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Bain Capital Specialty Finance Q2 Earnings Call Highlights
['Tue', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Bain Capital Specialty Finance (NYSE:BCSF) reported second-quarter net investment income of $28.6 million, or $0.44 per share, which covered its $0.42-per-share base dividend by 105%, the company said during its earnings call.
Net investment income represented an annualized return on equity of 10.5%.
Investment activity and portfolio composition→ Take-Two's Q1 Results Leave GTA 6 Bulls Stuck in the Fog of WarBain Capital Specialty Finance funded $182 million across 99 portfolio companies in the second quarter.
That total included $73 million invested in eight new companies and $109 million in 91 existing portfolio companies.
New portfolio companies had median EBITDA of $31 million.