
|
| |
06/2023
|
| |
110
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% (a) | | |
7.75%
|
| |
06/2023
|
| |
8
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
456
|
| | | | 0.3 % | | |
Elite Sportswear, L.P.
|
| |
2136 N.
13th Street Reading, PA 19604 |
| | Retail Stores | | | Senior loan | | | L + 5.75% (c) | | |
8.35%
|
| |
06/2020
|
| |
6,185
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.75% (c) | | |
8.35%
|
| |
06/2020
|
| |
2,487
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.75% (c) | | |
8.35%
|
| |
06/2020
|
| |
1,280
|
| | | | — | | |
| | | | | | | | | Senior loan | | |
L + 5.75%
(c)(d)
|
| |
8.51%
|
| |
06/2020
|
| |
745
|
| | | | — | | |
| | | | | | | | | Senior loan* | | | L + 5.75% (c) | | |
8.35%
|
| |
06/2020
|
| |
420
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.75% (c) | | |
8.35%
|
| |
06/2020
|
| |
194
|
| | | | — | | |
| | | | | | | | | Senior loan* | | | L + 5.75% (c) | | |
8.35%
|
| |
06/2020
|
| |
185
|
| | | | — | | |
| | | | | | | | | Senior loan | | |
L + 5.75%
(c)(d)
|
| |
8.51%
|
| |
06/2020
|
| |
19
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.2 % | | |
Encore GC Acquisition,
LLC |
| |
30230 Orchard Lake Road,
Suite 140 Farmington Hills, MI 48334 |
| |
Healthcare, Education
and Childcare |
| | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
249
|
| | | | 0.1 % | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
44
|
| | | | 0.1 % | | |
EOS Fitness Opco Holdings,
LLC |
| |
1 East Washington Street
Phoenix, AZ 85004 |
| |
Leisure, Amusement,
Motion Pictures, Entertainment |
| | One stop~ | | | L + 4.75% (a) | | |
7.25%
|
| |
01/2025
|
| |
4,784
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 3.75% (f) | | |
9.25%
|
| |
01/2025
|
| |
6
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.75% | | |
N/A
(7)
|
| |
01/2025
|
| |
—
|
| | | | — | | |
Episerver, Inc.
|
| |
Cargo Works – Enterprise
House 1-2 Hatfields London, SE1 9PG United Kingdom |
| | Electronics | | | One stop~ (9)(10) | | | L + 6.00% (a) | | |
6.00%
|
| |
10/2024
|
| |
9,724
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.75% (a) | | |
8.25%
|
| |
10/2024
|
| |
5,775
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
10/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | Equity | | | N/A | | |
N/A
|
| |
N/A
|
| |
383
|
| | | | 0.0 % (17) | | |
ERG Buyer, LLC
|
| |
12 New Providence Road
Watchung, NJ 07069 |
| |
Healthcare, Education
and Childcare |
| | One stop* | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2024
|
| |
12,330
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 5.50% | | |
N/A
(7)
|
| |
05/2024
|
| |
(9)
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 5.50% | | |
N/A
(7)
|
| |
05/2024
|
| |
(45)
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
194
|
| | | | 0.3 % | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.3 % | | |
eSolutions, Inc.
|
| |
8215 W 108th Terrace
Overland Park, KS 66210 |
| |
Healthcare, Education
and Childcare |
| | One stop^*~ | | | L + 6.50% (a) | | |
9.00%
|
| |
03/2022
|
| |
31,557
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% (a) | | |
8.99%
|
| |
03/2022
|
| |
46
|
| | | | — | | |
Excelligence Learning
Corporation |
| |
2 Lower Ragsdale Drive
Monterey, CA 93940 California, CA 93940 |
| |
Healthcare, Education
and Childcare |
| | One stop^ | | | L + 6.00% (a) | | |
8.50%
|
| |
04/2023
|
| |
4,042
|
| | | | — | | |
Eyecare Services Partners
Holdings LLC |
| |
2727 N. Harwood,
Suite 250 Dallas, TX 75201 |
| |
Healthcare, Education
and Childcare |
| | One stop | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2023
|
| |
7,728
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2023
|
| |
561
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2023
|
| |
346
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (c) | | |
9.00%
|
| |
05/2023
|
| |
196
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2023
|
| |
168
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2023
|
| |
98
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2023
|
| |
56
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2023
|
| |
49
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2023
|
| |
32
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2023
|
| |
31
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
88
|
| | | | 0.0 % (17) | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.0 % (17) | | |
Feeders Supply Company,
LLC |
| |
315 Baxter Ave.
Louisville, KY 40204 |
| | Retail Stores | | | One stop | | | L + 5.75% (a) | | |
8.25%
|
| |
04/2021
|
| |
4,754
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
| | | | | | | | | Subordinated debt | | | N/A | | |
12.50% cash/
7.00% PIK |
| |
04/2021
|
| |
$69
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
04/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
201
|
| | | | 0.5 % | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.5 % | | |
Fintech Midco, LLC
|
| |
3109 W. Dr.
Martin Luther King Jr. Blvd, Suite 200 Tampa, FL 33607 |
| |
Beverage, Food and
Tobacco |
| | One stop*~ | | | L + 5.25% (a) | | |
7.75%
|
| |
08/2024
|
| |
12,930
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% (a) | | |
7.75%
|
| |
08/2024
|
| |
80
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% | | |
N/A
(7)
|
| |
08/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% | | |
N/A
(7)
|
| |
08/2024
|
| |
—
|
| | | | — | | |
Flavor Producers, LLC
|
| |
8521 Fallbrook Ave
#380 West Hills, CA 91304 |
| |
Beverage, Food and
Tobacco |
| | Senior loan~ | | | L + 4.75% (c) | | |
7.35%
|
| |
12/2023
|
| |
2,235
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.75% | | |
N/A
(7)
|
| |
12/2022
|
| |
—
|
| | | | — | | |
Flexan, LLC
|
| |
6626 W. Dakin Street
Chicago, IL 60634 |
| |
Chemicals, Plastics and
Rubber |
| | One stop* | | | L + 5.75% (c) | | |
8.35%
|
| |
02/2020
|
| |
2,298
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.75% (c) | | |
8.35%
|
| |
02/2020
|
| |
1,080
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 4.50% (f) | | |
10.00%
|
| |
02/2020
|
| |
17
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
81
|
| | | | 0.1 % | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.1 % | | |
FWR Holding Corporation
|
| |
8027 Cooper Creek Blvd.
#103 University Park, FL 34201 |
| |
Beverage, Food and
Tobacco |
| | One stop^ | | | L + 5.50% (a) | | |
8.00%
|
| |
08/2023
|
| |
5,232
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
08/2023
|
| |
102
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
08/2023
|
| |
64
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
7.99%
|
| |
08/2023
|
| |
50
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
08/2023
|
| |
17
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
08/2023
|
| |
—
|
| | | | — | | |
G & H Wire Company, Inc.
|
| |
2165 Earlywood Drive
Franklin, IN 46131 |
| |
Healthcare, Education
and Childcare |
| | One stop^ | | | L + 5.75% (b) | | |
8.33%
|
| |
09/2023
|
| |
5,397
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
09/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
88
|
| | | | 0.2 % | | |
Gamma Technologies, LLC
|
| |
601 Oakmont Lane,
Suite 220 Westmont, IL 60559 |
| | Electronics | | | One stop^*~ | | | L + 5.50% (a) | | |
8.00%
|
| |
06/2024
|
| |
21,372
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
06/2024
|
| |
—
|
| | | | — | | |
Georgica Pine Clothiers,
LLC |
| |
236 – 250 Greenpoint Ave
Bldg 6, 2nd Floor Brooklyn, NY 11222 |
| |
Personal and Non
Durable Consumer Products (Mfg. Only) |
| | One stop | | | L + 5.50% (c) | | |
8.10%
|
| |
11/2022
|
| |
5,592
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (c) | | |
8.10%
|
| |
11/2022
|
| |
3,501
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
11/2022
|
| |
487
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (c) | | |
8.10%
|
| |
11/2022
|
| |
342
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (c)(f) | | |
8.91%
|
| |
11/2022
|
| |
35
|
| | | | — | | |
| | | | | | | | | LLC units (13) | | | N/A | | |
N/A
|
| |
N/A
|
| |
153
|
| | | | 0.1 % | | |
Global ID Corporation
|
| |
504 N 4th Street,
Suite 204 Fairfield, IA 52556 |
| |
Beverage, Food and
Tobacco |
| | One stop* | | | L + 6.50% (c) | | |
9.13%
|
| |
11/2021
|
| |
5,118
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.50% (c) | | |
9.13%
|
| |
11/2021
|
| |
71
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% (c) | | |
9.13%
|
| |
11/2021
|
| |
43
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% | | |
N/A
(7)
|
| |
11/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
359
|
| | | | 0.2 % | | |
Grease Monkey International,
LLC |
| |
5575 DTC Pkwy
Suite 100 Greenwood Village, CO 80111 |
| | Automobile | | | Senior loan^* | | | L + 5.00% (a) | | |
7.50%
|
| |
11/2022
|
| |
4,838
|
| | | | — | | |
| | | | | | | | | Senior loan~ | | | L + 5.00% (a) | | |
7.50%
|
| |
11/2022
|
| |
149
|
| | | | — | | |
| | | | | | | | | Senior loan~ | | | L + 5.00% (a) | | |
7.50%
|
| |
11/2022
|
| |
105
|
| | | | — | | |
| | | | | | | | | Senior loan~ | | | L + 5.00% (a) | | |
7.50%
|
| |
11/2022
|
| |
75
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.00% (a) | | |
7.50%
|
| |
11/2022
|
| |
43
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
| | | | | | | | | Senior loan | | | L + 5.00% (a) | | |
7.50%
|
| |
11/2022
|
| |
$12
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
701
|
| | | | 0.5 % | | |
GS Acquisitionco, Inc.
|
| |
3301 Benson Drive,
#201 Releigh, NC 27609 |
| |
Diversified/
Conglomerate Service |
| | One stop*~ | | | L + 5.25% (a) | | |
7.75%
|
| |
05/2024
|
| |
22,725
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.25% (a) | | |
7.75%
|
| |
05/2024
|
| |
873
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% (c) | | |
7.86%
|
| |
05/2024
|
| |
200
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.25% (a) | | |
7.75%
|
| |
05/2024
|
| |
185
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% | | |
N/A
(7)
|
| |
05/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
160
|
| | | | 0.1 % | | |
HealthcareSource HR, Inc.
|
| |
100 Sylvan Road,
Suite 100 Woburn, MA 01801 |
| |
Diversified/
Conglomerate Service |
| | One stop* | | | L + 6.75% (c) | | |
9.35%
|
| |
05/2020
|
| |
23,269
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.75% | | |
N/A
(7)
|
| |
05/2020
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
484
|
| | | | 0.0 % (17) | | |
Hopdoddy Holdings, LLC
|
| |
14850 N. Scottsdale Road,
Suite 265 Scottsdale, AZ 85254 |
| |
Beverage, Food and
Tobacco |
| | Equity | | | N/A | | |
N/A
|
| |
N/A
|
| |
92
|
| | | | 0.5 % | | |
| | | | | | | | | Equity | | | N/A | | |
N/A
|
| |
N/A
|
| |
26
|
| | | | 0.4 % | | |
Hydraulic Authority III
Limited |
| |
199 The Vale Acton
London W3 7QS United Kingdon |
| |
Diversified/
Conglomerate Service |
| |
One stop
(9)(10)(11)
|
| | L + 6.00% (h)(i) | | |
7.00%
|
| |
11/2025
|
| |
6,049
|
| | | | — | | |
| | | | | | | | |
One stop
(9)(10)(11)
|
| | N/A | | |
11.00% PIK
|
| |
11/2028
|
| |
87
|
| | | | — | | |
| | | | | | | | |
One stop
(9)(10)(11)
|
| | L + 6.00% (h) | | |
7.00%
|
| |
11/2025
|
| |
15
|
| | | | — | | |
| | | | | | | | |
Preferred stock
(9)(10)(11)
|
| | N/A | | |
N/A
|
| |
N/A
|
| |
173
|
| | | | 0.4 % | | |
| | | | | | | | |
Common stock
(9)(10)(11)
|
| | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.3 % | | |
ICIMS, Inc.
|
| |
90 Matawan Road Parkway,
5th Floor Matawan, NJ 07747 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 6.50% (a) | | |
8.99%
|
| |
09/2024
|
| |
5,413
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% | | |
N/A
(7)
|
| |
09/2024
|
| |
—
|
| | | | — | | |
III US Holdings, LLC
|
| |
5850 Shellmound Way
Emeryville, CA 94608 |
| |
Diversified/
Conglomerate Service |
| | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
09/2022
|
| |
—
|
| | | | — | | |
ILC Dover, LP
|
| |
One Moonwalker Road
Frederica, DE 19946 |
| |
Aerospace and Defense
|
| | Senior loan~ | | | L + 4.75% (c) | | |
7.63%
|
| |
12/2023
|
| |
9,878
|
| | | | — | | |
Immucor, Inc.
|
| |
3130 Gateway Drive,
PO Box 5625 Norcross, GA 30091 |
| |
Healthcare, Education
and Childcare |
| | Senior loan | | | L + 5.00% (c) | | |
7.60%
|
| |
06/2021
|
| |
1,588
|
| | | | — | | |
Imperial Optical Midco Inc.
