secwatch.observer — SEC 8-K summary
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Issuer:     Bain Capital Specialty Finance, Inc. (BCSF)
CIK:        0001655050
Form:       8-K
Filed at:   2026-08-10T20:57:12+00:00
Accession:  0001193125-26-342607
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BCSF Q2 NII $0.44/share covers dividend; NAV down to $16.65; non-accruals rise to 3.2%
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- Q2 2026 NII of $0.44/share ($28.6M), vs $0.42 in Q1 2026 and $0.47 in Q2 2025; $0.42 dividend covered.
- NAV per share fell to $16.65 from $16.86 at March 31, 2026; net income $0.22/share on $14.6M net realized/unrealized losses.
- Non-accruals jumped to 3.2% of portfolio at amortized cost (2.2% fair value) from 1.4%/0.6% at March 31; 4 companies on non-accrual.
- Declared $0.42/share Q3 2026 dividend, record Sept 15, 2026, payable Sept 29, 2026; unchanged from prior quarter.
- Net debt-to-equity 1.22x (from 1.28x); weighted avg debt rate rose to 5.0% from 4.6%; $438M undrawn commitments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655050/000119312526342607/0001193125-26-342607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655050/000119312526342607/bcsf-20260810.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-342607

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