CORRECTING and REPLACING – CM Finance Inc Reports Results for its Fiscal First Quarter Ended September 30, 2018
COMMON FINANCE INC COMMON (CMFN)
Last common finance inc common earnings: 5/7 04:30 pm
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Source: GlobeNewswire
NEW YORK, Nov. 08, 2018 (GLOBE NEWSWIRE) -- In a release issued under the same headline yesterday by CM Finance Inc (NASDAQ: CMFN) please note that in the table titled CM Finance Inc and Subsidiaries, Consolidated Statements of Assets and Liabilities, data has been updated. The corrected release follows: CM Finance Inc (NASDAQ: CMFN) (“CMFN” or “the Company”) announced its financial results for its fiscal first quarter ended September 30, 2018. HIGHLIGHTS CMFN made thirteen new investments in seven portfolio companies during the quarter with a total cost of $53.7mm. The weighted average yield of debt investments made in the quarter was 9.24% Four investments were realized during the quarter, two fully realized and two partially realized, with a weighted average internal rate of return (“IRR”) of 11.76% The weighted average yield on debt investments, at cost, decreased to 10.90%, a decrease of 29 basis points compared to 11.19% as of June 30, 2018Net asset value (“NAV”) per shar
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