11 unchanged sentences
is no single standard for determining fair value in good faith.
−Removed: As a result, determining fair value requires that judgment be
−Removed: applied to the specific facts and circumstances of each portfolio investment while employing a consistently applied valuation
−Removed: process for the types of investments we make.
−Removed: Due to the inherent uncertainty of determining the fair value of investments that do
−Removed: not have a readily available market value, the fair value of our investments may fluctuate from period to period.
−Removed: Because of the
−Removed: inherent uncertainty of valuation, these estimated values may differ significantly from the values that would have been used had a
−Removed: ready market for the investments existed, and it is possible that the difference could be material.
−Removed: In addition, if we were required
−Removed: to liquidate a portfolio investment in a forced or liquidation sale, we may realize amounts that are different from the amounts
−Removed: presented and such differences could be material.
−Removed: Refer to “Note 4—Investments at Fair Value”.
+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
+Added: types of investments we make.
+Added: Due to the inherent uncertainty of determining the fair value of investments that do not have a readily
+Added: available market value, the fair value of our investments may fluctuate from period to period.
+Added: Because of the inherent uncertainty of
+Added: valuation, these estimated values may differ significantly from the values that would have been used had a ready market for the investments
+Added: existed, and it is possible that the difference could be material.
+Added: In addition, if we were required to liquidate a portfolio investment
+Added: in a forced or liquidation sale, we may realize amounts that are different from the amounts presented and such differences could be material.
are subject to financial market risks, which could include, to the extent we utilize leverage with variable rate structures, changes
3 unchanged sentences
have an adverse effect on the business, financial condition and results of operations of the portfolio companies in which we invest.
−Removed: As of September 30, 2025, all of our debt investments and outstanding borrowings bore fixed rates of interest.
+Added: As of March 31, 2026, all of our debt investments and outstanding borrowings bore fixed rates of interest.
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.