BlackRock Capital Investment (BKCC) - 2023 Q2 - Earnings Call Transcript

Yes. Hi Melissa. So the -- as we mentioned in the past, there are two chief sources of potential recovery on our remaining investment. One of them is a first-loss note held by Gordon Brothers Finance Company, which refers to the portfolio that it sold to Callodine, and the other is a profit participation note also in Callodine that the GBFC hold. This specific $0.5 million payment that we received was related to a payment from the profit participation note. And this note entitles GBFC to a share of the purc ...