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Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2020 Financial Results

NEW YORK, March 11, 2021 (GLOBE NEWSWIRE) Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2020. Recent Developments As previously announced, the Company successfully closed on the merger of Garrison Capital Inc. (“GARS” or “Garrison”) on October 28, 2020. On December 23, 2020, the Company entered into an Agreement and Plan of Merger (the “HCAP Merger Agreement”) with Harvest Capital Credit Corporation, a publicly traded business development company (“HCAP”).On February 12, 2021, the Board of Directors of the Company approved a cash distribution of $0.06 per share of common stock to shareholders of record as of February 22, 2021. The distribution was paid on March 2, 2021.On February 22, 2021, the Company repaid $88.0 million of 2018-2 Secured Notes due 2029.On March 8, 2021 ....

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Mount Logan Capital Inc. Announces Purchase of Minority Stake in U.S. Asset Management Platform


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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES
All figures in United States dollars unless otherwise noted.
TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) Mount Logan Capital Inc. (NEO: MLC) (
Mount Logan or the
Company ) is pleased to announce that a wholly-owned subsidiary of the Company has completed the acquisition of a 21.4% equity stake in Sierra Crest Investment Management LLC (
Sierra Crest ) from an arms-length third party for a purchase price of $7.0 million, funded by a combination of newly incurred debt and a deferred cash consideration. Sierra Crest is a registered investment adviser under the U.S. ....

United States , Mount Logan , Ted Goldthorpe , Ted Gilpin , Portman Ridge , Mount Logan Capital Inc , Portman Ridge Finance Corporation , Resource Credit Income Fund , Sierra Crest Investment Management , Credit Income Fund , Us Investment Company , Logan Capital , Advisers Act , Alternative Credit Income Fund , Company Act , Nasdaq Global Select Market , Sierra Crest , North American , Chief Financial , ஒன்றுபட்டது மாநிலங்களில் , ஏற்ற லோகன் , டெட் கோல்தோர்ப் , டெட் கில்பின் , போர்ட்‌ம்யாந் ரிட்ஜ் , ஏற்ற லோகன் மூலதனம் இன்க் , போர்ட்‌ம்யாந் ரிட்ஜ் நிதி நிறுவனம் ,