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BDC Portfolio Company Extends Forbearance With Lenders

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Yet another development at a troubled BDC-financed company that the BDC Reporter has been writing about for a year now. Given that four BDCS – including three public players – have sizeable exposure, we have chosen to republish an article from the BDC Credit Reporter, and provide a preamble explaining why this is a company worth following the progress of.

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New Mountain Finance: Upping The Ante

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New Mountain Finance is moving quickly to re-make its balance sheet to take advantage of the Small Business Credit Availability Act. The methods adopted and the pending results will be illuminating for all BDC investors.

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