Bain Capital Specialty Finance Q2 2021 Earnings Report

Bain Capital Specialty Finance reported strong earnings and NAV growth, driven by a diversified portfolio of middle market senior secured loans and active origination activity.

Key Takeaways

Bain Capital Specialty Finance announced its financial results for the second quarter ended June 30, 2021, reporting a net increase in net assets resulting from operations of $42.4 million, or $0.66 per share. The company's investment portfolio had a fair value of $2,319.5 million, and the Board of Directors declared a dividend of $0.34 per share for the third quarter of 2021.

Invested $213.2 million in 32 portfolio companies.

Investment portfolio fair value reached $2,319.5 million, comprised of investments in 104 portfolio companies.

Net increase in net assets resulting from operations was $42.4 million, or $0.66 per share.

Declared a dividend of $0.34 per share for the third quarter of 2021.

Total Revenue

$46.5M

Previous year: $47.9M