We can now report how many companies in the Ares Capital portfolio are on non-accrual. When added to the data already purloined from the BDC’s latest 10-Q, the credit picture is very clear.
There was one bankruptcy this week and two BDCs reported their latest portfolio valuations. We learned a great deal , and updated the BDC Credit Table with the latest data.
Ares Capital has just completed an expensive unsecured note offering. The BDC Reporter dares to ask why now?
The new week begins with the Chapter 11 bankruptcy of a Ares Capital portfolio company and may cause a record loss for 2023-to-date.
Re-published from the BDC Credit Reporter is a IQ 2023 credit review for the largest BDC out there – Ares Capital. The data and commentary are almost completely drawn from the BDC itself and is part of a series Credit Reporter is undertaking.
There were no new bankruptcies of public BDC-financed companies this week, but there were two new non-accruals and a well-known business reaching the brink of failure. We also had a first look at Ares Capital’s IQ 2023 credit results.
Did Ares Capital hit its mark when reporting IQ 2023 results or fall somewhat short? The BDC Reporter takes a look at the entire picture and comes away with a clear-cut conclusion.
We analyze Ares Capital’s latest secondary stock offering now that the new stock has been priced. We also doff our hat to the BDC and explain why.
Based on a credit survey of Ares Capital by the BDC Credit Reporter, we analyze how the largest BDC is performing in terms of portfolio performance.
Ares Capital returns to the equity markets for yet another secondary. We review the numbers and the implications.
Ares Capital has held its IIIQ 2022 conference call. The BDC Reporter found much to say about the transcript of the meeting.
We annotate Ares Capital’s IIQ 2022 earnings conference call with analysis and commentary.
After hours on Thursday, Ares Capital announces its intention to raise additional equity capital. The BDC Reporter evaluates the new initiative on the fly and before the pricing is even set.
We preview what to expect from Ares Capital when the leading BDC reports IIQ 2022 results on July 26.
To accompany the BDC Credit Table, the BDC Reporter is adding analysis and commentary about each BDC’s latest credit picture as quarterly results come in. We start with Ares Capital and Oxford Square.
