Investcorp Credit Management BDC, Inc. Schedules Earnings Release for Third Quarter Ended March 31, 2023

Rhea-AI Summary

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) announced it will release its financial results for the quarter ended March 31, 2023, on May 15, 2023, after market close. An earnings conference call is scheduled for May 16, 2023, at 1:00 PM ET, where interested participants can join by dialing the provided numbers. The company aims to maximize total returns through investments in privately held middle-market companies with annual revenues of at least $50 million and EBITDA of at least $15 million. Forward-looking statements highlight potential uncertainties due to market volatility and external factors.

Positive

• Company's investment objective focuses on maximizing total returns through debt and equity investments in middle-market companies.
• The company targets investments in firms with minimum annual revenues of $50 million, potentially leading to solid growth opportunities.

Negative

• Possible risks from market volatility and external factors, including the impact of COVID-19 and interest rate fluctuations, may affect performance.

NEW YORK, April 26, 2023 /PRNewswire/ -- Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (NASDAQ:ICMB) ("ICMB" or "the Company") today announced that it will release its financial results for the quarter ended March 31, 2023 on Monday, May 15, 2023, after the close of the financial markets.

The Company will host an earnings conference call at 1:00 pm (Eastern Time) on Tuesday, May 16, 2023. All interested parties may participate in the conference call by dialing (800) 550-9893 5-10 minutes prior to the call; international callers should dial (858) 609-8959. Participants passcode 872058# then press 2 when asked. For those who are not able to listen to the call, a replay will be available shortly after the call by visiting our website at http://icmbdc.com/earnings-calls/.

About Investcorp Credit Management BDC, Inc.

The Company is an externally-managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's primary investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing in debt and related equity investments of privately held middle-market companies. The Company seeks to invest primarily in middle-market companies that have annual revenues of at least $50 million and earnings before interest, taxes, depreciation, and amortization of at least $15 million. The Company's investment activities are managed by its investment adviser, CM Investment Partners LLC. To learn more about Investcorp Credit Management BDC, Inc., please visit www.icmbdc.com.

Forward-Looking Statements

Statements included herein may contain "forward-looking statements," which relate to future performance or financial condition, are based upon current expectations and are inherently uncertain. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties and other factors, some of which are beyond the Company's control, including the impact of COVID-19 and related changes in base interest rates and significant market volatility on the Company's business, its portfolio companies, its industry and the global economy. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein, except as required by law. All forward-looking statements speak only as of the date of this press release.

CONTACT:	Investcorp Credit Management BDC, Inc.
	Investor Relations
	Email:  ICMBinvestorrelations@investcorp.com
	Phone:  646-690-5034

 

View original content:https://www.prnewswire.com/news-releases/investcorp-credit-management-bdc-inc-schedules-earnings-release-for-third-quarter-ended-march-31-2023-301808742.html

SOURCE Investcorp Credit Management BDC

FAQ

When will Investcorp Credit Management BDC, Inc. release its financial results?

Investcorp Credit Management BDC, Inc. will release its financial results on May 15, 2023.

What is the date and time for the earnings conference call for ICMB?

The earnings conference call for ICMB is scheduled for May 16, 2023, at 1:00 PM ET.

What factors may affect ICMB's future performance?

ICMB's future performance may be affected by market volatility, external factors, and potential impacts from COVID-19.