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GAIN Update: Hits Best Case & Improved Credit Quality
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GAIN Update: Hits Best Case & Improved Credit Quality

BDC Buzz
Aug 3, 2021
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Summary

  • GAIN hit its best-case due to much higher-than-expected portfolio yield and portfolio growth driving interest income to its highest level at $16.0 million compared to $12.7 million the previous quarter.

  • However, some of the increase was from the payments of past-due interest from portfolio companies previously on non-accrual status and will be tak…

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