We take a long, hard look at Crescent Capital’s credit performance, both looking at current and long-term results. We were a little surprised by our own conclusion.
Working hand in hand with the BDC Credit Reporter, we bring news of an improving trend at a troubled portfolio company of Crescent Capital.
With BDC earnings season winding down, the BDC Reporter is circling back to review the overall performance of Crescent Capital, which has received our top rating.
Bain Capital Specialty Finance books a major – although not unexpected – realized loss in the IIIQ 2023. We discuss the impact and which other BDCs are involved in this notable credit setback.
Combining the resources of the BDC Reporter, Credit Reporter and Best Ideas we provide our outlook for Crescent Capital BDC for years to come.
We re-publish a BDC Credit Reporter article about one of First Eagle Alternative Capital’s troubled portfolio companies, soon to be absorbed by Crescent Capital.
We republish a BDC Credit Reporter article about the successful sale of a long standing Crescent Capital portfolio company. We use the opportunity to review the BDC’s credit performance of late compared to before the pandemic and at its height.
January ended well for the markets in general and the BDC sector specifically. In terms of news, an analyst had a strong view about Crescent Capital and we share some credit thoughts from S&P.
BDC prices inched a little higher. In terms of news, there were two encouraging earnings reports; another BDC raised new equity and a new Baby Bond made its official debut. We also added two new BDCs to our coverage.
Inflation is here and the markets flinched. So did the BDC sector, but not much. Otherwise, there were plenty of BDC developments to cover.
BDC prices move up for a third day; close on the heels of the major indices. Also we discuss Crescent Capital’s earnings challenge and two developments at Gladstone Investment.
Monday was a very bad day for all the markets price-wise, including the BDC sector. We review at some length what happened. Also discussed is a new rating of a BDC by a well respected investment bank.
BDC prices have started the new week with a strong showing. In the news, a preferred offering and credit developments at several BDC portfolio companies worth knowing about. Some good news and some terrible.
We annotate the Crescent Capital IQ 2021 conference call transcript after first reviewing the investor presentation, earnings release and 10-Q. We find a BDC still very much betwixt and between.
BDC stock prices held up well in week two of earnings season. We review the top winners and losers and project what prices might go next.
