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

Share this article Share this article 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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GGRAsia – GEN Malaysia fresh US$20mln cash input to Empire Resorts

GGRAsia – GEN Malaysia fresh US$20mln cash input to Empire Resorts
ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.

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Genting Malaysia to subscribe up to US$20mil of Empire Resorts shares

Genting Malaysia to subscribe up to US$20mil of Empire Resorts shares
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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Genting Malaysia to inject another US$20m into Empire Resorts

Genting Malaysia to inject another US$20m into Empire Resorts
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Kuala lumpurEmpire resorts incGenting malaysia bhdEmpire resortsNew yorkResorts world catskillsகுவாலா லம்பூர்பேரரசு ரிசார்ட்ஸ் இன்க்கெண்டிங் மலேசியா ப்ட்பேரரசு ரிசார்ட்ஸ்புதியது யார்க்ரிசார்ட்ஸ் உலகம் கேட்ஸ்கில்ஸ்