We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Portman Ridge Finance Corp (PTMN) USD0.01

Sell:$18.63 Buy:$18.70 Change: $0.08 (0.43%)
Market closed |  Prices as at close on 27 March 2024 | Switch to live prices |
Ex-dividend
Sell:$18.63
Buy:$18.70
Change: $0.08 (0.43%)
Market closed |  Prices as at close on 27 March 2024 | Switch to live prices |
Ex-dividend
Sell:$18.63
Buy:$18.70
Change: $0.08 (0.43%)
Market closed |  Prices as at close on 27 March 2024 | Switch to live prices |
Ex-dividend
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Portman Ridge Finance Corporation (the Fund) is a non-diversified closed-end investment company. The Fund’s investment objective is to generate current income and, to a lesser extent, capital appreciation from the investments in senior secured term loans, mezzanine debt and selected equity investments in privately held middle market companies. The Fund primarily invests in first and second lien term loans. The Fund originates, structures and invests in secured term loans, bonds or notes and mezzanine debt primarily in privately held middle market companies but may also invest in other investments, such as loans to publicly traded companies, high-yield bonds and distressed debt securities (collectively, the Debt Securities Portfolio). The Fund also invests in debt and subordinated securities issued by collateralized loan obligation funds (CLO Fund Securities). The Fund's investment advisor is Sierra Crest Investment Management LLC and is an affiliate of BC Partners LLP.

Contact details

Address:
650 MADISON AVNUE, 23RD FLOOR
NEW YORK
10022
United States
Telephone:
+1 (212) 8912880
Website:
https://www.portmanridge.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
PTMN
ISIN:
US73688F2011
Market cap:
$173.98 million
Shares in issue:
9.34 million
Sector:
Asset Management & Custody Banks
Exchange:
NASDAQ
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • Ted Goldthorpe
    Chairman of the Board, President, Chief Executive Officer
  • Jason Roos
    Chief Financial Officer, Treasurer, Secretary
  • Patrick Schafer
    Chief Investment Officer
  • David Held
    Chief Compliance Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.