The BDC Daily News provides all the details of PennantPark’s Baby Bond refinancing, and follows up with a wide ranging discussion of cost savings, compensation and risk. We cover a great deal of ground and place this transaction in a bigger BDC context eight years into the never-ending economic expansion.
In BDC News Of The Day, Medallion Financial’s CEO buys a small Baby Bond position position, as revealed in a Form 4 filing. Both the debt and the common stock jump up in price.
The BDC Reporter takes a break from posting the BDC Daily News and takes a Big Picture look at the increasing popularity of leveraged lending with investors in Part I of a two part series.
Newtek Business Services gets a rating change. The stock price drops.
The BDC Reporter had an opportunity to speak with Great Elm Corporation’s management about some unresolved issues from the latest Conference Call. Here is the update.
BDC News Of the Day: The two Solar BDCs announce the results of their annual shareholder votes.
In BDC News Of The Day, we report on American Capital Senior Floating’s just announced shareholder vote on its new Advisory Agreement with Ares Capital, the name of the BDC notwithstanding.
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