<p>纽约，2025 年 6 月 20 日（全球新闻稿）——Logan Ridge Finance Corporation（纳斯达克：LRFC）（“Logan Ridge” 或 “LRFC”）今天宣布，经过 2025 年 6 月 20 日举行的特别股东大会，获得了股东对 LRFC 与 Portman Ridge Finance Corporation（纳斯达克：PTMN）（“Portman Ridge” 或 “PTMN”）合并的批准。</p>
<p>LRFC 的股东以压倒性多数投票支持该合并提案，约 89.4% 的投票股东支持该提案。值得注意的是，PTMN 于 2025 年 6 月 20 日举行的特别股东大会已被休会，并将于 2025 年 6 月 27 日重新召开，以便给股东更多时间考虑并投票支持与合并相关的 PTMN 普通股的发行。合并预计将在获得 PTMN 股东批准和满足惯常的交割条件后不久完成。</p>
<p>LRFC 和 PTMN 的总裁兼首席执行官、BC Partners 信贷平台负责人 Ted Goldthorpe 表示：“我们感谢股东对与 Portman Ridge 合并的强力支持。他们的信任投票反映了交易的战略和财务优势，因为我们相信合并后的公司将受益于更大的规模、增强的多样化和改善的资本获取能力，从而为股东创造长期价值。”</p>
<p><strong>关于 Logan Ridge Finance Corporation</strong></p>
<p>LRFC 是一家商业发展公司（“BDC”），主要投资于第一留置权贷款，较少投资于第二留置权贷款和由中小型企业发行的股权证券。LRFC 投资于表现良好、成熟的中型市场企业，这些企业在广泛的行业中运营。它采用基本的信用分析，目标是投资于相对低周期性和运营风险的企业。欲了解更多信息，请访问 www.loganridgefinance.com。</p>
<p><strong>关于 Portman Ridge Finance Corporation</strong></p>
<p>PTMN 是一家公开交易的、外部管理的投资公司，已选择根据 1940 年法案被监管为 BDC。PTMN 的中型市场投资业务起源、结构、融资和管理一系列定期贷款、夹层投资和中型市场公司的精选股权证券。PTMN 的投资活动由其投资顾问 Sierra Crest Investment Management LLC（“Sierra Crest”）管理。PTMN 向证券交易委员会（“SEC”）提交的文件、收益发布、新闻稿及其他财务、运营和治理信息可在 Portman Ridge 的网站 www.portmanridge.com 上获取。</p>
<p><strong>关于前瞻性声明的警示说明</strong></p>
<p>本通讯中的某些声明构成前瞻性声明，因为它们涉及未来事件、未来表现或财务状况。前瞻性声明可能包括关于公司的未来运营结果和分配预测；公司的商业前景，以及未来的股票回购/购买活动。此外，诸如 “预期”、“相信”、“期望”、“寻求”、“计划”、“应该”、“估计”、“项目” 和 “打算” 等词语表明前瞻性声明，尽管并非所有前瞻性声明都包含这些词语。本通讯中包含的前瞻性声明涉及风险和不确定性。有关可能影响这些前瞻性声明的风险和其他潜在因素的更多信息包含在注册声明和联合代理声明中（在每种情况下，定义如下）。尽管 PTMN 和 LRFC 没有义务修订或更新任何前瞻性声明，无论是由于新信息、未来事件还是其他原因，建议您查阅他们可能直接向您或通过 PTMN 和 LRFC 未来可能向 SEC 提交的报告（包括注册声明和联合代理声明、10-K 表格年度报告、10-Q 表格季度报告和 8-K 表格当前报告）所做的任何额外披露。</p>
<p><strong>联系方式：</strong></p>
<p>Logan Ridge Finance Corporation</p>
<p>650 Madison Avenue, 3rd floor</p>
<p>纽约，NY 10022</p>
<p>Brandon Satoren</p>
<p>首席财务官</p>
<p>Brandon.Satoren@bcpartners.com</p>
<p>(212) 891-2880</p>
<p>The Equity Group Inc.</p>
<p>Lena Cati</p>
<p>lcati@equityny.com</p>
<p>(212) 836-9611</p>
<p>Val Ferraro</p>
<p>vferraro@equityny.com</p>
<p>(212) 836-9633</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RRM01qRTROU00zTURBeE5UUTFJekl5TVRFeE56Yz0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RRM01qRTROU00zTURBeE5UUTFJekl5TVRFeE56Yz0"/></p>
<p><img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/YzhhNTE3NjUtNTAxNi00MWY4LTg0MDYtNDEzYWRiYmJlNWJhLTEyMjI3MzAtMjAyNS0wNi0yMC1lbg==/tiny/Logan-Ridge-Finance-Corporatio.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/YzhhNTE3NjUtNTAxNi00MWY4LTg0MDYtNDEzYWRiYmJlNWJhLTEyMjI3MzAtMjAyNS0wNi0yMC1lbg==/tiny/Logan-Ridge-Finance-Corporatio.png"/></p>

