Oxford Square reports results in line with analyst and BDC Reporter expectations, but there are a couple of unexpected items and a few questions that await the filing of the 10-Q for answers.
Oxford Square issues and prices Baby Bond number two. We evaluate the impact for both common stock and debt holders.
Within a few hours of Oxford Square Capital’s IVQ 2018 Conference Call, the BDC Reporter has annotated the text with notes and commentary.
Oxford Square is first up in BDC earnings season and the BDC Reporter has the time to take a close look at the results and the outlook for this higher risk-higher return BDC with a chequered past.
Nine BDCs have reported earnings through the close on August 2, 2018. We’ve got the highlights, the lowlights and an early idea of where the BDC sector is headed.
The BDC sector has a very good week almost across the board, despite few developments as investors jockey for position before earnings season. We discuss at length one factor that could prolong the rally and briefly (teasingly ?) mention another.
A short, but positive week for BDC common stocks. Looking forward to earnings season, the BDC Reporter sees more daylight ahead.