Email us with questions or comments: nmarshi.bdcreporter@gmail.com           α

Quotable: OHA Investment Wraps Up Its Exposure To Energy

BDCs:
Premium Free

“Over the past 12 quarters, we’ve had a write-down approximately $111 million of the original $171 million of investment assets or almost 65% of the fair value. Most of that $111 million of write-downs, $108.2 million of it has come from the 7 legacy energy assets that totaled $127 million of the $171 million of investment assets. Put it another way, we had written off over 85% of the legacy energy assets”.

From the IIIQ 2017 OHA Investment Conference Call

Already a Member? Log In

Register for the BDC Reporter

The BDC Reporter has been writing about the changing Business Development Company landscape for a decade. We’ve become the leading publication on the BDC industry, with several thousand readers every month. We offer a broad range of free articles like this one, brought to you by an industry veteran and professional investor with 30 years of leveraged finance experience. All you have to do is register, so we can learn a little more about you and your interests. Registration will take only a few seconds.

Sign Up