secwatch.observer — SEC 8-K summary
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Issuer:     BCP Investment Corp (BCIC)
CIK:        0001372807
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001193125-24-256058
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portman Ridge Q3 NII $0.63/share, NAV $20.36; declares $0.69 dividend
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- NII of $0.63 per share vs $0.75 in Q3 2023; total investment income $15.2M, down from $18.6M YoY.
- NAV per share fell to $20.36 from $21.21 in prior quarter; total NAV $188.0M.
- Repurchased 33,429 shares for ~$0.6M during Q3, accretive $0.01 per share.
- Upsized JPM Credit Facility by $85M to $200M, reduced margin to 2.50%, extended maturity to 2027; refinanced $85M Secured Notes.
- Declared Q4 distribution of $0.69/share, payable Nov 29, 2024 to holders of record Nov 19.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372807/000119312524256058/0001193125-24-256058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372807/000119312524256058/d812270d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-256058

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