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The Biggest Threat To The BDC Sector: Part II

BDCs:
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Part II of our Big Picture series where we seek to draw out what the biggest threat is to the BDC Sector. In Part I, we began by describing the flood of new capital that has arrived in leveraged lending and is competing with BDCs. In Part II, we wax on about the knock-on effect of this new money, which is eerily reminiscent to a BDC Reporter who's been through a few credit cycles.

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