Welcome to our dedicated page for Bain Capital Specialty Finance news (Ticker: BCSF), a resource for investors and traders seeking the latest updates and insights on Bain Capital Specialty Finance stock.
Bain Capital Specialty Finance, Inc. (NYSE: BCSF) is an externally managed specialty finance company that focuses on lending to middle-market companies and operates as a business development company under the Investment Company Act of 1940. Its news flow provides insight into how the company originates and manages secured credit investments, finances its balance sheet and returns capital to shareholders.
BCSF regularly issues press releases announcing quarterly and annual financial results, along with details on net investment income, net income per share, net asset value per share and portfolio composition. These updates often highlight the mix of first lien senior secured loans, second lien loans, subordinated debt, preferred equity, equity interests and investment vehicles in its portfolio, as well as the percentage of floating rate debt investments and the level of non-accruals.
Investors following BCSF news will also see frequent announcements about dividends. The company has disclosed recurring quarterly dividends on its common stock, additional dividends for specific years and special dividends, such as a $0.15 per share special dividend intended to manage tax and RIC distribution requirements. Dividend declarations are typically accompanied by record and payment dates and are furnished to the SEC via Form 8-K.
Other notable news items include capital markets transactions and financing activities, such as the pricing and issuance of senior unsecured notes due 2030 and the refinancing of a term debt securitization through a CLO reset transaction. BCSF also announces the scheduling of earnings releases and conference calls, providing dial-in details and webcast information, and discloses certain management and governance changes through press releases and related 8-K filings.
This news page aggregates these updates so readers can review earnings announcements, dividend decisions, capital structure developments and portfolio-related disclosures for Bain Capital Specialty Finance, Inc. over time.
Bain Capital Specialty Finance, Inc. (NYSE: BCSF) will announce its financial results for Q4 and the fiscal year ended December 31, 2021, on February 23, 2022, after market close. A conference call for discussing these results is scheduled for February 24, 2022, at 8:30 a.m. ET. An archived replay will be available post-call until March 3, 2022. Since its inception on October 13, 2016, BCSF has invested approximately $4.7 billion across various debt and equity investments.
Bain Capital Specialty Finance reported its Q3 2021 results with net investment income per share unchanged at $0.34 and net income per share at $0.36, a drop from $0.66 in Q2. The total fair value of investments rose to $2.36 billion, with net asset value per share increasing slightly to $17.03. The company declared a dividend of $0.34 for Q4. Investment activity included $286.4 million in new fundings across 39 portfolio companies. The debt-to-equity ratio stood at 1.15x.
Bain Capital Specialty Finance (BCSF) will report its third-quarter financial results for the period ending September 30, 2021, on November 3, 2021, after market close. A conference call to discuss these results is scheduled for November 4, 2021, at 8:00 a.m. ET. BCSF, a specialty finance company, focuses on middle-market lending and has invested approximately $4.4 billion since October 2016. For further details, visit their website.
Bain Capital Specialty Finance has priced an offering of
Bain Capital Specialty Finance (BCSF) reported solid second-quarter results for 2021, with net investment income per share steady at $0.34 and net income per share increasing to $0.66 from $0.49 in the previous quarter. The company declared a quarterly dividend of $0.34 per share, consistent with the prior quarter. Net asset value per share rose to $17.01 from $16.69. The investment portfolio's fair value was $2,319.5 million, although net investment activity reflected a decrease of $(44.5) million. The company remains positioned to leverage new opportunities.
Bain Capital Specialty Finance, Inc. (BCSF) will report its Q2 financial results for the period ending June 30, 2021, on August 4, 2021, after market close. A conference call to discuss these results will take place on August 5, 2021, at 8:30 a.m. Eastern Time. The company focuses on lending to middle-market firms and has invested approximately $4.2 billion since its operations began in October 2016. The investment strategy includes secured debt and equity investments.
Bain Capital Specialty Finance reported its Q1 2021 results, showing strong earnings driven by higher interest income and improved credit metrics. The net investment income per share remained steady at $0.34, while net income per share decreased to $0.49 from $0.61 in the previous quarter. The net asset value per share increased to $16.69. The company also declared a dividend of $0.34 per share for Q2 2021, while diversifying its liabilities and forming a joint venture in Europe and Australia. Moody's assigned BCSF a Baa3 rating with a stable outlook.
Bain Capital Specialty Finance, Inc. (NYSE: BCSF) announced that it will report its financial results for Q1 ended March 31, 2021, on May 5, 2021, post-market. A conference call is scheduled for May 6, 2021, at 8:30 a.m. ET, to discuss these results. Participants can access the call via a designated dial-in and through BCSF's website. Since its investment operations began in 2016, BCSF has invested approximately $3.9 billion in debt and equity investments, focusing on secured debt to generate income and capital appreciation.
Bain Capital Specialty Finance, Inc. (BCSF) has priced an offering of $300 million in 2.950% senior unsecured notes due 2026. The offering, which will close on or about March 10, 2021, aims to repay certain outstanding debts and potentially finance new investments. The notes can be redeemed at par one month before their maturity, with Goldman Sachs serving as the underwriter. Investors are encouraged to review related documents filed with the SEC for comprehensive investment details.
Bain Capital Specialty Finance, Inc. (BCSF) has received an investment grade rating of Baa3 with a Stable outlook from Moody’s Investors Service. This rating highlights the company’s robust credit performance and the expertise of Bain Capital Credit's management. Michael Boyle, President of BCSF, noted that this milestone enhances the company's ability to optimize its liabilities structure. Since its inception in October 2016, BCSF has invested approximately $3.91 billion in debt and equity investments, focusing on generating current income and capital appreciation through various financial strategies.