SCP Private Credit Income BDC LLC (the “Company”) is a Delaware limited liability company formed on May 18, 2018. The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (“the 1940 Act”). Furthermore, as the Company is an investment company, it applies the guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946. In addition, for tax purposes, the Company intends to elect to be treated, and intends to qualify annually, as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company was formed primarily to provide investors with attractive long-term returns through investments made pursuant to the investment strategy of the Company described below (the Company’s investments in portfolio companies are referred to herein as “Portfolio Investments”).
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SCP Private Credit Income BDC SPV LLC ...
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
8 May 24
10-K
2023 FY
Annual report
27 Feb 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Entry into a Material Definitive Agreement
26 Oct 23
8-K
Unregistered Sales of Equity Securities
19 Oct 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
10-Q
2023 Q1
Quarterly report
10 May 23
8-K
Departure of Directors or Certain Officers
3 Apr 23
8-K
Unregistered Sales of Equity Securities
10 Mar 23
10-K
2022 FY
Annual report
28 Feb 23
Financial summary
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Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 19.86 mm | 19.86 mm | 19.86 mm | 19.86 mm | 19.86 mm | |
Cash burn (monthly) | 7.47 mm | (no burn) | 244.58 k | (no burn) | (no burn) | |
Cash used (since last report) | 21.24 mm | n/a | 695.66 k | n/a | n/a | |
Cash remaining | -1.38 mm | n/a | 19.17 mm | n/a | n/a | |
Runway (months of cash) | -0.2 | n/a | 78.4 | n/a | n/a |