<SEC-DOCUMENT>0001193125-21-092957.txt : 20210325
<SEC-HEADER>0001193125-21-092957.hdr.sgml : 20210325
<ACCEPTANCE-DATETIME>20210324202553
ACCESSION NUMBER:		0001193125-21-092957
CONFORMED SUBMISSION TYPE:	497AD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210325
DATE AS OF CHANGE:		20210324

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:		21769772

	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>497AD
<SEQUENCE>1
<FILENAME>d123187d497ad.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 482AD </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. Prices Public Offering of $65 Million of 4.875% Notes Due 2026 </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, New York &#150; March&nbsp;24, 2021 &#150;
Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (the &#147;Company&#148;) (NASDAQ: ICMB) announced today that it has priced a registered public offering of $65&nbsp;million&nbsp;in aggregate principal amount of its 4.875% notes due
2026 (the &#147;Notes&#148;), which will result in net proceeds to the Company of approximately $63.1&nbsp;million based on a public offering price of 99.453% of the aggregate principal amount of the Notes, after deducting payment of underwriting
discounts and estimated offering expenses payable by the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Notes will mature on April&nbsp;1, 2026 and may be redeemed in whole or in part at
any time, or from time to time, at the Company&#146;s option at par plus a &#147;make-whole&#148; premium, if applicable. The Notes will bear interest at a rate of 4.875% per year, payable semi-annually on April&nbsp;1 and October&nbsp;1 of each
year, beginning on October&nbsp;1,&nbsp;2021. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The offering is subject to customary closing conditions and is expected to close on March&nbsp;31, 2021.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company intends to use net proceeds from this offering to redeem all of the outstanding 6.125% Notes due 2023 (the &#147;2023 Notes&#148;) and to
fund investments in middle-market companies in accordance with the Company&#146;s investment objective and strategies and for working capital and general corporate purposes. As of March&nbsp;19, 2021, the Company had approximately $51.4&nbsp;million
aggregate principal amount outstanding of the 2023 Notes. The 2023 Notes bear interest at 6.125% per year and have a maturity date of July&nbsp;1,&nbsp;2023. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Raymond James&nbsp;&amp; Associates, Inc. is acting as sole book-running manager for the offering. </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 March&nbsp;24, 2021, and accompanying prospectus, dated April&nbsp;10, 2019, each of which has been filed with the 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
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, for free by visiting the SEC&#146;s website at www.sec.gov or by
contacting Raymond James&nbsp;&amp; Associates, Inc., 880 Carillon Parkway, St. Petersburg, Florida 33716, email: prospectus@raymondjames.com or by
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">calling&nbsp;800-248-8863.</FONT></FONT> </B></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Investcorp Credit Management BDC,
Inc. </B></P> <P STYLE="margin-top:6pt; 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 </P>

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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 $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:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements </B></P> <P STYLE="margin-top:6pt; 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, including the final prospectus supplement that will be filed 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="top">CONTACT:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Investcorp Credit Management BDC, Inc.</TD></TR>
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<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Investor Relations</TD></TR>
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<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Email: icmbinvestorrelations@investcorp.com</TD></TR>
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<TD VALIGN="top">Phone: <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">212-257-5182</FONT></FONT></TD></TR>
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