Investcorp Credit Management BDC, Inc. (ICMB) Tops Q1 EPS by 9c

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Investcorp Credit Management BDC, Inc. Announces Preliminary Financial Results for the Quarter Ended September 30, 2021 and Quarterly Distribution

November 8, 2021 4:25 PM EST

NEW YORK, Nov. 8, 2021 /PRNewswire/ -- Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) ("ICMB" or the "Company") announced its financial results today for its fiscal first quarter ended September 30, 2021. 

HIGHLIGHTS

On November 3, 2021, the Company's Board of Directors (the "Board") declared a distribution for the quarter ending December 31, 2021 of $0.15 per share, payable on January 4, 2022, to stockholders of record as of December 10, 2021. ICMB made two investments in new portfolio companies and four investments in existing portfolio companies. These investments totaled $18.1 million. The weighted average yield of debt... More