BCP Investment Corp.

BCP Investment Corp. is a business development company that invests in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investments, mezzanine, and buyouts in middle market companies. It also makes acquisitions in businesses complementary to its own. The fund primarily invests in sectors such as healthcare, cargo transport, manufacturing, industrial and environmental services, logistics and distribution, media and telecommunications, real estate, education, automotive, agriculture, aerospace and defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage. It typically invests $1 million to $20 million in portfolio companies and targets companies with EBITDA between $5 million and $25 million. For debt securities, it invests in middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. The fund provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans from $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 million to $5 million. It invests in minority and majority or control equity positions alongside its private equity sponsor partners.

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BCP Investment Corporation reports Q2 net investment income of $0.45 per share

BCP Investment Corporation reported second-quarter net investment income of $5.5 million, or $0.45 per share, down from $6.9 million in the prior quarter. Total investment income was $15.2 million, compared with $17.6 million in the first quarter, while net asset value fell to $179.5 million, or $14.49 per share, from $193.0 million. The company declared regular monthly base distributions of $0.09 per share for October, November and December 2026. Subsequent to quarter end, BCIC amended its KeyBank Credit Facility, increasing committed capacity to $150 million from $75 million, reducing the reinvestment period spread by 30 basis points, and extending maturity to 2031, while repaying and terminating its JPMorgan revolving credit facility.

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