 NEW YORK, July 26, 2021 GLOBE NEWSWIRE -- Portman Ridge Finance Corporation NASDAQ: PTMN the Company or Portman Ridge today provided an update on its previously announced share buyback program. Following the recent lifting of the suspension on repurchases under the share buyback program due to its merger transaction with Harvest Capital Credit Corporation HCAP, the Company has been actively repurchasing its shares under the program. To date, the Company has repurchased approximately 1.1 million of its shares since the closing the HCAP merger transaction on June 9. 2021. The Company expects to continue to conduct buybacks under the program throughout the remainder of the year based on market conditions and other factors, subject to legal and contractual restrictions. 