Crescent Capital BDC reports Q2 EPS 59c, consensus 58c

Reports Q2 NAV per share $20.30. The company said, “As of June 30, 2024, the Company had $36.1 million in cash and cash equivalents and restricted cash and $293.8 million of undrawn capacity on its credit facilities, subject to borrowing base and other limitations. The weighted average cost of debt on the Company’s debt outstanding as of June 30, 2024 was 7.26%. The Company’s debt to equity ratio was 1.18x as of June 30, 2024.”