LRFC

PTMN

BCIC

<p>Logan Ridge Finance Corporation (LRFC) 已获得股东批准，与 Portman Ridge Finance Corporation (PTMN) 合并，约 89.4% 的投票股东表示支持。PTMN 的特别会议将于 2025 年 6 月 27 日重新召开，以进一步投票决定与合并相关的普通股发行。此次合并旨在增强规模、多样化和资本获取能力，为合并后的公司在长期内创造股东价值。合并预计将在 PTMN 股东批准和满足惯常条件后完成</p>

<p>NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) announced today that it obtained shareholder approval for the merger of LRFC with and into Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) following the special meeting of shareholders held on June 20, 2025.</p>
<div class="lb-trans"><p>纽约，2025 年 6 月 20 日（全球新闻稿）——Logan Ridge Finance Corporation（纳斯达克：LRFC）（“Logan Ridge” 或 “LRFC”）今天宣布，经过 2025 年 6 月 20 日举行的特别股东大会，获得了股东对 LRFC 与 Portman Ridge Finance Corporation（纳斯达克：PTMN）（“Portman Ridge” 或 “PTMN”）合并的批准。</p>
</div><p>LRFC shareholders voted overwhelmingly in favor of the proposed merger, with approximately 89.4% of voting shareholders supporting the proposal. Of note, PTMN’s June 20, 2025, special meeting of shareholders was adjourned and will reconvene on June 27, 2025, to allow additional time for shareholders to consider and vote on the proposed issuance of PTMN common stock in connection with the merger. Subject to PTMN shareholder approval and the satisfaction of customary closing conditions, the merger is expected to close shortly after approval is obtained.</p>
<div class="lb-trans"><p>LRFC 的股东以压倒性多数投票支持该合并提案，约 89.4% 的投票股东支持该提案。值得注意的是，PTMN 于 2025 年 6 月 20 日举行的特别股东大会已被休会，并将于 2025 年 6 月 27 日重新召开，以便给股东更多时间考虑并投票支持与合并相关的 PTMN 普通股的发行。合并预计将在获得 PTMN 股东批准和满足惯常的交割条件后不久完成。</p>
</div><p>Ted Goldthorpe, President and Chief Executive Officer of LRFC and PTMN and Head of the BC Partners Credit Platform, stated, “We’re grateful to our shareholders for their strong support of this merger with Portman Ridge. Their vote of confidence reflects the strategic and financial merits of the transaction, as we believe the combined company will benefit from greater scale, enhanced diversification, and improved access to capital, positioning it well to generate long-term value for shareholders.”</p>
<div class="lb-trans"><p>LRFC 和 PTMN 的总裁兼首席执行官、BC Partners 信贷平台负责人 Ted Goldthorpe 表示：“我们感谢股东对与 Portman Ridge 合并的强力支持。他们的信任投票反映了交易的战略和财务优势，因为我们相信合并后的公司将受益于更大的规模、增强的多样化和改善的资本获取能力，从而为股东创造长期价值。”</p>
</div><p><strong>About Logan Ridge Finance Corporation</strong></p>
<div class="lb-trans"><p><strong>关于 Logan Ridge Finance Corporation</strong></p>
</div><p>LRFC is a business development company (a “BDC”) that invests primarily in first lien loans and, to a lesser extent, second lien loans and equity securities issued by lower middle-market companies. LRFC invests in performing, well-established middle-market businesses that operate across a wide range of industries. It employs fundamental credit analysis, targeting investments in businesses with relatively low levels of cyclicality and operating risk. For more information, visit www.loganridgefinance.com.</p>
<div class="lb-trans"><p>LRFC 是一家商业发展公司（“BDC”），主要投资于第一留置权贷款，较少投资于第二留置权贷款和由中小型企业发行的股权证券。LRFC 投资于表现良好、成熟的中型市场企业，这些企业在广泛的行业中运营。它采用基本的信用分析，目标是投资于相对低周期性和运营风险的企业。欲了解更多信息，请访问 www.loganridgefinance.com。</p>
</div><p><strong>About Portman Ridge Finance Corporation</strong></p>
<div class="lb-trans"><p><strong>关于 Portman Ridge Finance Corporation</strong></p>
</div><p>PTMN is a publicly traded, externally managed investment company that has elected to be regulated as a BDC under the 1940 Act. PTMN’s middle market investment business originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected equity securities in middle market companies. PTMN’s investment activities are managed by its investment adviser, Sierra Crest Investment Management LLC (“Sierra Crest”). PTMN’s filings with the Securities and Exchange Commission (the “SEC”), earnings releases, press releases and other financial, operational and governance information are available on Portman Ridge’s website at www.portmanridge.com.</p>
