PTMN News and Press, Portman Ridge Finance Corporation From 01/04/21

Merger activity decreased last week with one new deal announced. The acquisition of Red Lion Hotels (RLH) by Sonesta International Hotels. Perella Weinberg Partners and FinTech Acquisition Corp. IV enter into a definitive business combination agreement. For further details s...

Merger activity remained steady last week with seven new deals announced. The acquisition of RealPage by Thoma Bravo. The acquisition of QEP Resources by Diamondback Energy. For further details see: Merger Arbitrage Mondays: Deal-Making In 2020 Ends With A Bang

NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Harvest Capital Credit Corporation (NASDAQ: HCAP) (“HCAP”) and Portman Ridge Finance Corporation (NASDAQ: PTMN) (the “Company” or “PTMN”) announced today that they have entered into a definitive agreement ...

PTMN trades at a stunning 43% discount to NAV and yields 14.7%. PTMN reported a strong Q3 earnings report with higher NAV and improvements in credit quality. The 6 cent quarterly dividend has been just barely covered by net investment income. Dividend coverage will improve due...

Portman Ridge Finance Corporation (PTMN) Q3 2020 Earnings Conference Call November 10, 2020, 09:00 AM ET Company Participants Ted Goldthorpe - CEO Ted Gilpin - CFO Patrick Schafer - CIO Conference Call Participants Christopher Nolan - Ladenburg Thalmann Paul Johnson - KBW Steven Martin - Slat...

Portman Ridge Finance (PTMN): Q3 NII of $0.06 beats by $0.01.Total investment income of approximately $7.8M vs. $7.1M last year.Press Release For further details see: Portman Ridge Finance EPS beats by $0.01

Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its third quarter 2020 financial results. Financial Highlights Net investment income for the third quarter ended September 30, 2020 was approxima...

Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) will release its financial results for the quarter ended September 30, 2020 on Monday, November 9th, 2020 after the markets close. The Company will host a conference call on Tuesday, November 10th, 2020 at 9:...

Proceeds from Rockdale Blackhawk's liquidation boosted MRCC revenue in Q2, while core revenue decreased, in line with industry averages. The conservative valuation process and the third-party asset assessments of MRCC's portfolio confirm the reliability of NAV. A less risky altern...

Combined company estimated to have total assets of approximately $638 million Third strategic transaction closed by Portman Ridge in two years Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “PTMN”) and Garrison Capi...