Reduces Interest Rate Margin to 2.50% from 2.80% Under the terms of the amendment, there was a committed increase to the aggregate principal amount of the Credit Facility in an amount not to exceed $85.0 million, for a total of $200.0 million, the applicable margin was reduced from 2.80% per annum to 2.50% per annum, and there was a committed seven-day bridge advance in an aggregate principal amount of approximately $18.3 million. Additionally, the reinvestment period was extended from April 29, 2025 to Aug ...

Reduces Interest Rate Margin to 2.50% from 2.80% About Portman Ridge Finance Corporation This press release contains forward-looking statements regarding repurchases of shares of the Company's common stock. There is no assurance that repurchases will be made in any specific amounts or that the market price of the Company's shares, either absolutely or relative to net asset value, will increase as a result of any share repurchases, or that any repurchases will enhance stockholder value over the long term. Th ...

By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 9474953. A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis at https://edge.media-server.com/mmc/p/zqckbjgv. The online archive of the webcast will be available on the Company's website shortly after the call at www.portmanridge.com in the Investor Relations section under Events and Presentations. By Webcast: P ...

By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 9474953. A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis at https://edge.media-server.com/mmc/p/zqckbjgv. The online archive of the webcast will be available on the Company's website shortly after the call at www.portmanridge.com in the Investor Relations section under Events and Presentations. By Webcast: P ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Portman Ridge Finance Corporation Announces First Quarter 2024 Financial Results Reports Net Investment Income of $0.67 per share and Net Asset Value of $22.57 Per Share Continued Share Repurchase Program: Total of 51,015 Shares for an Aggregate Cost of Approximately $1.0 Million Repurchased During the First Quarter; Accretive to NAV by $0.02 Per Share Announces Second Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, May 8, 2024 – Portman Ridge Finance Corp ...

Portman Ridge Finance Corporation (NASDAQ:PTMN) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Ted Goldthorpe - Chief Executive Officer, President & Director Patrick Schafer - Chief Investment Officer Brandon Satoren - Chief Financial Officer Conference Call Participants Christopher Nolan - Ladenburg Deepak Sarpangal - Repertoire Partners Steven Martin - Slater Operator Welcome to Portman Ridge Finance Corporation's First Quarter 2024 Earnings Conference Call. An earnings press ...

Credit Quality | --- | --- | --- | --- | --- | --- | |----------------------------------------------------|---------|---------|---------|----------------------------------------|---------| | ($ in '000s) | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | | Investments Credit Quality – Internal Rating (1) | | | | | | | Performing | 95.1% | 95.1% | 93.5% | 93.7% | 93.7% | | Underperforming | 4.9% | 4.9% | 6.5% | 6.3% | 6.3% | | Investments on Non-Accrual Status | | | | | | | Number of Non-Accrual Investments ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 814-00735 Portman Ridge Finance Corporation (Exact name of Registrant as specified in its charter) (State or other jurisdiction of Incorporation or organ ...

Portman Ridge Finance Corporation (NASDAQ:PTMN) Q4 2023 Earnings Conference Call March 14, 2024 9:00 AM ET Company Participants Ted Goldthorpe - President, Chief Executive Officer and Director, Portman Ridge Finance Corporation Jason Roos - Chief Financial Officer Patrick Schafer - Chief Investment Officer Brandon Satoren - Chief Accounting Officer Conference Call Participants Christopher Nolan - Ladenburg Paul Johnson - KBW Steven Martin - Slater David Miyazaki - Confluence Investment Management Deepak Sar ...

3 ▪ Total investment income for the year ended 2023 was $76.3 million, of which $63.5 million was attributable to interest income from the Debt Securities Portfolio. This compares to total investment income of $69.6 million for the year ended 2022, of which $55.8 million was attributable to interest income from the Debt Securities Portfolio. ▪ Weighted average contractual interest rate on our interest earning Debt Securities Portfolio for the year ended 2023 was approximately 12.5%. ▪ Net asset value ("NAV" ...