---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-174045"
form_type: "8-K"
ticker: "ICMB"
cik: "0001578348"
company_name: "Investcorp Credit Management BDC, Inc."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:33:00.000530+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ICMB reports Q4 2025 portfolio: FMV $172.7M, senior secured 80.8%

## Summary
- Portfolio FMV of $172.7M across 37 companies, 18 industries, 67 positions as of Dec 31, 2025.
- Weighted-average coupon 9.1% (incl. PIK); net leverage 5.2x; interest coverage 2.2x.
- Top 10 holdings comprise 49.4% of FMV ($85.3M); largest is Bioplan at $11.4M FMV.
- Non-accrual rate 6.9%; 90% of FMV rated risk 2 or 3; portfolio LTV 46.3%.
- Weighted-average debt maturity 2.7 years; portfolio EBITDA $192M (median $53.7M).

## SEC filing metadata
- accession: 0001193125-26-174045
- form_type: 8-K
- ticker: ICMB
- cik: 0001578348
- company_name: Investcorp Credit Management BDC, Inc.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1578348/000119312526174045/0001193125-26-174045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1578348/000119312526174045/d20949d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-174045
- JSON: https://secwatch.observer/filing/0001193125-26-174045.json
- Plain text: https://secwatch.observer/filing/0001193125-26-174045.txt

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