Great Elm Capital – with a new-ish management and strategy – has just announced an increase in its dividend. Is the BDC on the right track after years of struggle?
We review IIIQ 2024 performance reviews for 5 of the 9 BDCs that reported in this first week of earnings season. The rest will be reviewed shortly.
Great Elm Capital has successfully issued yet another Baby Bond. We analyze the new issue and its impact on the BDC’s balance sheet and briefly review the health of the sector’s Baby Bond market.
A portfolio company of Great Elm Capital gets reviewed by a ratings group. We discuss the implications for the BDC.
Steel manufacturer in Chapter 11 restructures. BDC Exposure: $15.1mn.
