$LRFC News

Last published 1y ago

1y agoLRFC PTMN TURNMount Logan Capital Inc. Announces Second Quarter 2025 Financial ResultsGlobeNewswireDeclared quarterly distribution of C$0.02 per common share in the third quarter of 2025, the twenty-fourth consecutive quarter of a shareholder distribution Asset management segment generated $8.4 million in Fee
1y agoLRFC PTMNPortman Ridge Finance Corporation Closes Merger with Logan Ridge Finance CorporationGlobeNewswireNEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or "PTMN") today announced the closing of the previously announced merger of Logan Ridge Finance Corporation
1y agoLRFC PTMNPortman Ridge Finance Corporation Announces Shareholder Approval of Merger with Logan Ridge Finance CorporationGlobeNewswireNEW YORK, June 27, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or "PTMN") announced today that it obtained shareholder approval for the issuance of PTMN common stock in
1y agoLRFC PTMNLogan Ridge Finance Corporation Announces Shareholder Approval of Merger with Portman Ridge Finance CorporationGlobeNewswireNEW YORK, June 20, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("Logan Ridge" or "LRFC") announced today that it obtained shareholder approval for the merger of LRFC with and into Portman
1y agoLRFC PTMNPortman Ridge Announces Adjournment of Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote "FOR" the Share Issuance ProposalGlobeNewswireStockholders of PTMN Who Have Voted Thus Far Have Expressed Strong Support for the Proposed Merger, with Favorability in Excess of 85% Logan Ridge Stockholders Approved Merger at its Special Meeting of Stockholders
1y agoLRFC PTMNLogan Ridge Finance Corporation Announces Adviser Funded Cash Payment to Shareholders in Connection with its Merger with Portman Ridge Finance CorporationGlobeNewswireThe Company's Investment Adviser Will Finance an Incremental $0.47 Per Share Payment to Logan Ridge Shareholders Immediately Prior to Closing. Payment Effectively Results in Logan Ridge Shareholders Receiving 100% of
1y agoLRFC PTMNLogan Ridge Announces Change of Date to the Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote "FOR" the Merger ProposalGlobeNewswireStockholders of LRFC Who Have Voted Thus Far Have Expressed Strong Support for the Proposed Merger Both Leading Independent Proxy Advisors, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass
1y agoLRFC PTMNPortman Ridge Announces Change of Date to the Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote "FOR" the Share Issuance ProposalGlobeNewswireStockholders of PTMN Who Have Voted Thus Far Have Expressed Strong Support for the Proposed Merger Both Leading Independent Proxy Advisors, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass
1y agoLRFC PTMNLeading Independent Proxy Advisory Firms Glass Lewis and ISS Recommend that Shareholders Vote "FOR" the Proposed Merger Between PTMN and LRFCGlobeNewswireNEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or "PTMN") and Logan Ridge Finance Corporation (NASDAQ:LRFC) ("Logan Ridge" or "LRFC") (together, the
1y agoLRFC PTMN TURNMount Logan Capital Inc. Announces First Quarter 2025 Financial ResultsGlobeNewswireDeclared quarterly distribution of C$0.02 per common share in the second quarter of 2025, the twenty-third consecutive quarter of a shareholder distribution Asset management segment generated $8.1 million in Fee Related
1y agoLRFCLogan Ridge Finance Corporation Announces First Quarter 2025 Financial ResultsGlobeNewswireReports Solid First Quarter Results with Net Investment Income of $0.35 Per Share and a Net Asset Value of $29.66 Per Share Declared a Distribution of $0.36 Per Share for the Second Quarter of 2025 Successfully Exited
1y agoLRFCLogan Ridge Finance Corporation Schedules First Quarter 2025 Earnings Release and Conference CallGlobeNewswireNEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the first quarter ended March 31, 2025, on
1y agoLRFC PTMN TURNMount Logan Capital Inc. Announces Fourth Quarter and Fiscal 2024 Financial ResultsGlobeNewswireGenerated $15.3 million of insurance segment Spread Related Earnings ("SRE") for the year ended December 31, 2024, a significant increase over the prior year period Asset management segment generated $7.5 million in Fee
1y agoLRFCLogan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2024 Financial ResultsGlobeNewswireReports Strong Fourth Quarter Results with Net Investment Income of $0.56 Per Share and a Net Asset Value of $32.04 Per Share Declared a Distribution of $0.36 Per Share for the First Quarter of 2025 Subsequent to
1y agoPTMN LRFC ATSG ROICKuehn Law Encourages PTMN, LRFC, ATSG, and ROIC Investors to Contact Law FirmPR NewswireKuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may...
