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Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended September 30, 2025, and Quarterly and Supplemental Distribution
Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended September 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 September 30, 2024.\n\n\nHIGHLIGHTS\n\n\n\nOn November 6, 2024, the Company’s Board of Directors (the “Board”) declared a distribution of $0.12 per share for the quarter ending December 31, 2024, payable in cash on January 8, 2025, to stockholders of record as of December 20, 2024.\n\n\n\nDuring the quarter, ICMB made investments in three new portfolio companies and three existing portfolio companies. These investments totaled $13.1 million, at cost, of which $0.5 million represents the reinstatement of previously recorded paydowns for interest received from Klein Hersh, LLC while it was on non-accrual status. The weighted average yield (at origination) of debt investments made in the quarter was 10.73%.\n\n\n\nICMB fully realized its investments in two portfolio companies during the quarter, totaling $13.4 million in proceeds. The internal rate of return on these investments was 11.75%.\n\n\n\nDuring the quarter, the Company had net repayments of $7,500 on its existing delayed draw and revolving credit commitments to portfolio companies.\n\n\n\nThe weighted average yield on debt investments, at cost, for the quarter ended September 30, 2024, was 10.51%, compared to 12.33% for the quarter ended June 30, 2024.\n\n\n\nNet asset value increased $0.34 per share to $5.55, compared to $5.21 as of June 30, 2024. Net assets increased by $4.9 million, or 6.50%, during the quarter ended September 30, 2024 compared to June 30, 2024.\n\n\n\nPortfolio results, as of and for the three months ended September 30, 2024:\n\n\n\n\nTotal assets\n\n\n\n\n\n\n\n\n\n$203.0mm\n\n\n\n\n\n\n\n\nInvestment portfolio, at fair value\n\n\n\n\n\n\n\n\n\n$190.1mm\n\n\n\n\n\n\n\n\nNet assets\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$79.89mm\n\n\n\n\n\n\n\n\nWeighted average yield on debt investments, at cost (1)\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n10.51%\n\n\n\n\n\n\n\n\nNet asset value per share\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$5.55\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\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNumber of investments in new portfolio companies during ...