In response to the current market conditions and shareholder feedback, the Board of Directors of Portman Ridge Finance Corporation (PTMN) has proactively approved a cash distribution of $0.06 per share of common stock, consistent with the current dividend policy. As a result, if we declare a cash distribution, our stockholders who have not "opted out" of our DRIP will have their cash distributions automatically reinvested in additional shares of our common stock, rather than receiving cash. Please contact your broker or other financial intermediary for more information regarding the DRIP.
Portman Ridge Finance Corporation (PTMN) (the “Company”) will release its financial results for the quarter ended September 30, 2019 on Thursday November 7th, 2019 after the closing of the markets. The Company will host a conference call on Friday, November 8, 2019 at 9:00 am Eastern Time. A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis on the Company's website www.portmanridge.com in the Investor Relations section under Events.
Q4 2019 Portman Ridge Finance Corp Earnings Call
NEW YORK, March 06, 2020 -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) announces its full year 2019 financial results; Board authorizes Stock Repurchase.
Portman Ridge Finance Corporation (PTMN) (the “Company”) will release its financial results for the quarter ended March 31, 2020 on Wednesday, May 6th, 2020 after the markets close. The Company will host a conference call on Thursday, May 7th, 2020 at 9:00 am Eastern Time. A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis on our Company's website www.portmanridge.com in the Investor Relations section under Events.
NEW YORK, NY / ACCESSWIRE / March 9, 2020 / Portman Ridge Finance Corp. (PTMN) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 9, 2020 at 2:30 PM ...
In response to the continued uncertainty and unprecedented impact that the COVID-19 global pandemic is having on both the capital markets and economies around the world, Portman Ridge Finance Corporation (“we,” “us,” “our,” “Portman Ridge” or the “Company”) is providing an update to all of our stakeholders. Furthermore, we are in constant contact with our portfolio companies, sponsors and lender groups to provide support and advice as necessary. While we expect a challenging economic climate in the coming quarters, we believe stakeholders should take comfort in the ability of Sierra Crest to navigate a period of dislocation and stress such as this.
Today the Board of Directors of Portman Ridge Finance Corporation (PTMN) (the “Company”) approved a cash distribution for of $0.06 per share of common stock. The distribution is payable on November 29, 2019 to stockholders of record at the close of business as of November 15, 2019. The Board evaluates a number of factors in determining the amount of the quarterly distribution, including the amount required to be distributed in order for the Company to maintain its status as a “regulated investment company” under the Internal Revenue Code.
NEW YORK, Nov. 07, 2019 -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) announces its third quarter 2019 financial results. Recent Developments The.
NEW YORK, Aug. 01, 2019 -- OHA Investment Corporation (NASDAQ: OHAI) (“OHAI”) and Portman Ridge Finance Corporation (“PTMN”) (NASDAQ: PTMN) (f/k/a KCAP Financial, Inc.) today.
Q3 2019 Portman Ridge Finance Corp Earnings Call
NEW YORK, May 06, 2020 -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) announces its first quarter 2020 financial results. Financial Highlights Net.
NEW YORK, March 02, 2020 -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) will release its financial results for the year ended December 31, 2019 on Friday.
NEW YORK, Aug. 12, 2019 -- OHA Investment Corporation (NASDAQ: OHAI) (the “Company”) today announced its financial results for the quarter ended June 30, 2019. Management will.
NEW YORK, Dec. 12, 2019 -- OHA Investment Corporation (Nasdaq: OHAI) (the “Company” or “OHAI”) announced today that it obtained stockholder approval for its proposed merger.
NEW YORK, Aug. 06, 2019 -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) announces its second quarter 2019 financial results and declaration of a stockholder.
NEW YORK, Nov. 12, 2019 -- OHA Investment Corporation (NASDAQ: OHAI) (the “Company”) today announced its financial results for the quarter ended September 30, 2019. Management.
Portman Ridge Finance Corporation (PTMN) (the “Company”) will release its financial results for the quarter ended June 30, 2019 on Tuesday August, 6th, 2019 after the closing of the markets. The Company will host a conference call on Wednesday, August 7th, 2019 at 9:00 am Eastern Time. A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis on our Company's website www.portmanridge.com in the Investor Relations section under Events.
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As a result of the Closing, December 18, 2019 has been set as the record date (the “Record Date”) for the OHAI stockholders’ right to receive the $3.0 million cash payment from an affiliate of BC Partners Advisors L.P. (“BC Partners”) and LibreMax Capital, LLC through its affiliate LibreMax SC, LLC, as well as the merger consideration composed of (i) approximately $8.5 million in cash from PTMN and (ii) approximately 7.4 million shares of PTMN common stock. As a result, each share of OHAI common stock will receive approximately $0.57 in cash and 0.3688 shares of PTMN common stock.