315 晚会看点速览： 1. 知名母婴、卫生品牌残次料竟被翻新售卖 2. 一次性内裤徒手制作，根本不杀菌 3. 曝光维修刺客啄木鸟 只开个水龙头收费 100 元 4. 保水虾仁磷酸盐超标， 1 斤虾仁 7 两冰 5. " 电子签 " 高利贷被曝光，最高年化利率近 6000%… 6. 看个文章，隐私就被窃取了？揭开可怕的信息 " 黑洞 " 7. 接不完的骚扰电话，智能机器人一天打 10 万个 8. 手机抽奖疯狂敛财，有公司号称一天流水 20 亿元 9. 再次剑指非标电线电缆！五金市场公然售卖 今年315晚会以"共铸诚信 提振消费"为主题，关注食品安全、金融安全、数字经济等领域侵害消费者权益的违法行为。 315晚会播出后，网友直接炸翻天，#315骗假不留#更是登上微博热搜。 有网友评论：建议一季度来一次，比如615，915，1215，一年一次太少了。 也有网友评论："今晚的315晚会，堪称现代版《聊斋志异》"，并直呼应加强惩处力度，"共铸诚信，先得铸刑鼎。" 快搬好小板凳，看看今年有哪些"坑"被点名，又有哪些刁民想来害打工人吧 01 知名母婴、卫生品牌残次料竟被翻新售 卖 ， 涉多家米菲、Babycare、苏菲、 ...

Financial Data and Key Metrics Changes - Adjusted net investment income (NII) was $45,000,000 or $0.54 per share for fiscal Q1, down slightly from $0.55 per share in the prior quarter [9][30] - Net asset value (NAV) per share declined to $17.63 from $18.09 last quarter [9][30] - Total debt outstanding was $1,610,000,000 with a weighted average interest rate of 6.2%, down from the previous quarter [32][33] Business Line Data and Key Metrics Changes - The portfolio had a fair value of $2,800,000,000 invested across 136 companies, with a weighted average yield on debt investments at 10.7% [12] - 82% of the portfolio is now in 1st lien position, up from 78% a year ago [12] - The median EBITDA of portfolio companies was $142,000,000 with a median leverage of 5.4 times [13] Market Data and Key Metrics Changes - The company originated $198,000,000 of new investment commitments with a weighted average yield of 9.6%, a slight decline from the previous quarter [23] - Paydowns, exits, and sales in Q1 generated $352,000,000, up from $338,000,000 in the fourth quarter [24] - The company noted that competition between broadly syndicated loans and private credit drove spreads lower, which are now stabilizing [20][21] Company Strategy and Development Direction - The company amended its dividend policy to include a base dividend of $0.40 per share and a supplemental dividend of $0.07 per share [7][8] - The equity raise of $100,000,000 is expected to help grow the asset base and diversify the portfolio [5][33] - The management emphasized a focus on investing in larger companies and strong sectors to further diversify the portfolio [12] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the current environment but expressed optimism about increased deal flow in 2025 due to favorable regulatory conditions and private equity activity [20][21] - The company remains committed to addressing troubled assets and converting them into performing credit assets [54] - Management believes that the current market environment presents attractive investment opportunities [40][66] Other Important Information - The company has a liquidity of approximately $1,100,000,000, including $113,000,000 in cash and $958,000,000 in undrawn capacity on credit facilities [33] - The company reported a $700,000 dividend from the Kemper joint venture [34] Q&A Session Summary Question: Inquiry about the $100,000,000 equity investment and future plans - Management clarified that the investment was made at NAV with a standard lockup provision, allowing for significant dry powder for future investments [38][39] Question: Discussion on the strategic shift towards larger company direct lending - Management explained that the focus on first lien lending is due to better risk-adjusted returns in the current market environment [41][46] Question: Options for upcoming debt maturity - Management indicated that they are considering all options, leveraging existing liquidity and facilities [50] Question: Goals for the company with the new dividend and fee structure - Management stated the goal is to cover the dividend comfortably, grow the asset base, and convert non-performing assets into income-generating assets [52][54] Question: Clarification on supplemental dividend levels - Management indicated that approximately 50% of excess earnings above the base dividend would be paid out as supplemental dividends [58] Question: Rationale for buying back shares at NAV - Management explained that purchasing at NAV allows for asset growth and diversification rather than simply buying shares at a discount [65][66]