GlobeNewswire·Nov 11, 2026, 6:07 PM ET

BCP Investment Corporation Announces Third Quarter 2026 Financial Results

BCIC ICMB

BCP Investment Corporation (BCIC) announced third-quarter 2026 financial results with total investment income of $13.9 million, net investment income of $4.6 million ($0.37 per share), and a net asset value of $162.7 million ($13.13 per share).
Non-accrual debt investments declined to 10 across 7 portfolio companies, representing 2.8% of the portfolio at fair value.
BCIC entered a merger agreement to acquire Investcorp Credit Management BDC, Inc. (ICMB) at 90% of ICMB's closing net asset value, with the transaction expected to be accretive for both companies.
The company declared a monthly base distribution of $0.09 per share for January, February, and March 2027.
BCIC amended its KeyBank Credit Facility to increase committed capacity to $150 million, reduce borrowing spreads, and extend the maturity date to August 2031.
The company issued $10.0 million of additional 7.50% notes due 2029 and redeemed its remaining 2026 Notes, eliminating near-term debt maturities.
Total investment income decreased to $13.9 million in the third quarter of 2026 from $15.2 million in the second quarter 2026.
Net asset value per share decreased to $13.13 from $14.49 as of June 30, 2026, due to unrealized mark-to-market movements.
The company reported net repayments and sales of approximately $5.8 million during the quarter, with deployments of $3.1 million offset by repayments and sales of $8.9 million.
Management expects to favor debt repayment and share repurchases over new investments in the coming quarters due to current trading levels.

Company: BCP Investment Corp.
Keywords: Nasdaq:BCIC, BCP Investment Corp.