Bain Capital Specialty Finance, Inc. - BCSF STOCK NEWS

Bain Capital Specialty Finance has priced an offering of $300 million in 2.550% senior unsecured notes due October 13, 2026. The notes can be redeemed partially or in full at the company's option. Proceeds will be used to repay existing debt and for general corporate purposes, including potential investments. The offering is set to close on or about October 13, 2021. Goldman Sachs & Co. LLC and SMBC Nikko Securities America, Inc. are the joint book-running managers.

Bain Capital Specialty Finance (BCSF) reported solid second-quarter results for 2021, with net investment income per share steady at $0.34 and net income per share increasing to $0.66 from $0.49 in the previous quarter. The company declared a quarterly dividend of $0.34 per share, consistent with the prior quarter. Net asset value per share rose to $17.01 from $16.69. The investment portfolio's fair value was $2,319.5 million, although net investment activity reflected a decrease of $(44.5) million. The company remains positioned to leverage new opportunities.

Bain Capital Specialty Finance, Inc. (BCSF) will report its Q2 financial results for the period ending June 30, 2021, on August 4, 2021, after market close. A conference call to discuss these results will take place on August 5, 2021, at 8:30 a.m. Eastern Time. The company focuses on lending to middle-market firms and has invested approximately $4.2 billion since its operations began in October 2016. The investment strategy includes secured debt and equity investments.

Bain Capital Specialty Finance reported its Q1 2021 results, showing strong earnings driven by higher interest income and improved credit metrics. The net investment income per share remained steady at $0.34, while net income per share decreased to $0.49 from $0.61 in the previous quarter. The net asset value per share increased to $16.69. The company also declared a dividend of $0.34 per share for Q2 2021, while diversifying its liabilities and forming a joint venture in Europe and Australia. Moody's assigned BCSF a Baa3 rating with a stable outlook.

Bain Capital Specialty Finance, Inc. (NYSE: BCSF) announced that it will report its financial results for Q1 ended March 31, 2021, on May 5, 2021, post-market. A conference call is scheduled for May 6, 2021, at 8:30 a.m. ET, to discuss these results. Participants can access the call via a designated dial-in and through BCSF's website. Since its investment operations began in 2016, BCSF has invested approximately $3.9 billion in debt and equity investments, focusing on secured debt to generate income and capital appreciation.

Bain Capital Specialty Finance, Inc. (BCSF) has priced an offering of $300 million in 2.950% senior unsecured notes due 2026. The offering, which will close on or about March 10, 2021, aims to repay certain outstanding debts and potentially finance new investments. The notes can be redeemed at par one month before their maturity, with Goldman Sachs serving as the underwriter. Investors are encouraged to review related documents filed with the SEC for comprehensive investment details.

Bain Capital Specialty Finance, Inc. (BCSF) has received an investment grade rating of Baa3 with a Stable outlook from Moody’s Investors Service. This rating highlights the company’s robust credit performance and the expertise of Bain Capital Credit's management. Michael Boyle, President of BCSF, noted that this milestone enhances the company's ability to optimize its liabilities structure. Since its inception in October 2016, BCSF has invested approximately $3.91 billion in debt and equity investments, focusing on generating current income and capital appreciation through various financial strategies.

Bain Capital Specialty Finance reported strong fourth-quarter results for the fiscal year ended December 31, 2020, with net investment income per share rising to $0.34 from $0.33 in Q3 2020. Despite a drop in net income per share to $0.61 from $0.80, the net asset value improved to $16.54. The board declared a dividend of $0.34 for Q1 2021. The company announced a strategic partnership with Pantheon to launch the International Senior Loan Program, which is expected to enhance balance sheet flexibility and portfolio yields. Total fair value of investments stands at $2.48 billion.

Bain Capital Specialty Finance (BCSF) announced preliminary financial results for Q4 and fiscal year 2020. The net income per share is estimated between $0.58 and $0.64, down from $0.80 in Q3 2020. Net investment income per share is estimated at $0.33 to $0.35. The net asset value per share rose to between $16.51 and $16.57. Notably, BCSF formed a strategic partnership for the International Senior Loan Program, potentially lowering its debt-to-equity ratio to approximately 1.1x, enhancing its investment capabilities.