Harvest Capital Credit Corporation 6.125% Notes due 2022

Harvest Capital Credit Corporation 6.125% Notes due 2022

HCAPZ
Harvest Capital Credit Corporation 6.125% Notes due 2022US flagNASDAQ Global Market
25.15
USD
+0.00
- -
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Asset Management
Address
United States of America
IPO Date
Aug 24, 2017
Business
Harvest Capital Credit Corporation operates as a closed-end management investment company and business development company that elects regulation under the Investment Company Act of 1940; it provides customized financing solutions, including senior secured debt, uni-tranche term loans, junior secured term loans, subordinated debt investments and minority equity investments, primarily to privately held small and mid-sized U.S. companies with annual revenues between $10 million and $100 million and EBITDA between $2 million and $15 million, targeting leveraged buyouts, add-on acquisitions, recapitalizations, growth financings and debt refinancing across North America. The company generates current income and capital appreciation by originating direct investments in highly leveraged lower middle-market businesses that lack access to traditional bank financing; it may also pursue loans to public companies, high-yield bonds, distressed debt and collateralized loan obligations. Founded in 2011 through the conversion of Harvest Capital Credit LLC and headquartered at 450 Park Avenue in New York with additional offices in San Francisco and Alpharetta, Georgia, it was externally managed by HCAP Advisors LLC and administered by JMP Credit Advisors LLC prior to strategic shifts. In December 2020, Harvest Capital Credit entered a definitive merger agreement with Portman Ridge Finance Corporation, which completed on June 9, 2021, resulting in Harvest merging into Portman Ridge as a subsidiary before full consolidation, creating a combined entity with approximately $614 million in assets under Sierra Crest Investment Management and BC Partners Advisors; HCAP common stockholders received cash and Portman Ridge shares, marking its most significant recent restructuring while its 6.125% Notes due 2022 (HCAPZ) continued trading separately on Nasdaq. Post-merger, the legacy Harvest platform supports Portman Ridge's expanded senior secured debt focus amid ongoing industry consolidation, as evidenced by Portman Ridge's July 2025 merger with Logan Ridge Finance.

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