Portman Ridge Finance Corp (NAS:PTMN)
$ 18.17 0.01 (0.06%) Market Cap: 167.96 Mil Enterprise Value: 440.79 Mil PE Ratio: 13.87 PB Ratio: 0.86 GF Score: 35/100

Q2 2019 Portman Ridge Finance Corp Earnings Call Transcript

Aug 07, 2019 / 01:00PM GMT
Release Date Price: $23.7 (-0.42%)
Operator

Hello, ladies and gentlemen, and welcome to the Portman Ridge Second Quarter 2019 Financial Results Conference Call. (Operator Instructions) As a reminder, this conference call is being recorded.

I would like to turn the conference call over to your host, Mr. Ted Goldthorpe, Chief Executive Officer.

Edward Joseph Goldthorpe
Portman Ridge Finance Corporation - Chairman, CEO & President

Thank you, operator, and good morning. Thank you for joining us on our earnings call.

Today, Portman Ridge announced it's second quarter 2019 financial results. As you know, on April 1, we closed on the externalization transaction. And at that time, an affiliate of BC Partners Advisors, LP, became the external manager of Portman Ridge Financial Corporation.

Additionally, on August 1, we announced that Portman Ridge has entered into a definitive agreement under which OHA Investment Corporation will merge with and into Portman Ridge. The transaction is subject to OHAI shareholder vote and to the extent approved, is expected to close in the fourth

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