<p>紐約，2025 年 6 月 20 日（全球新聞稿）——Logan Ridge Finance Corporation（納斯達克：LRFC）（“Logan Ridge” 或 “LRFC”）今天宣佈，經過 2025 年 6 月 20 日舉行的特別股東大會，獲得了股東對 LRFC 與 Portman Ridge Finance Corporation（納斯達克：PTMN）（“Portman Ridge” 或 “PTMN”）合併的批准。</p>
<p>LRFC 的股東以壓倒性多數投票支持該合併提案，約 89.4% 的投票股東支持該提案。值得注意的是，PTMN 於 2025 年 6 月 20 日舉行的特別股東大會已被休會，並將於 2025 年 6 月 27 日重新召開，以便給股東更多時間考慮並投票支持與合併相關的 PTMN 普通股的發行。合併預計將在獲得 PTMN 股東批准和滿足慣常的交割條件後不久完成。</p>
<p>LRFC 和 PTMN 的總裁兼首席執行官、BC Partners 信貸平台負責人 Ted Goldthorpe 表示：“我們感謝股東對與 Portman Ridge 合併的強力支持。他們的信任投票反映了交易的戰略和財務優勢，因為我們相信合併後的公司將受益於更大的規模、增強的多樣化和改善的資本獲取能力，從而為股東創造長期價值。”</p>
<p><strong>關於 Logan Ridge Finance Corporation</strong></p>
<p>LRFC 是一家商業發展公司（“BDC”），主要投資於第一留置權貸款，較少投資於第二留置權貸款和由中小型企業發行的股權證券。LRFC 投資於表現良好、成熟的中型市場企業，這些企業在廣泛的行業中運營。它採用基本的信用分析，目標是投資於相對低週期性和運營風險的企業。欲瞭解更多信息，請訪問 www.loganridgefinance.com。</p>
<p><strong>關於 Portman Ridge Finance Corporation</strong></p>
<p>PTMN 是一家公開交易的、外部管理的投資公司，已選擇根據 1940 年法案被監管為 BDC。PTMN 的中型市場投資業務起源、結構、融資和管理一系列定期貸款、夾層投資和中型市場公司的精選股權證券。PTMN 的投資活動由其投資顧問 Sierra Crest Investment Management LLC（“Sierra Crest”）管理。PTMN 向證券交易委員會（“SEC”）提交的文件、收益發布、新聞稿及其他財務、運營和治理信息可在 Portman Ridge 的網站 www.portmanridge.com 上獲取。</p>
<p><strong>關於前瞻性聲明的警示説明</strong></p>
<p>本通訊中的某些聲明構成前瞻性聲明，因為它們涉及未來事件、未來表現或財務狀況。前瞻性聲明可能包括關於公司的未來運營結果和分配預測；公司的商業前景，以及未來的股票回購/購買活動。此外，諸如 “預期”、“相信”、“期望”、“尋求”、“計劃”、“應該”、“估計”、“項目” 和 “打算” 等詞語表明前瞻性聲明，儘管並非所有前瞻性聲明都包含這些詞語。本通訊中包含的前瞻性聲明涉及風險和不確定性。有關可能影響這些前瞻性聲明的風險和其他潛在因素的更多信息包含在註冊聲明和聯合代理聲明中（在每種情況下，定義如下）。儘管 PTMN 和 LRFC 沒有義務修訂或更新任何前瞻性聲明，無論是由於新信息、未來事件還是其他原因，建議您查閲他們可能直接向您或通過 PTMN 和 LRFC 未來可能向 SEC 提交的報告（包括註冊聲明和聯合代理聲明、10-K 表格年度報告、10-Q 表格季度報告和 8-K 表格當前報告）所做的任何額外披露。</p>
<p><strong>聯繫方式：</strong></p>
<p>Logan Ridge Finance Corporation</p>
<p>650 Madison Avenue, 3rd floor</p>
<p>紐約，NY 10022</p>
<p>Brandon Satoren</p>
<p>首席財務官</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) 已獲得股東批准，與 Portman Ridge Finance Corporation (PTMN) 合併，約 89.4% 的投票股東表示支持。PTMN 的特別會議將於 2025 年 6 月 27 日重新召開，以進一步投票決定與合併相關的普通股發行。此次合併旨在增強規模、多樣化和資本獲取能力，為合併後的公司在長期內創造股東價值。合併預計將在 PTMN 股東批准和滿足慣常條件後完成</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>紐約，2025 年 6 月 20 日（全球新聞稿）——Logan Ridge Finance Corporation（納斯達克：LRFC）（“Logan Ridge” 或 “LRFC”）今天宣佈，經過 2025 年 6 月 20 日舉行的特別股東大會，獲得了股東對 LRFC 與 Portman Ridge Finance Corporation（納斯達克：PTMN）（“Portman Ridge” 或 “PTMN”）合併的批准。