secwatch.observer — SEC 8-K summary
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Issuer:     BCP Investment Corp (BCIC)
CIK:        0001372807
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001193125-23-277204
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portman Ridge Q3 NII falls to $0.75/shr but NAV rises to $22.65; dividend increased
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- Q3 2023 total investment income $18.6M, down from $19.0M YoY and $19.6M QoQ.
- NII $7.2M ($0.75/shr) vs $8.4M ($0.87/shr) YoY; core investment income $18.3M, up from $17.6M.
- NAV per share $22.65 vs $22.54 QoQ; repurchased 60,559 shares for $1.2M in Q3.
- Declared Q4 dividend $0.69/shr (+$0.02 YoY); full year 2023 distributions $2.75/shr, up 7.4%.
- Non-accruals at 1.6% of fair value; net leverage 1.34x, down from 1.39x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372807/000119312523277204/0001193125-23-277204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372807/000119312523277204/d386547d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-277204

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