<div class="lb-trans"><p>PTMN 是一家公开交易的、外部管理的投资公司，已选择根据 1940 年法案被监管为 BDC。PTMN 的中型市场投资业务起源、结构、融资和管理一系列定期贷款、夹层投资和中型市场公司的精选股权证券。PTMN 的投资活动由其投资顾问 Sierra Crest Investment Management LLC（“Sierra Crest”）管理。PTMN 向证券交易委员会（“SEC”）提交的文件、收益发布、新闻稿及其他财务、运营和治理信息可在 Portman Ridge 的网站 www.portmanridge.com 上获取。</p>
</div><p><strong>Cautionary Statement Regarding Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>关于前瞻性声明的警示说明</strong></p>
</div><p>Some of the statements in this communication constitute forward-looking statements because they relate to future events, future performance or financial condition. The forward-looking statements may include statements as to future operating results and distribution projections of the Company; business prospects of the Company, and future share repurchase/purchase activity. In addition, words such as “anticipate,” “believe,” “expect,” “seek,” “plan,” “should,” “estimate,” “project” and “intend” indicate forward-looking statements, although not all forward-looking statements include these words. The forward-looking statements contained in this communication involve risks and uncertainties. More information on the risks and other potential factors that could affect these forward-looking statements is included in Registration Statement and Joint Proxy Statement (in each case, as defined below). Although PTMN and LRFC undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise, you are advised to consult any additional disclosures that they may make directly to you or through reports that PTMN and LRFC in the future may file with the SEC, including the Registration Statement and Joint Proxy Statement, annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.</p>
<div class="lb-trans"><p>本通讯中的某些声明构成前瞻性声明，因为它们涉及未来事件、未来表现或财务状况。前瞻性声明可能包括关于公司的未来运营结果和分配预测；公司的商业前景，以及未来的股票回购/购买活动。此外，诸如 “预期”、“相信”、“期望”、“寻求”、“计划”、“应该”、“估计”、“项目” 和 “打算” 等词语表明前瞻性声明，尽管并非所有前瞻性声明都包含这些词语。本通讯中包含的前瞻性声明涉及风险和不确定性。有关可能影响这些前瞻性声明的风险和其他潜在因素的更多信息包含在注册声明和联合代理声明中（在每种情况下，定义如下）。尽管 PTMN 和 LRFC 没有义务修订或更新任何前瞻性声明，无论是由于新信息、未来事件还是其他原因，建议您查阅他们可能直接向您或通过 PTMN 和 LRFC 未来可能向 SEC 提交的报告（包括注册声明和联合代理声明、10-K 表格年度报告、10-Q 表格季度报告和 8-K 表格当前报告）所做的任何额外披露。</p>
</div><p><strong>Contacts:</strong></p>
<div class="lb-trans"><p><strong>联系方式：</strong></p>
</div><p>Logan Ridge Finance Corporation</p>
<div class="lb-trans"><p>Logan Ridge Finance Corporation</p>
</div><p>650 Madison Avenue, 3rd floor</p>
<div class="lb-trans"><p>650 Madison Avenue, 3rd floor</p>
</div><p>New York, NY 10022</p>
<div class="lb-trans"><p>纽约，NY 10022</p>
</div><p>Brandon Satoren</p>
<div class="lb-trans"><p>Brandon Satoren</p>
</div><p>Chief Financial Officer</p>
<div class="lb-trans"><p>首席财务官</p>
</div><p>Brandon.Satoren@bcpartners.com</p>
<div class="lb-trans"><p>Brandon.Satoren@bcpartners.com</p>
</div><p>(212) 891-2880</p>
<div class="lb-trans"><p>(212) 891-2880</p>
</div><p>The Equity Group Inc.</p>
<div class="lb-trans"><p>The Equity Group Inc.</p>
</div><p>Lena Cati</p>
<div class="lb-trans"><p>Lena Cati</p>
</div><p>lcati@equityny.com</p>
<div class="lb-trans"><p>lcati@equityny.com</p>
</div><p>(212) 836-9611</p>
<div class="lb-trans"><p>(212) 836-9611</p>
</div><p>Val Ferraro</p>
<div class="lb-trans"><p>Val Ferraro</p>
</div><p>vferraro@equityny.com</p>
<div class="lb-trans"><p>vferraro@equityny.com</p>
</div><p>(212) 836-9633</p>
<div class="lb-trans"><p>(212) 836-9633</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RRM01qRTROU00zTURBeE5UUTFJekl5TVRFeE56Yz0" alt="" original-src="https://www.globenewswire.com/newsroom/ti?nf=OTQ3MjE4NSM3MDAxNTQ1IzIyMTExNzc="/></p>
<p><img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/YzhhNTE3NjUtNTAxNi00MWY4LTg0MDYtNDEzYWRiYmJlNWJhLTEyMjI3MzAtMjAyNS0wNi0yMC1lbg==/tiny/Logan-Ridge-Finance-Corporatio.png" alt="" original-src="https://ml.globenewswire.com/media/YzhhNTE3NjUtNTAxNi00MWY4LTg0MDYtNDEzYWRiYmJlNWJhLTEyMjI3MzAtMjAyNS0wNi0yMC1lbg==/tiny/Logan-Ridge-Finance-Corporatio.png"/></p>

Logan Ridge Finance Corporation 宣布股东已批准与 Portman Ridge Finance Corporation 的合并 | LRFC 股票新闻