Increased Commitments in Credit Facility
SUNS added $90 million of additional commitments to its senior secured revolving credit facility, totaling $140 million with the potential to expand to $200 million, highlighting the strength of its lending platform.
Strong Distributable Earnings
SUNS generated distributable earnings of $0.31 per share, covering the $0.30 dividend per share.
Robust New Deal Pipeline
As of August 1, 2025, SUNS has 5 signed nonbinding term sheets totaling approximately $275 million, indicating a significant increase in pipeline activity.
High Portfolio Yield
The portfolio yield to maturity is approximately 12.2%, with 86% of the portfolio at floating rates, potentially increasing net interest margin.