Portman Ridge Finance Corp

NASDAQ: PTMN
$16.35
+$0.00 (+0.0%)
Closing Price on December 20, 2024

PTMN Stock Chart and Intraday Price

PTMN Stock Data

Asset Type Stock
Exchange NASDAQ
Currency USD
Country USA
Sector TECHNOLOGY
Industry GENERAL
Address NONE
Fiscal Year End December
Latest Quarter 9/30/2023
Market Cap 174.58M USD
Shares Outstanding 9,447,100
Portman Ridge Finance Corp is a business development company focusing on middle market firms. It offers a variety of financial solutions, including unitranche loans, first and second lien loans, subordinated debt, and equity co-investments. The company targets sectors like healthcare, manufacturing, media, and food and beverage, aiming to support businesses with EBITDA between $5 million and $25 million. Portman Ridge provides funding ranging from $1 million to $20 million, catering to companies seeking senior secured term loans, mezzanine loans, and equity investments.

PTMN Articles

24/7 Wall Street Insights The current high interest environment has fueled the growth of the private credit market from $875 billion to over $1 trillion in a short time, with a projected $2.8...
24/7 Wall Street Insights Buying power continues to diminish due to inflation, forcing millions to choose between foregoing food, medicine, or other bills. Federal debt is adding $1 trillion in...