In the first of a two part series theBDC Reporter has an in-depth look at the investment portfolio of Barings BDC, with a focus on underperforming companies.
Inflation is here and the markets flinched. So did the BDC sector, but not much. Otherwise, there were plenty of BDC developments to cover.
All the indices pull back from record highs, including the BDC sector. Earnings and dividends continue to be announced, causing one BDC to disappoint investors but most are performing as expected.
The broader indices – and the BDC sector – turned positive on Wednesday. We review the highlights. Also discussed: an analyst call on a popular BDC and at a small player insiders register their shares for a potential public sale.
The BDC Reporter annotates Baring BDC’s discussion of its acquisition of Sierra Income. This is one of the biggest BDC-related transactions of 2021 and involves multiple moving parts.
The main indices had a hard time rebounding from Monday’s big down day, but not so the BDC sector. Also, a popular mid-sized BDC reports on two significant realized gains and – in breaking news – one public BDC is set to acquire a private player.
BDC sector prices – and almost every stock – dropped with all the major indices on Tuesday. Otherwise, a popular BDC announced several new investments and the leading BDC received a shareholder nod.
BDC common stocks were in rebound mode this week, leaving the sector very close to its 2021 highest heights.
The BDC Reporter annotates Barings BDC’s IQ 2021 conference call in a quarter where the BDC reached a much awaited ROE target for the first time.
Barings BDC closes out IVQ 2020 BDC earnings season.
Barings BDC has previewed IVQ 2020 results. Besides an increased distribution, there’s a whole lot going on in the BDC’s press release which the BDC Reporter has annotated.
As expected, Barings BDC does not intend to hold onto MVC Capital’s only Baby Bond (MVCD) once MVC Capital has been acquired. We learn what Barings has in mind for MVCD, which includes a little surprise.
The BDC Reporter annotates Barings BDC’s IIIQ 2020 conference call transcript, but only where credit issues are concerned. Second in a series.
Barings BDC had a favorable IIIQ 2020, credit losses notwithstanding. The BDC is undergoing numerous changes, which we discuss.
A portfolio company of Barings BDC files – not unexpectedly – for Chapter 11. The BDC Reporter weighs the impact on the BDC.
