A BDC winning streak comes to an end this week, but the market remains buoyant nine months into the year. Little in the way of major developments to report, but credit continues to be a source of concern “maybe not today, maybe not tomorrow, but soon”.
Second quarter 2019 BDC quarterly results summarized for Carlyle’s TCG BDC. Second in a new series and part of a new Earnings Table soon to be added to our Subscriber Tools as soon as the season of reporting comes to a close.
The BDC Reporter continues its series on the status of BDC adoption of the SBCAA and the impact on risk and return. We look at Carlyle’s TCG BDC.
Highlights from the last two days of BDC portfolio company news, and the possible impact on the multiple BDCs involved.
TCG BDC reaches a new record low price. We review the possible reasons for the long slide; take a closer look at credit and – gingerly – suggest a course of (in) action.
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.
A very quiet week for BDC Fixed Income prices but two BDCs surprise with debt buybacks. In the future, though, the BDC Reporter expects much more issuance and redemption activity.
Every BDC has a unique take on the new Small Business Credit Availability Act. We have an in-depth look at what Carlyle Group’s TCG BDC approach looks like.
A Wild Week for both the markets and the BDC Sector. Maybe we reached a turning point in BDC history with the new looser leverage rules. Many asset managers think so and some analysts but the BDC Reporter has doubts.
Another Week To Forget for BDC common stocks, but is worse to come ? We continue to place the market meltdown in context.
The new year begins modestly for BDC common stocks, but there are winners and losers worth mentioning. Fixed Income issues are stable – as always – but face an existential dilemma.
