For the last time – given that BDC earnings season launches this week – the BDC Reporter updates its compendium of all BDC developments since the Covid-19 crisis began. Plenty of items to review, but less than we expected.
The BDC Credit Report identifies a new underperforming BDC-financed company, which is financed by venture-debt BDC TriplePoint Venture Growth.
We learn from a TriplePoint Venture Growth disclosure details of its most recent financial performance and how one of its under-performing investments has played out.
The BDC Fixed Income prices moved upward in the week, but there are still a couple of sore spots, which we discuss. Also, a BDC gets an investment grade nod and the BDC Reporter discusses what the rest of the year might look like in pricing terms.