Articles from Portman Ridge Finance Corporation

Combined Entity Will be Managed by Sierra Crest Investment Management, LLC, an Affiliate of BC Partners Advisors L.P.

NEW 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 directors have established special committees of independent directors to more fully evaluate the potential business combination of the two companies that was previously disclosed in their respective Form 10-Q filings with the Securities and Exchange Commission (the “SEC”), which may result in the use of an exchange ratio other than NAV-for-NAV (including but not limited to relative market price or a fixed exchange ratio) in connection therewith.

Reports Net Investment Income of $0.63 Per Share and Net Asset Value of $20.36 Per Share

Call Scheduled for 10:00 am ET on Tuesday, November 12, 2024

Reports Net Investment Income of $0.70 Per Share and Net Asset Value of $21.21 Per Share

Upsizes Commitments to $200.0 Million from $115.0 Million

Call Scheduled for 10:00 am ET on Friday, August 9, 2024

Reports Net Investment Income of $0.67 Per Share and Net Asset Value of $22.57 Per Share

Call Scheduled for 9:00 am ET on Thursday, May 9, 2024

Reports 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

Call Scheduled for 9:00 am ET on Thursday, March 14, 2024

Reports 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 Quarter of 2023

Call Scheduled for 4:00 pm ET on Thursday, November 9, 2023

Reports Strong Performance with Elevated Total Investment Income, Core Investment Income and Net Investment Income Year-over-Year, While Also Continuing Share Repurchase Program in the Second Quarter of 2023

Call Scheduled for 9:00 am ET on Thursday, August 10, 2023

NEW 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 at the Luxe Sunset Boulevard Hotel, in California.

Reports 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

Call Scheduled for 9:00 am ET on Thursday, May 11, 2023

NEW 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 its common stock in accordance with its recently re-authorized $10 million share repurchase program, effective March 22, 2023.

NEW 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, March 9, 2023, after market close. The Company will host a conference call on Friday, March 10, 2023 at 9:00 a.m. Eastern Time to discuss these results.

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 its common stock in accordance with its $10 million share repurchase program.

Reports Strong Performance with Elevated Total Investment Income, Core Investment Income and Net Investment Income Quarter-over-Quarter

Call Scheduled for 9:00 am ET on Wednesday, November 9