|
| |
1602 Tullamore Ave
Bloomington, IL 61704 |
| |
Personal, Food and
Miscellaneous Services |
| | One stop | | | L + 4.75% (b) | | |
7.31%
|
| |
08/2023
|
| |
2,711
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.75% (b) | | |
7.33%
|
| |
08/2023
|
| |
49
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.75% | | |
N/A
(7)
|
| |
08/2023
|
| |
—
|
| | | | — | | |
IMPLUS Footcare, LLC
|
| |
9221 Globe Center Drive,
Suite 120 Morrisvilee, NC 27560 |
| |
Personal and Non
Durable Consumer Products (Mfg. Only) |
| | One stop | | | L + 6.75% (c) | | |
9.35%
|
| |
04/2021
|
| |
57
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.75% (c) | | |
9.35%
|
| |
04/2021
|
| |
9,959
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.75% (c) | | |
9.38%
|
| |
04/2021
|
| |
1,754
|
| | | | — | | |
Imprivata, Inc.
|
| |
10 Maguire Road,
Building 1, Suite 125 Lexinton, MA 02421 |
| |
Diversified/
Conglomerate Service |
| | Senior loan*~ | | | L + 4.00% (c) | | |
6.60%
|
| |
10/2023
|
| |
8,181
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.00% | | |
N/A
(7)
|
| |
10/2023
|
| |
—
|
| | | | — | | |
Infogix, Inc.
|
| |
1240 East Diehl Road,
Suite 400 Naperville, IL 60563 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 6.00% (c) | | |
8.60%
|
| |
04/2024
|
| |
3,313
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.00% (c) | | |
8.60%
|
| |
04/2024
|
| |
512
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
04/2024
|
| |
—
|
| | | | — | | |
Inhance Technologies Holdings
LLC |
| |
16223 Park Row,
Suite 100 Houston, TX 77084 |
| |
Chemicals, Plastics and
Rubber |
| | One stop | | | L + 5.25% (c) | | |
7.84%
|
| |
07/2024
|
| |
6,863
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% | | |
N/A
(7)
|
| |
07/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% | | |
N/A
(7)
|
| |
07/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
61
|
| | | | 0.1 % | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
Institutional Shareholder
Services |
| |
702 King Farm Blvd,
Suite 400 Rockville, MD 02850 |
| | Finance | | | Senior loan~ | | | L + 4.50% (c) | | |
7.10%
|
| |
03/2026
|
| |
$4,776
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.50% (c) | | |
7.10%
|
| |
03/2024
|
| |
6
|
| | | | — | | |
Integral Ad Science, Inc.
|
| |
95 Morton Street,
8th Floor New York, NY 10014 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 7.25% (a) | | |
8.50% cash/
1.25% PIK |
| |
07/2024
|
| |
5,032
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 7.25% | | |
N/A
(7)
|
| |
07/2023
|
| |
(2)
|
| | | | — | | |
IntegraMed America, Inc.
|
| |
2 Manhattanville Road
Purchase, NY 10577 |
| |
Healthcare, Education
and Childcare |
| | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
122
|
| | | | 0.1 % | | |
Integration Appliance, Inc.
|
| |
200 Portage Ave.
Palo Alto, CA 94306 |
| |
Diversified/
Conglomerate Service |
| | One stop^*~ | | | L + 7.25% (a) | | |
9.74%
|
| |
08/2023
|
| |
34,762
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 7.25% (a) | | |
9.74%
|
| |
08/2023
|
| |
749
|
| | | | — | | |
Integrity Marketing
Acquisition, LLC |
| |
9111 Cypress Waters Blvd.
Suite 450 Dallas, TX 75019 |
| | Insurance | | | Senior loan~ | | | L + 4.25% (c) | | |
6.85%
|
| |
11/2025
|
| |
1,733
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% (c) | | |
7.05%
|
| |
11/2025
|
| |
15
|
| | | | — | | |
Internet Pipeline, Inc.
|
| |
222 Valley Creek Boulevard,
Suite 300 Exton, PA 19341 |
| | Insurance | | | One stop | | | L + 4.75% (a) | | |
7.25%
|
| |
08/2022
|
| |
4,786
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 4.75% (a) | | |
7.25%
|
| |
08/2022
|
| |
2,066
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 4.75% (a) | | |
7.25%
|
| |
08/2022
|
| |
782
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.75% | | |
N/A
(7)
|
| |
08/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
105
|
| | | | 0.0 % (17) | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
221
|
| | | | 0.0 % (17) | | |
Inventus Power, Inc.
|
| |
4 Westbrook Corporate Center,
Suite 900 Westchester, IL 60154 |
| |
Diversified/
Conglomerate Manufacturing |
| | One stop^* | | | L + 6.50% (a) | | |
9.00%
|
| |
04/2020
|
| |
6,518
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% (a)(c) | | |
9.04%
|
| |
04/2020
|
| |
236
|
| | | | — | | |
| | | | | | | | | Equity | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.0 % (17) | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
47
|
| | | | 0.3 % | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.3 % | | |
Invoice Cloud, Inc.
|
| |
30 Braintree Hill Office Park,
Suite 303 Braintree, MA 02184 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 6.50% (c) | | |
5.95% cash/
3.25% PIK |
| |
02/2024
|
| |
3,807
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
02/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 6.00% | | |
N/A
(7)
|
| |
02/2024
|
| |
(2)
|
| | | | — | | |
JAMF Holdings, Inc.
|
| |
100 Washington Ave South,
Suite 1100 Minneapolis, MN 55401 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 8.00% (c) | | |
10.69%
|
| |
11/2022
|
| |
5,276
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 8.00% (a) | | |
10.50%
|
| |
11/2022
|
| |
34
|
| | | | — | | |
Jensen Hughes, Inc.
|
| |
3610 Commerce Drive
Suite 817 Baltimore, MD 21227 |
| |
Buildings and Real
Estate |
| | Senior loan | | | L + 4.25% (c)(f) | | |
6.86%
|
| |
03/2024
|
| |
499
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% (c)(f) | | |
6.86%
|
| |
03/2024
|
| |
153
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% (c)(f) | | |
6.86%
|
| |
03/2024
|
| |
32
|
| | | | — | | |
| | | | | | | | | Senior loan | | |
L + 4.25%
(a)(c)(f)
|
| |
6.86%
|
| |
03/2024
|
| |
8
|
| | | | — | | |
Jet Equipment & Tools Ltd.
|
| |
49 Schooner Street
Coquitlam, BC V3K 0B3 |
| | Retail Stores | | | One stop~ (9)(10)(12) | | | L + 5.75% (a) | | |
7.72%
|
| |
11/2024
|
| |
8,357
|
| | | | — | | |
| | | | | | | | | One stop* (9)(12) | | | L + 5.75% (c) | | |
8.38%
|
| |
11/2024
|
| |
4,950
|
| | | | — | | |
| | | | | | | | | One stop~ (9)(12) | | | L + 5.75% (a) | | |
8.25%
|
| |
11/2024
|
| |
2,030
|
| | | | — | | |
| | | | | | | | | One stop (6)(9)(10)(12) | | | L + 5.75% | | |
N/A
(7)
|
| |
11/2024
|
| |
(1)
|
| | | | — | | |
| | | | | | | | | LLC units (9)(10)(12) | | | N/A | | |
N/A
|
| |
N/A
|
| |
555
|
| | | | 0.3 % | | |
Joerns Healthcare, LLC
|
| |
2430 Whitehall Park Drive,
Suite 100 Charlotte, NC 28273 |
| |
Healthcare, Education
and Childcare |
| | One stop^* | | | L + 6.00% (c) | | |
8.63%
|
| |
05/2020
|
| |
2,938
|
| | | | — | | |
Kareo, Inc.
|
| |
3353 Michelson,
Suite 400 Irvine, CA 92612 |
| |
Diversified/
Conglomerate Service |
| | One stop | | | L + 9.00% (a) | | |
11.50%
|
| |
06/2022
|
| |
4,550
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 9.00% (a) | | |
11.50%
|
| |
06/2022
|
| |
417
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 9.00% (a) | | |
11.50%
|
| |
06/2022
|
| |
334
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
| | | | | | | | | One stop | | | L + 9.00% | | |
N/A
(7)
|
| |
06/2022
|
| |
$—
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
4
|
| | | | — | | |
| | | | | | | | | Warrants | | | N/A | | |
N/A
|
| |
N/A
|
| |
4
|
| | | | — | | |
| | | | | | | | | Warrants | | | N/A | | |
N/A
|
| |
N/A
|
| |
5
|
| | | | — | | |
Katena Holdings, Inc.
|
| |
4 Stewart Court
Denville, NJ 07834 |
| |
Healthcare, Education
and Childcare |
| | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
06/2021
|
| |
8,479
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
06/2021
|
| |
828
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (c) | | |
8.10%
|
| |
06/2021
|
| |
565
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 4.50% (f) | | |
10.00%
|
| |
06/2021
|
| |
15
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
389
|
| | | | 0.5 % | | |
Keais Records Service,
LLC |
| |
1010 Lamar Street,
18th Floor Houston, TX 77002 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 4.50% (a) | | |
7.00%
|
| |
10/2024
|
| |
8,790
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.50% | | |
N/A
(7)
|
| |
10/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.50% | | |
N/A
(7)
|
| |
10/2024
|
| |
—
|
| | | | — | | |
Learn-it Systems, LLC
|
| |
3600 Clipper Mill Road,
Suite 330 Baltimore, MD 21211 |
| |
Diversified/
Conglomerate Service |
| | Senior loan~ | | | L + 4.50% (c) | | |
7.11%
|
| |
03/2025
|
| |
867
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.50% (a)(c) | | |
7.05%
|
| |
03/2025
|
| |
10
|
| | | | — | | |
| | | | | | | | | Senior loan (6) | | | L + 4.50% | | |
N/A
(7)
|
| |
03/2025
|
| |
(2)
|
| | | | — | | |
LMP TR Holdings, LLC
|
| |
1516 Demonbreun Street
Nashville, TN 37203 |
| |
Leisure, Amusement,
Motion Pictures, Entertainment |
| | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
1,019
|
| | | | 3.0 % | | |
Lombart Brothers, Inc.
|
| |
5358 Robin
Hood Rd. Norfolk, VA 23513 |
| |
Healthcare, Education
and Childcare |
| | One stop^* | | | L + 6.25% (c) | | |
8.85%
|
| |
04/2023
|
| |
13,419
|
| | | | — | | |
| | | | | | | | | One stop^ (9) | | | L + 6.25% (c) | | |
8.85%
|
| |
04/2023
|
| |
1,619
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 5.00% (f) | | |
10.50%
|
| |
04/2023
|
| |
72
|
| | | | — | | |
| | | | | | | | | One stop (9) | | | P + 5.00% (f) | | |
10.50%
|
| |
04/2023
|
| |
4
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
242
|
| | | | 0.1 % | | |
Marshall Retail Group
LLC, The |
| |
5385 Wynn Road
Las Vegas, NV 89118 |
| | Retail Stores | | | One stop^* | | | L + 6.00% (c) | | |
8.80%
|
| |
08/2020
|
| |
11,896
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 4.75% (f) | | |
10.25%
|
| |
08/2019
|
| |
658
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
119
|
| | | | 0.1 % | | |
Massage Envy, LLC
|
| |
14350 N 87th St,
Suite 200 Scottsdale, AZ 85260 |
| |
Personal and Non
Durable Consumer Products (Mfg. Only) |
| | One stop^*~ | | | L + 6.75% (b) | | |
9.31%
|
| |
09/2020
|
| |
34,657
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.75% (a) | | |
9.24%
|
| |
09/2020
|
| |
98
|
| | | | — | | |
| | | | | | | | | One stop | | |
L + 6.75%
(a)(c)(f)
|
| |
9.51%
|
| |
09/2020
|
| |
75
|
| | | | — | | |
| | | | | | | | | One stop* | | |
L + 6.75%
(a)(b)
|
| |
9.26%
|
| |
09/2020
|
| |
64
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.75% (a)(f) | | |
9.25%
|
| |
09/2020
|
| |
48
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.75% (a)(f) | | |
9.26%
|
| |
09/2020
|
| |
41
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.75% (a)(f) | | |
9.25%
|
| |
09/2020
|
| |
40
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.75% (b) | | |
9.31%
|
| |
09/2020
|
| |
38
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.75% (a)(f) | | |
9.24%
|
| |
09/2020
|
| |
34
|
| | | | — | | |
| | | | | | | | | One stop | | |
L + 6.75%
(a)(b)
|
| |
9.25%
|
| |
09/2020
|
| |
30
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.75% (b) | | |
9.31%
|
| |
09/2020
|
| |
19
|
| | | | — | | |
| | | | | | | | | One stop^ | | |
L + 6.75%
(a)(b)
|
| |
9.26%
|
| |
09/2020
|
| |
15
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.75% | | |
N/A
(7)
|
| |
09/2020
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.75% | | |
N/A
(7)
|
| |
09/2020
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
1,684
|
| | | | 0.4 % | | |
Maverick Bidco Inc.
|
| |
5001 Plaza on the Lake,
Suite 111 Austin, TX 78746 |
| |
Diversified/
Conglomerate Service |
| | One stop*~ | | | L + 6.25% (c) | | |
8.85%
|
| |
04/2023
|
| |
17,032
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
04/2023
|
| |
163
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (c) | | |
9.01%
|
| |
04/2023
|
| |
31
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
253
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
MD Now Holdings, Inc.
