Bull
$21.59
Scenario price
$19.080
+0.080 (+0.42%)At close
Logan Ridge Finance Corporation is a business development company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. It invests in first lien loans, and, to a lesser extent, second lien loans and equity securities issued by lower middle-market and traditional middle-market companies. The Company invests in a portfolio of sectors, such as healthcare, business services, financials, information technology, industrials, consumer discretionary, communication services, consumer staples, data processing and digital marketing and others. The Company's investment advisor is Mount Logan Management LLC (Mount Logan).
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Portman Ridge Finance Corporation Closes Merger with Logan Ridge Finance Corporation

Portman Ridge Finance Corporation Announces Shareholder Approval of Merger with Logan Ridge Finance Corporation

Logan Ridge obtains shareholder approval for acquisition by Portman Ridge Finance

Logan Ridge Finance Corporation Announces Shareholder Approval of Merger with Portman Ridge Finance Corporation

Portman Ridge Announces Adjournment of Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote "FOR" the Share Issuance Proposal
Logan Ridge Finance Corporation is a business development company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. It invests in first lien loans, and, to a lesser extent, second lien loans and equity securities issued by lower middle-market and traditional middle-market companies. The Company invests in a portfolio of sectors, such as healthcare, business services, financials, information technology, industrials, consumer discretionary, communication services, consumer staples, data processing and digital marketing and others. The Company's investment advisor is Mount Logan Management LLC (Mount Logan). It operates in the Financials sector.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.