Bain Capital Specialty Finance reported a positive third quarter driven by higher interest income and stable credit quality. The company invested $286.4 million in 39 portfolio companies and had $254.9 million of principal repayments and sales.
Invested $286.4 million in 39 portfolio companies.
Investment portfolio had a fair value of $2,356.7 million, comprised of investments in 105 portfolio companies.
Weighted average yield on the investment portfolio at fair value was 7.6%.
Net increase in net assets resulting from operations was $23.3 million, or $0.36 per share.
This letter may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this letter may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.