|
| |
2007 Palm Beach Lakes Blvd.
West Palm Beach, FL 33409 |
| |
Healthcare, Education
and Childcare |
| | One stop~ | | | L + 5.00% (c) | | |
7.60%
|
| |
08/2024
|
| |
$7,731
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% | | |
N/A
(7)
|
| |
08/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% | | |
N/A
(7)
|
| |
08/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
79
|
| | | | 0.0 % (17) | | |
Mendocino Farms, LLC
|
| |
13103 Ventura Blvd.,
Suite 100 Studio City, CA 91604 |
| |
Beverage, Food and
Tobacco |
| | One stop | | | L + 8.50% (a) | | |
3.50% cash/
7.50% PIK |
| |
06/2023
|
| |
50
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 1.00% | | |
N/A
(7)
|
| |
06/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
47
|
| | | | 0.0 % (17) | | |
Messenger, LLC
|
| |
318 East 7th Street
Auburn, IN 46706 |
| |
Printing and
Publishing |
| | One stop | | | L + 6.00% (a)(f) | | |
8.52%
|
| |
08/2023
|
| |
3,393
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
08/2023
|
| |
—
|
| | | | — | | |
Mid-America Pet Food,
L.L.C. |
| |
2024 N. Frontage Road
Mt. Pleasant, Texas 75455 |
| |
Beverage, Food and
Tobacco |
| | One stop^* | | | L + 6.00% (c) | | |
8.60%
|
| |
12/2021
|
| |
10,698
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
12/2021
|
| |
—
|
| | | | — | | |
Mills Fleet Farm Group
LLC |
| |
512 Laurel Street,
PO Box 5055 Brainerd, MN 56401 |
| | Retail Stores | | | One stop^*~ | | | L + 6.25% (a) | | |
8.75%
|
| |
10/2024
|
| |
6,685
|
| | | | — | | |
Mindbody, Inc.
|
| |
4051 Broad Street,
Suite 220 San Luis Obispo, CA 93401 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 7.00% (a) | | |
9.48%
|
| |
02/2025
|
| |
22,383
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 7.00% | | |
N/A
(7)
|
| |
02/2025
|
| |
(1)
|
| | | | — | | |
Ministry Brands, LLC
|
| |
9620 Executive Center
Drive North, Suite 200 St. Petersburg, FL 33702 |
| |
Diversified/
Conglomerate Service |
| | Senior loan | | | L + 4.00% (a) | | |
6.50%
|
| |
12/2022
|
| |
862
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.00% (a) | | |
6.50%
|
| |
12/2022
|
| |
493
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.00% (a) | | |
6.50%
|
| |
12/2022
|
| |
27
|
| | | | — | | |
MMan Acquisition Co.
|
| |
22 Crosby Drive,
Suite 100 Bedford, MA 01730 |
| |
Diversified/
Conglomerate Service |
| | One stop^* | | | L + 3.00% (c) | | |
5.74%
|
| |
08/2023
|
| |
8,197
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
16
|
| | | | 0.0 % (17) | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
757
|
| | | | 0.0 % (17) | | |
MRI Software LLC
|
| |
28925 Fountain Parkway
Solon, OH 44139 |
| |
Buildings and Real
Estate |
| | One stop^ | | | L + 5.50% (a) | | |
8.00%
|
| |
06/2023
|
| |
23,564
|
| | | | — | | |
| | | | | | | | | One stop^*~ | | | L + 5.50% (a) | | |
8.00%
|
| |
06/2023
|
| |
13,674
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (a) | | |
8.00%
|
| |
06/2023
|
| |
355
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (c) | | |
8.30%
|
| |
06/2023
|
| |
333
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (a) | | |
8.00%
|
| |
06/2023
|
| |
294
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
06/2023
|
| |
294
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
06/2023
|
| |
193
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (a) | | |
8.00%
|
| |
06/2023
|
| |
164
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (c) | | |
8.30%
|
| |
06/2023
|
| |
105
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (a) | | |
8.00%
|
| |
06/2023
|
| |
97
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (c) | | |
8.10%
|
| |
06/2023
|
| |
61
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a)(c) | | |
8.00%
|
| |
06/2023
|
| |
19
|
| | | | — | | |
MWD Management, LLC &
MWD Services, Inc. |
| |
320 Seven Springs Way,
Suite 250 Brentwood, TN 37027 |
| |
Healthcare, Education
and Childcare |
| | One stop* | | | L + 5.25% (c) | | |
7.85%
|
| |
06/2023
|
| |
5,836
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.25% (c) | | |
7.85%
|
| |
06/2023
|
| |
228
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% | | |
N/A
(7)
|
| |
06/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% | | |
N/A
(7)
|
| |
06/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
119
|
| | | | 0.2 % | | |
NBC Intermediate, LLC
|
| |
4560 Belt Line Road,
Ste 350 Addison, TX 75001 |
| |
Beverage, Food and
Tobacco |
| | Senior loan^ | | | L + 4.25% (a) | | |
6.75%
|
| |
09/2023
|
| |
2,024
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% | | |
N/A
(7)
|
| |
09/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | Senior loan* | | | L + 4.25% (a) | | |
6.75%
|
| |
09/2023
|
| |
1,091
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
Net Health Acquisition
Corp. |
| |
40 24th Street,
5th Floor Pittsburgh, PA 15222 |
| |
Diversified/
Conglomerate Service |
| | One stop* | | | L + 5.50% (c) | | |
8.10%
|
| |
12/2023
|
| |
$3,838
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (c) | | |
8.10%
|
| |
12/2023
|
| |
537
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
12/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
421
|
| | | | 0.2 % | | |
NetMotion Wireless Holdings,
Inc. |
| |
701 N 34th Street,
Suite 250 Seattle, WA 98103 |
| | Telecommunications | | | One stop^* | | | L + 6.25% (c) | | |
8.85%
|
| |
10/2021
|
| |
6,360
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% | | |
N/A
(7)
|
| |
10/2021
|
| |
—
|
| | | | — | | |
Netsmart Technologies, Inc.
|
| |
4950 College Blvd
Overland Park, KS 66211 |
| |
Diversified/
Conglomerate Service |
| | Senior loan | | | L + 3.75% (a) | | |
6.25%
|
| |
04/2023
|
| |
1,719
|
| | | | — | | |
| | | | | | | | | Senior loan (6) | | | L + 4.75% | | |
N/A
(7)
|
| |
04/2023
|
| |
(1)
|
| | | | — | | |
Nextech Systems, LLC
|
| |
5550 Executive Drive,
#350 Tampa, FL 33609 |
| |
Diversified/
Conglomerate Service |
| | One stop*~ | | | L + 6.00% (a) | | |
8.50%
|
| |
03/2024
|
| |
10,202
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.00% (a) | | |
8.50%
|
| |
03/2024
|
| |
5,579
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 6.00% | | |
N/A
(7)
|
| |
03/2024
|
| |
(1)
|
| | | | — | | |
Nexus Brands Group, Inc.
|
| |
168 E Freedom Ave
Anaheim, CA 92801 |
| |
Diversified/
Conglomerate Service |
| | One stop* | | | L + 6.00% (c) | | |
8.59%
|
| |
11/2023
|
| |
5,721
|
| | | | — | | |
| | | | | | | | | One stop (9)(10) | | | L + 6.00% (c) | | |
6.84%
|
| |
11/2023
|
| |
3,323
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (c)(f) | | |
8.60%
|
| |
11/2023
|
| |
124
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.00% (c) | | |
8.60%
|
| |
11/2023
|
| |
90
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (a)(c) | | |
8.54%
|
| |
11/2023
|
| |
41
|
| | | | — | | |
| | | | | | | | | One stop (9)(10) | | | L + 6.00% | | |
N/A
(7)
|
| |
11/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop (9)(10) | | | L + 6.00% | | |
N/A
(7)
|
| |
11/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
222
|
| | | | 0.2 % | | |
NTS Technical Systems
|
| |
24007 Ventura Blvd,
Suite 200 Calabasas, CA 91302 |
| |
Aerospace and Defense
|
| | One stop^*~ | | | L + 6.25% (a) | | |
8.74%
|
| |
06/2021
|
| |
22,299
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.25% (a) | | |
8.74%
|
| |
06/2021
|
| |
3,682
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% | | |
N/A
(7)
|
| |
06/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
573
|
| | | | 0.6 % | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
350
|
| | | | 0.6 % | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
193
|
| | | | 0.6 % | | |
Oliver Street Dermatology
Holdings, LLC |
| |
5310 Harvest Hill Road,
Suite 290 Dallas, TX 75230 |
| |
Healthcare, Education
and Childcare |
| | One stop~ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
8,383
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
846
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
188
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
135
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% (c) | | |
8.90%
|
| |
05/2022
|
| |
123
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
119
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
104
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
81
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
70
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
43
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
41
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
37
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
29
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.85%
|
| |
05/2022
|
| |
27
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% | | |
N/A
(7)
|
| |
05/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
121
|
| | | | 0.1 % | | |
Onicon Incorporated
|
| |
1500 N. Belcher Road
Clearwater, FL 33764 |
| |
Diversified/
Conglomerate Manufacturing |
| | One stop^~ | | | P + 4.50% (f) | | |
10.00%
|
| |
04/2022
|
| |
22,118
|
| | | | — | | |
| | | | | | | | | One stop (9)(10) | | | L + 5.50% (a) | | |
6.50%
|
| |
04/2022
|
| |
4,291
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 4.50% (f) | | |
10.00%
|
| |
04/2022
|
| |
135
|
| | | | — | | |
ONsite Mammography,
LLC |
| |
815 North Road
Westfield, MA 01085 |
| |
Healthcare, Education
and Childcare |
| | One stop | | | L + 6.75% (a) | | |
9.25%
|
| |
11/2023
|
| |
3,048
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
| | | | | | | | | One stop | | |
L + 6.75%
(a)(d)
|
| |
9.45%
|
| |
11/2023
|
| |
$39
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.75% (d) | | |
9.62%
|
| |
11/2023
|
| |
8
|
| | | | — | | |
Orchid Underwriters Agency,
LLC |
| |
1201 19th place,
Suite A-110 Vero Beach, FL 32960 |
| | Insurance | | | Senior loan~ | | | L + 4.50% (c) | | |
7.38%
|
| |
12/2024
|
| |
2,385
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.50% | | |
N/A
(7)
|
| |
12/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.50% | | |
N/A
(7)
|
| |
12/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
37
|
| | | | 0.0 % (17) | | |
Orthotics Holdings, Inc.
|
| |
2905 Veterans Memorial Hwy
Ronkonkoma, NY 11779 |
| |
Personal and Non
Durable Consumer Products (Mfg. Only) |
| | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
02/2020
|
| |
8,162
|
| | | | — | | |
| | | | | | | | | One stop* (9) | | | L + 5.50% (a) | | |
8.00%
|
| |
02/2020
|
| |
1,338
|
| | | | — | | |
| | | | | | | | | One stop (9) | | | L + 5.50% | | |
N/A
(7)
|
| |
02/2020
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
02/2020
|
| |
—
|
| | | | — | | |
Pace Analytical Services,
LLC |
| |
1800 Elm Street SE
Minneapolis, MN 55414 |
| | Ecological | | | One stop~ | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2022
|
| |
15,113
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2022
|
| |
1,405
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2022
|
| |
713
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2022
|
| |
344
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2022
|
| |
159
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2022
|
| |
118
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2022
|
| |
54
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2022
|
| |
30
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
09/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
09/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
350
|
| | | | 0.1 % | | |
PADI Holdco, Inc.
|
| |
30151 Tomas St.
Rancho Santa Margarita, CA 92688 |
| |
Leisure, Amusement,
Motion Pictures, Entertainment |
| | One stop~ (9)(10) | | | E + 5.75% (g) | | |
5.75%
|
| |
04/2023
|
| |
8,958
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.75% (c) | | |
8.50%
|
| |
04/2023
|
| |
9,628
|
| | | | — | | |
| | | | | | | | | One stop | | |
L + 5.75%
(b)(c)
|
| |
8.39%
|
| |
04/2022
|
| |
23
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
457
|
| | | | 0.1 % | | |
Paper Source, Inc.
|
| |
410 Milwaukee Ave
Chicago, IL 60654 |
| | Retail Stores | | | One stop^*~ | | | L + 6.25% (c) | | |
8.85%
|
| |
09/2019
|
| |
12,255
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.25% (c) | | |
8.85%
|
| |
09/2019
|
| |
1,628
|
| | | | — | | |
| | | | | | | | | One stop | | | P + 5.00% (f) | | |
0.105
|
| |
09/2019
|
| |
339
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
430
|
| | | | 0.8 % | | |
Pasternack Enterprises, Inc.
and Fairview Microwave, Inc |
| |
17802 Fitch Drive
Irvine, CA 92614 |
| |
Diversified/
Conglomerate Manufacturing |
| | Senior loan~ | | | L + 4.00% (a) | | |
6.50%
|
| |
07/2025
|
| |
5,606
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.00% | | |
N/A
(7)
|
| |
07/2023
|
| |
—
|
| | | | — | | |
Pentec Acquisition Sub, Inc.
