The Company announced that it has commenced a registered public offering of notes. The interest rate and other terms of the Notes will be determined at the time of pricing of the offering.

The Company intends to use all or substantially all of the net proceeds from the offering to repay amounts outstanding under its existing indebtedness, including $35 million aggregate principal amount of its 6.50% unsecured notes due 2025, to fund new investments in accordance with its investment objective and strategies and for general corporate purposes. As of 2021-11-19, the Fund’s leverage was 52.7% and Debt Focused BDC Group leverage was 48.5%.