We annotate Apollo Invèstment’s first quarter 2019 Conference Call transcript, with a multitude of comments.
Here are some of the latest developments amongst under-performing BDC companies since our last report filed April 22, 2019
Highlights from the last two days of BDC portfolio company news, and the possible impact on the multiple BDCs involved.
The BDC Reporter looks into Apollo Investment’s IVQ 2018 realized losses.
Apollo Investment ramps up the size of its Revolver to take full advantage of the Small Business Credit Availability Act. Higher profits ahead or will legacy issues block the way ?
The BDC Reporter discusses highlights from Apollo Investment’s latest reporting.
A market melt-down is bringing more BDC stocks to 52 week lows. We name names and – on the fly – discuss risk and opportunity in a fast changing price environment.
Two BDCs hit new 52 week lows. We address what investors might be worrying about where Apollo Investment is concerned just days before earnings are released.
S&P downgrades two BDCs and gets kicked to the curb. We revisit the changing risk profile of the BDC sector through the prism of yet another fund that has adopted the new higher leverage rules. Worrying but important reading.
BDC Fixed Income prices perk up…a little, as bond markets are roiled. Otherwise, not much happening as BDC issuers wait on the markets.
The BDC Common stock rally hangs in there for another week. The BDC Reporter – in a thoughtful mood – looks backwards and forwards at both stock prices and credit risk.
BDC Fixed Income prices drop along with about everything else as rates rise. However, we look beyond to the changes being wrought by BDC enthusiasm for the Small Business Credit Availability Act. This could go any number of ways.
Thank goodness for the BDC Reporter’s reputation as a sector psychic, the BDC rally rolled on. There’s room to run and reasons that could happen.
Apollo Investment has made major – and overdue changes – to its compensation arrangements, announced along with FY 2018 earnings. However, we continue to stay away from the stock for 5 reasons given.
National Securities projects two well known BDCs might cut their fees. The BDC Reporter builds on that speculation with one of its own about the BDC Sector as a whole.
