Once again, the BDC Reporter summarizes some of the key developments lifted from the BDC Credit Reporter.
A major risks solutions company, to which 5 different BDCS have nearly $100mn of exposure to, has been acquired. We review impact on the BDCs involved.
Here are some of the latest developments amongst under-performing BDC companies since our last report filed April 22, 2019
A large IT company files Chapter 11. Four BDCs are lenders. The BDC Credit Reporter assesses the likely damage. [Includes an update on Great Elm’s position]
BDC Exposure: $137mn
BDC Exposure: $67mn
BDC exposure: $137mn.
Mood Media has completed its Chapter 15 Canadian restructuring and made the move to a U.S. jurisdiction. Financial challenges remain unchanged.
FS Investment might have to change its $78mn in Caesars loans valuations.
Shocking turn of events in the Caesars bankruptcy.
Worried about new Watch List company Mood Media.
Eastman Kodak removed from Watch List.
