Investcorp Credit Management BDC net investment loss turns to USD 0.5 million in Q2 FY26; investment income drops to USD 3.1 million
ICMB•Q2 results weaken as income falls
Investcorp Credit Management BDC posted a net investment loss of USD 0.5 million in the quarter ended June 30, 2026, versus net investment income of USD 0.8 million a year earlier.
Investment income fell 31.11% to USD 3.1 million, on lower average assets and lower index rates; Easy Way Leisure moved to non-accrual.
Liquidity actions during the period
Liquidity actions included cutting the Capital One revolving facility to USD 50 million, repaying the 2026 Notes, and issuing USD 65 million Floating Rate Senior Unsecured Notes due 2029.
Realized losses offset unrealized gains
Net realized results swung to a USD 2.1 million loss from a USD 2.2 million gain, reflecting losses on several investment sales.
Unrealized marks swung to a USD 1.4 million gain from a USD 3.2 million loss, led by valuation changes across select equity and loan positions.
