BDC stock prices resumed their ascent after a one day pause. We highlight interesting information in Capital Southwest’s conference call and provide details about Ares Capital’s latest debt offering and some other minor items.
The BDC Reporter provides a brief update on what we’ve been working on as sector prices have tumbled for three days in a row. We will be on vacation for a few days but will continue to publish several new annotations of BDC conference calls. .
The BDC Reporter contends with an avalanche of BDC earnings reports, but notes very few setbacks. Market prices revive on the general optimism.
Just as BDC earnings season heats up, several other developments occur just as sector prices slump…
The BDC Reporter has several breaking BDC-related news stories to discuss in our daily summary, plus two important credit developments.
There are 4 news item on the agenda from the BDC sector on Thursday April 15, 2021 and the completion of a two part credit review of the largest BDC player.
The BDC Reporter previews at the market open what we’re working on for Monday April 5, 2021.
The BDC Reporter previews shortly after the market open what we’re working on for April 1, 2021.
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.
