BCP Investment (BCIC) Company Report

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Earnings summaries and quarterly performance for BCP Investment.

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Recent press releases and 8-K filings for BCIC.

BCP Investment Corporation Reports Strong Q3 2025 Results and Announces Shareholder Initiatives

BCIC

Earnings

Share Buyback

Debt Issuance

BCP Investment Corporation reported strong financial results for Q3 2025, with total investment income increasing 50.0% to $18.9 million and net investment income rising 94.2% to $8.8 million ($0.71 per share) compared to Q2 2025.
The company's Net Asset Value (NAV) increased 40.4% to $231.3 million ($17.55 per share) as of September 30, 2025, following the successful merger with Logan Ridge Finance Corporation on July 15, 2025.
BCIC announced a $0.47 per share quarterly base distribution for Q4 2025 and plans to commence a modified "Dutch Auction" tender offer to purchase up to $9.0 million of its common stock. Total repurchases are anticipated to approximate 10% of outstanding common stock by year-end.
In October 2025, the company issued $35.0 million of 7.50% notes due 2028 and $75.0 million of 7.75% notes due 2030, and initiated the redemption of $108.0 million of 4.875% Notes Due 2026.

Nov 7, 2025, 10:16 PM

BCIC Reports Q3 2025 Earnings and Shareholder Initiatives

BCIC

Earnings

Share Buyback

M&A

BCP Investment Corporation reported net investment income of $8.8 million, or $0.71 per share, for the third quarter ended September 30, 2025, an increase from $4.6 million, or $0.50 per share, in the prior quarter. This marks the first earnings as a combined company following the completion of its merger with Logan Ridge Finance Corporation on July 15, 2025, with the acquisition contributing $7.4 million of GAAP income.
The company plans to commence a modified Dutch auction tender of approximately $9 million and anticipates total repurchases, including daily shareholder purchases and management/affiliate purchases, to approximate 10% of outstanding stock by year-end. The board also approved a base distribution of $0.47 per share for the fourth quarter of 2025.
As of September 30, 2025, BCIC's net asset value totaled $231.3 million, or $17.55 per share. The debt investment portfolio is diversified across 79 different portfolio companies and 28 different industries, with 10 investments on non-accrual status, representing 3.8% of the portfolio at fair value.
The company's gross and net leverage ratios were 1.4 times and 1.3 times, respectively, as of September 30, 2025. BCIC proactively extended debt maturities by issuing a $75 million 7.75% note due October 2030 and a $35 million 7.5% note due October 2028.

Nov 7, 2025, 3:00 PM

BCIC Reports Q3 2025 Results, Completes Merger, and Announces Share Repurchase Program

BCIC

Earnings

M&A

Share Buyback

BCIC reported net investment income of $8.8 million ($0.71 per share) for Q3 2025, with a Net Asset Value (NAV) of $17.55 per share as of September 30, 2025.
The company completed its merger with Logan Ridge Finance Corporation on July 15, 2025, and subsequently issued $110.0 million in 7.50% 2028 Notes and 7.75% 2030 Notes in October 2025.
BCIC's Board authorized a share repurchase program of up to $10 million, with 103,690 shares repurchased for approximately $1.2 million between October 1 and November 4, 2025, and a modified "Dutch Auction" tender offer of up to $9.0 million expected to commence on or after November 10, 2025.
A regular quarterly base distribution of $0.47 per share was declared for Q3 2025, and the company plans to transition to monthly base distributions beginning in 2026.

Nov 7, 2025, 3:00 PM

BCP Investment Corporation Issues New Notes and Plans Redemption of Existing Debt

BCIC

Debt Issuance

BCP Investment Corporation entered into a note purchase agreement on October 10, 2025, for the issuance and sale of $35,000,000 in 7.50% notes due 2028 and $75,000,000 in 7.75% notes due 2030.
The company intends to use the net proceeds from this offering to redeem its $108.0 million aggregate principal amount of 4.875% Notes due 2026 and pay down existing indebtedness.
The 2028 Notes mature on October 15, 2028, and the 2030 Notes mature on October 15, 2030, with interest payable semi-annually on April 30 and October 30, commencing October 30, 2025.
These new notes are general unsecured obligations of the Company, ranking pari passu with all existing and future unsecured unsubordinated indebtedness.