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Recent Updates — BCIC

August 12, 2026View Source ↗

BCP Investment Corp's subsidiary, Capitala Business Lending, LLC, entered into a sixth amendment to its KeyBank Credit Facility on August 6, 2026. The amendment increases the facility amount from $75 million to $150 million and extends the reinvestment period termination date to August 6, 2029, with a final maturity of August 6, 2031. Interest margins were reduced during both the reinvestment and amortization periods. Concurrently, the company refinanced its existing JPMorgan Chase credit facility by repaying all outstanding advances using proceeds from the amended KeyBank facility. BCP Investment Corp operates as a business development company investing in middle-market companies.

August 7, 2026View Source ↗

BCP Investment Corporation reported second quarter 2026 net investment income of $5.5 million ($0.45 per share), down from $6.9 million in the prior quarter, driven by a smaller earning asset base and lower non-recurring fee income. Net asset value declined to $179.5 million ($14.49 per share) due primarily to unrealized markdowns, with approximately 34% attributable to software investments. The company declared regular monthly base distributions of $0.09 per share for October, November, and December 2026. Subsequent to the quarter end, BCIC amended its KeyBank Credit Facility, increasing committed capacity from $75 million to $150 million, reducing borrowing spreads by 30 basis points, extending maturity to August 2031, and using proceeds to fully repay and terminate its JPMorgan revolving credit facility. BCP Investment Corporation is a publicly traded business development company that originates, structures, finances, and manages middle-market debt and equity investments.