Welcome to our dedicated page for Investcorp Cr Mgmt Bdc news (Ticker: ICMB), a resource for investors and traders seeking the latest updates and insights on Investcorp Cr Mgmt Bdc stock.
Investcorp Credit Management BDC Inc (ICMB) is a New York-based financial services firm specializing in private debt and equity investments for middle-market companies. This news hub provides investors and financial professionals with timely updates on ICMB's strategic activities and market developments.
As a centralized resource for ICMB-related news, this page offers comprehensive coverage of key financial events and corporate communications. Users can efficiently track the company's evolving position in the business development sector through verified press releases and objective reporting.
The curated news collection includes updates on portfolio performance, credit management strategies, and regulatory filings, providing insights into ICMB's approach to generating shareholder value through middle-market investments. All content is carefully organized to support informed decision-making for both institutional and individual investors.
Bookmark this page for direct access to ICMB's latest announcements and analysis relevant to private credit markets. Regularly updated content ensures stakeholders maintain informed perspectives on the company's financial trajectory and industry leadership.
Investcorp Credit Management BDC, Inc. (ICMB) reported its fiscal second quarter results for the period ending December 31, 2022. The Company's net investment income reached $2.3 million, or $0.16 per share, with a net increase in net assets of $0.6 million, equivalent to $0.04 per share. A distribution of $0.13 per share, alongside a supplemental $0.02 per share, was declared for the upcoming quarter, representing a 17.05% yield based on a share price of $3.52 as of December 31, 2022. However, net asset value per share decreased from $6.47 to $6.36, while the weighted average yield on debt investments fell to 10.73% from 11.91%. Total assets decreased to $239.4 million, reflecting overall market volatility.
Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) has announced the release date for its financial results for the quarter ended December 31, 2022. The results will be available on February 13, 2023, after market close. An earnings conference call is scheduled for February 14, 2023, at 1:00 PM ET, accessible for interested participants via a provided dial-in method. The Company aims to achieve total return for stockholders through investments in middle-market companies with revenues exceeding $50 million.
Investcorp Credit Management BDC, Inc. (ICMB) reported its fiscal first-quarter results for the period ending September 30, 2022. The company declared a distribution of $0.13 per share and an additional $0.02 per share, both payable on January 10, 2023. ICMB invested $19.3 million in four new portfolio companies, achieving a weighted average yield of 10.02%. The net asset value per share decreased to $6.47, reflecting a $0.03 decline. Net investment income was reported at $2.3 million, or $0.16 per share, while net assets saw a slight decrease of 0.5% to $93 million.
Investcorp Credit Management BDC, Inc. (ICMB) will release its financial results for the quarter ending September 30, 2022, on November 14, 2022, after market close. An earnings conference call is scheduled for November 15, 2022, at 1:00 PM ET. Interested participants can join via phone or access a replay on the company's website. ICMB focuses on maximizing total returns through investments in middle-market companies, typically generating over $50 million in revenue and $15 million in EBITDA.
Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) reported its fiscal Q4 results for the period ending June 30, 2022. The company declared a quarterly distribution of $0.15 per share, yielding 14.15%. During the quarter, ICMB invested $28.7 million in new and existing portfolio companies, realizing $29.7 million from four companies. The company's net asset value decreased to $6.50 per share, down from $6.93. Despite volatility in market spreads, the CEO expressed optimism about recovery. Net investment income was $2.5 million for the quarter, while net assets decreased by 6.26% to $93.5 million.
Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) will release its financial results for the quarter and year ended June 30, 2022, on September 6, 2022, after market close. The Company will hold an earnings conference call on September 7, 2022, at 1:00 PM ET, accessible by phone. As a non-diversified management investment company, ICMB focuses on maximizing total returns through investments in middle-market companies with revenues of at least $50 million. Further details can be found on the company's website.
Investcorp Credit Management BDC (ICMB) reported its financial results for Q3 FY2022, ended March 31, 2022. The company declared a quarterly distribution of $0.15 per share, reflecting an 11.56% annualized yield based on a $5.19 share price. ICMB made $23.8 million in investments while realizing $46.7 million from seven exits, achieving an internal rate of return of 9.56%. However, net asset value decreased by $0.16 to $6.93, and net assets fell by 2.17% to $99.8 million. The weighted average yield on debt investments was 8.14%, slightly down from the previous quarter.
Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) announced it will release its financial results for the quarter ending March 31, 2022, on May 9, 2022, after market close. An earnings conference call is scheduled for May 10, 2022, at 1:00 PM ET, where participants can engage via phone. The company focuses on maximizing returns through debt and equity investments in middle-market companies with revenues of at least $50 million. It is externally managed and regulated as a business development company.
On February 7, 2022, Investcorp Credit Management BDC (NASDAQ: ICMB) reported its fiscal Q2 results for the period ending December 31, 2021. The company declared a cash distribution of $0.15 per share for Q1 2022, reflecting a 12.12% yield. During the quarter, ICMB invested $66.5 million in 14 portfolio companies, achieving a weighted average yield of 7.83%. The net asset value increased to $7.09 per share with net assets rising by 1.29%. Net investment income totaled $2.1 million, or $0.15 per share.
Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) will release its financial results for the quarter ending December 31, 2021, on February 7, 2022. An earnings conference call is scheduled for February 8, 2022, at 1:00 PM ET. The Company focuses on maximizing shareholder returns through investments in middle-market companies with at least $50 million in revenue and $15 million in earnings before interest, taxes, depreciation, and amortization. Forward-looking statements in the release highlight potential risks, including those stemming from the COVID-19 pandemic and market volatility.
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