PTMN News and Press, Portman Ridge Finance Corporation From 05/10/21

Sam Zell's Equity Commonwealth (EQC) wins bidding war for Monmouth Real Estate Investment Corporation (MNR) but arbitrageurs are expecting more. Farm Bureau Property & Casualty Insurance Company bumps up its offer price for FBL Financial Group (FFG) to $61 per share from its previ...

Portman Ridge Finance Corporation (PTMN) Q1 2021 Earnings Conference Call May 07, 2021 8:00 AM ET Company Participants Jeehae Linford – The Equity Group Ted Goldthorpe – Chief Executive Officer Jason Roos – Chief Financial Officer Patrick Schafer – Chief Investment...

Portman Ridge Finance (PTMN): Q1 NII of $0.11 beats by $0.04.Total investment income of $18.3M (+136.1% Y/Y) beats by $5.76M.Net leverage was 1.1x as of March 31, 2021, down from 1.4x as of December 31, 2020, driven primarily by the repayment of $88.0 million of 2018-2 Secured Notes...

NEW YORK, May 06, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the first quarter ended March 31, 2021 and declared a quarterly stockholder distribution of $0...

NEW YORK, May 03, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) will release its financial results for the first quarter ended March 31, 2021 on Thursday, May 6, 2021, after market close. The Company will host a conference call on Fr...

NEW YORK, May 03, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”), a business development company, today announced that on April 30, 2021, it closed a private placement of $80 million in aggregate princ...

Merger activity increased last week with seven new deals announced. 24 deals announced in the month of April. The acquisition of Proofpoint by Thoma Bravo. For further details see: Merger Arbitrage Mondays - Standard Industries Finally Bags W. R. Grace

Merger activity remained steady last week with six new deals announced. Kansas City Southern receives new superior offer. Three new bank mergers announced last week. For further details see: Merger Arbitrage Mondays - Bank Mergers Dominate

Merger activity increased last week with six new deals announced. $50 billion worth of deals announced in a single week. Thermo Fisher Scientific to acquire PPD Inc. For further details see: Merger Arbitrage Mondays - Microsoft's Acquisition Of Nuance Offers A 5% Spread ...

Fact: Financials is the most attractively-priced sector out there. Fact: Financials is the most overweight sector out there. Fact: Financials is the most hurdle-free sector out there. Conclusion: We see no reason not to be bullish on Financials. For further details see: ...