Capitala Finance: Portfolio Company Liquidated
At a time when there is very little in breaking BDC news, we delve back into the credit picture, reviewing underperforming companies for the BDC Credit Reporter and for our readers.
Today in our research – we’re updating Capitala Finance’s (CPTA) portfolio list as of IIQ 2020 – we leaned a good deal about one of the BDC’s multiple non accruing borrowers at quarter’s end: BigMouth, Inc.
The update from BDC Credit Reporter sheds some light on what happened to a company that was accruing income normally till the end of 2019 but has now been liquidated.
The story also provides CPTA shareholders with a clear picture as what to expect from this investment going forward.
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