The BDC common stock rally edges forward in a quiet week for the sector. What BDC shareholders decide in the weeks ahead may change the momentum.
As forewarned earlier in the week, BDC common stocks are in rally mode, and may go higher. The BDC Reporter, though, looks a little further out…
This was a Nothing Week for BDC common stocks, but that’s likely to change shortly. The Fixed Income Sector is dealing with multiple negative dynamics, but briefly increased in size during the week.
Why is a leading BDCl issuing new debt ? Which BDC is booking big fees now and later ? Who is a busy bee in venture lending and is that good ? Which BDC is about to gain a sibling and is that good or bad ? So much going in the BDC Sector…
CM Finance is trading way below book but has just received a green light to raise more capital from its shareholders, not all of whom have the same interests. A very intriguing Christmas Story.
As investors are otherwise engaged at year end, the most important BDC News is that common stock prices are behaving in unexpected ways. First signs of another sector step-down or a seasonal phenomenon ?
CM Finance posted pretty good results and is optimistic about its outlook. The BDC Reporter is not.