Portman Ridge Finance Corporation announced its first quarter 2025 financial results, reporting a net investment income of $0.47 per share and a net asset value of $18.85 per share. The company deployed approximately $17.5 million and had sales and repayments of about $15.7 million, resulting in a net deployment of roughly $1.8 million. Portman Ridge declared a second quarter 2025 quarterly base distribution of $0.47 per share, payable on May 29, 2025. The company encourages investors to vote in favor of acquiring Logan Ridge Finance Corporation, highlighting strategic benefits such as increased scale and improved liquidity.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Portman Ridge Finance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-116982), on May 09, 2025, and is solely responsible for the information contained therein.
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