<SEC-DOCUMENT>0001193125-19-267712.txt : 20191015
<SEC-HEADER>0001193125-19-267712.hdr.sgml : 20191015
<ACCEPTANCE-DATETIME>20191015162709
ACCESSION NUMBER:		0001193125-19-267712
CONFORMED SUBMISSION TYPE:	497AD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20191015
DATE AS OF CHANGE:		20191015

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Investcorp Credit Management BDC, Inc.
		CENTRAL INDEX KEY:			0001578348
		IRS NUMBER:				462883380
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		497AD
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-223999
		FILM NUMBER:		191151226

	BUSINESS ADDRESS:	
		STREET 1:		65 EAST 55TH STREET
		STREET 2:		15TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-388-5813

	MAIL ADDRESS:	
		STREET 1:		65 EAST 55TH STREET
		STREET 2:		15TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CM Finance Inc
		DATE OF NAME CHANGE:	20130531
</SEC-HEADER>
<DOCUMENT>
<TYPE>497AD
<SEQUENCE>1
<FILENAME>d817929d497ad.htm
<DESCRIPTION>INVESTCORP CREDIT MANAGEMENT BDC, INC.
<TEXT>
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<TITLE>Investcorp Credit Management BDC, Inc.</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Filed Pursuant to Rule 497(a) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>File <FONT STYLE="white-space:nowrap">No.&nbsp;333-223999</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Rule 482 AD </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Investcorp
Credit Management BDC, Inc. Announces Public Offering of Additional 6.125% Notes Due 2023 </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, New York &#150; October 15, 2019 &#150;
Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (the &#147;Company&#148;) (NASDAQ: ICMB) announced today that it is offering, subject to market and other conditions, additional 6.125% Notes due 2023 (the &#147;Notes&#148;) in a
public offering.&nbsp;The Notes constitute a further issuance of, rank equally in right of payment with, and form a single series with the $34.5&nbsp;million in aggregate principal amount of the 6.125% Notes due 2023 that the Company initially
issued on July&nbsp;2, 2018 and July&nbsp;12, 2018 (the &#147;Existing Notes&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Existing Notes currently trade on the NASDAQ Global Select
Market under the symbol &#147;CMFNL.&#148; The Company intends to list the additional Notes under the same trading symbol. In addition, the Company intends to grant the underwriters for the offering
<FONT STYLE="white-space:nowrap">a&nbsp;30-day&nbsp;option</FONT> to purchase additional Notes representing 15% of the offered amount of Notes from the Company to cover over-allotments, if any. The Notes have received a private rating of BBB- from
Egan-Jones Ratings Company.* </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company intends to use a portion of the net proceeds from the offering to repay outstanding indebtedness under its
existing senior secured revolving financing facility (the &#147;Revolving Financing&#148;) with UBS AG, London Branch. However, the Company may <FONT STYLE="white-space:nowrap">re-borrow</FONT> under the Revolving Financing and use such borrowings
to invest in middle market companies in accordance with its investment objective and strategies and for working capital and general corporate purposes. As of October 11, 2019, there were $19.0&nbsp;million in borrowings outstanding under the
Revolving Financing, which generally bears interest at a rate per annum equal to <FONT STYLE="white-space:nowrap">one-month</FONT> LIBOR plus 3.15%. The Company intends to use any remaining net proceeds from the offering to fund investments in
middle market companies in accordance with its investment objective and for other general corporate purposes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladenburg Thalmann&nbsp;&amp; Co. Inc., a
subsidiary of Ladenburg Thalmann Financial Services Inc., Janney Montgomery Scott LLC, and BB&amp;T Capital Markets, a division of BB&amp;T Securities, LLC, are acting as book-running managers for the offering.<B> </B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investors are advised to carefully consider the investment objective, risks and charges and expenses of the Company before investing. The preliminary
prospectus supplement, dated October 15, 2019, and accompanying prospectus, dated April&nbsp;10, 2019, each of which has been filed with the U.S. Securities and Exchange Commission, contain a description of these matters and other important
information about the Company and should be read carefully before investing. </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>The information in the preliminary prospectus supplement, the
accompanying prospectus and this press release is not complete and may be changed. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in this offering or any other securities nor will there
be any sale of these securities or any other securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws
of such state or jurisdiction. </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>A shelf registration statement relating to these securities is on file with and has been declared effective by the
U.S. Securities and Exchange Commission. The offering may be made only by means of a prospectus and a related prospectus supplement, copies of which may be obtained, when available, from Ladenburg Thalmann, Attn: Syndicate Department, 277 Park Ave,
26th Floor, New York, NY 10172, or by emailing prospectus@ladenburg.com (telephone number <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-800-573-2541)</FONT></FONT></FONT></B>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Investcorp Credit Management BDC, Inc. </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The
Company is an externally-managed, <FONT STYLE="white-space:nowrap">closed-end,</FONT> <FONT STYLE="white-space:nowrap">non-diversified</FONT> management investment company that has elected to be regulated as a business development company under the
Investment Company Act of 1940. The Company&#146;s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments by targeting investment
opportunities with favorable risk-adjusted returns. The Company seeks to invest primarily in middle-market companies that have annual revenues of at least $50mm and earnings before interest, taxes, depreciation and amortization of at least
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$15mm. The Company&#146;s investment activities are managed by its investment adviser, CM Investment Partners LLC. To learn more about Investcorp Credit Management BDC, Inc., please visit
www.icmbdc.com. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Statements included herein may contain &#147;forward-looking statements,&#148; which relate to future performance or financial condition. Statements other
than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over
time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange
Commission. The Company undertakes no duty to update any forward-looking statement made herein, except as required by law. All forward-looking statements speak only as of the date of this press release.</P>
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<TD VALIGN="bottom">CONTACT:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Investcorp Credit Management BDC, Inc.</TD></TR>
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<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Investor Relations</TD></TR>
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<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Email: icmbinvestorrelations@investcorp.com</TD></TR>
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<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Phone: <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">212-257-5199</FONT></FONT></TD></TR>
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