---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-284627"
form_type: "8-K"
ticker: "ICMB"
cik: "0001578348"
company_name: "Investcorp Credit Management BDC, Inc."
filed_at: "2025-11-17T23:59:59+00:00"
generated_at: "2026-05-16T19:15:45.955710+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ICMB reports Q1 fiscal 2026 NAV drop to $5.04; net investment income down sharply

## Summary
- Net investment income after taxes $0.5M ($0.04 EPS) vs $2.3M ($0.16) in prior-year quarter.
- Net asset value per share fell to $5.04 from $5.27 at June 30, 2025; net assets down 4.3%.
- Board declared $0.12 quarterly plus $0.02 supplemental distribution payable Dec 12, 2025.
- Investcorp Capital plc provided $65M backstop commitment to refinance 4.875% notes due April 2026.
- Weighted average yield on debt investments rose to 10.87% from 10.57% in prior quarter.

## SEC filing metadata
- accession: 0001193125-25-284627
- form_type: 8-K
- ticker: ICMB
- cik: 0001578348
- company_name: Investcorp Credit Management BDC, Inc.
- filed_at: 2025-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1578348/000119312525284627/0001193125-25-284627-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1578348/000119312525284627/d83564d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-284627
- JSON: https://secwatch.observer/filing/0001193125-25-284627.json
- Plain text: https://secwatch.observer/filing/0001193125-25-284627.txt

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