secwatch.observer — SEC 8-K summary
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Issuer:     BCP Investment Corp (BCIC)
CIK:        0001372807
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001193125-24-198900
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portman Ridge Q2 NII $0.70/share; NAV falls to $21.21; credit facility upsized to $200M
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- Net investment income $6.5M ($0.70/share) vs $0.67 in Q1 and $0.83 in Q2 2023.
- NAV per share $21.21, down from $22.57 in Q1; total NAV $196.4M.
- Non-accrual debt investments rose to 9 (4.5% at amortized cost) from 7 (3.2%) in Q1.
- Credit facility amended: size increased to $200M from $115M, margin cut to 2.50%, maturity extended to Aug 2027.
- Declared Q3 dividend $0.69/share payable Aug 30; repurchased 79,722 shares for $1.6M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372807/000119312524198900/0001193125-24-198900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372807/000119312524198900/d697391d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-198900

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