Welcome to our dedicated page for Bain Capital Specialty Finance SEC filings (Ticker: BCSF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bain Capital Specialty Finance, Inc. filings document the regulatory record for a New York Stock Exchange-listed business development company that lends to middle-market companies through secured debt and related investments. The company’s 8-K reports cover operating results, financial-condition announcements, dividend declarations, exhibits to press releases and other current-report events.
Its filings also describe capital-structure activity, including underwriting agreements, shelf registration materials and indenture documents for unsecured notes, as well as the common stock registered under Section 12(b). Proxy materials address annual meeting voting matters, director elections, auditor ratification and governance procedures for the externally managed BDC structure.
Bain Capital Specialty Finance, Inc. reported the results of its 2026 Annual Meeting of Stockholders. A quorum was reached based on 64,868,506.64 shares of common stock outstanding as of April 10, 2026.
Stockholders re-elected Amy Butte, Thomas A. Hough and Clare S. Richer as Class I directors to serve until the 2029 annual meeting or until their successors are elected and qualified. Support was strongest for Thomas A. Hough, who received 30,725,652.89 votes for and 483,979.00 against.
Stockholders also ratified the selection of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 51,102,227.89 votes for, 252,938.00 against and 203,980.00 abstentions.
Bain Capital Specialty Finance, Inc. reported first quarter 2026 net investment income of $27.4 million, or $0.42 per share, slightly below recent levels but sufficient to cover its regular dividend. Total investment income was $66.2 million, while net realized and unrealized losses of $24.0 million reduced the net increase in net assets from operations to $3.4 million, or $0.05 per share.
Net asset value per share declined to $16.86 as of March 31, 2026 from $17.23 at year-end 2025. The Board declared a second quarter 2026 dividend of $0.42 per share, payable June 29, 2026 to stockholders of record on June 15, 2026. The investment portfolio had a fair value of $2.47 billion, with about 66.0% in first lien senior secured loans and broad industry diversification.
The portfolio’s weighted average yield at fair value was 10.9%, and only six portfolio companies were on non-accrual status, representing 0.6% of the portfolio at fair value. Debt outstanding totaled $1.47 billion, resulting in debt-to-equity and net debt-to-equity ratios of 1.34x and 1.28x, respectively.
Bain Capital Specialty Finance (BCSF) provides a detailed schedule of its non-controlled and non-affiliated investments within the quarter. The portfolio is heavily weighted to first lien senior secured loans across many industries, along with select second lien loans, subordinated debt and preferred equity positions.
Most debt investments reference floating benchmarks such as SOFR, EURIBOR, SONIA, BBSY and CORRA, with credit spreads that often result in total interest rates in the high single to low double digits, and some feature PIK (paid-in-kind) components. The schedule also lists numerous forward foreign currency exchange contracts and interest rate swaps, showing active use of derivatives alongside loans with maturities extending into the early 2030s.
Bain Capital Specialty Finance, Inc. announced it will report financial results for the first quarter ended March 31, 2026 on May 11, 2026 after the market closes. Management will host a conference call on May 12, 2026 at 8:30 a.m. Eastern Time to discuss the results.
The company is an externally managed specialty finance company focused on lending to middle-market businesses and has invested approximately $9,809.3 million in aggregate principal amount of debt and equity investments since commencing operations in October 2016 through December 31, 2025.
Bank of America Corporation filed an amendment to a Schedule 13G reporting beneficial ownership of 2,790,980 shares of Bain Capital Specialty Finance, Inc. common stock, representing 4.3% of the class. The filing cites 64,868,507 outstanding shares as of February 26, 2026 as the basis for the calculation.
Bain Capital Specialty Finance, Inc. is asking stockholders to vote at its 2026 virtual annual meeting on May 21, 2026. Investors will elect three Class I directors – Amy Butte, Thomas A. Hough and Clare S. Richer – to terms running to the 2029 meeting and ratify PricewaterhouseCoopers LLP as auditor for 2026. The board, including all independent directors, unanimously recommends voting FOR both proposals. Holders of 64,868,506.64 common shares as of April 10, 2026 may vote, with one vote per share and fractional votes allowed. The company is an externally managed business development company advised by BCSF Advisors, LP and emphasizes independent board oversight, committee structure and codes of ethics.
Bain Capital Specialty Finance, Inc. filed an initial statement of beneficial ownership for Chief Compliance Officer Caroline Willis Hooper on Form 3. This filing establishes her status as a reporting person for the company’s equity securities. The excerpt shows no equity transactions reported in connection with this filing.
Bain Capital Specialty Finance, Inc. General Counsel Sabrina Rusnak-Carlson reported an open-market purchase of common stock. She bought 2,300 shares at a price of $12.55 per share, bringing her directly held stake to a total of 9,560 common shares after this transaction.
Bain Capital Specialty Finance, Inc. reported solid fourth-quarter 2025 results, with net investment income of $29.7M, or $0.46 per share, and earnings per share of $0.43. Regular dividends declared and payable for the quarter were $0.42 per share, supplemented by a special dividend of $0.18 per share.
As of December 31, 2025, the investment portfolio had a fair value of $2,508.4M across 203 companies, with net asset value per share of $17.23. Credit quality indicators remained stable, with non-accruals at 1.5% of amortized cost and 0.8% of fair value. The Board also declared a first-quarter 2026 dividend of $0.42 per share for stockholders of record on March 16, 2026, payable on March 30, 2026.
Bain Capital Specialty Finance (BCSF) details a highly diversified investment portfolio focused on private credit. The holdings are primarily first lien senior secured loans, including revolvers and delayed draw facilities, to borrowers across sectors such as healthcare, technology, financial services, consumer, industrials and transportation.
The schedule also shows exposure to subordinated debt, preferred equity, common equity and warrants, along with numerous forward foreign currency exchange contracts with major banks including Morgan Stanley, Wells Fargo, Bank of New York Mellon, Standard Chartered, BNP Paribas, Goldman Sachs, US Bank and Citibank. Many loans reference SOFR, EURIBOR or SONIA plus contractual spreads, with stated cash and PIK interest components and maturities generally ranging from 2025 through 2033, indicating a long-dated, floating-rate credit book diversified by industry, structure and currency.