Here are the 10-K annual reports from Investcorp Credit Management BDC, Inc. (ICMB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ICMB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ICMB filings page.
Investcorp Credit Management BDC, Inc. is an externally managed business development company focused on lending to U.S. middle‑market firms, generally with enterprise values under $750 million. The company targets first and second lien and unitranche loans, plus selective unsecured and equity positions.
As of December 31, 2025, the portfolio held debt and equity investments in 37 companies with fair value of $172.7 million, concentrated in first lien debt and floating‑rate structures. Key sectors include professional services, IT services, insurance, diversified consumer services and commercial services & supplies.
The company uses a $100 million senior secured revolving credit facility with Capital One, maturing in 2029, now priced at SOFR plus 2.50%. Management emphasizes rigorous underwriting, covenant protections and partnerships with private equity sponsors to seek attractive risk‑adjusted returns and capital preservation.