23 unchanged sentences
There is no single standard for determining fair value.
−Removed: As a result, determining fair value requires that judgment be applied to the specific facts and circumstances of each portfolio investment while employing a consistently applied valuation process for the types of investments we make.
+Added: As a result, determining fair value requires that judgment be applied
+Added: to the specific facts and circumstances of each portfolio investment while employing a consistently applied valuation process for the types of investments we make.
If we were required to liquidate a portfolio investment in a forced or liquidation sale, we may realize amounts that are different from the amounts presented and such differences could be material.
11 unchanged sentences
Accordingly, we cannot assure shareholders that a significant change in market interest rates will not have a material adverse effect on our net investment income.
−Removed: As of March 31, 2026, on a fair value basis, 59.3% of performing debt investments bore interest at a floating rate and 40.7% of performing debt investments bore interest at a fixed rate, respectively.
+Added: As of June 30, 2026, on a fair value basis, 55.4% of performing debt investments bore interest at a floating rate and 44.6% of performing debt investments bore interest at a fixed rate, respectively.
Our borrowings under our Revolving Credit Facility bear interest at a floating rate and our TCGSL Credit Facility and 2027 Senior Notes bear interest at a fixed rate.
−Removed: As of March 31, 2026, the weighted average floor of the investments in our portfolio based on outstanding principal was 3.8%.
−Removed: Based on our March 31, 2026 Consolidated Statements of Assets and Liabilities, the following table shows the annual impact on net income of base rate changes in interest rates (considering interest rate floors for variable rate instruments) assuming no changes in our investment and borrowing structure:
+Added: As of June 30, 2026, the floating benchmark rates included one-month and three-month SOFR and U.S.
+Added: One-month SOFR was quoted at 3.7% and subject to a weighted average floor of 3.7% based on outstanding principal.
+Added: Three-month SOFR was quoted at 3.7% and subject to a weighted average floor of 2.5% based on outstanding principal.
+Added: prime rate was quoted at 6.75% and subject to a weighted average floor of 4.5% based on outstanding principal.
+Added: Based on our June 30, 2026 consolidated statement of assets and liabilities, the following table shows the annual impact on net investment income of base rate changes in interest rates on performing investments (considering interest rate floors for variable rate instruments) assuming no changes in our investment and borrowing structure:
Basis Point Change Interest Income Interest Expense Net Investment Income
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.