$PTMN News

Last published 1y ago

1y agoPTMNPortman Ridge Finance Corporation (PTMN) Q2 2025 Earnings Call TranscriptEarnings Call Transcripts
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 agoBCIC PTMNPortman Ridge Finance Corporation Announces Second Quarter 2025 Financial ResultsGlobeNewswireCompleted Merger with Logan Ridge Finance Corporation Reports Net Investment Income of $4.6 Million, or $0.50 Per Share for the Second Quarter Announces Third Quarter 2025 Quarterly Base Distribution of $0.47 Per Share
1y agoPTMNPortman Ridge Finance Corporation Schedules Second Quarter 2025 Earnings Release and Conference CallGlobeNewswireNEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") is to release its financial results for the second quarter ended June 30, 2025, on
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 agoPTMNPortman Ridge Finance Corporation Announces Corporate Rebranding, New Monthly Base Distribution, and Value Creation InitiativesGlobeNewswireCompany to be Renamed "BCP Investment Corporation" and Trade Under New Ticker "BCIC" Transition to Paying the Quarterly Base Distribution Monthly in 2026 Company, Management, Adviser and Other Affiliates Intend to
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 agoPTMNPortman Ridge Finance Corporation Announces First Quarter 2025 Financial ResultsGlobeNewswireReports Net Investment Income of $0.47 Per Share and Net Asset Value of $18.85 Per Share Deployment of Approximately $17.5 Million and Sales and Repayments of Approximately $15.7 Million for Net Deployment of
1y agoPTMNPortman Ridge Finance Corporation Schedules First Quarter 2025 Earnings Release and Conference CallGlobeNewswireNEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the first quarter ended March 31, 2025, on Thursday,
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 agoPTMNPortman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2024 Financial ResultsGlobeNewswireReports Net Investment Income of $2.59 Per Share for Full Year 2024 and Net Asset Value of $19.41 Per Share Continued Share Repurchase Program: Total of 202,357 Shares for an Aggregate Cost of Approximately $3.8 Million
1y agoHEES IPG PTMN SLRNKuehn Law Encourages HEES, SLRN, PTMN, and IPG Investors to Contact Law FirmGlobeNewswireNEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures
1y agoNVRO SLRN TGI PTMNKuehn Law Encourages NVRO, SLRN, TGI, and PTMN 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 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 agoPTMNPortman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference CallGlobeNewswireNEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the fourth quarter and full year ended December 31,
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 agoPTMNPortman Ridge Finance Corporation (PTMN) Q3 2024 Earnings Call TranscriptEarnings Call Transcripts
2y agoPTMNPortman Ridge Finance Corporation Announces Third Quarter 2024 Financial ResultsGlobeNewswireReports Net Investment Income of $0.63 Per Share and Net Asset Value of $20.36 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Continued Share Repurchase
2y agoPTMNPortman Ridge Finance Corporation Schedules Third Quarter 2024 Earnings Release and Conference CallGlobeNewswireNEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2024, on
2y agoPTMNPortman Ridge Finance Corporation (PTMN) Q2 2024 Earnings Call TranscriptEarnings Call Transcripts
2y agoPTMNPortman Ridge Finance Corporation Announces Second Quarter 2024 Financial ResultsGlobeNewswireReports Net Investment Income of $0.70 Per Share and Net Asset Value of $21.21 Per Share Amends and Extends Existing Senior Secured Revolving Credit Facility; Upsizes Commitments to $200.0 Million from $115.0 Million,
2y agoPTMNPortman Ridge Finance Corporation Amends and Extends Its Senior Secured Revolving Credit FacilityGlobeNewswireUpsizes Commitments to $200.0 Million from $115.0 Million Reduces Interest Rate Margin to 2.50% from 2.80% NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company")
2y agoPTMNPortman Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference CallGlobeNewswireNEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the second quarter ended June 30, 2024, on Thursday,
2y agoPTMNPortman Ridge Finance Corporation (PTMN) Q1 2024 Earnings Call TranscriptEarnings Call Transcripts
2y agoPTMNPortman Ridge Finance Corporation Announces First Quarter 2024 Financial ResultsGlobeNewswireReports Net Investment Income of $0.67 Per Share and Net Asset Value of $22.57 Per Share Continued Share Repurchase Program: Total of 51,015 Shares for an Aggregate Cost of Approximately $1.0 Million Repurchased During
