Bain Capital Specialty Finance, Inc. Declares a Dividend for the Third Quarter of 2021, Payable on October 29, 2021
August 04, 2021 at 05:05 pm EDT
Share
Bain Capital Specialty Finance, Inc. has declared a dividend of $0.34 per share for the third quarter of 2021. The third quarter dividend is payable on October 29, 2021 to holders of record as of September 30, 2021.
Bain Capital Specialty Finance, Inc. is an externally managed specialty finance company focused on lending to middle market companies. The Company's investment objective is to generate current income and, to a lesser extent, capital appreciation through direct originations of secured debt, including first lien, first lien/last out, unitranche and second lien debt, investments in strategic joint ventures, equity investments and, to a lesser extent, corporate bonds. Its primary focus is capitalizing on opportunities within Bain Capital Creditâs Senior Direct Lending Strategy, which seeks to provide risk-adjusted returns and current income to investors by investing in middle-market companies with between $10 million and $150 million in annual earnings before interest, taxes, depreciation and amortization. It is focused on senior investments with a first or second lien on collateral and strong structures and documentation intended to protect the lender. It is managed by BCSF Advisors, LP.