|
| |
4 Creek Parkway
Boothwyn, PA 19061 |
| |
Healthcare, Education
and Childcare |
| | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
167
|
| | | | 0.1 % | | |
Personify, Inc.
|
| |
6500 River Place Blvd.,
Bldg III, Ste 250 Austin, TX 78730 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 5.75% (c) | | |
8.35%
|
| |
09/2024
|
| |
7,296
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
09/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
272
|
| | | | 0.3 % | | |
Pet Holdings ULC
|
| |
130 Royal Crest Court
Markham, Ontario, L3R 0A1 |
| | Retail Stores | | | One stop^*~ (9)(12) | | | L + 5.50% (c) | | |
8.30%
|
| |
07/2022
|
| |
14,703
|
| | | | — | | |
| | | | | | | | | One stop^* (9)(12) | | | L + 5.50% (c) | | |
0.08297
|
| |
07/2022
|
| |
99
|
| | | | — | | |
| | | | | | | | | One stop (9)(12) | | | L + 5.50% | | |
N/A
(7)
|
| |
07/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | LP interest (12) | | | N/A | | |
N/A
|
| |
N/A
|
| |
330
|
| | | | 0.1 % | | |
Pet Supplies Plus, LLC
|
| |
17197 N. Laurel Park Dr.
402 Livonia, MI 48152 |
| | Retail Stores | | | Senior loan* | | | L + 4.50% (c) | | |
7.10%
|
| |
12/2024
|
| |
6,739
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.50% | | |
N/A
(7)
|
| |
12/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
67
|
| | | | 0.0 % (17) | | |
PetPeople Enterprises, LLC
|
| |
4390 Reynolds Dr.
Hilliard, OH 43026 |
| | Retail Stores | | | One stop^ | | | L + 5.00% (a) | | |
7.50%
|
| |
09/2023
|
| |
3,098
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
| | | | | | | | | One stop | | | L + 5.00% (a) | | |
7.50%
|
| |
09/2023
|
| |
$60
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% (a) | | |
7.50%
|
| |
09/2023
|
| |
15
|
| | | | — | | |
PetroChoice Holdings, Inc.
|
| |
1300 Virginia Dr,
Suite 405 Fort Washington, PA 19034 |
| |
Diversified/
Conglomerate Manufacturing |
| | Senior loan^ | | | L + 5.00% (c) | | |
7.74%
|
| |
08/2022
|
| |
1,723
|
| | | | — | | |
Pinnacle Treatment Centers,
Inc. |
| |
1317 Route 73,
Suite 200 Mt. Laurel, NJ 08054 |
| |
Healthcare, Education
and Childcare |
| | One stop | | | L + 5.75% (c) | | |
8.49%
|
| |
08/2021
|
| |
9,829
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.75% (c) | | |
8.49%
|
| |
08/2021
|
| |
364
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.75% (c) | | |
8.49%
|
| |
08/2021
|
| |
54
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% (c) | | |
8.49%
|
| |
08/2021
|
| |
42
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% (c)(f) | | |
8.95%
|
| |
08/2021
|
| |
33
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
08/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
279
|
| | | | 0.2 % | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
17
|
| | | | 0.2 % | | |
Plano Molding Company,
LLC |
| |
31 E. South Street
Plano, IL 60545 |
| |
Home and Office
Furnishings, Housewares, and Durable Consumer |
| | One stop^ | | | L + 7.50% (a) | | |
9.99%
|
| |
05/2021
|
| |
9,198
|
| | | | — | | |
Polk Acquisition Corp.
|
| |
2727 Interstate Drive
Lakeland, FL 33805 |
| | Automobile | | | Senior loan* | | | L + 5.25% (c) | | |
7.85%
|
| |
06/2022
|
| |
124
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
59
|
| | | | 0.1 % | | |
Power Stop, LLC
|
| |
6112 W. 73rd Street
Bedford Park, IL 60638 |
| | Automobile | | | Senior loan~ | | | L + 4.75% (c)(f) | | |
7.35%
|
| |
10/2025
|
| |
1,352
|
| | | | — | | |
PPT Management Holdings,
LLC |
| |
333 Earle Ovington Blvd.,
Suite 225 Uniondale, NY 11553 |
| |
Healthcare, Education
and Childcare |
| | One stop | | | L + 7.50% (a) | | |
3.49% cash/
6.50% PIK |
| |
12/2022
|
| |
9,443
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 7.50% (a) | | |
3.49% cash/
6.50% PIK |
| |
12/2022
|
| |
125
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 7.50% (a) | | |
3.49% cash/
6.50% PIK |
| |
12/2022
|
| |
74
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 7.50% (a) | | |
3.49% cash/
6.50% PIK |
| |
12/2022
|
| |
34
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 7.50% (a) | | |
3.49% cash/
6.50% PIK |
| |
12/2022
|
| |
(24)
|
| | | | — | | |
PPV Intermediate Holdings II,
LLC |
| |
6541 Sexton Drive NW,
Building G Oiympia, WA 98502 |
| |
Personal, Food and
Miscellaneous Services |
| | One stop | | | P + 4.00% (f) | | |
9.50%
|
| |
05/2023
|
| |
32
|
| | | | — | | |
| | | | | | | | | One stop | | | N/A | | |
7.90% PIK
|
| |
05/2023
|
| |
2
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% | | |
N/A
(7)
|
| |
05/2020
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
12
|
| | | | 0.0 % (17) | | |
Pride Midco, Inc.
|
| |
4811 Montgomery Rd
Cincinnati, OH 45212 |
| |
Diversified/
Conglomerate Service |
| | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
1,184
|
| | | | 0.6 % | | |
Project Alpha Intermediate
Holding, Inc. |
| |
150 N Radnor Chester Road,
Suite E-220 Radnor PA 19087 |
| |
Diversified/
Conglomerate Service |
| | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
521
|
| | | | 0.0 % (17) | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
183
|
| | | | 0.0 % (17) | | |
Project Silverback Holdings
Corp. |
| |
2000 Waterview Drive,
Suite 300 Hamilton, NJ 08691 |
| | Electronics | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.1 % | | |
Property Brands, Inc.
|
| |
11121 Kingston Pike,
Suite E Knoxville, TN 37934 |
| |
Diversified/
Conglomerate Service |
| | One stop | | | L + 6.00% (a) | | |
8.50%
|
| |
01/2024
|
| |
10,709
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.00% (a) | | |
8.49%
|
| |
01/2024
|
| |
3,018
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.00% (a) | | |
8.50%
|
| |
01/2024
|
| |
216
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (a) | | |
8.50%
|
| |
01/2024
|
| |
141
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (a) | | |
8.50%
|
| |
01/2024
|
| |
79
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (c) | | |
8.49%
|
| |
01/2024
|
| |
50
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 6.00% | | |
N/A
(7)
|
| |
01/2024
|
| |
(1)
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 6.00% | | |
N/A
(7)
|
| |
01/2024
|
| |
(6)
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
342
|
| | | | 0.1 % | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
Purfoods, LLC
|
| |
3210 SE Corporate Woods Dr.
Ankeny, IA 50021 |
| |
Beverage, Food and
Tobacco |
| | One stop | | | L + 5.50% (c) | | |
8.13%
|
| |
05/2021
|
| |
$8,379
|
| | | | — | | |
| | | | | | | | | One stop | | | N/A | | |
7.00% PIK
|
| |
05/2026
|
| |
116
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
55
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a)(c) | | |
8.05%
|
| |
05/2021
|
| |
55
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
39
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
30
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
30
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
30
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
24
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
15
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
15
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
14
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
11
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
11
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 5.50% (c) | | |
8.10%
|
| |
05/2021
|
| |
10
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
05/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
05/2021
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
662
|
| | | | 0.3 % | | |
Pyramid Healthcare, Inc.
|
| |
270 Lakemont Park Blvd.
Altoona, PA 16602 |
| |
Healthcare, Education
and Childcare |
| | One stop* | | | L + 6.50% (c) | | |
9.10%
|
| |
08/2020
|
| |
1,142
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% (a)(c) | | |
9.02%
|
| |
08/2020
|
| |
75
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% | | |
N/A
(7)
|
| |
08/2020
|
| |
—
|
| | | | — | | |
Quick Quack Car Wash
Holdings, LLC |
| |
1380 Lead Hill Blvd,
#260 Roseville, CA 95661 |
| | Automobile | | | One stop* | | | L + 6.50% (a) | | |
9.00%
|
| |
04/2023
|
| |
8,707
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.50% (a) | | |
9.00%
|
| |
04/2023
|
| |
149
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.50% (a) | | |
9.00%
|
| |
04/2023
|
| |
100
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% (a) | | |
9.00%
|
| |
04/2023
|
| |
40
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% | | |
N/A
(7)
|
| |
04/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
207
|
| | | | 0.0 % (17) | | |
R.G. Barry Corporation
|
| |
13405 Yarmouth Road
Pickerington, OH 43147 |
| |
Personal, Food and
Miscellaneous Services |
| | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
120
|
| | | | 0.2 % | | |
Radiology Partners, Inc.
|
| |
1600 Rosecrans Avenue,
4th Floor Manhattan Beach, CA 90266 |
| |
Healthcare, Education
and Childcare |
| | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
213
|
| | | | 0.1 % | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
54
|
| | | | 0.1 % | | |
RegEd Aquireco, LLC
|
| |
2100 Gateway Centre Blvd.,
Suite 200 Morrisville, NC 27560 |
| |
Diversified/
Conglomerate Service |
| | Senior loan | | | L + 4.25% (a) | | |
6.74%
|
| |
12/2024
|
| |
8,772
|
| | | | — | | |
| | | | | | | | | Senior loan | | | P + 3.25% (f) | | |
8.75%
|
| |
12/2024
|
| |
3
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% | | |
N/A
(7)
|
| |
12/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
138
|
| | | | 0.1 % | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.1 % | | |
Reladyne, Inc.
|
| |
9395 Kenwood Rd,
Suite 104 Blue Ash, OH 45242 |
| |
Diversified/
Conglomerate Manufacturing |
| | Senior loan^* | | | L + 5.00% (c) | | |
7.80%
|
| |
07/2022
|
| |
16,793
|
| | | | — | | |
| | | | | | | | | Senior loan | | |
L + 5.00%
(b)(c)
|
| |
7.63%
|
| |
07/2022
|
| |
303
|
| | | | — | | |
| | | | | | | | | Senior loan^ | | | L + 5.00% (c) | | |
7.80%
|
| |
07/2022
|
| |
172
|
| | | | — | | |
| | | | | | | | | Senior loan~ | | | L + 5.00% (c) | | |
7.80%
|
| |
07/2022
|
| |
142
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.00% (a) | | |
7.63%
|
| |
07/2022
|
| |
100
|
| | | | — | | |
| | | | | | | | | Senior loan~ | | | L + 5.00% (c) | | |
7.80%
|
| |
07/2022
|
| |
65
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.00% | | |
N/A
(7)
|
| |
07/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
614
|
| | | | 0.2 % | | |
Riverchase MSO, LLC
|
| |
15051 South Tamiami Trail
Fort Myers, Florida 33908 |
| |
Healthcare, Education
and Childcare |
| | Senior loan* | | | L + 5.75% (c) | | |
8.35%
|
| |
10/2022
|
| |
4,905
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.75% (a)(c) | | |
8.34%
|
| |
10/2022
|
| |
65
|
| | | | — | | |
RSC Acquisition, Inc.
|
| |
160 Federal Street
Boston, MA 02110 |
| | Insurance | | | Senior loan~ | | | L + 4.25% (c) | | |
6.85%
|
| |
11/2022
|
| |
4,465
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% (c) | | |
6.93%
|
| |
11/2022
|
| |
2,291
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
| | | | | | | | | Senior loan | | | L + 4.25% | | |
N/A
(7)
|
| |
11/2021
|
| |
$—
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% | | |
N/A
(7)
|
| |
11/2022
|
| |
—
|
| | | | — | | |
Rubio’s Restaurants, Inc.
|
| |
1902 Wright Place,
Suite 300 Carlsbad, CA 92008 |
| |
Beverage, Food and
Tobacco |
| | Senior loan^* | | | L + 5.25% (c) | | |
7.85%
|
| |
10/2019
|
| |
10,560
|
| | | | — | | |
| | | | | | | | | Senior loan | | | P + 3.50% (f) | | |
9.00%
|
| |
10/2019
|
| |
74
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
905
|
| | | | 1.8 % | | |
Ruby Slipper Cafe LLC, The
|
| |
315 S Broad Ave
New Orleans, LA 70119 |
| |
Personal, Food and
Miscellaneous Services |
| | One stop | | | L + 7.50% (c) | | |
10.27%
|
| |
01/2023
|
| |
1,030
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 7.50% (c) | | |
10.19%
|
| |
01/2023
|
| |
25
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 7.50% (c) | | |
10.18%
|
| |
01/2023
|
| |
5
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
155
|
| | | | 0.3 % | | |
RXH Buyer Corporation
|
| |
155 White Plains Road
Tarrytown, NY 10591 |
| |
Healthcare, Education
and Childcare |
| | One stop^*~ | | | L + 5.75% (c) | | |
8.35%
|
| |
09/2021
|
| |
16,995
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.75% (c) | | |
8.35%
|
| |
09/2021
|
| |
1,923
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% (c)(f) | | |
9.02%
|
| |
09/2021
|
| |
62
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
397
|
| | | | 0.4 % | | |
Saba Software, Inc.
