Company Reports Q4 Total Investment Income of $6.9M
Reports Q4 total investment income of $6.9M; net investment income of $1.4M. Weighted average yield was 12.8% on debt and other income producing investments as of the fiscal year end. David Lorber, Chief Executive Officer of the company, stated: "Throughout fiscal year 2025, we remained focused on executing our strategy to grow NAV per share and enhance shareholder value. We continued our share repurchase program throughout the year, and in February we paid a special dividend of $1.43 per share. As always, we actively monitor our portfolio and assess potential impacts from economic and market developments. During the quarter, upon First Brands Group's delayed refinancing of the First Lien Term Loan, we quickly sold our entire position at nearly par (95.5), a demonstration of our nimbleness in seeking to protect capital when our investment outlook changes. We look forward to delivering continued value for shareholders in 2026 and beyond."
