BDC Fixed Income prices do nothing very surprising on the week. However, the BDC Reporter is startled by Prospect Capital’s newest Baby Bond offering and its implications for the BDC debt market more generally.
BDC Fixed Income prices are modestly higher. More importantly, the landscape for unsecured BDC debt changes before our very eyes.
BDC Fixed Income prices did not move much on the week, but the outlook for the entire sector for years to come shifted dramatically.
A watershed week for the BDC Sector, but not for the usual reasons.
BDC Fixed Income prices are going nowhere but are the number of issues in the segment poised to boom ? We give two reasons why that might be the case.
BDC Fixed Income dips in a week with monumental rules changes. We take a look and speculate about what the future might hold.
Hercules Capital suggests higher interest rates means higher earnings and has an illustrating chart. Not so fast, we say.
Another Week To Forget for BDC common stocks, but is worse to come ? We continue to place the market meltdown in context.
Risk free rates are way up but BDC Fixed Income debt is only modestly impacted, but there are a few exceptions. We discuss this week’s moves and the outlook.
The BDC Fixed Income segment is battered and bruised – but still standing. We discuss the phenomenon and answer the question: For how much longer ?