<SEC-DOCUMENT>0000902664-21-004051.txt : 20210827
<SEC-HEADER>0000902664-21-004051.hdr.sgml : 20210827
<ACCEPTANCE-DATETIME>20210827164814
ACCESSION NUMBER:		0000902664-21-004051
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210825
FILED AS OF DATE:		20210827
DATE AS OF CHANGE:		20210827

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CYRUS CAPITAL PARTNERS, L.P.
		CENTRAL INDEX KEY:			0001166564
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-01054
		FILM NUMBER:		211219745

	BUSINESS ADDRESS:	
		STREET 1:		65 EAST 55 STREET
		STREET 2:		35TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-380-5800

	MAIL ADDRESS:	
		STREET 1:		65 EAST 55 STREET
		STREET 2:		35TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	CYRUS CAPITAL PARTNERS, LP
		DATE OF NAME CHANGE:	20050215

	FORMER NAME:	
		FORMER CONFORMED NAME:	OZF MANAGEMENT L P
		DATE OF NAME CHANGE:	20020205

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CYRUS CAPITAL PARTNERS GP, LLC
		CENTRAL INDEX KEY:			0001166774
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-01054
		FILM NUMBER:		211219743

	BUSINESS ADDRESS:	
		STREET 1:		399 PARK AVENUE, 39TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-380-5800

	MAIL ADDRESS:	
		STREET 1:		399 PARK AVENUE, 39TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	OZF MANAGEMENT LLC
		DATE OF NAME CHANGE:	20020208

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FREIDHEIM STEPHEN C
		CENTRAL INDEX KEY:			0001251783

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-01054
		FILM NUMBER:		211219744

	MAIL ADDRESS:	
		STREET 1:		C/O CYRUS CAPITAL PARTNERS, L.P.
		STREET 2:		399 PARK AVENUE, 39TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

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>ownership.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2021-08-25</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001166564</rptOwnerCik>
            <rptOwnerName>CYRUS CAPITAL PARTNERS, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>65 EAST 55 STREET</rptOwnerStreet1>
            <rptOwnerStreet2>35TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001251783</rptOwnerCik>
            <rptOwnerName>FREIDHEIM STEPHEN C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CYRUS CAPITAL PARTNERS, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>65 EAST 55 STREET 35TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001166774</rptOwnerCik>
            <rptOwnerName>CYRUS CAPITAL PARTNERS GP, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CYRUS CAPITAL PARTNERS, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>65 EAST 55 STREET 35TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, no par value (&quot;Common Stock&quot;)</value>
            </securityTitle>
            <transactionDate>
                <value>2021-08-25</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>399210</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>6.27</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3418976</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The securities reported herein are held directly by: (i) Cyrus Opportunities Master Fund II, Ltd., (ii) CRS Master Fund, L.P., (iii) Crescent 1, L.P., and (iv) Cyrus Select Opportunities Master Fund, Ltd. (collectively, the &quot;Cyrus Funds&quot;). Cyrus Capital Partners LP (&quot;CCP&quot;) serves as the investment manager to the Cyrus Funds. Cyrus Capital Partners GP, L.L.C. (&quot;CCPGP&quot;) serves as the general partner of CCP. Stephen C. Freidheim serves as the principal of both CCP and CCPGP. All discretion over the investment activities of the Cyrus Funds has been delegated to CCP. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, if any.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Cyrus Capital Partners, L.P., By: /s/ Jennifer M. Pulick, Name:Jennifer M. Pulick, Title: Authorized Signatory</signatureName>
        <signatureDate>2021-08-27</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Cyrus Capital Partners GP, L.L.C., By: /s/ Stephen C. Freidheim, Name: Stephen C. Freidheim, Title: Manager</signatureName>
        <signatureDate>2021-08-27</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Stephen C. Freidheim</signatureName>
        <signatureDate>2021-08-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
