On day two of BDC earnings season, the market leader offered up the biggest headlines. However, there was also some smaller BDC stories worth noting.
BDC prices slumped slightly on the day. BDC earnings season began with one disappointing result and one as expected. Also, we were surprised by a very inexpensive unsecured debt offering by a well regarded BDC.
Over the past two days BDC sector prices have dropped, but not very far. Also one BDC has reported earnings and two others provided previews of second quarter activity.
The BDC sector reaches mid-year 2021 in good shape where prices are concerned. We discuss the latest data to provide context. Plus, we discuss the divvying up of a new portfolio investment by a venture-debt BDC.
For a third day in a row, BDC stock prices dropped. Time to worry or just noise ? We discuss, as well as point out a potential capital offering that might be headed this way by a venture-debt BDC.
BDC sector prices went nowhere, and volatility was low on Wednesday. However, the BDC Reporter found several news and credit stories to write about you probably won’t find covered anywhere else.
The BDC Reporter annotates its own preview of Horizon Technology’s IQ 2021 earnings now that the results are in.
BDC earnings season begins with strong results from three very different BDCs as the sector remains at new price highs. We also share two important credit developments that affect multiple BDCs, drawn from the BDC Credit Reporter.
The BDC fixed income sector brought all sorts of records this week with more likely to follow in the months ahead.