|
| |
2400 Bridge Parkway
Redwood Shores, CA 94065 |
| |
Diversified/
Conglomerate Service |
| | Senior loan^*~ | | | L + 4.50% (a) | | |
7.00%
|
| |
05/2023
|
| |
21,448
|
| | | | — | | |
| | | | | | | | | Senior loan~ | | | L + 4.50% (a) | | |
7.00%
|
| |
05/2023
|
| |
6,910
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.50% | | |
N/A
(7)
|
| |
05/2023
|
| |
—
|
| | | | — | | |
Sage Dental Management,
LLC |
| |
951 Broken Sound Pkw NW,
Suite 185 Boca Raton, FL 33487 |
| |
Healthcare, Education
and Childcare |
| | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
12
|
| | | | 0.5 % | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.5 % | | |
SEI, Inc.
|
| |
3854 Broadmoor Avenue
Grand Rapids, MI 49512 |
| | Electronics | | | Senior loan* | | | L + 5.00% (a) | | |
7.50%
|
| |
07/2023
|
| |
5,036
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
699
|
| | | | 0.3 % | | |
Self Esteem Brands, LLC
|
| |
12181 Margo
Ave S, #100 Hastings, MN 55033 |
| |
Leisure, Amusement,
Motion Pictures, Entertainment |
| | Senior loan^*~ | | | L + 4.25% (a) | | |
6.75%
|
| |
02/2022
|
| |
16,143
|
| | | | — | | |
| | | | | | | | | Senior loan (6) | | | L + 4.25% | | |
N/A
(7)
|
| |
02/2022
|
| |
(8)
|
| | | | — | | |
Senior Loan Fund LLC
|
| |
150 South Wacker Drive,
Suite 800 Chicago, IL 60606 |
| |
Investment Funds and
Vehicles |
| | LLC interest (9)(15)(16) | | | N/A | | |
N/A
|
| |
N/A
|
| |
71,742
|
| | | | 87.5 % | | |
SHO Holding I Corporation
|
| |
250 S Australian Ave
West Palm Beach, FL 33401 |
| | Textiles and Leather | | | Senior loan~ | | | L + 5.00% (c) | | |
7.74%
|
| |
10/2022
|
| |
2,111
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.00% (c) | | |
6.79%
|
| |
10/2021
|
| |
13
|
| | | | — | | |
SLMP, LLC
|
| |
2090 Commerce Drive
McKenney, TX 75069 |
| |
Healthcare, Education
and Childcare |
| | One stop^ | | | L + 6.00% (a) | | |
8.50%
|
| |
05/2023
|
| |
7,506
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.00% (a) | | |
8.50%
|
| |
05/2023
|
| |
296
|
| | | | — | | |
| | | | | | | | | Subordinated debt | | | N/A | | |
7.50% PIK
|
| |
05/2027
|
| |
90
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
05/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
05/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
350
|
| | | | 0.3 % | | |
Sloan Company, Inc., The
|
| |
5725 Olivas Park Drive
Ventura, CA 93003 |
| | Electronics | | | One stop | | | L + 8.50% (c) | | |
11.10%
|
| |
04/2020
|
| |
4,276
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 8.50% (c) | | |
11.10%
|
| |
04/2020
|
| |
286
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 8.50% (c) | | |
11.10%
|
| |
04/2020
|
| |
33
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.6 % | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.5 % | | |
Sola Franchise, LLC and Sola
Salon Studios, LLC |
| |
50 South Steele Street,
Suite 1050 Denver, CO 80209 |
| | Retail Stores | | | One stop | | | L + 5.50% (c) | | |
8.10%
|
| |
10/2024
|
| |
4,843
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (c) | | |
0.08101
|
| |
10/2024
|
| |
120
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
10/2024
|
| |
7
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
10/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
199
|
| | | | 0.4 % | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
40
|
| | | | 1.8 % | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
Southern Veterinary Partners,
LLC |
| |
800 Shades Creek Pkwy,
Suite 625 Birmingham, AL 35209-4532 |
| |
Personal, Food and
Miscellaneous Services |
| | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2025
|
| |
$3,851
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
0.0799863
|
| |
05/2025
|
| |
230
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2025
|
| |
204
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2025
|
| |
172
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2025
|
| |
131
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2025
|
| |
112
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2025
|
| |
99
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2025
|
| |
76
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2023
|
| |
75
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2025
|
| |
66
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.50% (a) | | |
8.00%
|
| |
05/2025
|
| |
50
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
05/2025
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
349
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
58
|
| | | | 0.1 % | | |
Sovos Compliance
|
| |
4th, 200 Ballardvale St.
Wilmington, MA 01887 |
| | Electronics | | | One stop^*~ | | | L + 6.00% (a) | | |
8.50%
|
| |
03/2022
|
| |
9,186
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.00% (a) | | |
8.50%
|
| |
03/2022
|
| |
1,545
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.00% (a) | | |
8.50%
|
| |
03/2022
|
| |
172
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
03/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
03/2022
|
| |
—
|
| | | | — | | |
Spear Education, LLC
|
| |
7201 E. Princess Boulevard
Scottsdale, AZ 85255 |
| |
Healthcare, Education
and Childcare |
| | One stop^ | | | L + 5.75% (c) | | |
8.55%
|
| |
08/2019
|
| |
4,573
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 5.75% (c) | | |
8.55%
|
| |
08/2019
|
| |
74
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
08/2019
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
78
|
| | | | 0.0 % (17) | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
42
|
| | | | 0.1 % | | |
SSH Corporation
|
| |
23824 Highway 59 N.
Kingwood, TX 77339 |
| |
Healthcare, Education
and Childcare |
| | Equity | | | N/A | | |
N/A
|
| |
N/A
|
| |
201
|
| | | | 0.7 % | | |
Summit Behavioral Healthcare,
LLC |
| |
8115 Isabella Ln,
Suite 4 Brentwood, TN 37027 |
| |
Healthcare, Education
and Childcare |
| | Senior loan^ | | | L + 4.75% (d) | | |
7.44%
|
| |
10/2023
|
| |
8,733
|
| | | | — | | |
| | | | | | | | | Senior loan | | |
L + 4.75%
(c)(d)
|
| |
7.45%
|
| |
10/2023
|
| |
115
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.75% (d) | | |
7.43%
|
| |
10/2023
|
| |
27
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
38
|
| | | | 0.0 % (17) | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.0 % (17) | | |
Sunless Merger Sub, Inc.
|
| |
8909 South Freeway Drive
Macedonia, OH 44056 |
| |
Diversified/
Conglomerate Manufacturing |
| | Senior loan | | | L + 5.00% (a)(f) | | |
7.54%
|
| |
07/2019
|
| |
1,321
|
| | | | — | | |
| | | | | | | | | Senior loan | | | P + 3.75% (f) | | |
9.25%
|
| |
07/2019
|
| |
237
|
| | | | — | | |
| | | | | | | | | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.0 % (17) | | |
Sunshine Sub, LLC
|
| |
4776 New Broad Street,
Suite 195 Orlando, FL 32814 |
| |
Leisure, Amusement,
Motion Pictures, Entertainment |
| | One stop~ | | | L + 4.75% (a) | | |
7.25%
|
| |
05/2024
|
| |
7,682
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.75% (a) | | |
7.25%
|
| |
05/2024
|
| |
425
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.75% | | |
N/A
(7)
|
| |
05/2024
|
| |
—
|
| | | | — | | |
Surgical Information Systems,
LLC |
| |
3650 Mansell Rd,
Suite 500 Alpharetta, GA 30009 |
| |
Healthcare, Education
and Childcare |
| | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
492
|
| | | | 0.4 % | | |
Switchfly LLC
|
| |
601 Montgomery Street,
17th Floor San Francisco, CA 94111 |
| |
Diversified/
Conglomerate Service |
| | One stop (9)(14) | | | L + 3.00% (c) | | |
5.80%
|
| |
10/2023
|
| |
2,066
|
| | | | — | | |
| | | | | | | | | One stop (9)(14) | | | L + 3.00% (c) | | |
0.05797
|
| |
10/2023
|
| |
173
|
| | | | — | | |
| | | | | | | | | One stop (9)(14) | | | L + 3.00% (c) | | |
5.80%
|
| |
10/2023
|
| |
15
|
| | | | — | | |
| | | | | | | | | One stop (9)(14) | | | L + 8.50% | | |
N/A
(7)
|
| |
10/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC units (9)(14) | | | N/A | | |
N/A
|
| |
N/A
|
| |
1,099
|
| | | | 1.1 % | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
Teaching Company, The
|
| |
4840 Westfields Blvd.,
Suite 500 Chantilly, VA 20151 |
| |
Leisure, Amusement,
Motion Pictures, Entertainment |
| | One stop* | | | L + 4.75% (c) | | |
7.45%
|
| |
07/2023
|
| |
$10,855
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 4.75% | | |
N/A
(7)
|
| |
07/2023
|
| |
—
|
| | | | — | | |
Teasdale Quality Foods, Inc.
|
| |
901 Packers Street
Atwater, CA 95301 |
| | Grocery | | | Senior loan | | | L + 5.75% (c) | | |
8.55%
|
| |
10/2020
|
| |
268
|
| | | | — | | |
Telesoft, LLC
|
| |
1611 E Camelback Rd.
Suite 300 Phoenix, AZ 85016 |
| |
Diversified/
Conglomerate Service |
| | One stop* | | | L + 5.00% (c) | | |
7.80%
|
| |
07/2022
|
| |
4,139
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.00% | | |
N/A
(7)
|
| |
07/2022
|
| |
—
|
| | | | — | | |
TI Intermediate Holdings, LLC
|
| |
310 Main
Avenue Way SE Hickory, NC 28602 |
| |
Diversified/
Conglomerate Service |
| | Senior loan | | | L + 4.50% (a)(f) | | |
7.00%
|
| |
12/2024
|
| |
1,675
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.50% (a) | | |
7.00%
|
| |
12/2024
|
| |
3
|
| | | | — | | |
Titan Fitness, LLC
|
| |
8200 Greensboro Drive,
Suite 900 McLean, VA 22102 |
| |
Leisure, Amusement,
Motion Pictures, Entertainment |
| | One stop* | | | L + 4.75% (a) | | |
7.24%
|
| |
02/2025
|
| |
15,529
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 4.75% | | |
N/A
(7)
|
| |
02/2025
|
| |
(3)
|
| | | | — | | |
| | | | | | | | | One stop (6) | | | L + 4.75% | | |
N/A
(7)
|
| |
02/2025
|
| |
(3)
|
| | | | — | | |
Togetherwork Holdings, LLC
|
| |
55 Washington Street,
Suite 626 Brooklyn, NY 11201 |
| |
Diversified/
Conglomerate Manufacturing |
| | One stop~ | | | L + 6.50% (a) | | |
9.00%
|
| |
03/2025
|
| |
9,112
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.50% (a) | | |
9.00%
|
| |
03/2025
|
| |
554
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% (a) | | |
9.00%
|
| |
03/2025
|
| |
150
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.50% (a) | | |
9.00%
|
| |
03/2025
|
| |
122
|
| | | | — | | |
| | | | | | | | | One stop*~ | | | L + 6.50% (a) | | |
9.00%
|
| |
03/2025
|
| |
115
|
| | | | — | | |
| | | | | | | | | One stop* | | | L + 6.50% (a) | | |
9.00%
|
| |
03/2025
|
| |
107
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% (a) | | |
8.99%
|
| |
03/2024
|
| |
72
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% (a) | | |
9.00%
|
| |
03/2025
|
| |
67
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.50% (a) | | |
9.00%
|
| |
03/2025
|
| |
4
|
| | | | — | | |
TouchTunes Interactive
Networks, Inc. |
| |
850 Third Avenue,
Suite 15C New York, NY 10022 |
| |
Broadcasting and
Entertainment |
| | Senior loan^ | | | L + 4.75% (a) | | |
7.25%
|
| |
05/2021
|
| |
1,440
|
| | | | — | | |
Transaction Data Systems, Inc.
|
| |
788 Montgomery Avenue
Ocoee, FL 34761 |
| |
Diversified/
Conglomerate Service |
| | One stop*~ | | | L + 5.25% (a) | | |
7.75%
|
| |
06/2021
|
| |
38,856
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.25% (a) | | |
7.75%
|
| |
06/2021
|
| |
60
|
| | | | — | | |
Tresys Technology Holdings,
Inc. |
| |
8840 Stanford Blvd,
Suite 2100 Columbia, MD 21045 |
| |
Aerospace and Defense
|
| | One stop (8) | | | L + 6.75% (a) | | |
9.25%
|
| |
12/2019
|
| |
1,170
|
| | | | — | | |
| | | | | | | | | One stop (8) | | | L + 6.75% (a) | | |
9.25%
|
| |
12/2019
|
| |
659
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.4 % | | |
Trintech, Inc.
|
| |
15851 Dallas Pkwy,
Suite 900 Addison, TX 75001 |
| |
Diversified/
Conglomerate Service |
| | One stop^~ | | | L + 6.00% (c) | | |
8.75%
|
| |
12/2023
|
| |
10,821
|
| | | | — | | |
| | | | | | | | | One stop^~ | | | L + 6.00% (c) | | |
8.75%
|
| |
12/2023
|
| |
3,395
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% (c) | | |
8.68%
|
| |
12/2023
|
| |
60
|
| | | | — | | |
Tronair Parent, Inc.