1y agoLRFC PTMNPortman Ridge Finance Corporation and Logan Ridge Finance Corporation Enter into Merger AgreementGlobeNewswirePortman Ridge Finance Corporation and Logan Ridge Finance Corporation Enter into Merger Agreement Combined Entity Will be Managed by Sierra Crest Investment Management, LLC, an Affiliate of BC Partners Advisors L.P.
1y agoLRFCLogan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference CallGlobeNewswireNEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the fourth quarter and full year ended December
1y agoLRFC PTMNBoards of Directors of Portman Ridge Finance Corporation and Logan Ridge Finance Corporation Form Special Committees to Continue Evaluating Potential Business CombinationGlobeNewswireNEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge") and Logan Ridge Finance Corporation (NASDAQ:LRFC) ("Logan Ridge") announced today that their boards of
1y agoLRFCLogan Ridge Finance Corporation (LRFC) Q3 2024 Earnings Call TranscriptEarnings Call Transcripts
2y agoLRFCLogan Ridge Finance Corporation Announces Third Quarter 2024 Financial ResultsGlobeNewswireReports Solid Results with Net Investment Income of $0.37 Per Share, and Net Asset Value of $32.31 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Exits
2y agoLRFCLogan Ridge Finance Corporation Schedules Third Quarter 2024 Earnings Release and Conference CallGlobeNewswireNEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2024, on
2y agoLRFCLogan Ridge Finance Corporation Announces the Successful Exit of its Largest Equity Investment, Nth Degree Investment Group, LLCGlobeNewswireNEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) (the "Company") today announced that as of September 10, 2024, it has exited its largest equity investment, Nth Degree
2y agoLRFCLogan Ridge Finance Corporation Amends and Extends its Existing Senior Secured Revolving Credit FacilityGlobeNewswireReduces Interest Rate Margin During the Reinvestment Period to 2.80% from 2.90% Extends Reinvestment Period and Maturity Date to August 2027 and August 2029, Respectively Revises Advance Rates and Concentration Limits
2y agoLRFCLogan Ridge Finance Corporation (LRFC) Q2 2024 Earnings Call TranscriptEarnings Call Transcripts
2y agoLRFCLogan Ridge Finance Corporation Announces Second Quarter 2024 Financial ResultsGlobeNewswireReports Solid Results with Total Investment Income of $5.4 Million and Net Investment Income of $0.28 Per Share;Net Asset Value of $33.13 Per Share Declared a Distribution of $0.33 Per Share for the Third Quarter of
2y agoLRFCLogan Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference CallGlobeNewswireNEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the second quarter ended June 30, 2024, on
2y agoLRFCLogan Ridge Finance Corporation (LRFC) Q1 2024 Earnings Call TranscriptEarnings Call Transcripts
2y agoLRFCLogan Ridge Finance Corporation Announces First Quarter 2024 Financial ResultsGlobeNewswireReports Strong Results with Net Investment Income of $0.35 Per Share, Compared to $0.22 Per Share in the Previous Quarter; Net Asset Value Increased to $33.71 Per Share from $33.34 Per Share in the Previous Quarter
2y agoLRFCLogan Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference CallGlobeNewswireNEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the first quarter ended March 31, 2024, on
2y agoLRFCLogan Ridge Finance Corporation (LRFC) Q4 2023 Earnings Call TranscriptEarnings Call Transcripts
2y agoLRFCLogan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial ResultsGlobeNewswireReports Strong 2023 Results with Net Investment Income of $1.43 Per Share, Compared to a Net Investment Loss of $0.43 Per Share for Year Ended 2022; Total Investment Income Increased to $20.2 Million as Compared to $14.9
2y agoLRFCLogan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference CallGlobeNewswireNEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the fourth quarter and full year ended December
2y agoLRFCLogan Ridge Finance Corporation to Delay Fourth Quarter and Full Year 2023 Earnings Release and Conference Call; Provides Preliminary Financial ResultsGlobeNewswirePreliminarily Reports Strong 2023 Results with Net Investment Income of $1.43 Per Share, Total Investment Income of $20.2 Million Announces a Distribution of $0.32 Per Share for the First Quarter of 2024, an Increase
2y agoLRFCLogan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference CallGlobeNewswireNEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the fourth quarter and full year ended December
3y agoLRFCLogan Ridge Finance Corporation Announces Third Quarter 2023 Financial ResultsGlobeNewswireReports a Strong Third Quarter with Net Investment Income of $0.43 Per Share, an Increase of 13% Compared to the Prior Quarter Announces a Distribution of $0.30 Per Share for the Fourth Quarter of 2023, an Increase
