Portman Ridge Q2 NII $0.57/shr; NAV falls to $27.26; non-accruals halved

BCP Investment Corp

2023-Q2 EPS reported -$0.45

Net investment income $5.5M ($0.57/shr) vs $11.7M ($1.51) in Q2 2021; net loss per share $0.88.
NAV per share $27.26, down 5% from Q1 2022; total investments at fair value $581.5M.
Non-accrual debt investments reduced to 3 (from 6 in Q1); portfolio yield rose to 8.7%.
Refinanced credit facility: SOFR benchmark, margin cut to 2.80%, maturity extended to April 2026.
Maintained $0.63 quarterly dividend; repurchased 106,627 shares in Q2 for $2.5M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.