---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-221718"
form_type: "8-K"
ticker: "ICMB"
cik: "0001578348"
company_name: "Investcorp Credit Management BDC, Inc."
filed_at: "2026-05-13T20:24:28+00:00"
generated_at: "2026-05-13T20:25:40.784210+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ICMB Q1 2026 NAV drops 14% to $3.65; net loss of $8.6M from operations

## Summary
- Net asset value per share fell to $3.65 from $4.25, a decline of $0.60; net assets decreased $8.6M (14%).
- Net investment income before taxes was $0.3M ($0.02 per share); total investment income $3.55M, down 19% YoY.
- Weighted average yield on debt investments rose to 11.95% from 10.56% in prior quarter; portfolio fair value $151.4M.
- Refinanced 4.875% Notes with SOFR+5.5% floating‐rate notes due 2029; cut Capital One facility from $100M to $50M.
- Adviser waived $456k of management fees; no common dividend declared for the quarter.

## SEC filing metadata
- accession: 0001193125-26-221718
- form_type: 8-K
- ticker: ICMB
- cik: 0001578348
- company_name: Investcorp Credit Management BDC, Inc.
- filed_at: 2026-05-13T20:24:28+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1578348/000119312526221718/0001193125-26-221718-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1578348/000119312526221718/d127978d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-221718
- JSON: https://secwatch.observer/filing/0001193125-26-221718.json
- Plain text: https://secwatch.observer/filing/0001193125-26-221718.txt

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