<SEC-DOCUMENT>0001140361-20-007464.txt : 20200330
<SEC-HEADER>0001140361-20-007464.hdr.sgml : 20200330
<ACCEPTANCE-DATETIME>20200330202703
ACCESSION NUMBER:		0001140361-20-007464
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200326
FILED AS OF DATE:		20200330
DATE AS OF CHANGE:		20200330

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SIPCO HOLDINGS LTD
		CENTRAL INDEX KEY:			0001079218
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-01054
		FILM NUMBER:		20759190

	BUSINESS ADDRESS:	
		STREET 1:		CENTURY YARD, CRICKET SQUARE
		STREET 2:		P.O. BOX 1111
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1102
		BUSINESS PHONE:		1 345 949 5122

	MAIL ADDRESS:	
		STREET 1:		CENTURY YARD, CRICKET SQUARE
		STREET 2:		P.O. BOX 1111
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1102

	FORMER NAME:	
		FORMER CONFORMED NAME:	SIPCO LTD
		DATE OF NAME CHANGE:	19990210

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Investcorp S.A.
		CENTRAL INDEX KEY:			0000903555
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-01054
		FILM NUMBER:		20759191

	BUSINESS ADDRESS:	
		STREET 1:		CENTURY YARD, CRICKET SQUARE
		STREET 2:		P.O. BOX 1111
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1102
		BUSINESS PHONE:		1 345 949 5122

	MAIL ADDRESS:	
		STREET 1:		CENTURY YARD, CRICKET SQUARE
		STREET 2:		P.O. BOX 1111
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1102

	FORMER NAME:	
		FORMER CONFORMED NAME:	INVESTCORP S A
		DATE OF NAME CHANGE:	19930505

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Investcorp BDC Holdings Ltd
		CENTRAL INDEX KEY:			0001791302

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-01054
		FILM NUMBER:		20759192

	BUSINESS ADDRESS:	
		STREET 1:		CENTURY YARD, CRICKET SQUARE
		STREET 2:		ELGIN AVENUE
		CITY:			GEORGE TOWN
		STATE:			E9
		ZIP:			GRAND CAYM
		BUSINESS PHONE:		2123512389

	MAIL ADDRESS:	
		STREET 1:		CENTURY YARD, CRICKET SQUARE
		STREET 2:		ELGIN AVENUE
		CITY:			GEORGE TOWN
		STATE:			E9
		ZIP:			GRAND CAYM

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Investcorp Credit Management US LLC
		CENTRAL INDEX KEY:			0001790382
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-01054
		FILM NUMBER:		20759193

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		36TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2125994700

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		36TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

ISSUER:		

	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

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		39TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-388-5813

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		39TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CM Finance Inc
		DATE OF NAME CHANGE:	20130531
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2020-03-26</periodOfReport>

    <issuer>
        <issuerCik>0001578348</issuerCik>
        <issuerName>Investcorp Credit Management BDC, Inc.</issuerName>
        <issuerTradingSymbol>ICMB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001791302</rptOwnerCik>
            <rptOwnerName>Investcorp BDC Holdings Ltd</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>CENTURY YARD, CRICKET SQUARE PO BOX 1111</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GRAND CAYMAN. KY1-1102</rptOwnerCity>
            <rptOwnerState>E9</rptOwnerState>
            <rptOwnerZipCode>BWI</rptOwnerZipCode>
            <rptOwnerStateDescription>CAYMAN ISLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isTenPercentOwner>true</isTenPercentOwner>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001790382</rptOwnerCik>
            <rptOwnerName>Investcorp Credit Management US LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>280 PARK AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>36TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isTenPercentOwner>true</isTenPercentOwner>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001079218</rptOwnerCik>
            <rptOwnerName>SIPCO HOLDINGS LTD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>CENTURY YARD, CRICKET SQUARE PO BOX 1111</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GRAND CAYMAN KY1-1102</rptOwnerCity>
            <rptOwnerState>E9</rptOwnerState>
            <rptOwnerZipCode>BWI</rptOwnerZipCode>
            <rptOwnerStateDescription>CAYMAN ISLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isTenPercentOwner>true</isTenPercentOwner>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000903555</rptOwnerCik>
            <rptOwnerName>Investcorp S.A.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>CENTURY YARD, CRICKET SQUARE PO BOX 1111</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GRAND CAYMAN KY1-1102</rptOwnerCity>
            <rptOwnerState>E9</rptOwnerState>
            <rptOwnerZipCode>BWI</rptOwnerZipCode>
            <rptOwnerStateDescription>CAYMAN ISLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isTenPercentOwner>true</isTenPercentOwner>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $0.001 par value per share</value>
            </securityTitle>
            <transactionDate>
                <value>2020-03-26</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2600</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.9325</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>425459</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $0.001 par value per share</value>
            </securityTitle>
            <transactionDate>
                <value>2020-03-27</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>800</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.8731</value>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>426259</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $0.001 par value per share</value>
            </securityTitle>
            <transactionDate>
                <value>2020-03-30</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2900</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.3883</value>
                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>429159</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $2.74 to $2.995.  The reporting person undertakes to provide to the Investcorp Credit Management BDC, Inc. (the &quot;Company&quot;), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this Form 4.</footnote>
        <footnote id="F2">These shares of Common Stock are owned directly by Investcorp BDC Holdings Limited (&quot;IBDC&quot;).  The same shares of Common Stock are reported herein as being beneficially owned by Investcorp S.A. (&quot;Investcorp&quot;), SIPCO Holdings Limited (&quot;SIPCO&quot;) and Investcorp Credit Management US LLC (&quot;ICM&quot;).  Investcorp and ICM each disclaim beneficial ownership of the shares held by IBDC, except to the extent, if any, that they have a pecuniary interest in such shares and such pecuniary interest is ultimately realized.  SIPCO may be deemed to control Investcorp through its ownership of a majority of the stock of a company that indirectly owns a majority of Investcorp.  SIPCO Limited disclaims beneficial ownership of the shares reported on this Form 3.</footnote>
        <footnote id="F3">The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $2.80 to $2.895.</footnote>
        <footnote id="F4">The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $2.12 to $2.57.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Investcorp BDC Holdings Limited, by Patrick Maloney, attorney-in-fact /s/ Patrick Maloney</signatureName>
        <signatureDate>2020-03-30</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Investcorp Credit Management US LLC, by Patrick Maloney, General Counsel /s/ Patrick Maloney</signatureName>
        <signatureDate>2020-03-30</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>SIPCO Holdings Limited, by Patrick Maloney, attorney-in-fact /s/ Patrick Maloney</signatureName>
        <signatureDate>2020-03-30</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Investcorp S.A., by Patrick Maloney, attorney-in-fact /s/ Patrick Maloney</signatureName>
        <signatureDate>2020-03-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
