Investcorp Credit Management BDC, Inc. Schedules Earnings Release of Fourth Quarter Ended June 30, 2021

Rhea-AI Summary

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) announced its financial results for the quarter and year ended June 30, 2021, will be released on September 13, 2021, after market close. An earnings conference call is scheduled for September 14, 2021, at 1:00 pm ET. The company focuses on maximizing returns for stockholders through debt and equity investments in middle-market companies with annual revenues over $50 million.

Positive

• Scheduled earnings release indicates transparency and ongoing financial tracking.
• Focus on middle-market companies aligns with potential growth sectors.

Negative

• Dependence on middle-market companies may expose ICMB to sector-specific risks.
• Forward-looking statements underline uncertainty in future performance.

NEW YORK, Aug. 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 and year ended June 30, 2021 on Monday, September 13, 2021 after the close of the financial markets.

The Company will host an earnings conference call at 1:00 pm (Eastern Time) on Tuesday, September 14, 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. Participants should reference Investcorp Credit Management BDC, Inc. Fourth Quarter Earnings Release Conference Call. 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:  212-257-5182

 

View original content:https://www.prnewswire.com/news-releases/investcorp-credit-management-bdc-inc-schedules-earnings-release-of-fourth-quarter-ended-june-30-2021-301363331.html

SOURCE Investcorp Credit Management BDC, Inc.

FAQ

When will Investcorp Credit Management BDC, Inc. release its financial results for Q4 2021?

The financial results will be released on September 13, 2021, after market close.

What are the details of the earnings conference call for ICMB?

The conference call is scheduled for September 14, 2021, at 1:00 pm ET, and can be accessed by dialing (888) 334-5784.

What is the primary investment objective of Investcorp Credit Management BDC, Inc.?

The primary objective is to maximize total returns for stockholders through debt and equity investments in middle-market companies.

What revenue level do the target middle-market companies of ICMB typically have?

ICMB targets middle-market companies with annual revenues of at least $50 million.