|
| |
1740 Eber Road
Holland, OH 43528 |
| |
Aerospace and Defense
|
| | Senior loan^ | | | L + 4.75% (a)(c) | | |
7.56%
|
| |
09/2023
|
| |
350
|
| | | | — | | |
| | | | | | | | | Senior loan | | |
L + 4.50%
(a)(c)(f)
|
| |
7.47%
|
| |
09/2021
|
| |
77
|
| | | | — | | |
True Commerce, Inc.
|
| |
90 S Cascade Ave.,
Suite 1200 Colorado Springs, CO 90803 |
| |
Diversified/
Conglomerate Service |
| | One stop^ | | | L + 5.75% (c) | | |
8.35%
|
| |
11/2023
|
| |
5,581
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
11/2023
|
| |
—
|
| | | | — | | |
U.S. Renal Care, Inc.
|
| |
2400 Dallas Parkway,
Suite 350 Plano, TX 75093 |
| |
Healthcare, Education
and Childcare |
| | LP interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
1,699
|
| | | | 0.2 % | | |
Uinta Brewing Company
|
| |
1722 Fremont Dr
Salt Lake City, Utah, 84104 |
| |
Beverage, Food and
Tobacco |
| | One stop^ (8)(9)(14) | | | L + 4.00% (a) | | |
6.48%
|
| |
08/2021
|
| |
670
|
| | | | — | | |
| | | | | | | | | One stop (8)(9)(14) | | | L + 4.00% (a) | | |
0.0648375
|
| |
08/2021
|
| |
131
|
| | | | — | | |
| | | | | | | | | Common stock (9)(14) | | | N/A | | |
N/A
|
| |
N/A
|
| |
135
|
| | | | 0.0 % (17) | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
Upserve, Inc.
|
| |
10 Dorrance Street
Providence, RI 02903 |
| |
Diversified/
Conglomerate Service |
| | One stop~ | | | L + 5.50% (a) | | |
8.00%
|
| |
07/2023
|
| |
$2,969
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
07/2023
|
| |
100
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
07/2023
|
| |
—
|
| | | | — | | |
Valant Medical Solutions, Inc.
|
| |
2033 6th Ave,
Suite 500 Seattle, WA 98121 |
| |
Diversified/
Conglomerate Service |
| | One stop | | | L + 11.00% (c) | | |
11.55% cash/
2.25% PIK |
| |
10/2020
|
| |
866
|
| | | | — | | |
| | | | | | | | | Subordinated debt | | | N/A | | |
6.00%
|
| |
02/2020
|
| |
224
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 11.00% (c) | | |
11.55% cash/
2.25% PIK |
| |
10/2020
|
| |
11
|
| | | | — | | |
| | | | | | | | | Equity | | | N/A | | |
N/A
|
| |
N/A
|
| |
14
|
| | | | — | | |
Velocity Technology Solutions,
Inc. |
| |
1901 Roxborough Road
Charlotte, NC 28211 |
| |
Diversified/
Conglomerate Service |
| | One stop* | | | L + 6.00% (c) | | |
8.60%
|
| |
12/2023
|
| |
8,186
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.00% | | |
N/A
(7)
|
| |
12/2023
|
| |
—
|
| | | | — | | |
Vendavo, Inc.
|
| |
401 E. Middlefield Road
Mountain View, CA 94043 |
| |
Diversified/
Conglomerate Service |
| | One stop*~ | | | L + 8.50% (c) | | |
11.13%
|
| |
10/2022
|
| |
28,935
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 8.50% | | |
N/A
(7)
|
| |
10/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
1,496
|
| | | | 0.4 % | | |
Verisys Corporation
|
| |
1001 N. Fairfax St.,
Suite 640 Alexandria, VA 22314 |
| |
Diversified/
Conglomerate Service |
| | One stop* | | | L + 6.75% (c) | | |
9.35%
|
| |
01/2023
|
| |
3,866
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.75% | | |
N/A
(7)
|
| |
01/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
246
|
| | | | 0.3 % | | |
Veterinary Specialists of North
America, LLC |
| |
106 Apple St.,
Suite 207 Trinton Falls, NJ 07724 |
| |
Personal, Food and
Miscellaneous Services |
| | One stop^ | | | P + 4.50% (a)(f) | | |
9.53%
|
| |
07/2021
|
| |
7,293
|
| | | | — | | |
| | | | | | | | | One stop^ | | | P + 4.50% (f) | | |
10.00%
|
| |
07/2021
|
| |
760
|
| | | | — | | |
| | | | | | | | | One stop* | | | P + 4.50% (f) | | |
10.00%
|
| |
07/2021
|
| |
413
|
| | | | — | | |
| | | | | | | | | One stop* | | | P + 4.50% (f) | | |
0.1
|
| |
07/2021
|
| |
160
|
| | | | — | | |
| | | | | | | | | One stop~ | | | P + 4.50% (f) | | |
10.00%
|
| |
07/2021
|
| |
132
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a)(f) | | |
8.91%
|
| |
07/2021
|
| |
127
|
| | | | — | | |
| | | | | | | | | One stop^ | | | P + 4.50% (f) | | |
10.00%
|
| |
07/2021
|
| |
122
|
| | | | — | | |
| | | | | | | | | One stop* | | | P + 4.50% (f) | | |
10.00%
|
| |
07/2021
|
| |
62
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
7.99%
|
| |
07/2021
|
| |
29
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
375
|
| | | | — | | |
Vitalyst, LLC
|
| |
One Bala Plaza,
Suite 434 Bala Cynwyd, PA 19004 |
| |
Diversified/
Conglomerate Service |
| | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
76
|
| | | | 0.1 % | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.1 % | | |
Watchfire Enterprises, Inc.
|
| |
1015 Maple Street
Danville, IL 61832 |
| | Electronics | | | Second lien | | | L + 8.00% (c) | | |
10.60%
|
| |
10/2021
|
| |
9,434
|
| | | | — | | |
WBZ Investment LLC
|
| |
9780 Meridian Blvd,
Suite 400 Englewood, CO 80112 |
| |
Leisure, Amusement,
Motion Pictures, Entertainment |
| | One stop | | | L + 5.50% (a) | | |
8.00%
|
| |
09/2024
|
| |
5,123
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% (a) | | |
7.98%
|
| |
09/2024
|
| |
32
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
09/2024
|
| |
—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
49
|
| | | | 0.2 % | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
33
|
| | | | 0.2 % | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
27
|
| | | | 0.2 % | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
24
|
| | | | 0.2 % | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
10
|
| | | | 0.2 % | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
1
|
| | | | 0.2 % | | |
Wetzel’s Pretzels, LLC
|
| |
35 Hugus Alley #300
Pasadena, CA 91103 |
| |
Personal, Food and
Miscellaneous Services |
| | One stop* | | | L + 6.75% (a) | | |
9.25%
|
| |
09/2021
|
| |
8,873
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.75% (a) | | |
0.0924863
|
| |
09/2021
|
| |
19
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
218
|
| | | | 0.2 % | | |
WHCG Management, LLC
|
| |
227 Laurel Road,
Suite 300 Voorhees, NJ 08043 |
| |
Healthcare, Education
and Childcare |
| | Senior loan* | | | L + 5.00% (c) | | |
7.60%
|
| |
03/2023
|
| |
2,217
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.00% (c) | | |
7.61%
|
| |
03/2023
|
| |
94
|
| | | | — | | |
Name of Portfolio Company
|
| |
Address
|
| |
Industry
|
| |
Type of
Investment (1) |
| |
Spread
Above LIBOR (2) |
| |
Interest
Rate (3) |
| |
Maturity
|
| |
Fair Value
(Dollars in Thousands) (4) |
| |
Percentage
of Class Held (5) |
| |||
| | | | | | | | | Senior loan | | | L + 5.00% | | |
N/A
(7)
|
| |
03/2023
|
| |
$—
|
| | | | — | | |
| | | | | | | | | LLC interest | | | N/A | | |
N/A
|
| |
N/A
|
| |
60
|
| | | | 0.2 % | | |
Whitcraft LLC
|
| |
76 Country Road
Eastford, CT 06242 |
| |
Aerospace and Defense
|
| | One stop^* | | | L + 6.25% (c) | | |
8.85%
|
| |
04/2023
|
| |
12,376
|
| | | | — | | |
| | | | | | | | | One stop^ | | | L + 6.25% (c) | | |
8.85%
|
| |
04/2023
|
| |
193
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.25% | | |
N/A
(7)
|
| |
04/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | Common stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
600
|
| | | | 0.3 % | | |
WIRB-Copernicus Group, Inc.
|
| |
212 Carnegie Center,
Suite 301 Princeton, NJ 08540 |
| |
Healthcare, Education
and Childcare |
| | Senior loan^*~ | | | L + 4.25% (a) | | |
6.75%
|
| |
08/2022
|
| |
10,890
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% | | |
N/A
(7)
|
| |
08/2022
|
| |
—
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 4.25% | | |
N/A
(7)
|
| |
08/2022
|
| |
—
|
| | | | — | | |
Wood Fired Holding Corp.
|
| |
13850 Ballantyne Corporate
Place, Suite 450 Charlotte, NC 28277 |
| |
Beverage, Food and
Tobacco |
| | One stop* | | | L + 5.75% (c) | | |
8.65%
|
| |
12/2023
|
| |
6,953
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
12/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.75% | | |
N/A
(7)
|
| |
12/2023
|
| |
—
|
| | | | — | | |
| | | | | | | | | Preferred units | | | N/A | | |
N/A
|
| |
N/A
|
| |
205
|
| | | | — | | |
| | | | | | | | | Common units | | | N/A | | |
N/A
|
| |
N/A
|
| |
—
|
| | | | 0.4 % | | |
Workforce Software, LLC
|
| |
38705 Seven Mile Road
Livonia, MI 48152 |
| |
Diversified/
Conglomerate Service |
| | One stop^ | | | L + 6.50% (c) | | |
9.28%
|
| |
06/2021
|
| |
5,848
|
| | | | — | | |
| | | | | | | | | One stop~ | | | L + 6.50% (c) | | |
9.13%
|
| |
06/2021
|
| |
577
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 6.50% | | |
N/A
(7)
|
| |
06/2021
|
| |
1
|
| | | | — | | |
| | | | | | | | | LLC units | | | N/A | | |
N/A
|
| |
N/A
|
| |
354
|
| | | | 0.1 % | | |
WRE Holding Corp.
|
| |
577 Main Street,
Suite 110 Hudson, MA 01749 |
| | Ecological | | | Senior loan* | | | L + 5.00% (a) | | |
7.49%
|
| |
01/2023
|
| |
1,006
|
| | | | — | | |
| | | | | | | | | Senior loan~ | | | L + 5.00% (a) | | |
7.49%
|
| |
01/2023
|
| |
42
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.00% (a) | | |
7.49%
|
| |
01/2023
|
| |
18
|
| | | | — | | |
| | | | | | | | | Senior loan | | | L + 5.00% (a) | | |
7.49%
|
| |
01/2023
|
| |
12
|
| | | | — | | |
WU Holdco, Inc.
