The BDC Reporter contends with an avalanche of BDC earnings reports, but notes very few setbacks. Market prices revive on the general optimism.
For the first time in seven weeks, BDC sector prices dropped, but not much. We also discuss recent developments at BlackRock Capital and Sixth Street Specialty.
A famous retailer – just out of bankruptcy is poised to tap the capital markets. Sixth Street Specialty Lending appears poised to benefit.
Sixth Street Specialty Lending raises a large amount of new unsecured debt at a favorable yield. We analyze the impact on both balance sheet and P&L, and compare with another similar issuance by Ares Capital.
Another energy company files for bankruptcy and Sixth Street Specialty Lending is involved.
A portfolio company of Sixth Street Specialty Lending files Chapter 11. Will the BDC book a loss ?
The J.C. Penney saga is getting closer to being resolved and Sixth Street Specialty Lending seems likely to record a rare loss.