Debt (Tables)

3 Months Ended

Mar. 31, 2026

Debt consisted of the following (in thousands):


	As of March 31, 2026								As of December 31, 2025
	Aggregate Principal Amount Committed		Drawn Amount		Amount Available (1)		Carrying Value(2)(3)		Aggregate Principal Amount Committed		Drawn Amount		Amount Available (1)		Carrying Value(2)(3)
JPM Funding Facility	$	400,000	$	211,901	$	188,099	$	211,901	$	400,000	$	120,000	$	280,000	$	120,000

(1)The amount available is subject to any limitations related to the credit facility borrowing base.

(2)The amount presented excludes netting of deferred financing costs.

(3)As of March 31, 2026 and December 31, 2025, the carrying amount of the Company’s outstanding debt approximated fair value, unless otherwise noted.

The borrowing expenses incurred under the JPM Funding Facility were as follows:


(in $ thousands)	For the three months ended March 31, 2026		For the three months ended March 31, 2025

Borrowing interest expense	$	2,332	$	-
Unused facility fees		391		-
Amortization of financing costs		234		-
Total interest and credit facility expenses	$	2,957	$	-
Weighted average outstanding balance	$	166,097	$	-

CCS IX Portfolio Holdings, LLC 10-Q