Investcorp Credit Management BDC, Inc.

Investcorp Credit Management BDC, Inc. has filed a definitive proxy statement (DEF 14A) for its 2026 Annual Meeting of Stockholders, scheduled for December 18, 2026. The meeting will be held at the company's New York offices, and only stockholders of record as of November 5, 2026, are eligible to vote. The main agenda item is the election of two directors. The Board of Directors unanimously recommends voting in favor of the nominated directors.

Investcorp Credit Management BDC, Inc. announced the disposal of its entire exposure in Work Genius Holdings, Inc. and Work Genius, LLC on May 27, 2026. The aggregate fair market value of this transaction was approximately $10.3 million.

Investcorp Credit Management BDC, Inc. announced its financial results for the fiscal quarter ended March 31, 2026. The company reported a decrease in Net Asset Value (NAV) per share to $3.65, down from $4.25, and a 14.07% decrease in net assets. Strategic actions included refinancing existing notes, repaying $14.0 million of its credit facility, and reducing the Capital One revolving credit facility commitment from $100 million to $50 million. The investment adviser also waived $456 thousand in management fees to support liquidity.

Investcorp Credit Management BDC reported a net loss of $(8.63) million for Q1 2026, resulting in an EPS of $(0.60), a significant decline from a net increase of $2.21 million and EPS of $0.15 in Q1 2025. The company's Net Asset Value per share decreased to $3.65 from $4.25 at the end of 2025. Total investments and net assets also saw a notable decrease, primarily due to a substantial net change in unrealized depreciation on investments. The company also refinanced its 2026 Notes with new 2029 Notes.

Investcorp Credit Management BDC, Inc., through its wholly-owned subsidiary Investcorp Credit Management BDC SPV, LLC, executed a sixth amendment to its Loan, Security and Collateral Management Agreement on May 6, 2026. This amendment significantly reduces the facility size from $100 million to $50 million. Capital One, National Association continues as the administrative agent, with Wells Fargo Bank, National Association as the collateral custodian.

Investcorp Credit Management BDC, Inc. (ICMB) released its Investment Dashboard Summary for the quarter ended December 31, 2025. The company's portfolio has a total Fair Market Value (FMV) of $172.7 million. This portfolio comprises 37 individual company investments across 18 GICS Level 3 industries and 67 debt and equity positions. Key holdings include Bioplan, WorkGenius, Klein Hersh, and Xenon Arc.

Investcorp Credit Management BDC, Inc. (ICMB) announced it has engaged Houlihan Lokey Capital, Inc. as its financial advisor. The advisor will assist the Special Committee of Independent Directors in its ongoing review of strategic alternatives to maximize shareholder value. The company previously stated the committee is evaluating various strategic, financial, and business configuration options. ICMB has not set a timetable for the review's conclusion and has not made any decisions yet, with no assurance of a specific transaction.