</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 的股東以壓倒性多數投票支持該合併提案，約 89.4% 的投票股東支持該提案。值得注意的是，PTMN 於 2025 年 6 月 20 日舉行的特別股東大會已被休會，並將於 2025 年 6 月 27 日重新召開，以便給股東更多時間考慮並投票支持與合併相關的 PTMN 普通股的發行。合併預計將在獲得 PTMN 股東批准和滿足慣常的交割條件後不久完成。</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 的總裁兼首席執行官、BC Partners 信貸平台負責人 Ted Goldthorpe 表示：“我們感謝股東對與 Portman Ridge 合併的強力支持。他們的信任投票反映了交易的戰略和財務優勢，因為我們相信合併後的公司將受益於更大的規模、增強的多樣化和改善的資本獲取能力，從而為股東創造長期價值。”</p>
</div><p><strong>About Logan Ridge Finance Corporation</strong></p>
<div class="lb-trans"><p><strong>關於 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 是一家商業發展公司（“BDC”），主要投資於第一留置權貸款，較少投資於第二留置權貸款和由中小型企業發行的股權證券。LRFC 投資於表現良好、成熟的中型市場企業，這些企業在廣泛的行業中運營。它採用基本的信用分析，目標是投資於相對低週期性和運營風險的企業。欲瞭解更多信息，請訪問 www.loganridgefinance.com。</p>
</div><p><strong>About Portman Ridge Finance Corporation</strong></p>
<div class="lb-trans"><p><strong>關於 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 是一家公開交易的、外部管理的投資公司，已選擇根據 1940 年法案被監管為 BDC。PTMN 的中型市場投資業務起源、結構、融資和管理一系列定期貸款、夾層投資和中型市場公司的精選股權證券。PTMN 的投資活動由其投資顧問 Sierra Crest Investment Management LLC（“Sierra Crest”）管理。PTMN 向證券交易委員會（“SEC”）提交的文件、收益發布、新聞稿及其他財務、運營和治理信息可在 Portman Ridge 的網站 www.portmanridge.com 上獲取。</p>
</div><p><strong>Cautionary Statement Regarding Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>關於前瞻性聲明的警示説明</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>本通訊中的某些聲明構成前瞻性聲明，因為它們涉及未來事件、未來表現或財務狀況。前瞻性聲明可能包括關於公司的未來運營結果和分配預測；公司的商業前景，以及未來的股票回購/購買活動。此外，諸如 “預期”、“相信”、“期望”、“尋求”、“計劃”、“應該”、“估計”、“項目” 和 “打算” 等詞語表明前瞻性聲明，儘管並非所有前瞻性聲明都包含這些詞語。本通訊中包含的前瞻性聲明涉及風險和不確定性。有關可能影響這些前瞻性聲明的風險和其他潛在因素的更多信息包含在註冊聲明和聯合代理聲明中（在每種情況下，定義如下）。儘管 PTMN 和 LRFC 沒有義務修訂或更新任何前瞻性聲明，無論是由於新信息、未來事件還是其他原因，建議您查閲他們可能直接向您或通過 PTMN 和 LRFC 未來可能向 SEC 提交的報告（包括註冊聲明和聯合代理聲明、10-K 表格年度報告、10-Q 表格季度報告和 8-K 表格當前報告）所做的任何額外披露。</p>
</div><p><strong>Contacts:</strong></p>
<div class="lb-trans"><p><strong>聯繫方式：</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>紐約，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>首席財務官</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 宣佈股東已批准與 Portman Ridge Finance Corporation 的合併 | LRFC 股票新聞