PTMN News and Press, Portman Ridge Finance Corporation From 12/12/19

NEW YORK, Dec. 12, 2019 (GLOBE NEWSWIRE) -- OHA Investment Corporation (Nasdaq: OHAI) (the “Company” or “OHAI”) announced today that it obtained stockholder approval for its proposed merger (the “Merger”) with Portman Ridge Finance Corporation (Nasd...

Merger activity increased with five new deals announced and five deals closing. Deal Statistics New Deals The acquisition of Audentes Therapeutics (BOLD) by Astellas Pharma (ALPMF) for $2.65 billion or $60.00 per share in cash. The acquisition of AK Steel Holding Corporation...

BDC Total Returns As predicted in previous articles, business development companies ("BDC") continue to do well with an average total return of almost 24%. However, there is a wide range of results and the market has started to pullback. The table below shows the total returns by BDC usi...

Merger activity decreased, with three new deals announced and five deals closing. Deal Statistics: New Deals: The acquisition of Carolina Financial Corporation (CARO) by United Bankshares (UBSI) for $1.1 billion in an all-stock deal. Under the terms of the agreement, United will...

Foreword To quote a comment from a reader of August's high-yield, low-priced dividend dog list, this is "dangerous advice." Hence it is to be used at your own risk. I have always advised that high dividends are a sure sign of high risk. Combine that signal with a low-price offer and you ...

In October, I presented a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding over 10% and their safer baby bonds/preferred shares currently yielding around 6%. Part 1 discussed Monroe Capital ( MRCC ), Owl R...

NEW YORK, Nov. 12, 2019 (GLOBE NEWSWIRE) -- OHA Investment Corporation (NASDAQ: OHAI) (the “Company”) today announced its financial results for the quarter ended September 30, 2019. Management will discuss the Company's results summarized below on a conference call on Wednesda...

Portman Ridge Finance Corporation (PTMN) Q3 2019 Earnings Conference Call November 08, 2019 09:00 AM ET Company Participants Ted Goldthorpe - Chief Executive Officer Ted Gilpin - Chief Financial Officer Patrick Schafer - Chief Investment Officer Conference Call Participants ...

Portman Ridge Finance (NASDAQ: PTMN ): Q3 GAAP EPS of $0.06 misses by $0.01 . Revenue of $7.08M (-1.1% Y/Y) beats by $0.12M . Press Release More news on: Portman Ridge Finance Corporation, Earnings news and commentary, Financial stocks news, ,

NEW YORK, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) announces its third quarter 2019 financial results. Recent Developments The Company has filed a combined registration statement and proxy statement related to OH...