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GAIN Update: Beat Best Case

GAIN Update: Beat Best Case

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BDC Buzz
May 12, 2022
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GAIN Update: Beat Best Case
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GAIN Quick Update:

  • GAIN beat its best-case projections due to the collection of $3.2 million of past due interest from a portfolio company previously on non-accrual status as well as lower-than-expected ‘Other G&A’.

  • NAV increased by another 1.2% mostly due to additional markups for its preferred stock position in Brunswick Bowling. NAV has grown by 35% ov…

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