---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-217548"
form_type: "8-K"
ticker: "BCIC"
cik: "0001372807"
company_name: "BCP Investment Corp"
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T00:42:59.126309+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-217548
- form_type: 8-K
- ticker: BCIC
- cik: 0001372807
- company_name: BCP Investment Corp
- filed_at: 2022-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1372807/000119312522217548/0001193125-22-217548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1372807/000119312522217548/d352188d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-217548
- JSON: https://secwatch.observer/filing/0001193125-22-217548.json
- Plain text: https://secwatch.observer/filing/0001193125-22-217548.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.