Investcorp Credit Management BDC, Inc. Schedules Earnings Release of First Quarter Ended September 30, 2021

Rhea-AI Summary

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) announced it will release its financial results for the quarter ending September 30, 2021, on November 8, 2021, after market close. An earnings conference call is scheduled for November 9, 2021, at 1:00 PM ET. The company aims to maximize total returns for shareholders through investments in privately held middle-market firms with annual revenues over $50 million. Forward-looking statements in the PR caution that actual results may differ due to various risks, including market volatility and the impact of COVID-19.

Positive

• Company targets investment in profitable middle-market firms with annual revenues exceeding $50 million and EBITDA of at least $15 million.
• Scheduled earnings conference call allows investors to gather insights directly from management.

Negative

• Forward-looking statements highlight potential risks, including market volatility and impacts from the COVID-19 pandemic.

NEW YORK, Oct. 26, 2021 /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 September 30, 2021 on Monday, November 8, 2021, after the close of the financial markets.

The Company will host an earnings conference call at 1:00 pm (Eastern Time) on Tuesday, November 9, 2021. All interested parties may participate in the conference call by dialing (888) 334-5784 approximately 5-10 minutes prior to the call; international callers should dial (314) 696-0510. Please reference "Investcorp Credit Management BDC, Inc. First Quarter Earnings Release Conference Call". An archived replay of the conference call will be available shortly after the call on the Company's 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 the COVID-19 pandemic 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:  212-257-5182

 

View original content:https://www.prnewswire.com/news-releases/investcorp-credit-management-bdc-inc-schedules-earnings-release-of-first-quarter-ended-september-30-2021-301409078.html

SOURCE Investcorp Credit Management BDC, Inc.

FAQ

When will Investcorp Credit Management BDC, Inc. release its financial results for the quarter ended September 30, 2021?

Investcorp Credit Management BDC, Inc. will release its financial results on November 8, 2021.

What time is the earnings conference call for Investcorp Credit Management BDC, Inc.?

The earnings conference call is scheduled for November 9, 2021, at 1:00 PM ET.

What is the focus of Investcorp Credit Management BDC, Inc.'s investments?

The company primarily invests in privately held middle-market companies with annual revenues over $50 million.

What are the risks mentioned in the press release for Investcorp Credit Management BDC, Inc.?

The company mentions risks from market volatility and the COVID-19 pandemic affecting its business and performance.