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Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended June 30, 2025, and Quarterly and Supplemental Distribution
Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended June 30, 2025, and Quarterly and Supplemental Distribution
About this update from Investcorp Credit Management Bdc, Inc.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nInvestcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (“ICMB” or the “Company”) announced its financial results today for its fiscal quarter ended June 30, 2025.\n\n\nHIGHLIGHTS\n\n\n\nOn August 7, 2025, the Company’s Board of Directors (the “Board”) declared a distribution of $0.12 per share for the quarter ending September 30, 2025, payable in cash on October 9, 2025, to stockholders of record as of September 18, 2025, and a supplemental distribution of $0.02 per share, payable on October 9, 2025, to stockholders of record as of September 18, 2025.\n\n\n\nDuring the quarter, ICMB made investments in one new portfolio company and four existing portfolio companies. These investments totaled $19.0 million, at cost. The weighted average yield (at origination) of debt investments made in the quarter was 9.03%.\n\n\n\nICMB fully realized its investments in three portfolio companies during the quarter, totaling $9.5 million in proceeds. The internal rate of return on these investments was 32.82%.\n\n\n\nDuring the quarter, the Company had net advances of $2.9 million on new and existing delayed draw and revolving credit commitments to portfolio companies.\n\n\n\nThe weighted average yield on debt investments, at fair market value, for the quarter ended June 30, 2025, was 10.57%, compared to 10.95% for the quarter ended March 31, 2025.\n\n\n\nNet asset value decreased $0.15 per share to $5.27, compared to $5.42 as of March 31, 2025. Net assets decreased by $2.1 million, or 2.71%, during the quarter ended June 30, 2025 compared to March 31, 2025.\n\n\n\n\n\nPortfolio results, as of and for the three months ended June 30, 2025:\n\n\n\n\n\n \n\n\n\nTotal assets\n\n\n\n\n\n\n$224.1mm\n\n\n\n\n\n\n\n\nInvestment portfolio, at fair value\n\n\n\n\n\n\n$204.1mm\n\n\n\n\n\n\n\n\nNet assets\n\n\n\n\n\n\n$76.0mm\n\n\n\n\n\n\n\n\nWeighted average yield on debt investments, at fair market value (1)\n\n\n\n\n\n\n10.57%\n\n\n\n\n\n\n\n\nNet asset value per share\n\n\n\n\n\n\n$5.27\n\n\n\n\n\n\n\n\nPortfolio activity in the current quarter:\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNumber of investments in new portfolio companies during the period\n\n\n\n\n\n\n1\n\n\n\n\n\n\n\n\nNumber of portfolio companies invested in, end of period\n\n\n\n\n\n\n43\n\n\n\n\n\n\n\n\nTotal capital invested in existing portfolio companies (2)\n\n\n...