EX-99.1 2 d20949dex991.htm EX-99.1 EX-99.1

Exhibit 99.1 Investment Dashboard Summary (Quarter-Ended December 31, 2025) (1) Overview Top Holdings ($000) Investment Amortized FMV / FMV / (2) Top Holdings Principal FMV (2) Type Cost Principal Cost Ø Investcorp Credit Management BDC, Inc.’s portfolio spans across 37 Bioplan Debt + Equity $6,865 $8,126 $11,413 166% 140% individual portfolio company investments, 18 GICS Level 3 industries, WorkGenius Debt + Equity 11,479 12,618 10,837 94% 86% and 67 positions across both debt and equity investments with a total Klein Hersh Debt 13,708 7,936 10,055 73% 127% Fair Market Value (FMV) of $172.7 million Xenon Arc Debt 8,670 8,670 8,518 98% 98% ArborWorks Debt + Equity 3,502 7,845 8,154 233% 104% Ø Approximately 81% of the portfolio is comprised of Senior Secured Crafty Apes Debt + Equity 2,221 7,109 8,051 362% 113% Debt, providing priority in the capital structure Argano Debt 7,304 7,188 7,286 100% 101% LaserAway Debt 7,084 7,047 7,049 100% 100% Ø The weighted-average coupon (including PIK and Base Rate where Discovery Behavioral Health Equity 4,000 4,000 7,000 175% 175% applicable) of the debt portfolio is 9.1% (~20% of FMV has a PIK Integrity Debt 6,948 6,930 6,948 100% 100% component) with a weighted-average net leverage of 5.2x and interest Top 10 Holdings $71,781 $77,469 $85,310 119% 110% coverage ratio of 2.2x All Others Debt + Equity 77,212 112,982 87,349 113% 77% Total Holdings $148,993 $190,451 $172,659 116% 91% Ø Approximately 90% of portfolio FMV has Risk Ratings of '2' or '3' (1) Top 10 Holdings sorted by FMV; Equity investments may include Preferred Equity. (2) For Common Equity investments, there is no Principal concept, which should bridge most of the value differences between the Amortized Cost and Principal columns. (3) (3) Summary Statistics ($mm) Risk Rating and Industry Split % Senior Secured Debt 80.8% % Senior Secured 1L 80.8% (4) · x 37 Companies 18 Industries Position % Senior Secured 2L 0.0% Type 1 % Mezzanine 0.0% 5 2% 0% % Equity / Equity-Like 19.2% Cash Coupon (Incl. Base Rate) 7.9% Margin (Cash + PIK + Base Rate) 9.1% Professional Weighted-Average Net Leverage 5.2x 4 Services 8% Portfolio LTV 46.3% 14% Interest Coverage 2.2x Metrics (Debt Only) IT Services Maturity (yrs) 2.7 3 9% All Others 25% EBITDA ($mm) $192.0 43% Median EBITDA ($mm) $53.7 Insurance 9% % Sponsor Deals 70.2% 2 Other Portfolio % Covenanted Deals 66.1% 65% % PIK Positions 20.2% Metrics % Non-Accrual 6.9% Weighted-Average Fair Market Value $5.5 Diversified Trading Consumer Companies & (3) Based on the total Fair Market Value (FMV) of the portfolio except for cash margin, which is based only on Debt FMV; 3M SOFR estimate of 3.65% was utilized. Services Distributors (4) Figures may not tie to 10K due to rounding. 9% Commercial Services & Supplies 8% 8% Source: Company data. Note: Data as of 12/31/25. Principal and Cost amounts are subject to change. Net Leverage and LTV are calculated through the tranche where the investment was made. Risk Ratings definitions include: Rating 1: Investments that are performing above expectations and whose risks remain favorable compared to the expected risk at the time of the original investment. Rating 2: Investments that are performing within expectations and whose risks remain neutral compared to the expected risk at the time of the original investment. Generally, all new loans are initially rated ‘2’. Rating 3: Investments that are performing below expectations and that require closer monitoring but where no loss of return or principal is expected. Portfolio companies with a rating of ‘3’ may be out of compliance with their financial covenants. Rating 4: Investments that are performing substantially below expectations and whose risks have increased substantially since the original investment. These investments are often in workout. Investments with a rating of ‘4’ will be those for which some loss of return but no loss of principal is expected. Rating 5: Investments that are performing substantially below expectations and whose risks have increased substantially since the original investment. These investments are almost always in workout. Investments with a rating of ‘5’ will be those for which some loss of return and principal is expected.