|
| |
705 Tri-State Parkway
Gurnee, IL 60031 |
| |
Personal and Non
Durable Consumer Products (Mfg. Only) |
| | One stop~ | | | L + 5.50% (c) | | |
8.11%
|
| |
03/2026
|
| |
952
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
03/2026
|
| |
—
|
| | | | — | | |
| | | | | | | | | One stop | | | L + 5.50% | | |
N/A
(7)
|
| |
03/2025
|
| |
—
|
| | | | — | | |
Xmatters, Inc. and Alarmpoint,
Inc. |
| |
12647 Alcosta Blvd,
Suite 425 San Ramon, CA 94583 |
| |
Diversified/
Conglomerate Service |
| | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
256
|
| | | | 0.2 % | | |
| | | | | | | | | Warrant | | | N/A | | |
N/A
|
| |
N/A
|
| |
19
|
| | | | 0.0 % (17) | | |
| | | | | | | | | Preferred stock | | | N/A | | |
N/A
|
| |
N/A
|
| |
16
|
| | | | 0.0 % (17) | | |
Title of Class
|
| |
(2)
Amount authorized |
| |
(3)
Amount held by us or for Our Account |
| |
(4)
Amount Outstanding Exclusive of Amounts shown Under (3) |
| |||||||||
Common Stock
|
| | | | 100,000,000 | | | | | | — | | | | | | 60,587,403 | | |
Preferred Stock
|
| | | | 1,000,000 | | | | | | — | | | | | | — | | |
|
(a)
|
| | Form of Certificate of Incorporation (Incorporated by reference to Exhibit (a)(2) to the Registrant’s Pre-effective Amendment No. 3 to the Registration Statement on Form N-2 (File No. 333-163279), filed on March 24, 2010). | |
|
(b)
|
| | Form of Bylaws (Incorporated by reference to Exhibit (b)(2) to the Registrant’s Pre-effective Amendment No. 3 to the Registration Statement on Form N-2 (File No. 333-163279), filed on March 24, 2010). | |
|
(c)
|
| | Not applicable. | |
|
(d)(1)
|
| | Form of Stock Certificate (Incorporated by reference to Exhibit (d) to the Registrant’s Pre-effective Amendment No. 3 to the Registration Statement on Form N-2 (File No. 333-163279), filed on March 24, 2010). | |
|
(d)(2)
|
| | Form of Subscription Certificate (Incorporated by reference to Exhibit (d)(2) to the Registrant’s Registration Statement on Form N-2 (File No. 333-174756), filed on June 7, 2011). | |
|
(d)(3)
|
| | Form of Indenture (Incorporated by reference to Exhibit (d)(3) to the Registrant’s Registration Statement on Form N-2 (File No. 333-174756), filed on June 7, 2011). | |
|
(d)(4)
|
| | Form of Subscription Agent Agreement (Incorporated by reference to Exhibit (d)(4) to the Registrant’s Registration Statement on Form N-2 (File No. 333-174756), filed on June 7, 2011). | |
|
(d)(5)
|
| | Form of Warrant Agreement (Incorporated by reference to Exhibit (d)(5) to the Registrant’s Registration Statement on Form N-2 (File No. 333-174756), filed on June 7, 2011). | |
|
(d)(6)
|
| | Form of Certificate of Designations for Preferred Stock (Incorporated by reference to Exhibit (d)(6) to the Registrant’s Pre-effective Amendment No. 1 to the Registration Statement on Form N-2 (File No. 333-174756), filed on August 25, 2011). | |
|
(d)(7)
|
| | Form T-1 Statement of Eligibility of U.S. Bank National Association, as Trustee, with respect to the Form of Indenture (Incorporated by reference to Exhibit (d)(7) to the Registrant’s Pre-effective Amendment No. 1 to the Registration Statement on Form N-2 (File No. 333-174756), filed on August 25, 2011). | |
|
(e)
|
| | Amended and Restated Dividend Reinvestment Plan (Incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on May 5, 2011). | |
|
(f)
|
| | Not applicable. | |
|
(g)
|
| | Second Amended and Restated Investment Advisory Agreement, dated August 5, 2014, by and between the Registrant and GC Advisors LLC (Incorporated by reference to Exhibit 10.6 to the Registrant’s Quarterly Report on Form 10-Q (File No. 814-00794), filed on August 7, 2014). | |
|
(h)(1)
|
| | Form of Underwriting Agreement for equity securities (Incorporated by reference to Exhibit (h)(1) to the Registrant’s Registration Statement on Form N-2 (File No. 333-174756), filed on June 7, 2011). | |
|
(h)(2)
|
| | Form of Underwriting Agreement for debt securities (Incorporated by reference to Exhibit (h)(2) to the Registrant’s Registration Statement on Form N-2 (File No. 333-174756), filed on June 7, 2011). | |
|
(i)
|
| | Not applicable. | |
|
(j)
|
| | Form of Custody Agreement (Incorporated by reference to Exhibit (j) to the Registrant’s Pre-effective Amendment No. 5 to the Registration Statement on Form N-2 (File No. 333-163279), filed on April 12, 2010). | |
|
(k)(1)
|
| | Certificate of Appointment of Transfer Agent (Incorporated by reference to Exhibit (k)(1) to the Registrant’s Pre-effective Amendment No. 3 to the Registration Statement on Form N-2 (File No. 333-163279), filed on March 24, 2010). | |
|
(k)(2)
|
| | Form of Administration Agreement between the Registrant and GC Service Company LLC (Incorporated by reference to Exhibit (k)(2) to the Registrant’s Pre-effective Amendment No. 3 to the Registration Statement on Form N-2 (File No. 333-163279), filed on March 24, 2010). | |
|
(k)(3)
|
| | Form of Trademark License Agreement between the Registrant and Golub Capital Management LLC (Incorporated by reference to Exhibit (k)(3) to the Registrant’s Pre-effective Amendment No. 3 to the Registration Statement on Form N-2 (File No. 333-163279), filed on March 24, 2010). | |
|
(k)(4)
|
| | Senior Loan Fund LLC Limited Liability Company Agreement dated May 31, 2013, by and between the Registrant and United Insurance Company of America (Incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on June 7, 2013). | |
|
(k)(5)
|
| | Purchase Agreement, dated June 5, 2014, by and among the Registrant, Golub Capital BDC CLO 2014 LLC and Wells Fargo Securities, LLC (Incorporated by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on June 6, 2014). | |
|
(k)(6)
|
| | Loan Sale Agreement, dated June 5, 2014, by and between the Registrant and Golub Capital BDC CLO 2014 LLC (Incorporated by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on June 6, 2014). | |
|
(k)(7)
|
| | Indenture, dated June 5, 2014, by and between Golub Capital BDC CLO 2014 LLC and Wells Fargo Bank, National Association (Incorporated by reference to Exhibit 10.4 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on June 6, 2014). | |
|
(k)(8)
|
| | Collateral Management Agreement, dated June 5, 2014, by and between Golub Capital BDC CLO 2014 LLC and GC Advisors LLC (Incorporated by reference to Exhibit 10.5 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on June 6, 2014). | |
|
(k)(9)
|
| | First Amendment to Senior Loan Fund LLC Limited Liability Company Agreement, dated July 31, 2014, by and between the Registrant and RGA Insurance Company (Incorporated by reference to Exhibit 10.25 to the Registrant’s Annual Report on Form 10-K (File No. 814-00794), filed on November 18, 2014). | |
|
(k)(10)
|
| | Supplemental Indenture No. 2, dated as of June 25, 2015, by and between Golub Capital BDC 2010-1 LLC and U.S. Bank National Association, as trustee (Incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on June 26, 2015). | |
|
(k)(11)
|
| | Amended and Restated Revolving Loan Agreement, dated as of June 21, 2019, by and between the Registrant, as the borrower, and GC Advisors LLC, as the lender (Incorporated by reference to Exhibit 10.1 to Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on June 25, 2019). | |
|
(k)(12)
|
| | Supplemental Indenture No. 1, dated as of March 23, 2018, to the Indenture dated as of June 5, 2014 by and between Golub Capital BDC CLO 2014 LLC, as Issuer, and Wells Fargo Bank, National Association, as Trustee (Incorporated by reference to Exhibit (k)(28) to the Registrant’s Post-effective Amendment No. 4 to the Registration Statement on Form N-2 (File No. 333-163279), filed on April 27, 2018). | |
|
(k)(13)
|
| | Purchase Agreement, dated as of November 1, 2018, by and among Golub Capital BDC CLO III LLC, Golub Capital BDC CLO III Depositor LLC and Morgan Stanley & Co. LLC (Incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on November 2, 2018). | |
|
(k)(14)
|
| | Indenture, dated as of November 16, 2018, by and between Golub Capital BDC CLO III LLC and US Bank National Association (Incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on November 21, 2018). | |
|
(k)(15)
|
| | Collateral Management Agreement, dated as of November 16, 2018, by and between Golub Capital BDC CLO III LLC and GC Advisors LLC (Incorporated by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on November 21, 2018). | |
|
(k)(16)
|
| | Master Loan Sale Agreement, dated as of November 16, 2018, by and among Golub Capital BDC, Inc., as the seller, GC Advisors LLC, as the closing date seller, Golub Capital BDC CLO III LLC, as the buyer, and Golub Capital BDC 2010-1 LLC, as the warehouse borrower (Incorporated by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on November 21, 2018). | |
|
(k)(17)
|
| | Master Loan Sale Agreement, dated as of November 16, 2018, by and among Golub Capital BDC, Inc., as the seller, Golub Capital BDC CLO III Depositor LLC, as the intermediate seller, and Golub Capital BDC CLO III LLC, as the buyer (Incorporated by reference to Exhibit 10.4 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on November 21, 2018). | |
|
(k)(18)
|
| | Agreement and Plan of Merger, dated as of November 27, 2018, by and among Golub Capital BDC, Inc., Golub Capital Investment Corporation, Fifth Ave Subsidiary Inc., GC Advisors, LLC, and solely for purposes of Section 1.9, Golub Capital LLC (Incorporated by reference to Exhibit 2.1 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on November 28, 2018). | |
|
(k)(19)
|
| | Amendment No. 1 to Agreement and Plan of Merger, dated as of December 21, 2018, by and among Golub Capital Investment Corporation, Golub Capital BDC, Inc., Fifth Ave Subsidiary Inc., GC Advisors LLC, and Golub Capital LLC (Incorporated by reference to Exhibit 4(b) to the Registrant’s Registration Statement on Form N-14 (File No. 333-228998), filed on December 21, 2018). | |
|
(k)(20)
|
| | Loan and Servicing Agreement, dated as of February 1, 2019, among Golub Capital BDC Funding II LLC, as the borrower; Golub Capital BDC, Inc., as the originator and as the servicer; Morgan Stanley Senior Funding, Inc., as the administrative agent; each of the lenders from time to time party thereto; each of the securitization subsidiaries from time to time party thereto; and Wells Fargo Bank, N.A., as the collateral agent, account bank and collateral custodian (Incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on February 7, 2019). | |
|
(k)(21)
|
| | Purchase and Sale Agreement, dated as of February 1, 2019, by and between Golub Capital BDC Funding II LLC, as the purchaser, and Golub Capital BDC, Inc., as the transferor (Incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No. 814-00794), filed on February 7, 2019). | |
|
(l)
|
| | Opinion and Consent of Dechert LLP, special counsel for Registrant.* | |
|
(m)
|
| | Not applicable. | |
| | | Consent of Ernst & Young LLP.* | | |
|
(o)
|
| | Not applicable. | |
|
(p)
|
| | Not applicable. | |
|
(q)
|
| | Not applicable. | |
|
(r)(1)
|
| | Code of Ethics of the Registrant and GC Advisors (Incorporated by reference to Exhibit 14.1 to the Registrant’s Quarterly Report on Form 10-K (File No. 814-00794), filed on November 20, 2017). | |
|
(r)(2)
|
| | Code of Ethics of GC Advisors (Incorporated by reference to Exhibit 14.2 to the Registrant’s Annual Report on Form 10-K (File No. 814-00794), filed on November 20, 2017). | |
|
(s)(1)
|
| | Form of Prospectus Supplement for Common Stock Offerings (Incorporated by reference to Exhibit (s)(1) to the Registrant’s Pre-Effective Amendment No. 1 to the Registration Statement on Form N-2 (File No. 333-174756) filed on August 26, 2011). | |
|
(s)(2)
|
| | Form of Prospectus Supplement for Preferred Stock Offerings (Incorporated by reference to Exhibit (s)(2) to the Registrant’s Pre-Effective Amendment No. 1 to the Registration Statement on Form N-2 (File No. 333-174756) filed on August 26, 2011). | |
|
(s)(3)
|
| | Form of Prospectus Supplement for Debt Offerings (Incorporated by reference to Exhibit (s)(3) to the Registrant’s Post-Effective Amendment No. 3 to the Registration Statement on Form N-2 (File No. 333-193308), filed on December 11, 2014). | |
|
(s)(4)
|
| | Form of Prospectus Supplement for Rights Offerings (Incorporated by reference to Exhibit (s)(4) to the Registrant’s Pre-Effective Amendment No. 1 to the Registration Statement on Form N-2 (File No. 333-174756) filed on August 26, 2011). | |
|
(s)(5)
|
| | Form of Prospectus Supplement for Warrant Offerings (Incorporated by reference to Exhibit (s)(5) to the Registrant’s Pre-Effective Amendment No. 1 to the Registration Statement on Form N-2 (File No. 333-174756) filed on August 26, 2011). | |
|
(s)(6)
|
| | Form of Prospectus Supplement for Convertible Debt Offerings (Incorporated by reference to Exhibit (s)(6) to the Registrant’s Post-Effective Amendment No. 3 to the Registration Statement on Form N-2 (File No. 333-193308), filed on December 11, 2014). | |
|
(s)(7)
|
| | Power of Attorney (see signature page to this registration statement). | |
|
Securities and Exchange Commission registration fee
|
| | | $ | 96,960 | | |
|
FINRA filing fee
|
| | | | 120,500 | | |
|
Listing fees
|
| | | | 50,000 (1) | | |
|
Printing expenses
|
| | | | 200,000 (1) | | |
|
Legal fees and expenses
|
| | | | 800,000 (1) | | |
|
Accounting fees and expenses
|
| | | | 400,000 (1) | | |
|
Miscellaneous
|
| | | | 50,000 (1) | | |
|
Total
|
| | | $ | 1,717,460 (1) | | |
Title of Class
|
| |
Number of
Record Holders |
| |||
Common Stock, $0.001 par value
|
| | | | 439 | | |
Signature
|
| |
Title
|
| |
Date
|
|
/s/ David B. Golub
David B. Golub
|
| | Chief Executive Officer and Director (Principal Executive Officer) | | |
June 26, 2019
|
|
/s/ Ross A. Teune
Ross A. Teune
|
| | Chief Financial Officer (Principal Financial and Accounting Officer) | | |
June 26, 2019
|
|
/s/ Lawrence E. Golub
Lawrence E. Golub
|
| | Chairman of the Board of Directors | | |
June 26, 2019
|
|
/s/ John T. Baily
John T. Baily
|
| | Director | | |
June 26, 2019
|
|
/s/ Kenneth F. Bernstein
Kenneth F. Bernstein
|
| | Director | | |
June 26, 2019
|
|
/s/ Anita R. Rosenberg
Anita R. Rosenberg
|
| | Director | | |
June 26, 2019
|
|
/s/ William M. Webster IV
William M. Webster IV
|
| | Director | | |
June 26, 2019
|
|
Exhibit (l)
One International Place, 40th Floor | ||
100 Oliver Street | ||
Boston, MA 02110-2605 | ||
+1 617 728 7100 Main | ||
+1 617 426 6567 Fax | ||
www.dechert.com | ||
June 26, 2019
Golub Capital BDC, Inc.
