Corporate Capital Trust merges into FS Investment which becomes FSK. We review the challenges shareholders face with a new balance sheet following a two year decline. Turnaround ahead or an endless slog forwards ?
The FS Investment-Corporate Capital Trust merger has gone through as expected. Looking forward, we review the biggest challenge facing the newly enlarged and renamed BDC.
A mixed week in the BDC sector but the trend is still to the upside. The BDC Reporter also discusses the monumental changes underway amongst the bigger BDCs and what that might mean for the future.
In an expected but still major development, Corporate Capital Trust merges into FS Investment and the second largest public BDC is about to be born. We discuss the terms, the uncertainties and the investing opportunity involved.
Mixed messages about the short term direction of the BDC Sector. The BDC Reporter, though, quantifies how drastically the shape of the sector will change in the next 2 years and which could yet cause BDC prices to shift.
The newest public BDC is a lender to the latest retailer bankruptcy.
The BDC Sector moved up, then down and remained in the same place where it’s been for weeks. Trends are underway – both inside and outside the sector – that could change all that.
BDC Exposure: $18mn
BDC Credit Reporter discusses which of 2 BDCs with debt to Company may be at greatest risk.
August 18, 2016: FSIC,FSIC II,FSIC III, VII Peaks Co-Optivist BDC II, Corporate Capital Trust.