2y agoPTMNPortman Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference CallGlobeNewswireNEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the first quarter ended March 31, 2024, on
2y agoPTMNPortman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial ResultsGlobeNewswireReports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million Continued Share Repurchase Program for a Total of $4.4 Million
2y agoPTMNPortman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference CallGlobeNewswireNEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the fourth quarter and full year ended December 31,
3y agoPTMNPortman Ridge Finance Corporation (PTMN) Q3 2023 Earnings Call TranscriptEarnings Call Transcripts
3y agoPTMNPortman Ridge Finance Corporation Announces Third Quarter 2023 Financial ResultsGlobeNewswireReports Strong Performance with Increases in Net Asset Value Per Share Quarter-over-Quarter, Core Investment Income and Net Investment Income Year-over-Year, While Also Continuing Share Repurchase Program in the Third
3y agoPTMNPortman Ridge Finance Corporation Schedules Third Quarter 2023 Earnings Release and Conference CallGlobeNewswireNEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2023, on
3y agoPTMNPortman Ridge Finance Corporation Schedules Second Quarter 2023 Earnings Release and Conference CallGlobeNewswireNEW YORK, July 13, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") to release its financial results for the second quarter ended June 30, 2023, on Wednesday, August 9, 2023,
3y agoPTMNPortman Ridge Finance Corporation to Present at the LD Micro Invitational Conference on June 6GlobeNewswireNEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") today announced that its management team will be presenting at the LD Micro Invitational Conference to be held
3y agoPTMNPortman Ridge Finance Corporation Announces First Quarter 2023 Financial ResultsGlobeNewswireReports Strong Performance with Higher Total Investment Income, Core Investment Income and Net Investment Income Quarter-over-Quarter, While Also Continuing Share Repurchase Program in the First Quarter of 2023
3y agoPTMNPortman Ridge Finance Corporation Schedules First Quarter 2023 Earnings Release and Conference CallGlobeNewswireNEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") to release its financial results for the first quarter ended March 31, 2023 on Wednesday, May 10, 2023, after
3y agoPTMNPortman Ridge Finance Corporation Resumes Share Repurchases Under a New 10b5-1 Stock Trading PlanGlobeNewswireNEW YORK, March 23, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") today announced that it has entered into a new Rule 10b5-1 stock trading plan to facilitate the repurchase of
3y agoPTMNPortman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2022 Financial ResultsGlobeNewswireIncreased Core Investment Income, Further Diversified Portfolio, Reduced Non-Accruals, Lowered Cost of Capital and Continued Share Repurchase Program in Full Year 2022 Increases Quarterly Distribution to $0.68 Per Share
3y agoPTMNPortman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference CallGlobeNewswireNEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") to release its financial results for the fourth quarter and fiscal year ended December 31, 2022 on Thursday,
3y agoPTMNPortman Ridge Finance Corporation Resumes Share Repurchases Under 10b5-1 Stock Trading PlanBusiness WirePortman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") today announced that it has entered into a new Rule 10b5-1 stock trading plan to facilitate the repurchase of its common stock in accordance with its $10
4y agoPTMNPortman Ridge Finance Corporation Announces Third Quarter 2022 Financial ResultsGlobeNewswireReports Strong Performance with Elevated Total Investment Income, Core Investment Income and Net Investment Income Quarter-over-Quarter Increases Quarterly Distribution to $0.67 per Share NEW YORK, Nov. 08, 2022
4y agoPTMNPortman Ridge Finance Corporation Schedules Third Quarter 2022 Earnings Release and Conference CallGlobeNewswireCall Scheduled for 9:00 am ET on Wednesday, November 9 NEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial
4y agoPTMNPortman Ridge Finance Corporation to Present at the Sidoti Small Cap Virtual Conference on September 21stGlobeNewswireNEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") today announced that its management team will be presenting at the Sidoti Small Cap Virtual Conference on Wednesday, September 21 at 8:30 am (E