666 Fifth Avenue
18
th
Floor
New York, NY 10103
Re: Registration Statement on Form N-2
Ladies and Gentlemen:
We have acted as counsel to Golub Capital BDC, Inc., a Delaware corporation (the “ Company ”), in connection with the preparation and filing of a Registration Statement on Form N-2 (as amended, the “ Registration Statement ”), filed on the date hereof, with the U.S. Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Securities Act ”), relating to possible offerings from time to time of up to an aggregate of $800,000,000 of the following securities of the Company: (1) shares of common stock, par value $0.001 per share, of the Company (“ Common Stock ”), (2) shares of preferred stock, par value $0.001 per share, of the Company (“ Preferred Stock ”), (3) warrants of the Company to purchase Debt Securities, Common Stock or Preferred Stock (“ Warrants ”), (4) rights to purchase Common Stock (“ Subscription Rights ”) and (5) debt securities (“ Debt Securities ”) to be issued pursuant to an indenture between the Company and a trustee (the “ Trustee ”). The Common Stock, Preferred Stock, Warrants, Subscription Rights and Debt Securities are collectively referred to herein as the “ Securities .”
The Registration Statement provides that the Securities may be offered separately or together, in separate series, in amounts, at prices and on terms to be set forth in one or more supplements to the prospectus included in the Registration Statement (each, a “ Prospectus Supplement ”) at the time it becomes effective or in one or more free writing prospectuses. This opinion letter is being furnished to the Company in accordance with the requirements of Item 25 of Form N-2 under the Investment Company Act of 1940, as amended, and no opinion is expressed herein as to any matter other than as to the legality of the Securities.
In rendering the opinions expressed below, we have examined and relied on originals or copies, certified or otherwise identified to our satisfaction, of such documents, corporate records and other instruments and such agreements, certificates and receipts of public officials, certificates of officers or other representatives of the Company and others, and such other documents as we have deemed necessary or appropriate as a basis for the opinions set forth below, including the following documents:
June 26, 2019
Page 2 |
(i) | the Registration Statement; |
(ii) | the Certificate of Incorporation of the Company (the “ Certificate of Incorporation ”); |
(iii) | the Bylaws of the Company (the “ Bylaws ”); |
(iv) | forms of certificates evidencing the Common Stock and the Subscription Rights; |
(v) | the form of indenture governing the Debt Securities (as may be amended or supplemented from time to time, the “ Indenture ”); |
(vi) | the form of certificate of designations for Preferred Stock; |
(vii) | the form of warrant agreement; |
(viii) | the form of underwriting agreement for equity securities; |
(ix) | the form of underwriting agreement for debt securities; |
(x) | a certificate of good standing with respect to the Company issued by the Secretary of State of the State of Delaware as of a recent date; and |
(xi) | resolutions of the board of directors of the Company (the “ Board of Directors ”), relating to, among other things, the authorization and approval of the preparation and filing of the Registration Statement. |
As to the facts upon which this opinion is based, we have relied, to the extent we deem proper, upon certificates of public officials and certificates and written statements of agents, officers, directors and representatives of the Company.
In our examination, we have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as original documents and the conformity to original documents of all documents submitted to us as copies. In addition, we have assumed (i) the legal capacity of all natural persons and (ii) the legal power and authority of all persons signing on behalf of the parties to such documents.
June 26, 2019
Page 3 |
On the basis of the foregoing and subject to the assumptions, qualifications and limitations set forth in this letter, we are of the opinion that:
1. | The Common Stock, when (a) duly issued and sold in accordance with the Registration Statement, applicable Prospectus Supplement and any related free writing prospectuses, upon conversion or exchange of Debt Securities or Preferred Stock or upon exercise of Subscription Rights or Warrants as contemplated by the Registration Statement, applicable Prospectus Supplement and any related free writing prospectuses and (b) delivered to the purchaser or purchasers thereof against receipt by the Company of such lawful consideration therefor as the Board of Directors (or a duly authorized committee thereof) may lawfully determine and at a price per share not less than the per share par value of the Common Stock, will be validly issued, fully paid and nonassessable. |
2. | The Preferred Stock, when (a) duly issued and sold in accordance with the Registration Statement, applicable Prospectus Supplement and any related free writing prospectuses, upon conversion or exchange of Debt Securities or upon exercise of Warrants as contemplated by the Registration Statement, applicable Prospectus Supplement and any related free writing prospectuses, and (b) delivered to the purchaser or purchasers thereof against receipt by the Company of such lawful consideration therefor as the Board of Directors (or a duly authorized committee thereof) may lawfully determine and at a price per share not less than the per share par value of the Preferred Stock, will be validly issued, fully paid and nonassessable. |
3. | The Warrants, when (a) duly executed, authenticated, issued and sold in accordance with the Registration Statement, applicable Prospectus Supplement and any related free writing prospectuses and the provisions of an applicable, valid and binding warrant agreement and (b) delivered to the purchaser or purchasers thereof against receipt by the Company of such lawful consideration therefor as the Board of Directors (or a duly authorized committee thereof or a duly authorized officer of the Company) may lawfully determine, will be valid and binding obligations of the Company enforceable against the Company in accordance with their respective terms. |
4. | The Subscription Rights, when duly issued in accordance with the Registration Statement, applicable Prospectus Supplement and any related free writing prospectuses and the provisions of an applicable subscription certificate and any applicable and valid and binding subscription agreement, will be validly issued. |
June 26, 2019
Page 4 |
5. | The Debt Securities, when (a) duly executed by the Company and authenticated by the Trustee in accordance with the provisions of the Indenture and (x) issued and sold in accordance with the Registration Statement, applicable Prospectus Supplement and any related free writing prospectuses or (y) issued upon exchange or conversion of Preferred Stock or upon exercise of Warrants as contemplated by the Registration Statement, applicable Prospectus Supplement and any related free writing prospectuses and (b) delivered to the purchaser or purchasers thereof against receipt by the Company of such lawful consideration therefor as the Board of Directors (or a duly authorized committee thereof or a duly authorized officer of the Company) may lawfully determine, will be valid and binding obligations of the Company enforceable against the Company in accordance with their respective terms. |
The opinions set forth herein are subject to the following assumptions, qualifications, limitations and exceptions being true and correct at or before the time of the delivery of any Securities offered pursuant to the Registration Statement, applicable Prospectus Supplement and any related free writing prospectuses:
(i) | the Board of Directors, including any appropriate committee appointed thereby, and/or appropriate officers of the Company shall have duly (x) established the terms of the Securities and (y) authorized and taken any other necessary corporate or other action to approve the creation, if applicable, issuance and sale of the Securities and related matters (including with respect to Preferred Stock, the execution, acknowledgment and filing of a Certificate of Designation in accordance with the applicable provisions of the General Corporation Law of the State of Delaware) and any Securities consisting of Common Stock or Preferred Stock, and any Common Stock or Preferred Stock for or into which any other Securities are exercisable, exchangeable or convertible, shall have been duly reserved for issuance and such authorizations and actions have not been rescinded; |
(ii) | the resolutions establishing the definitive terms and authorizing the Company to register, offer, sell and issue the Securities shall remain in effect and unchanged at all times during which the Securities are offered, sold or issued by the Company; |
June 26, 2019
Page 5 |
(iii) | the definitive terms of each class and series of the Securities not presently provided for in the Registration Statement or the Certificate of Incorporation, and the terms of the issuance and sale of the Securities (x) shall have been duly established in accordance with all applicable law and the Certificate of Incorporation and Bylaws (collectively, the “ Charter ”), any Indenture, underwriting agreement, warrant agreement and subscription agreement and any other relevant agreement relating to the terms and the offer and sale of the Securities (collectively, the “ Documents ”) and the authorizing resolutions of the Board of Directors, reflected in appropriate documentation reviewed by us, and (y) shall not violate any applicable law, the Charter or the Documents (subject to the further assumption that such Charter and Documents have not been amended from the date hereof in a manner that would affect the validity of any of the opinions rendered herein), or result in a default under or breach of (nor constitute any event which with notice, lapse of time or both would constitute a default under or result in any breach of) any agreement or instrument binding upon the Company and so as to comply with any restriction imposed by any court or governmental body having jurisdiction over the Company; |
(iv) | upon issuance of any shares of Preferred Stock or Common Stock, including upon exercise, conversion or exchange of Securities, the total number of shares of Preferred Stock and Common Stock issued and outstanding shall not exceed the total number of shares of Preferred Stock and Common Stock that the Company is then authorized to issue under its Certificate of Incorporation; |
(v) | the interest rate on the Debt Securities shall not be higher than the maximum lawful rate permitted from time to time under applicable law; |
(vi) | the Securities (including any Securities issuable upon exercise, conversion or exchange of other Securities), and any certificates representing the relevant Securities (including any Securities issuable upon exercise, conversion or exchange of other Securities), have been duly authenticated, executed, countersigned, registered and delivered upon payment of the agreed-upon legal consideration therefor and have been duly issued and sold in accordance with any relevant agreement and, if applicable, duly executed and delivered by the Company and any other appropriate party; |
(vii) | each Indenture, warrant agreement and subscription agreement and any other relevant agreement has been duly authorized, executed and delivered by, and will constitute a valid and binding obligation of, each party thereto (other than the Company); |
(viii) | the Registration Statement, as amended (including all necessary post-effective amendments), and any additional registration statement filed under Rule 462 under the Securities Act, shall be effective under the Securities Act, and such effectiveness shall not have been terminated or rescinded; |
(ix) | an appropriate Prospectus Supplement and any related free writing prospectuses shall have been prepared, delivered and filed in compliance with the Securities Act and the applicable rules and regulations thereunder describing the Securities offered thereby; |
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(x) | the Securities shall be issued and sold in compliance with all U.S. federal and state securities laws and solely in the manner stated in the Registration Statement, the applicable Prospectus Supplement and any related free writing prospectuses and there shall not have occurred any change in law affecting the validity of the opinions rendered herein; |
(xi) | if the Securities will be sold pursuant to a firm commitment underwritten offering, the underwriting agreement with respect to the Securities in the form filed as an exhibit to the Registration Statement or any post-effective amendment thereto, or incorporated by reference therein, has been duly authorized, executed and delivered by the Company and the other parties thereto; |
(xii) | the Indenture shall have been duly qualified under the Trust Indenture Act of 1939, as amended; and |
(xiii) | in the case of an agreement or instrument pursuant to which any Securities are to be issued, there shall be no terms or provisions contained therein which would affect the validity of any of the opinions rendered herein. |
The opinions set forth herein as to enforceability of obligations of the Company are subject to: (i) bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or similar laws now or hereinafter in effect affecting the enforcement of creditors’ rights generally, and by general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law) and the discretion of the court or other body before which any proceeding may be brought; (ii) the unenforceability under certain circumstances under law or court decisions of provisions providing for the indemnification of, or contribution to, a party with respect to a liability where such indemnification or contribution is contrary to public policy; (iii) provisions of law which may require that a judgment for money damages rendered by a court in the United States be expressed only in U.S. dollars; (iv) requirements that a claim with respect to any Debt Securities denominated other than in U.S. dollars (or a judgment denominated other than in U.S. dollars in respect of such claim) be converted into U.S. dollars at a rate of exchange prevailing on a date determined pursuant to applicable law; and (v) governmental authority to limit, delay or prohibit the making of payments outside the United States or in foreign currency or composite currency.
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We express no opinion as to the validity, legally binding effect or enforceability of any provision in any agreement or instrument that (i) requires or relates to payment of any interest at a rate or in an amount which a court may determine in the circumstances under applicable law to be commercially unreasonable or a penalty or forfeiture or (ii) relates to governing law and submission by the parties to the jurisdiction of one or more particular courts.
We are members of the bar of the State of New York, and the foregoing opinions are limited to the laws of the State of New York and the General Corporation Law of the State of Delaware.
This opinion letter has been prepared for your use solely in connection with the Registration Statement. We assume no obligation to advise you of any changes in the foregoing subsequent to the effectiveness of the Registration Statement.
We hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement and to the reference to this firm under the caption “Legal Matters” in the prospectus which forms a part of the Registration Statement. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.
Very truly yours, | |
/s/ Dechert LLP |
Exhibit (n)
Consent of Independent Registered Public Accounting Firm
We consent to the reference to our firm under the caption “Independent Registered Public Accounting Firm” in the Registration Statement (Form N-2) and related Prospectus of Golub Capital BDC, Inc. and Subsidiaries for the registration of $800,000,000 of its common stock, preferred stock, warrants representing rights to purchase shares of common stock, preferred stock or debt securities, subscription rights, or debt securities and to the incorporation by reference therein of our reports dated November 28, 2018, with respect to the consolidated financial statements of Golub Capital BDC, Inc. and Subsidiaries and the effectiveness of internal control over financial reporting of Golub Capital BDC, Inc. and Subsidiaries included in its Annual Report (Form 10-K) for the year ended September 30, 2018, filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP
Chicago, Illinois
June 26, 2019