3y agoLRFCLogan Ridge Finance Corporation Schedules Third Quarter 2023 Earnings Release and Conference CallGlobeNewswireNEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2023 on
3y agoLRFCLogan Ridge Finance Corporation Announces Second Quarter 2023 Financial ResultsGlobeNewswireReports a Strong Second Quarter with Net Investment Income of $0.38 Per Share and a 3.0% Increase in Net Asset Value to $35.68 Per Share Compared to the Prior Quarter Announces a Distribution of $0.26 Per Share for
3y agoLRFCLogan Ridge Finance Corporation Schedules Second Quarter 2023 Earnings Release and Conference CallGlobeNewswireNEW YORK, July 13, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("LRFC" or the "Company") (NASDAQ:LRFC) to release its financial results for the second quarter ended June 30, 2023 on Wednesday, August 9,
3y agoLRFCLogan Ridge Finance Corporation to Present at the LD Micro Invitational Conference on June 7GlobeNewswireNEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) (the "Company") today announced that its management team will be presenting at the LD Micro Invitational Conference to be held
3y agoLRFCLogan Ridge Finance Corporation Announces First Quarter 2023 Financial ResultsGlobeNewswireReports a Strong First Quarter with Net Investment Income of $0.40 Per Share, a 69% Increase from the Prior Quarter and its Third Consecutive Quarter of Positive Net Investment Income Announces Distribution of $0.22 Per
3y agoLRFCLogan Ridge Finance Corporation Schedules First Quarter 2023 Earnings Release and Conference CallGlobeNewswireNEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("LRFC" or the "Company") (NASDAQ:LRFC) to release its financial results for the first quarter ended March 31, 2023 on Wednesday, May 10,
3y agoLRFCLogan Ridge Finance Corporation Announces Share Repurchase Program Under a New 10b5-1 Stock Trading PlanGlobeNewswireNEW YORK, March 23, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) (the "Company") today announced that it has entered into a new Rule 10b5-1 stock trading plan to facilitate the repurchase of
3y agoLRFCLogan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2022 Financial ResultsGlobeNewswireReports a Strong Fourth Quarter with Net Investment Income of $0.23 Per Share, Which Marks its Second Consecutive Quarter of Positive Net Investment Income and More Than Triples the Net Investment Income Reported in the
3y agoLRFCLogan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference CallGlobeNewswireNEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("LRFC" or the "Company") (NASDAQ:LRFC) to release its financial results for the fourth quarter and fiscal year ended December 31, 2022 on
4y agoLRFCLogan Ridge Finance Corporation Reports Third Quarter 2022 Financial ResultsGlobeNewswireReports Net Investment Income of $0.07 per Share, a Significant Milestone for Logan Ridge Continues to Exit Legacy Equity Portfolio Positions and Redeploy Proceeds into Interest-Earning Investments NEW YORK, Nov.
4y agoLRFCLogan Ridge Finance Corporation Schedules Third Quarter 2022 Earnings Release and Conference CallGlobeNewswireNEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("LRFC", "Logan Ridge" or the "Company") (NASDAQ:LRFC) to release its financial results for the third quarter ended September 30, 2022 on
4y agoLRFCLogan Ridge Finance Corporation Reports Second Quarter 2022 Financial ResultsGlobeNewswireContinued to execute on its strategic initiatives by significantly lowering cost of capital and reducing non-interest earning equity exposure Expects to see the full benefits of these initiatives in the second half of 2022 with improved financial and
4y agoLRFCLogan Ridge Finance Corporation Schedules Second Quarter 2022 Earnings Release and Conference CallGlobeNewswireNEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("LRFC", "Logan Ridge" or the "Company") (NASDAQ:LRFC) to release its financial results for the second quarter ended June 30, 2022 on Tuesday, August 9, 2022, after market clos
4y agoLRFCLogan Ridge Finance Corporation Announces Successful Refinancing and Recapitalization of its Investment in Eastport Holdings LLC.GlobeNewswireNEW YORK, July 06, 2022 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("LRFC", "Logan Ridge" or the "Company") (NASDAQ:LRFC) today announced that on June 29, 2022 Eastport Holdings, LLC, a portfolio company of Logan Ridge, completed a refinancing
4y agoCPTAG CPTAL LRFCLogan Ridge Finance Corporation Announces Full Repayment of the Legacy 5.75% Convertible Notes and 6.00% Notes Due May 31, 2022GlobeNewswireNEW YORK, June 07, 2022 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("LRFC" or the "Company") (NASDAQ:LRFC) today announced the repayment in full of its 5.75% fixed-rate Convertible Notes (NASDAQ:CPTAG) and 6.00% fixed-rate Notes (NASDAQ:CPTAL)