Logan Ridge Finance Corporation Aktie News

The Company's Investment Adviser Will Finance an Incremental $0.47 Per Share Payment to Logan Ridge Shareholders Immediately Prior to Closing.

We take a look at the action in business development companies through the first week of June and highlight some of the key themes we are watching. BDC are flat year-to-date on average, with valuations below historical averages. Net investment income declines are sector-wide, driven by rate changes, not management issues; NII is expected to stabilize as rates have leveled off.

Stockholders of LRFC Who Have Voted Thus Far Have Expressed Strong Support for the Proposed Merger Both Leading Independent Proxy Advisors, Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), Have Recommended LRFC Stockholders Vote “FOR” the Merger Proposal NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or ...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Logan Ridge Finance Corporation (NasdaqGS: LRFC) to Portman Ridge Finance Corporation (NasdaqGS: PTMN). Under the terms of the proposed transaction, shareholders of Logan Ridge will receive 1.50 newly issued share...

Logan Ridge Finance Corporation faces significant challenges, including declining net investment income and questionable credit quality, making it a risky investment for income-focused investors. Despite a potential merger with Portman Ridge Finance Corp., which could provide benefits, LRFC's current financial instability and high probability of a dividend cut are concerning. LRFC's portfolio h...

Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q1 2025 Earnings Conference Call May 9, 2025 11:00 AM ET Company Participants Ted Goldthorpe – Chief Executive Officer, President and Director Brandon Satoren – Chief Financial Officer Patrick Schafer – Chief Investment Officer Conference Call Participants Christopher Nolan – Ladenburg Thalmann Steven Martin – Slater Capital Operator Good morning, ...

Reports Solid First Quarter Results with Net Investment Income of $0.35 Per Share and a Net Asset Value of $29.66 Per Share

BDCs have gone through a notable repricing. Some of them are trading now at a deep discount territory. These deep discounts enhance the risk to reward ratios, especially for those that have been unfairly punished.