Portman Ridge Finance Corporation Aktie News

BCP Investment Corporation stands out as the most attractive private credit opportunity, trading at a 26.5% discount to NAV and launching a NAV-accretive tender offer. Shareholders can specify a price they would be willing to sell in 13 cent increments between $13.63 and $14.93. Both are meaningfully above market and below NAV. BCIC has avoided portfolio pitfalls that many of the banks and some...

Portman Ridge Finance Corporation (NASDAQ:PTMN ) Q2 2025 Earnings Conference Call August 8, 2025 10:00 AM ET Company Participants Brandon Satoren - Chief Financial Officer, Secretary & Treasurer Edward Joseph Goldthorpe - Chairman, CEO & President Patrick Schafer - Chief Investment Officer & Director Conference Call Participants Christopher Whitbread Patrick Nolan - Ladenburg Thalmann & Co. Inc...

Completed Merger with Logan Ridge Finance Corporation Reports Net Investment Income of $4.6 Million, or $0.50 Per Share for the Second Quarter Announces Third Quarter 2025 Quarterly Base Distribution of $0.47 Per Share and Supplemental Distribution of $0.02 per share NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) a...

NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge” or the “Company”) is to release its financial results for the second quarter ended June 30, 2025, on Thursday, August 7, 2025, after market close. The Company will host a conference call on Friday, August 8, 2025, at 10:00 a.m.

NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) today announced the closing of the previously announced merger of Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) with and into PTMN, with PTMN remaining as the surviving company. Based on July 11, 2025 financial data, the combined company had total a...

We take a look at the action in business development companies through the third week of June and highlight some of the key themes we are watching. The BDC sector remains range-bound, with high-premium names outperforming. Portman Ridge Finance rebrands as BCP Investment Corporation, introduces monthly distributions, share buybacks, and adviser stock purchases post-merger with LRFC.

NEW YORK, June 27, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) announced today that it obtained shareholder approval for the issuance of PTMN common stock in connection with the proposed merger of Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) with and into PTMN (the “Share Issuance Proposal”) following the adjo...

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.