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Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended March 31, 2021 and Quarterly and Supplemental Distributions


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NEW YORK, May 10, 2021 /PRNewswire/ Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) ( ICMB or the Company ) announced its financial results today for its fiscal third quarter ended March 31, 2021. 
HIGHLIGHTS
On May 6, 2021, the Company s Board declared a distribution for the quarter ending June 30, 2021 of $0.15 per share, payable on July 9, 2021, to stockholders of record as of June 18, 2021.
ICMB made two investments in new portfolio companies. These investments totaled $14.8 million. The weighted average yield of debt investments made in the quarter was 8.51%.
ICMB fully realized four investments during the quarter, totaling $17.9 million, and received additional partial repayments totaling $4.1 million. ....

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GGRAsia – GEN Malaysia likely 2021 loss amid pandemic: Maybank


Maybank Investment Bank Bhd says it now expects Genting Malaysia Bhd to record a core net loss for 2021, “due to the recent surge in new Covid-19 cases” in Malaysia, where the gaming firm runs its main earner, the Resorts World Genting casino complex (pictured) near Kuala Lumpur.
The brokerage said it was now  forecasting Genting Malaysia’s “full-year core net loss” at MYR384.8 million (US$93.5 million), compared to a 2020 core net profit of MYR137.9 million, wrote analyst Samuel Yin Shao Yang, in comments accompanying a Tuesday note.
Resorts World Genting resumed operations on February 16, after being closed for more than three weeks as a Covid-19 countermeasure, due to a spike in infections in that country. ....

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