secwatch.observer — SEC 8-K summary
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Issuer:     Investcorp Credit Management BDC, Inc. (ICMB)
CIK:        0001578348
Form:       8-K
Filed at:   2026-05-13T20:24:28+00:00
Accession:  0001193125-26-221718
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1578348/000119312526221718/0001193125-26-221718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1578348/000119312526221718/d127978d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-221718

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