Crescent Capital BDC, Inc. (CCAP) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and afternoon, ladies and gentlemen, and welcome to the Q2 2023 Crescent Capital BDC, Inc. Earnings Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. Also know that this call is being recorded on Thursday, August 10, 2023. I would now like to turn the conference over to Dan McMahon. Please go ahead. Good morning, and welcome to Crescent Capital BDC, Inc.' 's second quarter and to June 30th, 2023 earnings conference call. Please note that Crescent Capital BDC may be referred to as CCAP, Crescent BDC, or the company throughout the call. Before we begin, I'll start with some important reminders. Comments made over the course of this conference call and webcast may contain forward-looking statements and are subject to risks and uncertainties. The company's actual results could differ materially from those expressed in such forward-looking statements for any reason, including those listed in its SEC filings. The company assumes no obligation to update any such forward-looking statements. Please also note that past performance or market information is not a guarantee of future results. During this conference call, we may discuss certain non-GAAP measures as defined by SEC Regulation G, such as adjusted net investment income or NII per share. The company believes that adjusted NII per share provides useful information to investors regarding financial performance because it's one method the company uses to measure its financial condition and results of operations. The reconciliation of adjusted net investment income per share to net investment income per share the m...