Bain Capital Specialty Finance Q2 2020 Earnings Report

Delivered solid financial results driven by stable credit quality and strengthened balance sheet.

Key Takeaways

Bain Capital Specialty Finance reported solid financial results for the second quarter of 2020, driven by stable credit quality and access to capital markets. Net increase in net assets resulting from operations was $21.8 million, or $0.40 per share.

Invested $49.2 million in 16 portfolio companies across 10 different industries.

Investment portfolio had a fair value of $2,476.0 million, comprised of investments in 109 portfolio companies operating across 30 different industries.

Weighted average yield on the investment portfolio at fair value was 6.9%.

Net increase in net assets resulting from operations for the three months ended June 30, 2020 was $21.8 million, or $0.40 per share.

Total Revenue

$47.9M

Previous year: $50.6M