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Mar 31, 2021
Bain Capital Specialty Finance Q1 2021 Earnings Report
Announced strong first quarter earnings results driven by higher interest income, improved credit metrics, and net gains across a diversified portfolio.
Key Takeaways
Bain Capital Specialty Finance reported strong first-quarter earnings, driven by increased interest income, improved credit metrics, and net gains. The company invested $383.9 million in 26 portfolio companies and had $549.4 million in principal repayments and sales. Net increase in net assets resulting from operations was $31.8 million, or $0.49 per share.
Invested $383.9 million in 26 portfolio companies.
Principal repayments and sales totaled $549.4 million.
Net investment income was $22.2 million, or $0.34 per share.
Net increase in net assets resulting from operations was $31.8 million, or $0.49 per share.