On March 20, 2026, BCP Investment Corporation (the "Company") entered into a note purchase agreement to issue $50 million in aggregate principal amount of 7.50% notes due 2029 (the "Notes"). This issuance is part of the Company's strategy to refinance existing debt and improve its capital structure. The Company intends to use the net proceeds from the offering to repay $40 million of its 5.25% fixed-rate notes due 2026 and to pay down other indebtedness. The Notes will mature on September 24, 2029, and will bear interest at a rate of 7.50% per annum, payable semi-annually. The issuance of these Notes is expected to enhance the Company's liquidity position and provide a more favorable interest rate environment for its debt obligations. The Notes are general unsecured obligations of the Company and rank senior in right of payment to all existing and future indebtedness that is expressly subordinated in right of payment to the Notes. The Company has also agreed to maintain a rating of the Notes from a recognized rating agency as long as the Notes are outstanding. This move is seen as a positive step towards strengthening the Company's financial health and operational flexibility.
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