Category: Business Development Companies

Harvest Capital Credit and Portman Ridge Finance to Merge

Harvest Capital Credit (HCAP) and Portman Ridge Finance (PTMN) entered into a definitive agreement under which HCAP will merge with and into PTMN, a business development company managed by Sierra Crest Investment Management.

Apollo Extends Maturity of Revolver with JPMorgan Chase, Truist, BMO, MUFG

Apollo Investment Corporation extended the final maturity of its senior secured revolving credit facility by approximately two years. JPMorgan Chase, Truist Securities, BMO Capital Markets and MUFG Union Bank are joint bookrunners and joint lead arrangers on the facility.