Loading...
•
Sep 30, 2020
Bain Capital Specialty Finance Q3 2020 Earnings Report
Bain Capital Specialty Finance reported strong earnings driven by stable portfolio performance and progress in de-leveraging the balance sheet.
Key Takeaways
Bain Capital Specialty Finance announced its financial results for the third quarter ended September 30, 2020. The company invested $29.2 million in 16 portfolio companies and had $89.9 million of principal repayments and sales. Net investment income was $21.5 million, or $0.33 per share, and the net increase in net assets resulting from operations was $51.5 million, or $0.80 per share.
Invested $29.2 million in 16 portfolio companies across 10 different industries.
Principal repayments and sales totaled $89.9 million.
Net investment income was $21.5 million, or $0.33 per share.
Net increase in net assets resulting from operations was $51.5 million, or $0.80 per share.